Healthcare Spending: Micronesia, Fed. States of

Micronesia, Fed. States of's healthcare spending is currently 12.881 % of GDP as of 2023. # Micronesia, Fed.

Current (2023)

12.881 % of GDP

+2.0% y/y

Peak (2005)

17.948 % of GDP

Low (2000)

7.765 % of GDP

Source

World Bank World Development Indicators

2000–2023 · 24 pts

Healthcare Spending — Micronesia, Fed. States of

2000 — 2023

Healthcare Spending — Micronesia, Fed. States of

Analysis# Micronesia, Fed. States of Healthcare Spending The Federated States of Micronesia devoted 12.881% of GDP to healthcare in 2023, reflecting a significant long-term increase since 2000, when spending stood at 7.765% of GDP—a 65.9% rise over the 23-year period. The nation's peak expenditure reached 17.948% of GDP in 2005, substantially higher than current levels, indicating a substantial contraction from that historical high. Recent years show relative stability around the 12% threshold. Spending climbed from 11.835% in 2014 to 13.335% in 2016, then settled into a narrower band between 11.374% and 12.881% through 2023. The 2023 figure marks a modest increase from 2022's 12.627%, suggesting healthcare spending remains a major budget priority despite fluctuations rather than a declining commitment.

Historical Data

24 Rows

Year	Value	Change %
2023	12.881 % of GDP	+2.01%
2022	12.627 % of GDP	+11.02%
2021	11.374 % of GDP	-5.10%
2020	11.985 % of GDP	+0.93%
2019	11.874 % of GDP	-0.55%
2018	11.94 % of GDP	-3.76%
2017	12.407 % of GDP	-6.96%
2016	13.335 % of GDP	+5.64%
2015	12.623 % of GDP	+6.66%
2014	11.835 % of GDP	-3.13%
2013	12.218 % of GDP	-1.40%
2012	12.391 % of GDP	-6.29%
2011	13.223 % of GDP	-0.81%
2010	13.331 % of GDP	+5.06%
2009	12.689 % of GDP	+5.02%
2008	12.083 % of GDP	+7.57%
2007	11.233 % of GDP	+3.34%
2006	10.87 % of GDP	-39.44%
2005	17.948 % of GDP	+46.69%
2004	12.235 % of GDP	+26.79%