Latin America & the Caribbean (IDA & IBRD countries) vs Micronesia (country): Current health expenditure

Latin America & the Caribbean (IDA & IBRD countries)
7.9%
in 2023
Micronesia (country)
12.9%
in 2023
Latin America & the Caribbean (IDA & IBRD countries) rank
9th
Micronesia (country) rank
7th

Current health expenditure over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Micronesia (country)
05101520200020112023

How they compare

Micronesia (country) currently reports 12.9% against 7.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 5.0%.

That makes Micronesia (country)'s figure about 1.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 24 years both countries report, Micronesia (country) has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) ranks 9th and Micronesia (country) ranks 7th of 47 groups.

Micronesia (country) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Micronesia (country) Difference Ahead
2000s 6.7% 11.1% 4.4% Micronesia (country)
2010s 7.5% 12.5% 5.0% Micronesia (country)
2020s 8.1% 12.2% 4.1% Micronesia (country)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current health expenditure, Latin America & the Caribbean (IDA & IBRD countries) or Micronesia (country)?
Micronesia (country), at 12.9% against 7.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in current health expenditure between Latin America & the Caribbean (IDA & IBRD countries) and Micronesia (country)?
5.0%, with Micronesia (country) ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Micronesia (country)?
24 years are reported by both, from 2000 to 2023.
How do Latin America & the Caribbean (IDA & IBRD countries) and Micronesia (country) rank globally for current health expenditure?
Latin America & the Caribbean (IDA & IBRD countries) ranks 9th and Micronesia (country) ranks 7th of 47 groups.
Where does this data come from?
Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO), published as Current health expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Micronesia (country): Current health expenditure. Statizoid, drawing on Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO). Retrieved 18 September 2026, from https://health.statizoid.com/compare/current-health-expenditure-percent-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/micronesia-fed-sts/

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About this data

Indicator
Current health expenditure (% of GDP)
Unit
% of GDP
Source
Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 5,692 data points, 2000–2024
Last refreshed

Level of current health expenditure expressed as a percentage of GDP. Estimates of current health expenditures include healthcare goods and services consumed during each year. This indicator does not include capital health expenditures such as buildings, machinery, IT and stocks of vaccines for emergency or outbreaks.