Africa's Development: Annual real GDP growth per capita Growth … 04 in Micronesia
Micronesia: Africa's Development: Annual real GDP growth per capita Growth … 04 was -0.1764 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Micronesia, 1996–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 04 - annual real gdp in Micronesia is -0.1764 Percent per annum, measured in 2029.
That represents a change of down 9.1% on the previous year and down 105.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Micronesia peaked at 4.47 Percent per annum in 2000 and was at its lowest, -6.5 Percent per annum, in 1997.
Micronesia ranks 46th of 46 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth per capita Growth … 04 in Micronesia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1996 | -3.74 Percent per annum | — |
| 1997 | -6.5 Percent per annum | +74.0% |
| 1998 | 2.58 Percent per annum | -139.7% |
| 1999 | 1.01 Percent per annum | -61.0% |
| 2000 | 4.47 Percent per annum | +343.0% |
| 2001 | 1.6 Percent per annum | -64.1% |
| 2002 | 0.4038 Percent per annum | -74.8% |
| 2003 | 1.93 Percent per annum | +378.7% |
| 2004 | -2.87 Percent per annum | -248.6% |
| 2005 | 2.77 Percent per annum | -196.6% |
| 2006 | 0.3792 Percent per annum | -86.3% |
| 2007 | -1.03 Percent per annum | -372.6% |
| 2008 | -1.84 Percent per annum | +78.1% |
| 2009 | 1.88 Percent per annum | -202.2% |
| 2010 | 2.33 Percent per annum | +23.9% |
| 2011 | 3.5 Percent per annum | +49.9% |
| 2012 | -2.01 Percent per annum | -157.4% |
| 2013 | -4.01 Percent per annum | +99.8% |
| 2014 | -2.96 Percent per annum | -26.3% |
| 2015 | 4.02 Percent per annum | -235.9% |
| 2016 | 0.5166 Percent per annum | -87.1% |
| 2017 | 1.79 Percent per annum | +246.2% |
| 2018 | -0.3865 Percent per annum | -121.6% |
| 2019 | 3.4 Percent per annum | -980.1% |
| 2020 | -2.51 Percent per annum | -173.7% |
| 2021 | 2.08 Percent per annum | -182.9% |
| 2022 | -1.76 Percent per annum | -184.7% |
| 2023 | -0.1614 Percent per annum | -90.8% |
| 2024 | 0.1175 Percent per annum | -172.8% |
| 2025 | 0.7813 Percent per annum | +565.0% |
| 2026 | 0.1916 Percent per annum | -75.5% |
| 2027 | -0.0948 Percent per annum | -149.5% |
| 2028 | -0.1617 Percent per annum | +70.7% |
| 2029 | -0.1764 Percent per annum | +9.1% |
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth per capita Growth … 04 in Micronesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +980.1% | -0.3865 Percent per annum | 3.4 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.66 Percent per annum | -6.5 Percent per annum | 2.58 Percent per annum | 4 |
| 2000s | 0.7693 Percent per annum | -2.87 Percent per annum | 4.47 Percent per annum | 10 |
| 2010s | 0.6189 Percent per annum | -4.01 Percent per annum | 4.02 Percent per annum | 10 |
| 2020s | -0.1693 Percent per annum | -2.51 Percent per annum | 2.08 Percent per annum | 10 |
Countries ranked near Micronesia
- 43 Democratic Republic of the Congo 0.8929 Percent per annum compare
- 43 Seychelles 3.15 Percent per annum compare
- 44 Montenegro 3.15 Percent per annum compare
- 45 Pakistan 3.11 Percent per annum compare
- 46 Malaysia 3.04 Percent per annum compare
- 47 Thailand 2.97 Percent per annum compare
- 48 Tajikistan 2.83 Percent per annum compare
- 49 Panama 2.82 Percent per annum compare
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.33 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.96 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 429.08 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.07 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.38 % (2024)
- Gross Domestic Product — Annual growth US$ 7.82 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1,195 million USD (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Micronesia?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Micronesia was -0.1764 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Micronesia?
- The highest recorded value was 4.47 Percent per annum in 2000.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Micronesia?
- The lowest recorded value was -6.5 Percent per annum in 1997.
- How does Micronesia rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Micronesia ranks 46th out of 46 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Micronesia?
- Over the last ten years it is down 105.2%. The long-run trend across the full record is volatile.
- Where does this Micronesia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.