Annual gdp growth in Micronesia (country)
Micronesia (country): Annual gdp growth was 0.78 in 2023. ◆ Volatile
Latest (2023)
0.78
Change on year
up 200.0%
World rank
162nd
of 211 countries
All-time high
4.83
in 2000
All-time low
-3.68
in 2013
Years of data
24
2000–2023
Annual gdp growth in Micronesia (country), 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual gdp growth in Micronesia (country) stood at 0.78.
Compared with earlier readings it is up 200.0% on the previous year and up 121.2% over ten years.
Over the whole period, annual gdp growth in Micronesia (country) peaked at 4.83 in 2000 and was at its lowest, -3.68, in 2013.
Micronesia (country) ranks 162nd of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.484 | -3.08 | 4.83 | 10 |
| 2010s | 0.759 | -3.68 | 4.62 | 10 |
| 2020s | 0.21 | -1.96 | 2.8 | 4 |
Countries ranked near Micronesia (country)
More economy & growth data for Micronesia (country)
- External balance on goods and services as a percent of gdp -48.82 (2025)
- Inflation of consumer prices 5.41 (2022)
- Gdp per capita worldbank constant usd 3,020 (2025)
- Manufacturing value added to gdp 0.4807 (2025)
- Gdp worldbank constant usd 343.29 million (2025)
- Gdp per capita in international and market dollars 3,020 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 212.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 212.70 million current US$ (2025)
- Taxes less subsidies on products 44.46 million current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Micronesia (country)?
- Annual gdp growth in Micronesia (country) was 0.78 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Micronesia (country)?
- The highest recorded value was 4.83 in 2000.
- What is the lowest annual gdp growth recorded in Micronesia (country)?
- The lowest recorded value was -3.68 in 2013.
- How does Micronesia (country) rank for annual gdp growth?
- Micronesia (country) ranks 162nd out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Micronesia (country)?
- Over the last ten years it is up 121.2%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).