Annual growth of exports of goods and services in Micronesia
Micronesia: Annual growth of exports of goods and services was 126.2% in 2022. ◆ Volatile
Annual growth of exports of goods and services in Micronesia, 2003–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2022, annual growth of exports of goods and services in Micronesia stood at 126.2%. That is the highest value across all 20 years on record.
That represents a change of up 385.6% on the previous year and up 1,520.5% over ten years.
Over the whole period, annual growth of exports of goods and services in Micronesia peaked at 126.2% in 2022 and was at its lowest, -68.8%, in 2020.
Micronesia ranks 5th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Micronesia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | -8.7% | — |
| 2004 | 13.9% | -260.3% |
| 2005 | -8.6% | -161.6% |
| 2006 | -11.5% | +34.0% |
| 2007 | -13.0% | +12.9% |
| 2008 | -19.5% | +50.2% |
| 2009 | -19.3% | -1.3% |
| 2010 | 1.9% | -109.9% |
| 2011 | 2.8% | +48.6% |
| 2012 | 7.8% | +174.7% |
| 2013 | 4.3% | -44.3% |
| 2014 | 1.9% | -55.9% |
| 2015 | 3.0% | +55.4% |
| 2016 | 24.9% | +739.0% |
| 2017 | 7.5% | -69.9% |
| 2018 | -17.7% | -336.4% |
| 2019 | 3.5% | -119.6% |
| 2020 | -68.8% | -2075.4% |
| 2021 | -44.2% | -35.8% |
| 2022 | 126.2% | -385.6% |
Biggest year-on-year movements
Years where Annual growth of exports of goods and services 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 |
|---|---|---|---|
| 2020 | -2075.4% | 3.5% | -68.8% |
| 2016 | +739.0% | 3.0% | 24.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.5% | -19.5% | 13.9% | 7 |
| 2010s | 4.0% | -17.7% | 24.9% | 10 |
| 2020s | 4.4% | -68.8% | 126.2% | 3 |
Countries ranked near Micronesia
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.1764 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.39 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,796 USD (2024)
- Gross Domestic Product — Value US$ per capita 5,055 USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (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)
Frequently asked questions
- What is annual growth of exports of goods and services in Micronesia?
- Annual growth of exports of goods and services in Micronesia was 126.2% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Micronesia?
- The highest recorded value was 126.2% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Micronesia?
- The lowest recorded value was -68.8% in 2020.
- How does Micronesia rank for annual growth of exports of goods and services?
- Micronesia ranks 5th out of 186 countries with data for 2022.
- Is annual growth of exports of goods and services rising or falling in Micronesia?
- Over the last ten years it is up 1,520.5%. The long-run trend across the full record is volatile.
- Where does this Micronesia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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