Annual growth of imports of goods and services in Micronesia
Micronesia: Annual growth of imports of goods and services was 9.4% in 2022. ◆ Volatile
Annual growth of imports of goods and services in Micronesia, 2003–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in Micronesia is 9.4%, measured in 2022. That is the highest value across all 20 years on record.
The figure is up 267.9% on the previous year and up 318.5% over ten years.
Over the whole period, annual growth of imports of goods and services in Micronesia peaked at 9.4% in 2022 and was at its lowest, -7.3%, in 2020.
Micronesia ranks 39th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Micronesia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | -2.0% | — |
| 2004 | 5.6% | -375.0% |
| 2005 | -5.6% | -199.0% |
| 2006 | -1.1% | -80.4% |
| 2007 | 2.9% | -366.2% |
| 2008 | -4.7% | -261.0% |
| 2009 | 0.5% | -110.6% |
| 2010 | 0.9% | +84.1% |
| 2011 | 2.7% | +192.8% |
| 2012 | 2.2% | -15.6% |
| 2013 | 7.4% | +228.1% |
| 2014 | 3.0% | -59.2% |
| 2015 | 1.2% | -61.4% |
| 2016 | 9.2% | +695.5% |
| 2017 | -2.8% | -129.9% |
| 2018 | -4.2% | +52.4% |
| 2019 | 8.3% | -298.0% |
| 2020 | -7.3% | -187.6% |
| 2021 | 2.6% | -135.0% |
| 2022 | 9.4% | +267.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.6% | -5.6% | 5.6% | 7 |
| 2010s | 2.8% | -4.2% | 9.2% | 10 |
| 2020s | 1.6% | -7.3% | 9.4% | 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 imports of goods and services in Micronesia?
- Annual growth of imports of goods and services in Micronesia was 9.4% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Micronesia?
- The highest recorded value was 9.4% in 2022.
- What is the lowest annual growth of imports of goods and services recorded in Micronesia?
- The lowest recorded value was -7.3% in 2020.
- How does Micronesia rank for annual growth of imports of goods and services?
- Micronesia ranks 39th out of 186 countries with data for 2022.
- Is annual growth of imports of goods and services rising or falling in Micronesia?
- Over the last ten years it is up 318.5%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
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