Annual growth rate of real GDP per capita in Micronesia (Federated States of)
Micronesia (Federated States of): Annual growth rate of real GDP per capita was 0.2% in 2024. ◆ Volatile
Latest (2024)
0.2%
World rank
177th
of 226 countries
All-time high
4.3%
in 2000
All-time low
-3.9%
in 2013
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Micronesia (Federated States of), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Micronesia (Federated States of) stood at 0.2%.
The figure is up 107.7% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Micronesia (Federated States of) peaked at 4.3% in 2000 and was at its lowest, -3.9%, in 2013.
That places Micronesia (Federated States of) 177th out of 226 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Micronesia (Federated States of), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.3% | — |
| 2001 | 1.4% | -67.4% |
| 2002 | 0.5% | -64.3% |
| 2003 | 2.0% | +300.0% |
| 2004 | -2.5% | -225.0% |
| 2005 | 2.5% | -200.0% |
| 2006 | 0.3% | -88.0% |
| 2007 | -1.0% | -433.3% |
| 2008 | -1.6% | +60.0% |
| 2009 | 2.0% | -225.0% |
| 2010 | 2.7% | +35.0% |
| 2011 | 3.0% | +11.1% |
| 2012 | -2.0% | -166.7% |
| 2013 | -3.9% | +95.0% |
| 2014 | -2.6% | -33.3% |
| 2015 | 4.3% | -265.4% |
| 2016 | 0.6% | -86.0% |
| 2017 | 2.3% | +283.3% |
| 2018 | -0.2% | -108.7% |
| 2019 | 1.2% | -700.0% |
| 2020 | -2.2% | -283.3% |
| 2021 | 2.4% | -209.1% |
| 2022 | -3.3% | -237.5% |
| 2023 | 0.0% | -100.0% |
| 2024 | 0.2% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | -2.5% | 4.3% | 10 |
| 2010s | 0.5% | -3.9% | 4.3% | 10 |
| 2020s | -0.6% | -3.3% | 2.4% | 5 |
Countries ranked near Micronesia (Federated States of)
- 174 Liechtenstein 0.4% compare
- 174 United Arab Emirates 0.4% compare
- 176 Netherlands (Kingdom of the) 0.3% compare
- 177 Bahrain 0.2% compare
- 177 Estonia 0.2% compare
- 180 Australia 0.1% compare
- 180 Eswatini 0.1% compare
- 180 Finland 0.1% compare
- 180 Ireland 0.1% compare
- 180 Saint Kitts and Nevis 0.1% compare
More economy & growth data for Micronesia (Federated States of)
- Gross Domestic Product — Annual growth Standard Local Currency 6.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.2474 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.7191 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.7 % (2024)
- Gross Domestic Product — Annual growth US$ 6.2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.7191 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 338.76 million SLC (2024)
- Gross Domestic Product — Value US$ 488.5 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,317 USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 140.24 million SLC (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Micronesia (Federated States of)?
- Annual growth rate of real gdp per capita in Micronesia (Federated States of) was 0.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Micronesia (Federated States of)?
- The highest recorded value was 4.3% in 2000.
- What is the lowest annual growth rate of real gdp per capita recorded in Micronesia (Federated States of)?
- The lowest recorded value was -3.9% in 2013.
- How does Micronesia (Federated States of) rank for annual growth rate of real gdp per capita?
- Micronesia (Federated States of) ranks 177th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 107.7%. The long-run trend across the full record is volatile.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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