Current account balance as a proportion of GDP in Micronesia (Federated States of)
Micronesia (Federated States of): Current account balance as a proportion of GDP was 7.1% in 2014. ◆ Volatile
Latest (2014)
7.1%
Change on year
up 1,127.1%
World rank
23rd
of 204 countries
All-time high
7.1%
in 2014
All-time low
-14.4%
in 2011
Years of data
6
2009–2014
Current account balance as a proportion of GDP in Micronesia (Federated States of), 2009–2014
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Micronesia (Federated States of) is 7.1%, measured in 2014. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 1,127.1% on the previous year and up 151.2% over ten years.
Micronesia (Federated States of) ranks 23rd of 204 countries on this measure, in the top quarter.
Current account balance as a proportion of GDP in Micronesia (Federated States of), year by year
| Year | Value | Change |
|---|---|---|
| 2009 | -13.9% | — |
| 2010 | -8.5% | -39.3% |
| 2011 | -14.4% | +70.5% |
| 2012 | -7.4% | -48.8% |
| 2013 | -0.7% | -90.6% |
| 2014 | 7.1% | -1127.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.9% | -13.9% | -13.9% | 1 |
| 2010s | -4.8% | -14.4% | 7.1% | 5 |
Countries ranked near Micronesia (Federated States of)
- 20 Faroe Islands 7.8%
- 21 Switzerland 7.7% compare
- 22 French Polynesia 7.5% compare
- 24 Malta 7.1% compare
- 25 Nigeria 6.8% compare
- 26 Azerbaijan 6.3% 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 current account balance as a proportion of gdp in Micronesia (Federated States of)?
- Current account balance as a proportion of gdp in Micronesia (Federated States of) was 7.1% in 2014, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Micronesia (Federated States of)?
- The highest recorded value was 7.1% in 2014.
- What is the lowest current account balance as a proportion of gdp recorded in Micronesia (Federated States of)?
- The lowest recorded value was -14.4% in 2011.
- How does Micronesia (Federated States of) rank for current account balance as a proportion of gdp?
- Micronesia (Federated States of) ranks 23rd out of 204 countries with data for 2014.
- Is current account balance as a proportion of gdp rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 151.2%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under UN SDG Global Database (open, attribution requested).