Current account balance as a share of GDP in Micronesia (country)
Micronesia (country): Current account balance as a share of GDP was 7.1% in 2014. ◆ Volatile
Latest (2014)
7.1%
Change on year
up 1,134.8%
World rank
24th
of 193 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 share of GDP in Micronesia (country), 2009–2014
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Micronesia (country) recorded 7.1% for current account balance as a share of gdp in 2014. That is the highest value across all 6 years on record.
That represents a change of up 1,134.8% on the previous year and up 151.3% over ten years.
Micronesia (country) ranks 24th of 193 countries on this measure, in the top quarter.
Current account balance as a share of GDP in Micronesia (country), year by year
| Year | % | Change |
|---|---|---|
| 2009 | -13.9% | — |
| 2010 | -8.4% | -39.3% |
| 2011 | -14.4% | +70.5% |
| 2012 | -7.4% | -48.8% |
| 2013 | -0.7% | -90.7% |
| 2014 | 7.1% | -1134.8% |
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 (country)
- 21 Faroe Islands 7.8%
- 22 Switzerland 7.7% compare
- 23 French Polynesia 7.5% compare
- 25 Malta 7.1% compare
- 26 Nigeria 6.8% compare
- 27 Azerbaijan 6.3% compare
More economy & growth data for Micronesia (country)
- GDP (constant 2015 US$), per capita 3,020 constant 2015 US$ per person (2025)
- GDP (current LCU), annual growth rate 4.3 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 4,414 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.06 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6841 constant 2015 US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 6.45 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 4,763 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2025)
- GDP (current US$), per capita 4,414 current US$ per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Micronesia (country)?
- Current account balance as a share of gdp in Micronesia (country) was 7.1% in 2014, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Micronesia (country)?
- The highest recorded value was 7.1% in 2014.
- What is the lowest current account balance as a share of gdp recorded in Micronesia (country)?
- The lowest recorded value was -14.4% in 2011.
- How does Micronesia (country) rank for current account balance as a share of gdp?
- Micronesia (country) ranks 24th out of 193 countries with data for 2014.
- Is current account balance as a share of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 151.3%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).