Current account balance (BoP, current US$) in Micronesia (country)
Micronesia (country): Current account balance (BoP, current US$) was 22.41 million BoP, current US$ in 2014. ◆ Volatile
Current account balance in Micronesia (country), 2009–2014
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Micronesia (country) recorded 22.41 million BoP, current US$ for current account balance in 2014. That is the highest value across all 6 years on record.
That represents a change of up 1,131.0% on the previous year and up 158.6% over ten years.
Micronesia (country) ranks 75th of 200 countries on this measure, in the middle of the range.
Current account balance (BoP, current US$) in Micronesia (country), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2009 | -38.25 million BoP, current US$ | — |
| 2010 | -24.57 million BoP, current US$ | -35.8% |
| 2011 | -44.22 million BoP, current US$ | +80.0% |
| 2012 | -23.83 million BoP, current US$ | -46.1% |
| 2013 | -2.17 million BoP, current US$ | -90.9% |
| 2014 | 22.41 million BoP, current US$ | -1131.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 22.41 million BoP, current US$ is above the median for upper middle income countries, which is -464.37 million BoP, current US$. (57 countries reporting)
- Micronesia (country)'s 22.41 million BoP, current US$ is above the median for East Asia & Pacific, which is 22.41 million BoP, current US$, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -38.25 million BoP, current US$ | -38.25 million BoP, current US$ | -38.25 million BoP, current US$ | 1 |
| 2010s | -14.48 million BoP, current US$ | -44.22 million BoP, current US$ | 22.41 million BoP, current US$ | 5 |
Countries ranked near Micronesia (country)
- 72 Samoa 89.27 million BoP, current US$ compare
- 73 Myanmar 67.72 million BoP, current US$ compare
- 74 Marshall Islands 62.33 million BoP, current US$ compare
- 76 Tuvalu 20.21 million BoP, current US$ compare
- 77 Nauru 9.73 million BoP, current US$ compare
- 78 Lesotho 1.41 million BoP, current US$ compare
More economy & growth data for Micronesia (country)
- Real gdp growth, annual growth rate 101.67 % change on previous year (2024)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDR Allocation, US dollar, per capita 141.04 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0233 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 102.98 units per person (2025)
- IMF Quota, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0349 units per US$ of GDP (2025)
- IMF Quota, SDR, per capita 63.33 units per person (2025)
Frequently asked questions
- What is current account balance in Micronesia (country)?
- Current account balance in Micronesia (country) was 22.41 million BoP, current US$ in 2014, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Micronesia (country)?
- The highest recorded value was 22.41 million BoP, current US$ in 2014.
- What is the lowest current account balance recorded in Micronesia (country)?
- The lowest recorded value was -44.22 million BoP, current US$ in 2011.
- How does Micronesia (country) rank for current account balance?
- Micronesia (country) ranks 75th out of 200 countries with data for 2014.
- Is current account balance rising or falling in Micronesia (country)?
- Over the last ten years it is up 158.6%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.