External balance on goods and services as a percent of GDP in Micronesia (country)
Micronesia (country): External balance on goods and services as a percent of GDP was -48.8% in 2025. ▲ Rising
External balance on goods and services as a percent of GDP in Micronesia (country), 1983–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Micronesia (country) is -48.8%, measured in 2025.
That represents a change of up 5.3% on the previous year and up 1.1% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Micronesia (country) peaked at -29.7% in 2018 and was at its lowest, -102.5%, in 1983.
That places Micronesia (country) 185th out of 191 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
External balance on goods and services as a percent of GDP in Micronesia (country), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | -102.5% | — |
| 1995 | -54.6% | -46.8% |
| 1996 | -66.0% | +21.0% |
| 1997 | -70.9% | +7.4% |
| 1998 | -64.7% | -8.9% |
| 1999 | -62.6% | -3.2% |
| 2000 | -55.3% | -11.7% |
| 2001 | -58.4% | +5.5% |
| 2002 | -54.7% | -6.3% |
| 2003 | -58.5% | +7.0% |
| 2004 | -64.1% | +9.6% |
| 2005 | -59.9% | -6.5% |
| 2006 | -60.0% | +0.1% |
| 2007 | -54.5% | -9.1% |
| 2008 | -63.2% | +15.9% |
| 2009 | -66.1% | +4.5% |
| 2010 | -59.6% | -9.8% |
| 2011 | -58.1% | -2.5% |
| 2012 | -52.2% | -10.2% |
| 2013 | -53.2% | +2.0% |
| 2014 | -41.5% | -22.1% |
| 2015 | -49.4% | +19.1% |
| 2016 | -44.3% | -10.2% |
| 2017 | -39.6% | -10.7% |
| 2018 | -29.7% | -25.0% |
| 2019 | -35.7% | +20.2% |
| 2020 | -48.3% | +35.2% |
| 2021 | -51.1% | +5.8% |
| 2022 | -47.0% | -8.0% |
| 2023 | -51.0% | +8.6% |
| 2024 | -51.5% | +1.0% |
| 2025 | -48.8% | -5.3% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s -48.8% is below the median for upper middle income countries, which is -4.0%, 12.1× the median. (52 countries reporting)
- Micronesia (country)'s -48.8% is below the median for East Asia & Pacific, which is -9.4%, 5.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -102.5% | -102.5% | -102.5% | 1 |
| 1990s | -63.8% | -70.9% | -54.6% | 5 |
| 2000s | -59.5% | -66.1% | -54.5% | 10 |
| 2010s | -46.3% | -59.6% | -29.7% | 10 |
| 2020s | -49.6% | -51.5% | -47.0% | 6 |
Countries ranked near Micronesia (country)
- 182 Tonga -43.8% compare
- 183 Marshall Islands -43.8% compare
- 184 Northern Mariana Islands -48.6% compare
- 186 Afghanistan -52.4% compare
- 187 Lesotho -54.9% compare
- 188 Guam -56.1% compare
More economy & growth data for Micronesia (country)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- IMF holdings of currency, SDR, per capita 58.72 units per person (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0133 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, US dollar, per capita 80.41 units per person (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0182 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3511 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Micronesia (country)?
- External balance on goods and services as a percent of gdp in Micronesia (country) was -48.8% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Micronesia (country)?
- The highest recorded value was -29.7% in 2018.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Micronesia (country)?
- The lowest recorded value was -102.5% in 1983.
- How does Micronesia (country) rank for external balance on goods and services as a percent of gdp?
- Micronesia (country) ranks 185th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.