GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Micronesia (Federated States of)
Micronesia (Federated States of): GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 5.44 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Micronesia (Federated States of), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Micronesia (Federated States of) stood at 5.44 % change on previous year.
Compared with earlier readings it is down 11.5% on the previous year and up 79.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Micronesia (Federated States of) peaked at 14.78 % change on previous year in 1974 and was at its lowest, -5.25 % change on previous year, in 2015.
That places Micronesia (Federated States of) 60th out of 209 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Micronesia (Federated States of), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.08 % change on previous year | — |
| 1972 | 14.01 % change on previous year | +98.0% |
| 1973 | 3.58 % change on previous year | -74.5% |
| 1974 | 14.78 % change on previous year | +312.9% |
| 1975 | -0.0221 % change on previous year | -100.1% |
| 1976 | 1.14 % change on previous year | -5273.9% |
| 1977 | -1.34 % change on previous year | -217.3% |
| 1978 | 7.37 % change on previous year | -649.2% |
| 1979 | 10 % change on previous year | +35.6% |
| 1980 | 14.76 % change on previous year | +47.6% |
| 1981 | 8.58 % change on previous year | -41.8% |
| 1982 | 7.5 % change on previous year | -12.6% |
| 1983 | 3.08 % change on previous year | -59.0% |
| 1984 | 4.82 % change on previous year | +56.6% |
| 1985 | 3.28 % change on previous year | -31.8% |
| 1986 | 1.95 % change on previous year | -40.7% |
| 1987 | 2.33 % change on previous year | +19.7% |
| 1988 | 4.39 % change on previous year | +88.0% |
| 1989 | 4.36 % change on previous year | -0.7% |
| 1990 | 5.04 % change on previous year | +15.8% |
| 1991 | 5.18 % change on previous year | +2.6% |
| 1992 | 3.33 % change on previous year | -35.7% |
| 1993 | 2.31 % change on previous year | -30.6% |
| 1994 | 2.13 % change on previous year | -7.8% |
| 1995 | -0.4107 % change on previous year | -119.3% |
| 1996 | 1.77 % change on previous year | -531.4% |
| 1997 | 0.6474 % change on previous year | -63.5% |
| 1998 | 3.1 % change on previous year | +379.0% |
| 1999 | -0.9431 % change on previous year | -130.4% |
| 2000 | 1.05 % change on previous year | -211.2% |
| 2001 | 1.2 % change on previous year | +14.2% |
| 2002 | 0.0291 % change on previous year | -97.6% |
| 2003 | -0.4015 % change on previous year | -1478.8% |
| 2004 | 1.06 % change on previous year | -364.0% |
| 2005 | 2.09 % change on previous year | +96.9% |
| 2006 | 1.42 % change on previous year | -31.9% |
| 2007 | 3.15 % change on previous year | +121.5% |
| 2008 | 5 % change on previous year | +59.0% |
| 2009 | 5.36 % change on previous year | +7.1% |
| 2010 | 3.6 % change on previous year | -32.8% |
| 2011 | 1.6 % change on previous year | -55.7% |
| 2012 | 7.12 % change on previous year | +346.4% |
| 2013 | 0.6366 % change on previous year | -91.1% |
| 2014 | 3.02 % change on previous year | +375.1% |
| 2015 | -5.25 % change on previous year | -273.6% |
| 2016 | 2.19 % change on previous year | -141.8% |
| 2017 | 9.56 % change on previous year | +335.7% |
| 2018 | 9.19 % change on previous year | -3.8% |
| 2019 | -3.43 % change on previous year | -137.3% |
| 2020 | -3.7 % change on previous year | +7.7% |
| 2021 | 1.98 % change on previous year | -153.7% |
| 2022 | 11.12 % change on previous year | +460.7% |
| 2023 | 6.14 % change on previous year | -44.7% |
| 2024 | 5.44 % change on previous year | -11.5% |
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Micronesia (Federated States of) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +5273.9% | -0.0221 % change on previous year | 1.14 % change on previous year |
| 2003 | -1478.8% | 0.0291 % change on previous year | -0.4015 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.29 % change on previous year | -1.34 % change on previous year | 14.78 % change on previous year | 9 |
| 1980s | 5.5 % change on previous year | 1.95 % change on previous year | 14.76 % change on previous year | 10 |
| 1990s | 2.22 % change on previous year | -0.9431 % change on previous year | 5.18 % change on previous year | 10 |
| 2000s | 2 % change on previous year | -0.4015 % change on previous year | 5.36 % change on previous year | 10 |
| 2010s | 2.82 % change on previous year | -5.25 % change on previous year | 9.56 % change on previous year | 10 |
| 2020s | 4.2 % change on previous year | -3.7 % change on previous year | 11.12 % change on previous year | 5 |
Countries ranked near Micronesia (Federated States of)
- 57 Cuba 5.74 % change on previous year compare
- 58 Israel 5.52 % change on previous year compare
- 59 Croatia 5.5 % change on previous year compare
- 61 Serbia 5.23 % change on previous year compare
- 62 Luxembourg 5.23 % change on previous year compare
- 63 Marshall Islands 5.21 % change on previous year 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 gdp deflator — value standard local currency, 2015 prices, annual in Micronesia (Federated States of)?
- Gdp deflator — value standard local currency, 2015 prices, annual in Micronesia (Federated States of) was 5.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Micronesia (Federated States of)?
- The highest recorded value was 14.78 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Micronesia (Federated States of)?
- The lowest recorded value was -5.25 % change on previous year in 2015.
- How does Micronesia (Federated States of) rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Micronesia (Federated States of) ranks 60th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 79.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.