GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia

Micronesia: GDP Deflator — Value US$, 2015 prices, annual growth rate was 4.18 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.18 % change on previous year
Change on year
down 27.1%
World rank
67th
of 222 countries
All-time high
21.87 % change on previous year
in 1973
All-time low
-6.26 % change on previous year
in 2015
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Micronesia stood at 4.18 % change on previous year.

That represents a change of down 27.1% on the previous year and up 7,210.8% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Micronesia peaked at 21.87 % change on previous year in 1973 and was at its lowest, -6.26 % change on previous year, in 2015.

Micronesia ranks 67th of 222 countries on this measure, 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 US$, 2015 prices, annual growth rate in Micronesia, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia, 1971 to 2024.
Year % change on previous year Change
1971 7.05 % change on previous year
1972 11.46 % change on previous year +62.6%
1973 21.87 % change on previous year +90.8%
1974 18.62 % change on previous year -14.9%
1975 2.44 % change on previous year -86.9%
1976 1.68 % change on previous year -31.2%
1977 1.84 % change on previous year +9.5%
1978 10.72 % change on previous year +483.9%
1979 9.22 % change on previous year -14.1%
1980 9.41 % change on previous year +2.1%
1981 9.54 % change on previous year +1.4%
1982 3.89 % change on previous year -59.2%
1983 4.55 % change on previous year +16.8%
1984 3.15 % change on previous year -30.6%
1985 1.37 % change on previous year -56.5%
1986 5.98 % change on previous year +336.4%
1987 6.64 % change on previous year +11.0%
1988 7.5 % change on previous year +13.0%
1989 6.19 % change on previous year -17.5%
1990 7.05 % change on previous year +13.9%
1991 9.58 % change on previous year +35.9%
1992 7.29 % change on previous year -24.0%
1993 4.18 % change on previous year -42.6%
1994 2.94 % change on previous year -29.7%
1995 1.42 % change on previous year -51.8%
1996 5.33 % change on previous year +276.0%
1997 0.4177 % change on previous year -92.2%
1998 0.234 % change on previous year -44.0%
1999 1.95 % change on previous year +733.3%
2000 1.77 % change on previous year -9.5%
2001 0.5788 % change on previous year -67.2%
2002 2.16 % change on previous year +273.8%
2003 3.86 % change on previous year +78.6%
2004 4.96 % change on previous year +28.3%
2005 3.81 % change on previous year -23.0%
2006 1.56 % change on previous year -59.2%
2007 4.65 % change on previous year +198.5%
2008 5.54 % change on previous year +19.0%
2009 3.39 % change on previous year -38.7%
2010 4.29 % change on previous year +26.5%
2011 7.3 % change on previous year +70.2%
2012 7.78 % change on previous year +6.5%
2013 -1.09 % change on previous year -114.0%
2014 0.0572 % change on previous year -105.2%
2015 -6.26 % change on previous year -11042.9%
2016 4.11 % change on previous year -165.6%
2017 5.38 % change on previous year +31.0%
2018 4.17 % change on previous year -22.5%
2019 -5.18 % change on previous year -224.4%
2020 0.5316 % change on previous year -110.3%
2021 10.41 % change on previous year +1859.0%
2022 0.5013 % change on previous year -95.2%
2023 5.73 % change on previous year +1043.7%
2024 4.18 % change on previous year -27.1%

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia 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.

YearChange FromTo
2015 -11042.9% 0.0572 % change on previous year -6.26 % change on previous year
2021 +1859.0% 0.5316 % change on previous year 10.41 % change on previous year
2023 +1043.7% 0.5013 % change on previous year 5.73 % change on previous year
1999 +733.3% 0.234 % change on previous year 1.95 % change on previous year
1978 +483.9% 1.84 % change on previous year 10.72 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.43 % change on previous year 1.68 % change on previous year 21.87 % change on previous year 9
1980s 5.82 % change on previous year 1.37 % change on previous year 9.54 % change on previous year 10
1990s 4.04 % change on previous year 0.234 % change on previous year 9.58 % change on previous year 10
2000s 3.23 % change on previous year 0.5788 % change on previous year 5.54 % change on previous year 10
2010s 2.05 % change on previous year -6.26 % change on previous year 7.78 % change on previous year 10
2020s 4.27 % change on previous year 0.5013 % change on previous year 10.41 % change on previous year 5

Countries ranked near Micronesia

  1. 64 Lesotho 4.37 % change on previous year compare
  2. 65 Honduras 4.26 % change on previous year compare
  3. 66 China, Hong Kong SAR 4.19 % change on previous year compare
  4. 68 Chad 4.14 % change on previous year compare
  5. 69 Montenegro 4.06 % change on previous year compare
  6. 70 Libya 4.04 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Micronesia

All data for Micronesia →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in Micronesia?
Gdp deflator — value us$, 2015 prices, annual growth rate in Micronesia was 4.18 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Micronesia?
The highest recorded value was 21.87 % change on previous year in 1973.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Micronesia?
The lowest recorded value was -6.26 % change on previous year in 2015.
How does Micronesia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
Micronesia ranks 67th out of 222 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Micronesia?
Over the last ten years it is up 7,210.8%. The long-run trend across the full record is volatile.
Where does this Micronesia data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/micronesia/

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<a href="https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/micronesia/">GDP Deflator — Value US$, 2015 prices, annual growth rate in Micronesia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.