GDP Deflator — Value US$, 2015 prices in Micronesia (Federated States of)
Micronesia (Federated States of): GDP Deflator — Value US$, 2015 prices was 144.2 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Micronesia (Federated States of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Micronesia (Federated States of) stood at 144.2 USD. That is the highest value across all 55 years on record.
The figure is up 5.4% on the previous year and up 36.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Micronesia (Federated States of) peaked at 144.2 USD in 2024 and was at its lowest, 20.56 USD, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Micronesia (Federated States of), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 20.56 USD | — |
| 1971 | 22.01 USD | +7.1% |
| 1972 | 25.1 USD | +14.0% |
| 1973 | 26 USD | +3.6% |
| 1974 | 29.84 USD | +14.8% |
| 1975 | 29.83 USD | -0.0% |
| 1976 | 30.17 USD | +1.1% |
| 1977 | 29.77 USD | -1.3% |
| 1978 | 31.96 USD | +7.4% |
| 1979 | 35.16 USD | +10.0% |
| 1980 | 40.34 USD | +14.8% |
| 1981 | 43.81 USD | +8.6% |
| 1982 | 47.09 USD | +7.5% |
| 1983 | 48.54 USD | +3.1% |
| 1984 | 50.88 USD | +4.8% |
| 1985 | 52.55 USD | +3.3% |
| 1986 | 53.58 USD | +1.9% |
| 1987 | 54.82 USD | +2.3% |
| 1988 | 57.23 USD | +4.4% |
| 1989 | 59.72 USD | +4.4% |
| 1990 | 62.73 USD | +5.0% |
| 1991 | 65.98 USD | +5.2% |
| 1992 | 68.18 USD | +3.3% |
| 1993 | 69.75 USD | +2.3% |
| 1994 | 71.24 USD | +2.1% |
| 1995 | 70.94 USD | -0.4% |
| 1996 | 72.2 USD | +1.8% |
| 1997 | 72.67 USD | +0.6% |
| 1998 | 74.92 USD | +3.1% |
| 1999 | 74.21 USD | -0.9% |
| 2000 | 74.99 USD | +1.0% |
| 2001 | 75.89 USD | +1.2% |
| 2002 | 75.91 USD | +0.0% |
| 2003 | 75.61 USD | -0.4% |
| 2004 | 76.41 USD | +1.1% |
| 2005 | 78 USD | +2.1% |
| 2006 | 79.11 USD | +1.4% |
| 2007 | 81.6 USD | +3.1% |
| 2008 | 85.69 USD | +5.0% |
| 2009 | 90.28 USD | +5.4% |
| 2010 | 93.53 USD | +3.6% |
| 2011 | 95.03 USD | +1.6% |
| 2012 | 101.8 USD | +7.1% |
| 2013 | 102.44 USD | +0.6% |
| 2014 | 105.54 USD | +3.0% |
| 2015 | 100 USD | -5.3% |
| 2016 | 102.19 USD | +2.2% |
| 2017 | 111.96 USD | +9.6% |
| 2018 | 122.26 USD | +9.2% |
| 2019 | 118.06 USD | -3.4% |
| 2020 | 113.7 USD | -3.7% |
| 2021 | 115.95 USD | +2.0% |
| 2022 | 128.85 USD | +11.1% |
| 2023 | 136.76 USD | +6.1% |
| 2024 | 144.2 USD | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.04 USD | 20.56 USD | 35.16 USD | 10 |
| 1980s | 50.86 USD | 40.34 USD | 59.72 USD | 10 |
| 1990s | 70.28 USD | 62.73 USD | 74.92 USD | 10 |
| 2000s | 79.35 USD | 74.99 USD | 90.28 USD | 10 |
| 2010s | 105.28 USD | 93.53 USD | 122.26 USD | 10 |
| 2020s | 127.89 USD | 113.7 USD | 144.2 USD | 5 |
Countries ranked near Micronesia (Federated States of)
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 us$, 2015 prices in Micronesia (Federated States of)?
- Gdp deflator — value us$, 2015 prices in Micronesia (Federated States of) was 144.2 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Micronesia (Federated States of)?
- The highest recorded value was 144.2 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Micronesia (Federated States of)?
- The lowest recorded value was 20.56 USD in 1970.
- How does Micronesia (Federated States of) rank for gdp deflator — value us$, 2015 prices?
- Micronesia (Federated States of) ranks 3rd out of 18 regions with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 36.6%. The long-run trend across the full record is rising.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).