GDP Deflator — Value US$, 2015 prices in Micronesia
Micronesia: GDP Deflator — Value US$, 2015 prices was 133.16 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Micronesia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Micronesia recorded 133.16 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 4.2% on the previous year and up 24.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Micronesia peaked at 133.16 USD in 2024 and was at its lowest, 11.33 USD, in 1970.
Micronesia ranks 45th of 222 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Micronesia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 11.33 USD | — |
| 1971 | 12.13 USD | +7.0% |
| 1972 | 13.52 USD | +11.5% |
| 1973 | 16.47 USD | +21.9% |
| 1974 | 19.54 USD | +18.6% |
| 1975 | 20.01 USD | +2.4% |
| 1976 | 20.35 USD | +1.7% |
| 1977 | 20.72 USD | +1.8% |
| 1978 | 22.95 USD | +10.7% |
| 1979 | 25.06 USD | +9.2% |
| 1980 | 27.42 USD | +9.4% |
| 1981 | 30.03 USD | +9.5% |
| 1982 | 31.2 USD | +3.9% |
| 1983 | 32.62 USD | +4.5% |
| 1984 | 33.65 USD | +3.2% |
| 1985 | 34.11 USD | +1.4% |
| 1986 | 36.15 USD | +6.0% |
| 1987 | 38.55 USD | +6.6% |
| 1988 | 41.45 USD | +7.5% |
| 1989 | 44.01 USD | +6.2% |
| 1990 | 47.12 USD | +7.1% |
| 1991 | 51.63 USD | +9.6% |
| 1992 | 55.39 USD | +7.3% |
| 1993 | 57.71 USD | +4.2% |
| 1994 | 59.41 USD | +2.9% |
| 1995 | 60.25 USD | +1.4% |
| 1996 | 63.46 USD | +5.3% |
| 1997 | 63.73 USD | +0.4% |
| 1998 | 63.88 USD | +0.2% |
| 1999 | 65.12 USD | +1.9% |
| 2000 | 66.27 USD | +1.8% |
| 2001 | 66.65 USD | +0.6% |
| 2002 | 68.1 USD | +2.2% |
| 2003 | 70.73 USD | +3.9% |
| 2004 | 74.23 USD | +5.0% |
| 2005 | 77.07 USD | +3.8% |
| 2006 | 78.27 USD | +1.6% |
| 2007 | 81.91 USD | +4.7% |
| 2008 | 86.44 USD | +5.5% |
| 2009 | 89.37 USD | +3.4% |
| 2010 | 93.21 USD | +4.3% |
| 2011 | 100.02 USD | +7.3% |
| 2012 | 107.8 USD | +7.8% |
| 2013 | 106.62 USD | -1.1% |
| 2014 | 106.68 USD | +0.1% |
| 2015 | 100 USD | -6.3% |
| 2016 | 104.11 USD | +4.1% |
| 2017 | 109.71 USD | +5.4% |
| 2018 | 114.28 USD | +4.2% |
| 2019 | 108.36 USD | -5.2% |
| 2020 | 108.93 USD | +0.5% |
| 2021 | 120.28 USD | +10.4% |
| 2022 | 120.88 USD | +0.5% |
| 2023 | 127.81 USD | +5.7% |
| 2024 | 133.16 USD | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.21 USD | 11.33 USD | 25.06 USD | 10 |
| 1980s | 34.92 USD | 27.42 USD | 44.01 USD | 10 |
| 1990s | 58.77 USD | 47.12 USD | 65.12 USD | 10 |
| 2000s | 75.9 USD | 66.27 USD | 89.37 USD | 10 |
| 2010s | 105.08 USD | 93.21 USD | 114.28 USD | 10 |
| 2020s | 122.21 USD | 108.93 USD | 133.16 USD | 5 |
Countries ranked near Micronesia
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.1764 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Gross Domestic Product — Value US$ per capita 5,055 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.33 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.96 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.49 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.38 % (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Micronesia?
- Gdp deflator — value us$, 2015 prices in Micronesia was 133.16 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Micronesia?
- The highest recorded value was 133.16 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Micronesia?
- The lowest recorded value was 11.33 USD in 1970.
- How does Micronesia rank for gdp deflator — value us$, 2015 prices?
- Micronesia ranks 45th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Micronesia?
- Over the last ten years it is up 24.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia 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).