Gross domestic product (GDP), Constant prices, Purchasing power in Micronesia, Federated States of
Micronesia, Federated States of: Gross domestic product (GDP), Constant prices, Purchasing power was 0.3946 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Micronesia, Federated States of, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Micronesia, Federated States of stood at 0.3946. That is the highest value across all 50 years on record.
The figure is up 1.2% on the previous year and up 7.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Micronesia, Federated States of peaked at 0.3946 in 2019 and was at its lowest, 0.1217, in 1970.
Micronesia, Federated States of ranks 188th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Micronesia, Federated States of, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1217 | — |
| 1971 | 0.1245 | +2.3% |
| 1972 | 0.1258 | +1.1% |
| 1973 | 0.1685 | +33.9% |
| 1974 | 0.1944 | +15.3% |
| 1975 | 0.1945 | +0.1% |
| 1976 | 0.1952 | +0.4% |
| 1977 | 0.2 | +2.4% |
| 1978 | 0.2112 | +5.6% |
| 1979 | 0.2157 | +2.1% |
| 1980 | 0.2002 | -7.2% |
| 1981 | 0.2197 | +9.7% |
| 1982 | 0.2139 | -2.6% |
| 1983 | 0.218 | +1.9% |
| 1984 | 0.2094 | -4.0% |
| 1985 | 0.2441 | +16.6% |
| 1986 | 0.2635 | +8.0% |
| 1987 | 0.2688 | +2.0% |
| 1988 | 0.2846 | +5.9% |
| 1989 | 0.2871 | +0.9% |
| 1990 | 0.2986 | +4.0% |
| 1991 | 0.3163 | +5.9% |
| 1992 | 0.3291 | +4.0% |
| 1993 | 0.3514 | +6.8% |
| 1994 | 0.3559 | +1.3% |
| 1995 | 0.371 | +4.2% |
| 1996 | 0.3594 | -3.1% |
| 1997 | 0.3375 | -6.1% |
| 1998 | 0.3477 | +3.0% |
| 1999 | 0.3526 | +1.4% |
| 2000 | 0.3689 | +4.6% |
| 2001 | 0.3751 | +1.7% |
| 2002 | 0.3774 | +0.6% |
| 2003 | 0.3843 | +1.8% |
| 2004 | 0.3735 | -2.8% |
| 2005 | 0.3812 | +2.1% |
| 2006 | 0.38 | -0.3% |
| 2007 | 0.3734 | -1.7% |
| 2008 | 0.3644 | -2.4% |
| 2009 | 0.3683 | +1.1% |
| 2010 | 0.3767 | +2.3% |
| 2011 | 0.3887 | +3.2% |
| 2012 | 0.3814 | -1.9% |
| 2013 | 0.3674 | -3.7% |
| 2014 | 0.3589 | -2.3% |
| 2015 | 0.3755 | +4.6% |
| 2016 | 0.3789 | +0.9% |
| 2017 | 0.389 | +2.7% |
| 2018 | 0.3899 | +0.2% |
| 2019 | 0.3946 | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1752 | 0.1217 | 0.2157 | 10 |
| 1980s | 0.2409 | 0.2002 | 0.2871 | 10 |
| 1990s | 0.342 | 0.2986 | 0.371 | 10 |
| 2000s | 0.3747 | 0.3644 | 0.3843 | 10 |
| 2010s | 0.3801 | 0.3589 | 0.3946 | 10 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Imports of goods and services (current US$), per unit of GDP 0.7094 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,881 current US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.6526 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), annual growth rate 0 % change on previous year (2025)
- Services, value added (current US$), annual growth rate 2.29 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 96.73 constant LCU per person (2025)
- Industry (including construction), value added (constant LCU), per 0.0219 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 19.1 % change on previous year (2025)
- Imports of goods and services (current US$), per capita 3,132 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0384 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Micronesia, Federated States of?
- Gross domestic product (gdp), constant prices, purchasing power in Micronesia, Federated States of was 0.3946 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Micronesia, Federated States of?
- The highest recorded value was 0.3946 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Micronesia, Federated States of?
- The lowest recorded value was 0.1217 in 1970.
- How does Micronesia, Federated States of rank for gross domestic product (gdp), constant prices, purchasing power?
- Micronesia, Federated States of ranks 188th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.