Gross domestic product (GDP), Current prices, Domestic currency in Micronesia (country)
Micronesia (country): Gross domestic product (GDP), Current prices, Domestic currency was 3.09 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Micronesia (country), 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Micronesia (country) recorded 3.09 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
That represents a change of down 67.8% on the previous year and down 52.4% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Micronesia (country) peaked at 38.73 % change on previous year in 1973 and was at its lowest, -5.48 % change on previous year, in 1997.
Micronesia (country) ranks 143rd of 194 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.
Gross domestic product (GDP), Current prices, Domestic currency in Micronesia (country), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.54 % change on previous year | — |
| 1972 | 15.23 % change on previous year | +59.6% |
| 1973 | 38.73 % change on previous year | +154.3% |
| 1974 | 32.38 % change on previous year | -16.4% |
| 1975 | 0.052 % change on previous year | -99.8% |
| 1976 | 1.5 % change on previous year | +2796.1% |
| 1977 | 1.05 % change on previous year | -30.1% |
| 1978 | 13.43 % change on previous year | +1176.4% |
| 1979 | 12.33 % change on previous year | -8.2% |
| 1980 | 6.5 % change on previous year | -47.3% |
| 1981 | 19.14 % change on previous year | +194.6% |
| 1982 | 4.69 % change on previous year | -75.5% |
| 1983 | 5.06 % change on previous year | +8.1% |
| 1984 | 0.6726 % change on previous year | -86.7% |
| 1985 | 20.38 % change on previous year | +2929.6% |
| 1986 | 10.08 % change on previous year | -50.5% |
| 1987 | 4.37 % change on previous year | -56.7% |
| 1988 | 10.55 % change on previous year | +141.4% |
| 1989 | 5.24 % change on previous year | -50.3% |
| 1990 | 9.27 % change on previous year | +76.8% |
| 1991 | 11.4 % change on previous year | +22.9% |
| 1992 | 7.5 % change on previous year | -34.2% |
| 1993 | 9.25 % change on previous year | +23.3% |
| 1994 | 3.44 % change on previous year | -62.9% |
| 1995 | 3.82 % change on previous year | +11.0% |
| 1996 | -1.41 % change on previous year | -137.0% |
| 1997 | -5.48 % change on previous year | +287.8% |
| 1998 | 6.21 % change on previous year | -213.4% |
| 1999 | 0.4513 % change on previous year | -92.7% |
| 2000 | 5.72 % change on previous year | +1167.4% |
| 2001 | 2.88 % change on previous year | -49.6% |
| 2002 | 0.6536 % change on previous year | -77.3% |
| 2003 | 1.43 % change on previous year | +118.5% |
| 2004 | -1.78 % change on previous year | -224.6% |
| 2005 | 4.19 % change on previous year | -335.5% |
| 2006 | 1.09 % change on previous year | -74.0% |
| 2007 | 1.35 % change on previous year | +24.3% |
| 2008 | 2.49 % change on previous year | +84.2% |
| 2009 | 6.5 % change on previous year | +160.7% |
| 2010 | 5.92 % change on previous year | -8.8% |
| 2011 | 4.85 % change on previous year | -18.1% |
| 2012 | 5.14 % change on previous year | +6.0% |
| 2013 | -3.09 % change on previous year | -160.0% |
| 2014 | 0.662 % change on previous year | -121.5% |
| 2015 | -0.8769 % change on previous year | -232.5% |
| 2016 | 4.99 % change on previous year | -669.3% |
| 2017 | 10.35 % change on previous year | +107.4% |
| 2018 | 9.6 % change on previous year | -7.3% |
| 2019 | 3.09 % change on previous year | -67.8% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 3.09 % change on previous year is below the median for upper middle income countries, which is 5.34 % change on previous year, 58% of the median. (57 countries reporting)
- Micronesia (country)'s 3.09 % change on previous year is below the median for East Asia & Pacific, which is 4.53 % change on previous year, 68% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency in Micronesia (country) 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 |
|---|---|---|---|
| 1985 | +2929.6% | 0.6726 % change on previous year | 20.38 % change on previous year |
| 1976 | +2796.1% | 0.052 % change on previous year | 1.5 % change on previous year |
| 1978 | +1176.4% | 1.05 % change on previous year | 13.43 % change on previous year |
| 2000 | +1167.4% | 0.4513 % change on previous year | 5.72 % change on previous year |
| 2016 | +669.3% | -0.8769 % change on previous year | 4.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.8 % change on previous year | 0.052 % change on previous year | 38.73 % change on previous year | 9 |
| 1980s | 8.67 % change on previous year | 0.6726 % change on previous year | 20.38 % change on previous year | 10 |
| 1990s | 4.45 % change on previous year | -5.48 % change on previous year | 11.4 % change on previous year | 10 |
| 2000s | 2.45 % change on previous year | -1.78 % change on previous year | 6.5 % change on previous year | 10 |
| 2010s | 4.06 % change on previous year | -3.09 % change on previous year | 10.35 % change on previous year | 10 |
Countries ranked near Micronesia (country)
- 140 Nauru 3.31 % change on previous year compare
- 141 Austria 3.16 % change on previous year compare
- 142 Thailand 3.14 % change on previous year compare
- 144 Mexico 3.03 % change on previous year compare
- 145 Taiwan 3.03 % change on previous year compare
- 146 Finland 2.95 % change on previous year compare
More economy & growth data for Micronesia (country)
- IMF Quota, US dollar, per unit of GDP 0.0197 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0233 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 102.98 units per person (2025)
- IMF Quota, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF Quota, SDR, annual growth rate 0 % change on previous year (2025)
- IMF Quota, SDR, per capita 63.33 units per person (2025)
- IMF Quota, SDR, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 141.04 units per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Micronesia (country)?
- Gross domestic product (gdp), current prices, domestic currency in Micronesia (country) was 3.09 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Micronesia (country)?
- The highest recorded value was 38.73 % change on previous year in 1973.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Micronesia (country)?
- The lowest recorded value was -5.48 % change on previous year in 1997.
- How does Micronesia (country) rank for gross domestic product (gdp), current prices, domestic currency?
- Micronesia (country) ranks 143rd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Micronesia (country)?
- Over the last ten years it is down 52.4%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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 Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.