Gross domestic product (GDP), Current prices, Domestic currency in Micronesia, Federated States of
Micronesia, Federated States of: Gross domestic product (GDP), Current prices, Domestic currency was 0.4143 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Micronesia, Federated States of, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Micronesia, Federated States of is 0.4143, measured in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 47.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Micronesia, Federated States of peaked at 0.4143 in 2019 and was at its lowest, 0.0211, in 1970.
That places Micronesia, Federated States of 189th out of 194 countries with data for 2019, putting it in the bottom quarter.
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, Federated States of, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0211 | — |
| 1971 | 0.0231 | +9.5% |
| 1972 | 0.0266 | +15.2% |
| 1973 | 0.0369 | +38.7% |
| 1974 | 0.0489 | +32.4% |
| 1975 | 0.0489 | +0.1% |
| 1976 | 0.0496 | +1.5% |
| 1977 | 0.0502 | +1.1% |
| 1978 | 0.0569 | +13.4% |
| 1979 | 0.0639 | +12.3% |
| 1980 | 0.0681 | +6.5% |
| 1981 | 0.0811 | +19.1% |
| 1982 | 0.0849 | +4.7% |
| 1983 | 0.0892 | +5.1% |
| 1984 | 0.0898 | +0.7% |
| 1985 | 0.1081 | +20.4% |
| 1986 | 0.119 | +10.1% |
| 1987 | 0.1242 | +4.4% |
| 1988 | 0.1373 | +10.5% |
| 1989 | 0.1445 | +5.2% |
| 1990 | 0.1579 | +9.3% |
| 1991 | 0.1759 | +11.4% |
| 1992 | 0.1891 | +7.5% |
| 1993 | 0.2066 | +9.3% |
| 1994 | 0.2137 | +3.4% |
| 1995 | 0.2219 | +3.8% |
| 1996 | 0.2187 | -1.4% |
| 1997 | 0.2067 | -5.5% |
| 1998 | 0.2196 | +6.2% |
| 1999 | 0.2206 | +0.5% |
| 2000 | 0.2332 | +5.7% |
| 2001 | 0.2399 | +2.9% |
| 2002 | 0.2415 | +0.7% |
| 2003 | 0.2449 | +1.4% |
| 2004 | 0.2406 | -1.8% |
| 2005 | 0.2506 | +4.2% |
| 2006 | 0.2534 | +1.1% |
| 2007 | 0.2568 | +1.4% |
| 2008 | 0.2632 | +2.5% |
| 2009 | 0.2803 | +6.5% |
| 2010 | 0.2969 | +5.9% |
| 2011 | 0.3113 | +4.9% |
| 2012 | 0.3273 | +5.1% |
| 2013 | 0.3172 | -3.1% |
| 2014 | 0.3193 | +0.7% |
| 2015 | 0.3165 | -0.9% |
| 2016 | 0.3323 | +5.0% |
| 2017 | 0.3667 | +10.4% |
| 2018 | 0.4019 | +9.6% |
| 2019 | 0.4143 | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0426 | 0.0211 | 0.0639 | 10 |
| 1980s | 0.1046 | 0.0681 | 0.1445 | 10 |
| 1990s | 0.2031 | 0.1579 | 0.2219 | 10 |
| 2000s | 0.2504 | 0.2332 | 0.2803 | 10 |
| 2010s | 0.3404 | 0.2969 | 0.4143 | 10 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added (constant 2015 US$) 169.45 constant 2015 US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.6526 current US$ per US$ of GDP (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)
- Exports of goods and services (current LCU), per capita 976.4 current LCU per person (2025)
- Industry (including construction), value added (constant LCU), annual 19.1 % change on previous year (2025)
- Industry (including construction), value added (current LCU), annual 12.46 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.0528 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 232.87 current LCU per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Micronesia, Federated States of?
- Gross domestic product (gdp), current prices, domestic currency in Micronesia, Federated States of was 0.4143 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Micronesia, Federated States of?
- The highest recorded value was 0.4143 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Micronesia, Federated States of?
- The lowest recorded value was 0.0211 in 1970.
- How does Micronesia, Federated States of rank for gross domestic product (gdp), current prices, domestic currency?
- Micronesia, Federated States of ranks 189th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is volatile.
- 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), Current prices, Domestic currency. 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.