Gross Domestic Product — Value US$ per capita in Micronesia (Federated States of)
Micronesia (Federated States of): Gross Domestic Product — Value US$ per capita was 4,317 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Micronesia (Federated States of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita in Micronesia (Federated States of) is 4,317 USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 46.6% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Micronesia (Federated States of) peaked at 4,317 USD in 2024 and was at its lowest, 357.92 USD, in 1970.
That places Micronesia (Federated States of) 10th out of 20 countries with data for 2024, putting it 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 — Value US$ per capita in Micronesia (Federated States of), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 357.92 USD | — |
| 1971 | 380.98 USD | +6.4% |
| 1972 | 427.44 USD | +12.2% |
| 1973 | 577.13 USD | +35.0% |
| 1974 | 743.51 USD | +28.8% |
| 1975 | 725.36 USD | -2.4% |
| 1976 | 719 USD | -0.9% |
| 1977 | 709.06 USD | -1.4% |
| 1978 | 782.13 USD | +10.3% |
| 1979 | 851.62 USD | +8.9% |
| 1980 | 879.39 USD | +3.3% |
| 1981 | 1,016 USD | +15.6% |
| 1982 | 1,033 USD | +1.6% |
| 1983 | 1,053 USD | +2.0% |
| 1984 | 1,030 USD | -2.2% |
| 1985 | 1,205 USD | +17.0% |
| 1986 | 1,290 USD | +7.0% |
| 1987 | 1,310 USD | +1.5% |
| 1988 | 1,414 USD | +8.0% |
| 1989 | 1,460 USD | +3.2% |
| 1990 | 1,565 USD | +7.2% |
| 1991 | 1,712 USD | +9.4% |
| 1992 | 1,804 USD | +5.4% |
| 1993 | 1,930 USD | +6.9% |
| 1994 | 1,959 USD | +1.5% |
| 1995 | 2,013 USD | +2.7% |
| 1996 | 1,976 USD | -1.8% |
| 1997 | 1,861 USD | -5.8% |
| 1998 | 1,971 USD | +5.9% |
| 1999 | 1,975 USD | +0.2% |
| 2000 | 2,081 USD | +5.4% |
| 2001 | 2,135 USD | +2.6% |
| 2002 | 2,147 USD | +0.6% |
| 2003 | 2,181 USD | +1.6% |
| 2004 | 2,149 USD | -1.5% |
| 2005 | 2,250 USD | +4.7% |
| 2006 | 2,288 USD | +1.7% |
| 2007 | 2,337 USD | +2.1% |
| 2008 | 2,416 USD | +3.4% |
| 2009 | 2,596 USD | +7.5% |
| 2010 | 2,761 USD | +6.4% |
| 2011 | 2,890 USD | +4.7% |
| 2012 | 3,033 USD | +4.9% |
| 2013 | 2,934 USD | -3.3% |
| 2014 | 2,945 USD | +0.4% |
| 2015 | 2,911 USD | -1.2% |
| 2016 | 2,980 USD | +2.4% |
| 2017 | 3,279 USD | +10.1% |
| 2018 | 3,567 USD | +8.8% |
| 2019 | 3,573 USD | +0.2% |
| 2020 | 3,354 USD | -6.1% |
| 2021 | 3,494 USD | +4.2% |
| 2022 | 3,835 USD | +9.8% |
| 2023 | 4,084 USD | +6.5% |
| 2024 | 4,317 USD | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 627.42 USD | 357.92 USD | 851.62 USD | 10 |
| 1980s | 1,169 USD | 879.39 USD | 1,460 USD | 10 |
| 1990s | 1,877 USD | 1,565 USD | 2,013 USD | 10 |
| 2000s | 2,258 USD | 2,081 USD | 2,596 USD | 10 |
| 2010s | 3,087 USD | 2,761 USD | 3,573 USD | 10 |
| 2020s | 3,817 USD | 3,354 USD | 4,317 USD | 5 |
Countries ranked near Micronesia (Federated States of)
- 7 Cayman Islands 101,422 USD compare
- 7 Micronesia 5,055 USD compare
- 8 Iran (Islamic Republic of) 4,848 USD compare
- 8 Singapore 93,108 USD compare
- 9 Norway 87,166 USD compare
- 9 Viet Nam 4,509 USD compare
- 10 Iceland 84,718 USD compare
- 11 Denmark 71,847 USD compare
- 11 Melanesia 4,008 USD compare
- 12 Bolivia (Plurinational State of) 4,001 USD compare
- 12 Qatar 71,405 USD compare
- 13 China, Macao SAR 69,679 USD compare
- 13 Lao People's Democratic Republic 1,874 USD compare
More economy & growth data for Micronesia (Federated States of)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.7191 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 140.24 million SLC (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 — Value US$ per capita, 2015 prices 2,994 USD (2024)
- Gross Domestic Product — Value US$ 488.5 million USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 338.76 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 140.24 million USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Micronesia (Federated States of)?
- Gross domestic product — value us$ per capita in Micronesia (Federated States of) was 4,317 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Micronesia (Federated States of)?
- The highest recorded value was 4,317 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Micronesia (Federated States of)?
- The lowest recorded value was 357.92 USD in 1970.
- How does Micronesia (Federated States of) rank for gross domestic product — value us$ per capita?
- Micronesia (Federated States of) ranks 10th out of 20 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 46.6%. The long-run trend across the full record is volatile.
- 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 Gross Domestic Product — Value US$ per capita. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).