Gross Domestic Product — Value US$ per capita in Micronesia
Micronesia: Gross Domestic Product — Value US$ per capita was 5,055 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Micronesia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross domestic product — value us$ per capita in Micronesia stood at 5,055 USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 41.3% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Micronesia peaked at 5,055 USD in 2024 and was at its lowest, 553.47 USD, in 1970.
That places Micronesia 7th out of 20 regions 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, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 553.47 USD | — |
| 1971 | 563.29 USD | +1.8% |
| 1972 | 641.44 USD | +13.9% |
| 1973 | 920.82 USD | +43.6% |
| 1974 | 1,286 USD | +39.7% |
| 1975 | 1,321 USD | +2.7% |
| 1976 | 1,085 USD | -17.9% |
| 1977 | 1,022 USD | -5.8% |
| 1978 | 1,116 USD | +9.2% |
| 1979 | 1,074 USD | -3.8% |
| 1980 | 1,091 USD | +1.6% |
| 1981 | 1,143 USD | +4.7% |
| 1982 | 1,057 USD | -7.5% |
| 1983 | 990.93 USD | -6.2% |
| 1984 | 1,012 USD | +2.1% |
| 1985 | 788.43 USD | -22.1% |
| 1986 | 772.54 USD | -2.0% |
| 1987 | 846.92 USD | +9.6% |
| 1988 | 1,010 USD | +19.2% |
| 1989 | 1,008 USD | -0.1% |
| 1990 | 1,015 USD | +0.7% |
| 1991 | 1,730 USD | +70.4% |
| 1992 | 1,880 USD | +8.7% |
| 1993 | 1,889 USD | +0.5% |
| 1994 | 1,972 USD | +4.4% |
| 1995 | 2,100 USD | +6.5% |
| 1996 | 2,156 USD | +2.7% |
| 1997 | 2,092 USD | -3.0% |
| 1998 | 2,100 USD | +0.4% |
| 1999 | 2,082 USD | -0.9% |
| 2000 | 2,111 USD | +1.4% |
| 2001 | 2,134 USD | +1.1% |
| 2002 | 2,201 USD | +3.2% |
| 2003 | 2,273 USD | +3.3% |
| 2004 | 2,342 USD | +3.0% |
| 2005 | 2,449 USD | +4.6% |
| 2006 | 2,473 USD | +1.0% |
| 2007 | 2,600 USD | +5.1% |
| 2008 | 2,705 USD | +4.0% |
| 2009 | 2,741 USD | +1.3% |
| 2010 | 2,916 USD | +6.4% |
| 2011 | 3,220 USD | +10.4% |
| 2012 | 3,496 USD | +8.6% |
| 2013 | 3,481 USD | -0.4% |
| 2014 | 3,579 USD | +2.8% |
| 2015 | 3,550 USD | -0.8% |
| 2016 | 3,768 USD | +6.2% |
| 2017 | 3,957 USD | +5.0% |
| 2018 | 4,161 USD | +5.1% |
| 2019 | 4,115 USD | -1.1% |
| 2020 | 4,016 USD | -2.4% |
| 2021 | 4,422 USD | +10.1% |
| 2022 | 4,450 USD | +0.6% |
| 2023 | 4,708 USD | +5.8% |
| 2024 | 5,055 USD | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 958.43 USD | 553.47 USD | 1,321 USD | 10 |
| 1980s | 971.93 USD | 772.54 USD | 1,143 USD | 10 |
| 1990s | 1,902 USD | 1,015 USD | 2,156 USD | 10 |
| 2000s | 2,403 USD | 2,111 USD | 2,741 USD | 10 |
| 2010s | 3,624 USD | 2,916 USD | 4,161 USD | 10 |
| 2020s | 4,530 USD | 4,016 USD | 5,055 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 Fixed Capital Formation — Share of GDP US$, 2015 prices 29.33 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,796 USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.39 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.96 % (2024)
- Gross Domestic Product — Annual growth US$ 7.82 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Micronesia?
- Gross domestic product — value us$ per capita in Micronesia was 5,055 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?
- The highest recorded value was 5,055 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Micronesia?
- The lowest recorded value was 553.47 USD in 1970.
- How does Micronesia rank for gross domestic product — value us$ per capita?
- Micronesia ranks 7th out of 20 regions with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Micronesia?
- Over the last ten years it is up 41.3%. 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 Gross Domestic Product — Value US$ per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).