Gross National Income — Value US$, annual growth rate in Micronesia (Federated States of)
Micronesia (Federated States of): Gross National Income — Value US$, annual growth rate was 5.49 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Micronesia (Federated States of), 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Micronesia (Federated States of) is 5.49 % change on previous year, measured in 2023.
That represents a change of down 43.5% on the previous year and up 19,086.1% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Micronesia (Federated States of) peaked at 38.69 % change on previous year in 1973 and was at its lowest, -8.62 % change on previous year, in 1997.
Micronesia (Federated States of) ranks 139th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Micronesia (Federated States of), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.55 % change on previous year | — |
| 1972 | 15.26 % change on previous year | +59.9% |
| 1973 | 38.69 % change on previous year | +153.5% |
| 1974 | 32.33 % change on previous year | -16.4% |
| 1975 | 0.0544 % change on previous year | -99.8% |
| 1976 | 1.57 % change on previous year | +2782.1% |
| 1977 | 1.19 % change on previous year | -23.9% |
| 1978 | 13.07 % change on previous year | +995.7% |
| 1979 | 12.27 % change on previous year | -6.1% |
| 1980 | 6.68 % change on previous year | -45.5% |
| 1981 | 19.57 % change on previous year | +192.9% |
| 1982 | 5.23 % change on previous year | -73.3% |
| 1983 | 2.37 % change on previous year | -54.7% |
| 1984 | 1.98 % change on previous year | -16.3% |
| 1985 | 21.94 % change on previous year | +1007.4% |
| 1986 | 11.51 % change on previous year | -47.5% |
| 1987 | 5.73 % change on previous year | -50.3% |
| 1988 | 11.98 % change on previous year | +109.3% |
| 1989 | 6.61 % change on previous year | -44.8% |
| 1990 | 10.69 % change on previous year | +61.7% |
| 1991 | 9.72 % change on previous year | -9.1% |
| 1992 | 4.07 % change on previous year | -58.1% |
| 1993 | 5.7 % change on previous year | +40.1% |
| 1994 | 2.43 % change on previous year | -57.4% |
| 1995 | 4.58 % change on previous year | +88.5% |
| 1996 | -1.7 % change on previous year | -137.2% |
| 1997 | -8.62 % change on previous year | +406.3% |
| 1998 | 5.27 % change on previous year | -161.1% |
| 1999 | 2.82 % change on previous year | -46.4% |
| 2000 | 5.66 % change on previous year | +100.6% |
| 2001 | 2.38 % change on previous year | -58.0% |
| 2002 | 0.3123 % change on previous year | -86.9% |
| 2003 | 1.2 % change on previous year | +284.6% |
| 2004 | -0.5095 % change on previous year | -142.4% |
| 2005 | 4.69 % change on previous year | -1019.8% |
| 2006 | 1.13 % change on previous year | -75.9% |
| 2007 | 2 % change on previous year | +77.3% |
| 2008 | 1.21 % change on previous year | -39.7% |
| 2009 | 9.76 % change on previous year | +709.4% |
| 2010 | 3.62 % change on previous year | -62.9% |
| 2011 | 4.34 % change on previous year | +19.8% |
| 2012 | 6.78 % change on previous year | +56.2% |
| 2013 | 0.0286 % change on previous year | -99.6% |
| 2014 | 0.5678 % change on previous year | +1885.1% |
| 2015 | 9.05 % change on previous year | +1494.1% |
| 2016 | 1.03 % change on previous year | -88.6% |
| 2017 | 7.68 % change on previous year | +643.1% |
| 2018 | -1.62 % change on previous year | -121.1% |
| 2019 | 9.93 % change on previous year | -713.0% |
| 2020 | -4.83 % change on previous year | -148.7% |
| 2021 | 3.53 % change on previous year | -173.0% |
| 2022 | 9.72 % change on previous year | +175.2% |
| 2023 | 5.49 % change on previous year | -43.5% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Micronesia (Federated States of) 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 |
|---|---|---|---|
| 1976 | +2782.1% | 0.0544 % change on previous year | 1.57 % change on previous year |
| 2014 | +1885.1% | 0.0286 % change on previous year | 0.5678 % change on previous year |
| 2015 | +1494.1% | 0.5678 % change on previous year | 9.05 % change on previous year |
| 2005 | +1019.8% | -0.5095 % change on previous year | 4.69 % change on previous year |
| 1985 | +1007.4% | 1.98 % change on previous year | 21.94 % change on previous year |
| 1978 | +995.7% | 1.19 % change on previous year | 13.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.78 % change on previous year | 0.0544 % change on previous year | 38.69 % change on previous year | 9 |
| 1980s | 9.36 % change on previous year | 1.98 % change on previous year | 21.94 % change on previous year | 10 |
| 1990s | 3.5 % change on previous year | -8.62 % change on previous year | 10.69 % change on previous year | 10 |
| 2000s | 2.78 % change on previous year | -0.5095 % change on previous year | 9.76 % change on previous year | 10 |
| 2010s | 4.14 % change on previous year | -1.62 % change on previous year | 9.93 % change on previous year | 10 |
| 2020s | 3.48 % change on previous year | -4.83 % change on previous year | 9.72 % change on previous year | 4 |
Countries ranked near Micronesia (Federated States of)
- 136 South Sudan 5.93 % change on previous year compare
- 137 Venezuela (Bolivarian Republic of) 5.8 % change on previous year compare
- 138 Haiti 5.71 % change on previous year compare
- 140 New Caledonia 5.37 % change on previous year compare
- 141 Solomon Islands 5.32 % change on previous year compare
- 142 Ethiopia PDR 5.28 % change on previous year compare
More economy & growth data for Micronesia (Federated States of)
- Gross Domestic Product — Annual growth Standard Local Currency 6.2 % (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 — Annual growth Standard Local Currency, 2015 0.7191 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 338.76 million SLC (2024)
- Gross Domestic Product — Value US$ 488.5 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,317 USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 140.24 million SLC (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Micronesia (Federated States of)?
- Gross national income — value us$, annual growth rate in Micronesia (Federated States of) was 5.49 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Micronesia (Federated States of)?
- The highest recorded value was 38.69 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Micronesia (Federated States of)?
- The lowest recorded value was -8.62 % change on previous year in 1997.
- How does Micronesia (Federated States of) rank for gross national income — value us$, annual growth rate?
- Micronesia (Federated States of) ranks 139th out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 19,086.1%. The long-run trend across the full record is volatile.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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 National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.