Gross National Income — Value US$, annual growth rate in Micronesia
Micronesia: Gross National Income — Value US$, annual growth rate was 6.95 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Micronesia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Micronesia is 6.95 % change on previous year, measured in 2023.
Compared with earlier readings it is up 146.5% on the previous year and up 231.3% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Micronesia peaked at 35.76 % change on previous year in 1973 and was at its lowest, -7.67 % change on previous year, in 1976.
That places Micronesia 121st out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Micronesia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.1 % change on previous year | — |
| 1972 | 13.7 % change on previous year | +124.4% |
| 1973 | 35.76 % change on previous year | +161.1% |
| 1974 | 34.13 % change on previous year | -4.6% |
| 1975 | 2.15 % change on previous year | -93.7% |
| 1976 | -7.67 % change on previous year | -457.1% |
| 1977 | 0.0684 % change on previous year | -100.9% |
| 1978 | 11.34 % change on previous year | +16492.2% |
| 1979 | 5.97 % change on previous year | -47.3% |
| 1980 | 5.4 % change on previous year | -9.5% |
| 1981 | 13.03 % change on previous year | +141.2% |
| 1982 | 3.01 % change on previous year | -76.9% |
| 1983 | 4.18 % change on previous year | +39.0% |
| 1984 | 5.04 % change on previous year | +20.5% |
| 1985 | 3.13 % change on previous year | -37.9% |
| 1986 | 12.76 % change on previous year | +307.3% |
| 1987 | 9.62 % change on previous year | -24.6% |
| 1988 | 14.34 % change on previous year | +49.1% |
| 1989 | 5.85 % change on previous year | -59.2% |
| 1990 | 8.83 % change on previous year | +50.9% |
| 1991 | 8.98 % change on previous year | +1.8% |
| 1992 | 7.38 % change on previous year | -17.9% |
| 1993 | 2.11 % change on previous year | -71.4% |
| 1994 | 5.56 % change on previous year | +163.1% |
| 1995 | 7 % change on previous year | +26.0% |
| 1996 | 1.64 % change on previous year | -76.6% |
| 1997 | -4.78 % change on previous year | -391.1% |
| 1998 | 1.25 % change on previous year | -126.2% |
| 1999 | 2.49 % change on previous year | +98.4% |
| 2000 | 5.23 % change on previous year | +110.6% |
| 2001 | 8.93 % change on previous year | +70.5% |
| 2002 | 2.73 % change on previous year | -69.4% |
| 2003 | 4.17 % change on previous year | +52.3% |
| 2004 | 4.13 % change on previous year | -0.9% |
| 2005 | 10.48 % change on previous year | +153.8% |
| 2006 | -0.1681 % change on previous year | -101.6% |
| 2007 | 8.04 % change on previous year | -4882.8% |
| 2008 | 3.96 % change on previous year | -50.8% |
| 2009 | 0.056 % change on previous year | -98.6% |
| 2010 | 5.91 % change on previous year | +10447.9% |
| 2011 | 9.38 % change on previous year | +58.8% |
| 2012 | 11.05 % change on previous year | +17.8% |
| 2013 | 2.1 % change on previous year | -81.0% |
| 2014 | 6.08 % change on previous year | +189.9% |
| 2015 | 5.89 % change on previous year | -3.1% |
| 2016 | 2.12 % change on previous year | -64.1% |
| 2017 | 6.83 % change on previous year | +222.9% |
| 2018 | 0.8223 % change on previous year | -88.0% |
| 2019 | 4.22 % change on previous year | +412.7% |
| 2020 | -2.72 % change on previous year | -164.6% |
| 2021 | 9.21 % change on previous year | -438.2% |
| 2022 | 2.82 % change on previous year | -69.4% |
| 2023 | 6.95 % change on previous year | +146.5% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Micronesia 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 |
|---|---|---|---|
| 1978 | +16492.2% | 0.0684 % change on previous year | 11.34 % change on previous year |
| 2010 | +10447.9% | 0.056 % change on previous year | 5.91 % change on previous year |
| 2007 | +4882.8% | -0.1681 % change on previous year | 8.04 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.28 % change on previous year | -7.67 % change on previous year | 35.76 % change on previous year | 9 |
| 1980s | 7.64 % change on previous year | 3.01 % change on previous year | 14.34 % change on previous year | 10 |
| 1990s | 4.05 % change on previous year | -4.78 % change on previous year | 8.98 % change on previous year | 10 |
| 2000s | 4.76 % change on previous year | -0.1681 % change on previous year | 10.48 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | 0.8223 % change on previous year | 11.05 % change on previous year | 10 |
| 2020s | 4.06 % change on previous year | -2.72 % change on previous year | 9.21 % change on previous year | 4 |
Countries ranked near Micronesia
- 118 United Kingdom 7.25 % change on previous year compare
- 118 United Kingdom of Great Britain and Northern Ireland 7.25 % change on previous year compare
- 120 Dominica 7.1 % change on previous year compare
- 122 Sint Maarten (Dutch part) 6.84 % change on previous year compare
- 123 Estonia 6.75 % change on previous year compare
- 124 Curacao 6.71 % change on previous year compare
- 124 Curaçao 6.71 % change on previous year compare
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.1764 Percent per annum (2029)
- Gross Domestic Product — Annual growth US$ per capita 7.38 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 429.08 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.07 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.49 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,796 USD (2024)
- Gross Domestic Product — Value US$ per capita 5,055 USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Micronesia?
- Gross national income — value us$, annual growth rate in Micronesia was 6.95 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Micronesia?
- The highest recorded value was 35.76 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Micronesia?
- The lowest recorded value was -7.67 % change on previous year in 1976.
- How does Micronesia rank for gross national income — value us$, annual growth rate?
- Micronesia ranks 121st out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Micronesia?
- Over the last ten years it is up 231.3%. The long-run trend across the full record is volatile.
- Where does this Micronesia 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.