Inflation, consumer prices (annual %) (International Financial) in Micronesia (country)
Micronesia (country): Inflation, consumer prices (annual %) (International Financial) was 5.4% in 2022. ◆ Volatile
Inflation, consumer prices in Micronesia (country), 2000–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for inflation, consumer prices in Micronesia (country) is 5.4%, measured in 2022.
That represents a change of up 69.5% on the previous year and up 7.8% over ten years.
Over the whole period, inflation, consumer prices in Micronesia (country) peaked at 8.4% in 2008 and was at its lowest, -1.0%, in 2016.
That places Micronesia (country) 45th out of 192 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices (annual %) (International Financial) in Micronesia (country), year by year
| Year | annual % | Change |
|---|---|---|
| 2000 | 2.2% | — |
| 2001 | 0.5% | -76.7% |
| 2002 | -0.1% | -122.2% |
| 2003 | 0.1% | -213.6% |
| 2004 | 2.3% | +1697.7% |
| 2005 | 4.3% | +87.0% |
| 2006 | 4.6% | +8.9% |
| 2007 | 3.3% | -28.7% |
| 2008 | 8.4% | +154.8% |
| 2009 | 6.4% | -24.1% |
| 2010 | 3.3% | -48.2% |
| 2011 | 5.1% | +53.4% |
| 2012 | 5.0% | -1.3% |
| 2013 | 1.8% | -65.1% |
| 2014 | 0.7% | -62.9% |
| 2015 | -0.3% | -145.8% |
| 2016 | -1.0% | +248.0% |
| 2017 | 0.6% | -156.1% |
| 2018 | 1.5% | +157.3% |
| 2019 | 1.9% | +28.4% |
| 2020 | 0.6% | -71.2% |
| 2021 | 3.2% | +475.4% |
| 2022 | 5.4% | +69.5% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 5.4% is above the median for upper middle income countries, which is 3.3%, 1.6× the median. (55 countries reporting)
- Micronesia (country)'s 5.4% is above the median for East Asia & Pacific, which is 2.1%, 2.5× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Inflation, consumer prices (annual %) (International Financial) in Micronesia (country) 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 |
|---|---|---|---|
| 2004 | +1697.7% | 0.1% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | -0.1% | 8.4% | 10 |
| 2010s | 1.8% | -1.0% | 5.1% | 10 |
| 2020s | 3.1% | 0.6% | 5.4% | 3 |
Countries ranked near Micronesia (country)
More economy & growth data for Micronesia (country)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, SDR, per capita 58.72 units per person (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0133 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, US dollar, per capita 80.41 units per person (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0182 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0255 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Micronesia (country)?
- Inflation, consumer prices in Micronesia (country) was 5.4% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Micronesia (country)?
- The highest recorded value was 8.4% in 2008.
- What is the lowest inflation, consumer prices recorded in Micronesia (country)?
- The lowest recorded value was -1.0% in 2016.
- How does Micronesia (country) rank for inflation, consumer prices?
- Micronesia (country) ranks 45th out of 192 countries with data for 2022.
- Is inflation, consumer prices rising or falling in Micronesia (country)?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.