Inflation of consumer prices in Micronesia, Federated States of
Micronesia, Federated States of: Inflation of consumer prices was 5.41 in 2022. ◆ Volatile
Inflation of consumer prices in Micronesia, Federated States of, 2000–2022
Source: Our World in Data.
Analysis
Micronesia, Federated States of recorded 5.41 for inflation of consumer prices in 2022.
The figure is up 69.5% on the previous year and up 7.8% over ten years.
Over the whole period, inflation of consumer prices in Micronesia, Federated States of peaked at 8.42 in 2008 and was at its lowest, -1.04, in 2016.
That places Micronesia, Federated States of 45th out of 190 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 of consumer prices in Micronesia, Federated States of, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.16 | — |
| 2001 | 0.5025 | -76.7% |
| 2002 | -0.1114 | -122.2% |
| 2003 | 0.1266 | -213.6% |
| 2004 | 2.28 | +1697.7% |
| 2005 | 4.26 | +87.0% |
| 2006 | 4.64 | +8.9% |
| 2007 | 3.31 | -28.7% |
| 2008 | 8.42 | +154.8% |
| 2009 | 6.39 | -24.1% |
| 2010 | 3.31 | -48.2% |
| 2011 | 5.08 | +53.4% |
| 2012 | 5.02 | -1.3% |
| 2013 | 1.75 | -65.1% |
| 2014 | 0.6503 | -62.9% |
| 2015 | -0.2981 | -145.8% |
| 2016 | -1.04 | +248.0% |
| 2017 | 0.5823 | -156.1% |
| 2018 | 1.5 | +157.3% |
| 2019 | 1.92 | +28.4% |
| 2020 | 0.5546 | -71.2% |
| 2021 | 3.19 | +475.4% |
| 2022 | 5.41 | +69.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2 | -0.1114 | 8.42 | 10 |
| 2010s | 1.85 | -1.04 | 5.08 | 10 |
| 2020s | 3.05 | 0.5546 | 5.41 | 3 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added 11.00 million constant LCU (2025)
- Manufacturing, value added 1.34 million constant LCU (2025)
- Manufacturing, value added 0.5% (2025)
- Industry (including construction), value added 26.47 million current US$ (2025)
- Industry (including construction), value added 26.47 million current LCU (2025)
- Industry (including construction), value added 19.26 million constant 2015 US$ (2025)
- Industry (including construction), value added 19.1% (2025)
- Services, value added 327.49 million current LCU (2025)
- Services, value added -1.6% (2025)
- Services, value added 222.02 million constant 2015 US$ (2025)
Frequently asked questions
- What is inflation of consumer prices in Micronesia, Federated States of?
- Inflation of consumer prices in Micronesia, Federated States of was 5.41 in 2022, according to Our World in Data.
- What is the highest inflation of consumer prices recorded in Micronesia, Federated States of?
- The highest recorded value was 8.42 in 2008.
- What is the lowest inflation of consumer prices recorded in Micronesia, Federated States of?
- The lowest recorded value was -1.04 in 2016.
- How does Micronesia, Federated States of rank for inflation of consumer prices?
- Micronesia, Federated States of ranks 45th out of 190 countries with data for 2022.
- Is inflation of consumer prices rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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