Net trade in goods in Micronesia (country)
Micronesia (country): Net trade in goods was -66.36 million BoP, current US$ in 2014. ▲ Rising
Net trade in goods in Micronesia (country), 2009–2014
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Micronesia (country) recorded -66.36 million BoP, current US$ for net trade in goods in 2014. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 23.2% on the previous year and up 38.8% over ten years.
That places Micronesia (country) 69th out of 198 countries with data for 2014, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -108.39 million BoP, current US$ | -108.39 million BoP, current US$ | -108.39 million BoP, current US$ | 1 |
| 2010s | -94.15 million BoP, current US$ | -115.76 million BoP, current US$ | -66.36 million BoP, current US$ | 5 |
Countries ranked near Micronesia (country)
- 66 Central African Republic 15.31 million BoP, current US$ compare
- 67 Mali -11.98 million BoP, current US$ compare
- 68 Tuvalu -34.82 million BoP, current US$ compare
- 70 Nauru -67.12 million BoP, current US$ compare
- 71 Marshall Islands -71.59 million BoP, current US$ compare
- 72 Chad -76.76 million BoP, current US$ compare
More economy & growth data for Micronesia (country)
- External balance on goods and services as a percent of GDP -48.8% (2025)
- Inflation of consumer prices 5.4% (2022)
- GDP per capita 3,020 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 0.5% (2025)
- Gross domestic product (GDP) 343.29 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,020 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 212.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 212.70 million current US$ (2025)
- Taxes less subsidies on products 44.46 million current LCU (2025)
Frequently asked questions
- What is net trade in goods in Micronesia (country)?
- Net trade in goods in Micronesia (country) was -66.36 million BoP, current US$ in 2014, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Micronesia (country)?
- The highest recorded value was -66.36 million BoP, current US$ in 2014.
- What is the lowest net trade in goods recorded in Micronesia (country)?
- The lowest recorded value was -115.76 million BoP, current US$ in 2011.
- How does Micronesia (country) rank for net trade in goods?
- Micronesia (country) ranks 69th out of 198 countries with data for 2014.
- Is net trade in goods rising or falling in Micronesia (country)?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.