Personal remittances, received in Micronesia, Federated States of
Micronesia, Federated States of: Personal remittances, received was 7.4% in 2014. ▲ Rising
Personal remittances, received in Micronesia, Federated States of, 2009–2014
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Micronesia, Federated States of is 7.4%, measured in 2014. That is the highest value across all 6 years on record.
The figure is up 5.2% on the previous year and up 17.9% over ten years.
That places Micronesia, Federated States of 45th out of 195 countries with data for 2014, putting it in the top quarter.
Personal remittances, received in Micronesia, Federated States of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 6.3% | — |
| 2010 | 6.2% | -1.2% |
| 2011 | 6.3% | +1.9% |
| 2012 | 6.4% | +1.8% |
| 2013 | 7.0% | +9.4% |
| 2014 | 7.4% | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 6.3% | 6.3% | 1 |
| 2010s | 6.7% | 6.2% | 7.4% | 5 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.8405 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,023 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.05 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0384 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9114 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 4,023 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.8408 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6169 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,723 constant 2015 US$ per person (2025)
- GDP (current US$), per capita 4,414 current US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in Micronesia, Federated States of?
- Personal remittances, received in Micronesia, Federated States of was 7.4% in 2014, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Micronesia, Federated States of?
- The highest recorded value was 7.4% in 2014.
- What is the lowest personal remittances, received recorded in Micronesia, Federated States of?
- The lowest recorded value was 6.2% in 2010.
- How does Micronesia, Federated States of rank for personal remittances, received?
- Micronesia, Federated States of ranks 45th out of 195 countries with data for 2014.
- Is personal remittances, received rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.