Real gdp growth, annual growth rate in Micronesia, Federated States of
Micronesia, Federated States of: Real gdp growth, annual growth rate was 101.67 % change on previous year in 2024. ◆ Volatile
Real gdp growth, annual growth rate in Micronesia, Federated States of, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Micronesia, Federated States of recorded 101.67 % change on previous year for real gdp growth, annual growth rate in 2024.
That represents a change of down 25.5% on the previous year and up 246.6% over ten years.
Over the whole period, real gdp growth, annual growth rate in Micronesia, Federated States of peaked at 580.77 % change on previous year in 2019 and was at its lowest, -537.64 % change on previous year, in 2007.
Micronesia, Federated States of ranks 32nd of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth, annual growth rate in Micronesia, Federated States of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | -86.54 % change on previous year | — |
| 1998 | 146.78 % change on previous year | -269.6% |
| 1999 | -61.92 % change on previous year | -142.2% |
| 2000 | 286.88 % change on previous year | -563.3% |
| 2001 | -51.37 % change on previous year | -117.9% |
| 2002 | -87.58 % change on previous year | +70.5% |
| 2003 | 496.54 % change on previous year | -666.9% |
| 2004 | -307.8 % change on previous year | -162.0% |
| 2005 | 173.78 % change on previous year | -156.5% |
| 2006 | -111.4 % change on previous year | -164.1% |
| 2007 | -537.64 % change on previous year | +382.6% |
| 2008 | -50.52 % change on previous year | -90.6% |
| 2009 | 141.1 % change on previous year | -379.3% |
| 2010 | 91.21 % change on previous year | -35.4% |
| 2011 | 84.69 % change on previous year | -7.1% |
| 2012 | -144.24 % change on previous year | -270.3% |
| 2013 | -119.22 % change on previous year | -17.3% |
| 2014 | 29.34 % change on previous year | -124.6% |
| 2015 | 274.3 % change on previous year | +835.0% |
| 2016 | -78.15 % change on previous year | -128.5% |
| 2017 | 129.04 % change on previous year | -265.1% |
| 2018 | -78.1 % change on previous year | -160.5% |
| 2019 | 580.77 % change on previous year | -843.6% |
| 2020 | -158.76 % change on previous year | -127.3% |
| 2021 | 256.88 % change on previous year | -261.8% |
| 2022 | -200.45 % change on previous year | -178.0% |
| 2023 | 136.54 % change on previous year | -168.1% |
| 2024 | 101.67 % change on previous year | -25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.5617 % change on previous year | -86.54 % change on previous year | 146.78 % change on previous year | 3 |
| 2000s | -4.8 % change on previous year | -537.64 % change on previous year | 496.54 % change on previous year | 10 |
| 2010s | 76.96 % change on previous year | -144.24 % change on previous year | 580.77 % change on previous year | 10 |
| 2020s | 27.18 % change on previous year | -200.45 % change on previous year | 256.88 % change on previous year | 5 |
Countries ranked near Micronesia, Federated States of
- 29 South Africa 108.41 % change on previous year compare
- 30 Lebanon 107.77 % change on previous year compare
- 31 Czechia 103.68 % change on previous year compare
- 33 Australia 96.31 % change on previous year compare
- 34 Latvia 96.07 % change on previous year compare
- 35 Ghana 86.92 % change on previous year compare
More economy & growth data for Micronesia, Federated States of
- SDR Allocation, SDR, per capita 102.98 units per person (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0133 units per US$ of GDP (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 141.04 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0233 units per US$ of GDP (2025)
- IMF Quota, SDR, per unit of GDP 0.0143 units per US$ of GDP (2025)
- IMF Quota, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real gdp growth, annual growth rate in Micronesia, Federated States of?
- Real gdp growth, annual growth rate in Micronesia, Federated States of was 101.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest real gdp growth, annual growth rate recorded in Micronesia, Federated States of?
- The highest recorded value was 580.77 % change on previous year in 2019.
- What is the lowest real gdp growth, annual growth rate recorded in Micronesia, Federated States of?
- The lowest recorded value was -537.64 % change on previous year in 2007.
- How does Micronesia, Federated States of rank for real gdp growth, annual growth rate?
- Micronesia, Federated States of ranks 32nd out of 196 countries with data for 2024.
- Is real gdp growth, annual growth rate rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 246.6%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 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 Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Real gdp growth Our World in Data
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 Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.