Real gdp growth in Micronesia (country)
Micronesia (country): Real gdp growth was 2.29 in 2024. ◆ Volatile
Latest (2024)
2.29
Change on year
up 101.7%
World rank
137th
of 196 countries
All-time high
4.51
in 2015
All-time low
-6.25
in 1997
Years of data
29
1996–2024
Real gdp growth in Micronesia (country), 1996–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Micronesia (country) is 2.29, measured in 2024.
The figure is up 101.7% on the previous year and up 188.7% over ten years.
Over the whole period, real gdp growth in Micronesia (country) peaked at 4.51 in 2015 and was at its lowest, -6.25, in 1997.
Micronesia (country) ranks 137th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.39 | -6.25 | 2.92 | 4 |
| 2000s | 0.3835 | -3.22 | 4.31 | 10 |
| 2010s | 0.9508 | -3.66 | 4.51 | 10 |
| 2020s | 0.2886 | -3.11 | 3.1 | 5 |
Countries ranked near Micronesia (country)
More economy & growth data for Micronesia (country)
- External balance on goods and services as a percent of gdp -48.82 (2025)
- Inflation of consumer prices 5.41 (2022)
- Gdp per capita worldbank constant usd 3,020 (2025)
- Manufacturing value added to gdp 0.4807 (2025)
- Gdp worldbank constant usd 343.29 million (2025)
- Gdp per capita in international and market dollars 3,020 (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 real gdp growth in Micronesia (country)?
- Real gdp growth in Micronesia (country) was 2.29 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Micronesia (country)?
- The highest recorded value was 4.51 in 2015.
- What is the lowest real gdp growth recorded in Micronesia (country)?
- The lowest recorded value was -6.25 in 1997.
- How does Micronesia (country) rank for real gdp growth?
- Micronesia (country) ranks 137th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Micronesia (country)?
- Over the last ten years it is up 188.7%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).