Trade in services (% of GDP) in Micronesia (country)
Micronesia (country): Trade in services (% of GDP) was 36.4% in 2014. ▼ Falling
Trade in services in Micronesia (country), 2009–2014
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Micronesia (country) is 36.4%, measured in 2014.
That represents a change of down 0.2% on the previous year and down 15.1% over ten years.
Micronesia (country) ranks 53rd of 200 countries on this measure, in the middle of the range.
Trade in services (% of GDP) in Micronesia (country), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 42.8% | — |
| 2010 | 39.6% | -7.6% |
| 2011 | 36.1% | -8.8% |
| 2012 | 35.4% | -1.8% |
| 2013 | 36.4% | +2.9% |
| 2014 | 36.4% | -0.2% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 36.4% is above the median for upper middle income countries, which is 26.5%, 1.4× the median. (57 countries reporting)
- Micronesia (country)'s 36.4% is above the median for East Asia & Pacific, which is 26.5%, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.8% | 42.8% | 42.8% | 1 |
| 2010s | 36.8% | 35.4% | 39.6% | 5 |
Countries ranked near Micronesia (country)
- 50 Kyrgyzstan 37.1% compare
- 51 Iceland 36.8% compare
- 52 South Sudan 36.7%
- 54 Armenia 35.4% compare
- 55 Sao Tome and Principe 35.3% compare
- 56 Austria 35.2% compare
More economy & growth data for Micronesia (country)
- IMF holdings of currency, US dollar, per unit of GDP 0.0182 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- IMF holdings of currency, SDR, per capita 58.72 units per person (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0133 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, US dollar, per capita 80.41 units per person (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3511 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Micronesia (country)?
- Trade in services in Micronesia (country) was 36.4% in 2014, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Micronesia (country)?
- The highest recorded value was 42.8% in 2009.
- What is the lowest trade in services recorded in Micronesia (country)?
- The lowest recorded value was 35.4% in 2012.
- How does Micronesia (country) rank for trade in services?
- Micronesia (country) ranks 53rd out of 200 countries with data for 2014.
- Is trade in services rising or falling in Micronesia (country)?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.