Trade in services in Micronesia, Federated States of
Micronesia, Federated States of: Trade in services was 36.4% in 2014. ▼ Falling
Trade in services in Micronesia, Federated States of, 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, Federated States of 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, Federated States of ranks 54th of 200 countries on this measure, in the middle of the range.
Trade in services in Micronesia, Federated States of, 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% |
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, Federated States of
More economy & growth data for Micronesia, Federated States of
- 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), per capita 4,023 current LCU per person (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9114 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 232.87 current US$ 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 (current LCU), annual 12.46 % change on previous year (2025)
- GDP deflator (base year varies by country), annual growth rate 3.2 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.8408 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9114 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Micronesia, Federated States of?
- Trade in services in Micronesia, Federated States of 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, Federated States of?
- The highest recorded value was 42.8% in 2009.
- What is the lowest trade in services recorded in Micronesia, Federated States of?
- The lowest recorded value was 35.4% in 2012.
- How does Micronesia, Federated States of rank for trade in services?
- Micronesia, Federated States of ranks 54th out of 200 countries with data for 2014.
- Is trade in services rising or falling in Micronesia, Federated States of?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
- Where does this Micronesia, Federated States of 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.