Value Added Deflator (Manufacturing) — Value Standard Local Currency in Micronesia (Federated States of)
Micronesia (Federated States of): Value Added Deflator (Manufacturing) — Value Standard Local Currency was 110.69 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Micronesia (Federated States of), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Micronesia (Federated States of) recorded 110.69 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 6.1% on the previous year and up 11.5% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Micronesia (Federated States of) peaked at 110.69 SLC in 2023 and was at its lowest, 17.57 SLC, in 1970.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Micronesia (Federated States of), year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 17.57 SLC | — |
| 1971 | 18.82 SLC | +7.1% |
| 1972 | 21.45 SLC | +14.0% |
| 1973 | 22.22 SLC | +3.6% |
| 1974 | 25.51 SLC | +14.8% |
| 1975 | 25.5 SLC | -0.0% |
| 1976 | 25.79 SLC | +1.1% |
| 1977 | 25.45 SLC | -1.3% |
| 1978 | 27.32 SLC | +7.4% |
| 1979 | 30.05 SLC | +10.0% |
| 1980 | 34.49 SLC | +14.8% |
| 1981 | 37.45 SLC | +8.6% |
| 1982 | 40.26 SLC | +7.5% |
| 1983 | 41.49 SLC | +3.1% |
| 1984 | 43.49 SLC | +4.8% |
| 1985 | 44.92 SLC | +3.3% |
| 1986 | 45.79 SLC | +1.9% |
| 1987 | 46.86 SLC | +2.3% |
| 1988 | 48.93 SLC | +4.4% |
| 1989 | 51.04 SLC | +4.3% |
| 1990 | 53.61 SLC | +5.0% |
| 1991 | 56.46 SLC | +5.3% |
| 1992 | 58.2 SLC | +3.1% |
| 1993 | 59.59 SLC | +2.4% |
| 1994 | 61.19 SLC | +2.7% |
| 1995 | 60.16 SLC | -1.7% |
| 1996 | 61.86 SLC | +2.8% |
| 1997 | 63.32 SLC | +2.4% |
| 1998 | 64.54 SLC | +1.9% |
| 1999 | 65.93 SLC | +2.2% |
| 2000 | 67.03 SLC | +1.7% |
| 2001 | 67.49 SLC | +0.7% |
| 2002 | 67.3 SLC | -0.3% |
| 2003 | 67.05 SLC | -0.4% |
| 2004 | 68.14 SLC | +1.6% |
| 2005 | 70.53 SLC | +3.5% |
| 2006 | 72.93 SLC | +3.4% |
| 2007 | 75.05 SLC | +2.9% |
| 2008 | 80 SLC | +6.6% |
| 2009 | 86.08 SLC | +7.6% |
| 2010 | 88.49 SLC | +2.8% |
| 2011 | 91.74 SLC | +3.7% |
| 2012 | 96.86 SLC | +5.6% |
| 2013 | 99.32 SLC | +2.5% |
| 2014 | 100.09 SLC | +0.8% |
| 2015 | 100 SLC | -0.1% |
| 2016 | 96.79 SLC | -3.2% |
| 2017 | 98.69 SLC | +2.0% |
| 2018 | 99.66 SLC | +1.0% |
| 2019 | 85.96 SLC | -13.7% |
| 2020 | 86.84 SLC | +1.0% |
| 2021 | 92.82 SLC | +6.9% |
| 2022 | 104.28 SLC | +12.3% |
| 2023 | 110.69 SLC | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.97 SLC | 17.57 SLC | 30.05 SLC | 10 |
| 1980s | 43.47 SLC | 34.49 SLC | 51.04 SLC | 10 |
| 1990s | 60.49 SLC | 53.61 SLC | 65.93 SLC | 10 |
| 2000s | 72.16 SLC | 67.03 SLC | 86.08 SLC | 10 |
| 2010s | 95.76 SLC | 85.96 SLC | 100.09 SLC | 10 |
| 2020s | 98.66 SLC | 86.84 SLC | 110.69 SLC | 4 |
Countries ranked near Micronesia (Federated States of)
- 9 Timor-Leste 122.52 SLC compare
- 9 Uzbekistan 444.52 SLC compare
- 10 Sierra Leone 408.26 SLC compare
- 10 Viet Nam 118.81 SLC compare
- 11 Bolivia (Plurinational State of) 114.95 SLC compare
- 11 Nigeria 391.35 SLC compare
- 12 Marshall Islands 366.26 SLC compare
- 13 Ghana 326.73 SLC compare
- 13 United Republic of Tanzania 109.72 SLC compare
- 14 Ukraine 326.25 SLC compare
- 15 Ethiopia 317.77 SLC compare
More economy & growth data for Micronesia (Federated States of)
- Gross Domestic Product — Annual growth Standard Local Currency 6.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.2474 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.7191 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.7 % (2024)
- Gross Domestic Product — Annual growth US$ 6.2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.7191 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 338.76 million SLC (2024)
- Gross Domestic Product — Value US$ 488.5 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,317 USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 140.24 million SLC (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Micronesia (Federated States of)?
- Value added deflator (manufacturing) — value standard local currency in Micronesia (Federated States of) was 110.69 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Micronesia (Federated States of)?
- The highest recorded value was 110.69 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Micronesia (Federated States of)?
- The lowest recorded value was 17.57 SLC in 1970.
- How does Micronesia (Federated States of) rank for value added deflator (manufacturing) — value standard local currency?
- Micronesia (Federated States of) ranks 12th out of 13 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).