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Micronesia

Headline economic indicators for Micronesia, with the most recent official readings.

Prices

Prices — Micronesia
Indicator Value Change
Inflation rate · 5.4% +2.22 (+69.5%)
Consumer price index · 126.9 +6.51 (+5.4%)
GDP deflator inflation · 3.2% -2.97 (-48.1%)

GDP

GDP — Micronesia
Indicator Value Change
GDP growth rate · 1.1% -1.24 (-53.8%)
GDP per capita · 4,414.01 +162.32 (+3.8%)
GDP · 501,797,600 +20,676,300 (+4.3%)
GDP, PPP · 523,441,483 +19,616,958 (+3.9%)
GDP per capita, PPP · 4,604 +152.08 (+3.4%)
GDP per capita growth · 0.6% -1.22 (-67.2%)
GNI per capita · 4,760 +270.00 (+6.0%)
Agriculture to GDP · 24.2% +1.83 (+8.2%)
Industry to GDP · 5.3% +0.38 (+7.8%)
Manufacturing to GDP · 0.5% -0.02 (-3.1%)
Services to GDP · 65.3% -1.28 (-1.9%)
Household consumption to GDP · 106.3% unchanged
Gross capital formation to GDP · 47.8% unchanged

Money

Money — Micronesia
Indicator Value Change
Real interest rate · 10.6% -8.19 (-43.7%)
Broad money to GDP · 84.9% +7.65 (+9.9%)
Private sector credit to GDP · 23.4% -0.74 (-3.1%)
Lending rate · 12.6% -1.85 (-12.8%)
Bank deposit rate · 0.0% -0.03 (-42.9%)
Bank nonperforming loans · 2.8% +1.04 (+60.1%)
Official exchange rate · 1 +0.00 (+0.0%)

Trade

Trade — Micronesia
Indicator Value Change
Current account to GDP · 7.1% +7.78 (+1,124.5%)
Exports to GDP · 22.1% -0.33 (-1.5%)
Imports to GDP · 70.9% -3.05 (-4.1%)
Trade to GDP · 93.1% -3.38 (-3.5%)
Exports of goods and services · 111,000,000 +3,000,000 (+2.8%)
Imports of goods and services · 356,000,000 +0.00 (+0.0%)
Trade balance, goods and services (annual) · -105,076,900 +27,624,700 (+20.8%)
Current account balance (annual) · 22,407,600 +24,581,000 (+1,131.0%)
Foreign direct investment to GDP · 6.4% unchanged
Remittances received to GDP · 7.4% +0.36 (+5.2%)
Total reserves, including gold · 497,434,120.42 +45,521,511 (+10.1%)
Reserves in months of imports · 5.3 +1.57 (+42.2%)

Government

Government — Micronesia
Indicator Value Change
Government debt to GDP · 27.8% +3.71 (+15.4%)
Government revenue to GDP · 29.7% -10.31 (-25.8%)
Government expense to GDP · 23.4% -0.22 (-0.9%)
Tax revenue to GDP · 7.0% -12.83 (-64.6%)
Government budget balance to GDP · 6.9% -11.10 (-61.6%)
Government consumption to GDP · 73.8% unchanged
Education spending to GDP · 11.6% +0.87 (+8.1%)
Health spending to GDP · 12.9% +0.25 (+2.0%)

Demography

Demography — Micronesia
Indicator Value Change
Population · 113,683 +523.00 (+0.5%)
Population growth · 0.5% -0.01 (-1.8%)
Life expectancy · 67.4 +0.16 (+0.2%)
Fertility rate · 2.74 -0.01 (-0.2%)
Birth rate · 22.3 +0.02 (+0.1%)
Death rate · 7.7 +0.07 (+0.9%)
Urban population share · 22.5% +0.02 (+0.1%)
Population aged 65 and over · 6.2% +0.23 (+3.9%)
Under-five mortality rate · 22.4 -0.70 (-3.0%)
Population density · 161.4 +0.76 (+0.5%)
Net migration · -1,125 -21.00 (-1.9%)
Gini index · 40.1 -2.30 (-5.4%)

Economies nearby

Comparable readings from neighbouring economies.