GDP growth (annual %) (UNESCO Institute) in Micronesia (country)
Micronesia (country): GDP growth (annual %) (UNESCO Institute) was 0.7% in 2024. ◆ Volatile
GDP growth in Micronesia (country), 1971–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Micronesia (country) recorded 0.7% for gdp growth in 2024.
The figure is up 49.1% on the previous year and up 131.2% over ten years.
Over the whole period, gdp growth in Micronesia (country) peaked at 33.9% in 1973 and was at its lowest, -7.2%, in 1980.
Micronesia (country) ranks 181st of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Micronesia (country), year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 2.3% | — |
| 1972 | 1.1% | -53.6% |
| 1973 | 33.9% | +3080.2% |
| 1974 | 15.3% | -54.8% |
| 1975 | 0.1% | -99.5% |
| 1976 | 0.4% | +379.6% |
| 1977 | 2.4% | +580.9% |
| 1978 | 5.6% | +132.5% |
| 1979 | 2.1% | -62.4% |
| 1980 | -7.2% | -439.6% |
| 1981 | 9.7% | -235.1% |
| 1982 | -2.6% | -127.0% |
| 1983 | 1.9% | -173.6% |
| 1984 | -4.0% | -304.8% |
| 1985 | 16.6% | -518.7% |
| 1986 | 8.0% | -51.8% |
| 1987 | 1.2% | -85.0% |
| 1988 | 2.5% | +112.5% |
| 1989 | 3.5% | +38.3% |
| 1990 | 3.7% | +6.1% |
| 1991 | 7.4% | +98.5% |
| 1992 | 4.0% | -46.0% |
| 1993 | 8.1% | +103.1% |
| 1994 | -0.5% | -106.6% |
| 1995 | 7.0% | -1412.3% |
| 1996 | -3.2% | -145.4% |
| 1997 | -6.1% | +90.5% |
| 1998 | 2.9% | -147.0% |
| 1999 | 1.4% | -51.8% |
| 2000 | 4.8% | +251.7% |
| 2001 | 2.2% | -55.2% |
| 2002 | 0.5% | -74.8% |
| 2003 | 1.6% | +187.4% |
| 2004 | -3.1% | -295.9% |
| 2005 | 2.0% | -166.3% |
| 2006 | -0.1% | -104.0% |
| 2007 | -1.8% | +2165.2% |
| 2008 | -2.4% | +31.2% |
| 2009 | 1.1% | -145.4% |
| 2010 | 2.3% | +106.7% |
| 2011 | 3.2% | +41.1% |
| 2012 | -1.9% | -158.5% |
| 2013 | -3.7% | +97.1% |
| 2014 | -2.3% | -37.3% |
| 2015 | 4.6% | -300.4% |
| 2016 | 0.5% | -89.5% |
| 2017 | 0.8% | +70.0% |
| 2018 | 0.0% | -100.0% |
| 2019 | 4.1% | — |
| 2020 | -1.7% | -141.0% |
| 2021 | 3.1% | -285.3% |
| 2022 | -2.9% | -193.7% |
| 2023 | 0.5% | -116.6% |
| 2024 | 0.7% | +49.1% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.7% is below the median for upper middle income countries, which is 3.3%, 22% of the median. (58 countries reporting)
- Micronesia (country)'s 0.7% is below the median for East Asia & Pacific, which is 3.8%, 19% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +3080.2% | 1.1% | 33.9% |
| 2007 | -2165.2% | -0.1% | -1.8% |
| 1995 | +1412.3% | -0.5% | 7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.0% | 0.1% | 33.9% | 9 |
| 1980s | 3.0% | -7.2% | 16.6% | 10 |
| 1990s | 2.5% | -6.1% | 8.1% | 10 |
| 2000s | 0.5% | -3.1% | 4.8% | 10 |
| 2010s | 0.8% | -3.7% | 4.6% | 10 |
| 2020s | -0.1% | -2.9% | 3.1% | 5 |
Countries ranked near Micronesia (country)
More population data for Micronesia (country)
- Population regions with projections, annual growth rate -0.2514 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.266 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2514 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8705 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.7432 % change on previous year (2100)
- Population growth rate -0.262 (2100)
- Population density 183.08 (2100)
- Projected population under age 5 7,078 (2100)
- Population growth rate by level of development -0.262 (2100)
- Urbanization vs gdp, annual growth rate 0.1095 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Micronesia (country)?
- Gdp growth in Micronesia (country) was 0.7% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Micronesia (country)?
- The highest recorded value was 33.9% in 1973.
- What is the lowest gdp growth recorded in Micronesia (country)?
- The lowest recorded value was -7.2% in 1980.
- How does Micronesia (country) rank for gdp growth?
- Micronesia (country) ranks 181st out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Micronesia (country)?
- Over the last ten years it is up 131.2%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release