GDP growth in Micronesia (country)

Micronesia (country): GDP growth was 0.7% in 2024. β—† Volatile

Latest (2024)
0.7%
Change on year
up 49.1%
World rank
179th
of 209 countries
All-time high
33.9%
in 1973
All-time low
-7.2%
in 1980
Years of data
54
1971–2024

GDP growth in Micronesia (country), 1971–2024

-100102030197119972024

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 179th of 209 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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)

  1. 176 Romania 0.8% compare
  2. 177 Yemen 0.8% compare
  3. 178 Italy 0.7% compare
  4. 180 Iceland 0.5% compare
  5. 181 Hungary 0.5% compare
  6. 182 Moldova 0.1% compare

See the full ranking of 212 places β†’

More population data for Micronesia (country)

All data for Micronesia (country) β†’

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 179th out of 209 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.

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GDP growth in Micronesia (country). Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/micronesia-fed-sts/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release