Price level ratio of PPP conversion factor (GDP) to market exchange in Micronesia (country)

Micronesia (country): Price level ratio of PPP conversion factor (GDP) to market exchange was 0.9585 in 2024. ▲ Rising

Latest (2024)
0.9585
Change on year
up 2.9%
World rank
11th
of 202 countries
All-time high
1.01
in 2018
All-time low
0.7964
in 2006
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Micronesia (country), 1990–2024

00.250.50.7511990200720241990: 0.8641991: 0.8781992: 0.8851993: 0.891994: 0.8951995: 0.8961996: 0.8961997: 0.8871998: 0.9031999: 0.8842000: 0.8732001: 0.8642002: 0.8512003: 0.8322004: 0.8182005: 0.812006: 0.7962007: 0.82008: 0.8242009: 0.8632010: 0.8832011: 0.8792012: 0.9252013: 0.9152014: 0.9272015: 0.872016: 0.8812017: 0.9482018: 12019: 0.9612020: 0.9132021: 0.8892022: 0.9082023: 0.9312024: 0.959

Source: UNESCO Institute for Statistics.

Analysis

Micronesia (country) recorded 0.9585 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

The figure is up 2.9% on the previous year and up 3.5% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Micronesia (country) peaked at 1.01 in 2018 and was at its lowest, 0.7964, in 2006.

That places Micronesia (country) 11th out of 202 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Micronesia (country), year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Micronesia (country), 1990 to 2024.
Year Value Change
1990 0.8641
1991 0.8784 +1.7%
1992 0.8849 +0.7%
1993 0.8904 +0.6%
1994 0.8946 +0.5%
1995 0.8959 +0.1%
1996 0.8963 +0.0%
1997 0.8868 -1.1%
1998 0.9032 +1.8%
1999 0.8836 -2.2%
2000 0.8734 -1.2%
2001 0.8636 -1.1%
2002 0.8512 -1.4%
2003 0.8317 -2.3%
2004 0.8179 -1.7%
2005 0.8097 -1.0%
2006 0.7964 -1.6%
2007 0.8 +0.5%
2008 0.8241 +3.0%
2009 0.863 +4.7%
2010 0.8833 +2.4%
2011 0.8793 -0.5%
2012 0.9247 +5.2%
2013 0.915 -1.0%
2014 0.9265 +1.3%
2015 0.8698 -6.1%
2016 0.8806 +1.2%
2017 0.9478 +7.6%
2018 1.01 +6.7%
2019 0.9611 -5.0%
2020 0.913 -5.0%
2021 0.8893 -2.6%
2022 0.9082 +2.1%
2023 0.9311 +2.5%
2024 0.9585 +2.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8878 0.8641 0.9032 10
2000s 0.8331 0.7964 0.8734 10
2010s 0.92 0.8698 1.01 10
2020s 0.92 0.8893 0.9585 5

Countries ranked near Micronesia (country)

  1. 8 Turks and Caicos Islands 0.9882 compare
  2. 9 Vanuatu 0.9835 compare
  3. 10 Israel 0.9728 compare
  4. 12 Bahamas 0.9577 compare
  5. 13 Nauru 0.9368 compare
  6. 14 Faroe Islands 0.9182 compare

See the full ranking of 202 places →

More population data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Micronesia (country)?
Price level ratio of ppp conversion factor (gdp) to market exchange in Micronesia (country) was 0.9585 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Micronesia (country)?
The highest recorded value was 1.01 in 2018.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Micronesia (country)?
The lowest recorded value was 0.7964 in 2006.
How does Micronesia (country) rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Micronesia (country) ranks 11th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Micronesia (country)?
Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
Where does this Micronesia (country) data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Micronesia (country). Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 01 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/micronesia-fed-sts/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release