East Asia & Pacific · Upper middle income
Micronesia: the economy in numbers
Per person: $4,414, or $4,604 at purchasing power parity. Population: 113,683 (2025).
GDP in 2025, current US dollars: #199 of 204 economies. IMF forecast for 2026: +1.4%.
GDP
Adjusted for US inflation, in 2025 dollars: $165 million in 1970, $502 million in 2025.
GDP per capita
In 2025 dollars: $2,801 per person in 1970, $4,414 in 2025.
Real GDP growth
Average over 2016–2025: 1.0% a year. Years of falling GDP since 1971: 15 of 55.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 75.2% from 2000 to 2022. Highest annual inflation: 8.4% in 2008.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 1995: 53.9% of GDP in 1995. IMF forecast for 2031: 9.3%.
Source: World Bank, World Development Indicators (CC BY 4.0)
Population
1960: 43,061 · 2025: 113,683.
Life expectancy at birth
1960: 54.2 years · 2024: 67.4 years.
Exports of goods and services
1983: 4.3% · 2025: 22.1%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|
| 2031 | 0.7%f | 2.0%f | 9.3%f | ||||||
| 2030 | 0.9%f | 2.0%f | 8.8%f | ||||||
| 2029 | 1.0%f | 2.0%f | 8.2%f | ||||||
| 2028 | 1.8%f | 1.0%f | 7.7%f | ||||||
| 2027 | 1.7%f | 4.5%f | 7.4%f | ||||||
| 2026 | 1.4%f | 3.2%f | 7.7%f | ||||||
| 2025 | $502M | $4,414 | $4,604 | 1.1% | 2.8% | 8.8%e | 114K | 22.1% | |
| 2024 | $481M | $4,252 | $4,452 | 2.3% | 5.4% | 10.4% | 113K | 67.4 | 22.4% |
| 2023 | $443M | $3,933 | $4,267 | 1.1% | 6.2% | 12.8% | 113K | 67.2 | 22.1% |
| 2022 | $415M | $3,704 | $4,087 | −3.1% | 5.4% | 12.9% | 112K | 67.0 | 28.9% |
| 2021 | $392M | $3,508 | $3,956 | 3.1% | 3.2% | 15.7% | 112K | 66.2 | 19.7% |
| 2020 | $373M | $3,362 | $3,693 | −2.1% | 0.6% | 20.2% | 111K | 65.9 | 22.8% |
| 2019 | $395M | $3,582 | $3,742 | 3.6% | 1.9% | 19.1% | 110K | 66.2 | 35.4% |
| 2018 | $394M | $3,585 | $3,564 | 0.4% | 1.5% | 20.3% | 110K | 65.9 | 38.1% |
| 2017 | $361M | $3,297 | $3,483 | 2.1% | 0.6% | 23.9% | 109K | 65.8 | 31.3% |
| 2016 | $327M | $2,998 | $3,365 | 1.3% | −1.0% | 24.6% | 109K | 65.6 | 28.1% |
| 2015 | $312M | $2,870 | $3,303 | 4.4% | −0.3% | 26.0% | 109K | 65.3 | 28.5% |
| 2014 | $316M | $2,915 | $3,144 | −2.6% | 0.7% | 28.4% | 108K | 65.3 | 32.6% |
| 2013 | $314M | $2,904 | $3,180 | −3.7% | 1.8% | 27.9% | 108K | 65.2 | 30.6% |
| 2012 | $324M | $3,003 | $3,254 | −1.6% | 5.0% | 27.3% | 108K | 65.1 | 30.2% |
| 2011 | $308M | $2,860 | $3,252 | 3.8% | 5.1% | 28.6% | 108K | 65.0 | 25.0% |
| 2010 | $292M | $2,715 | $3,075 | 1.7% | 3.3% | 29.4% | 108K | 64.9 | 24.0% |
| 2009 | $277M | $2,566 | $2,976 | 1.3% | 6.4% | 31.1% | 108K | 64.9 | 22.0% |
| 2008 | $261M | $2,396 | $2,893 | −2.5% | 8.4% | 29.2% | 109K | 64.8 | 23.4% |
| 2007 | $253M | $2,303 | $2,887 | −1.7% | 3.3% | 26.0% | 110K | 64.8 | 22.9% |
| 2006 | $250M | $2,258 | $2,837 | −0.4% | 4.6% | 25.4% | 111K | 64.9 | 18.4% |
| 2005 | $247M | $2,217 | $2,746 | 2.7% | 4.3% | 25.0% | 111K | 64.9 | 17.0% |
| 2004 | $236M | $2,104 | $2,580 | −3.2% | 2.3% | 25.7% | 112K | 64.9 | 15.7% |
| 2003 | $241M | $2,146 | $2,587 | 1.8% | 0.1% | 24.9% | 112K | 64.9 | 19.1% |
| 2002 | $238M | $2,113 | $2,489 | 0.4% | −0.1% | 24.3% | 112K | 63.9 | 18.5% |
| 2001 | $236M | $2,104 | $2,442 | 1.8% | 0.5% | 23.8% | 112K | 64.8 | 19.5% |
| 2000 | $230M | $2,049 | $2,352 | 4.6% | 2.2% | 27.1% | 112K | 64.3 | 18.3% |
| 1999 | $217M | $1,945 | $2,206 | 1.1% | 1.9% | 35.9% | 112K | 64.6 | 16.6% |
| 1998 | $217M | $1,944 | $2,156 | 2.8% | 1.6% | 42.1% | 111K | 64.5 | 18.9% |
| 1997 | $204M | $1,840 | $2,079 | −6.2% | 2.7% | 47.2% | 111K | 64.4 | 18.1% |
| 1996 | $217M | $1,956 | $2,187 | −3.3% | 2.8% | 43.4% | 111K | 64.3 | 18.5% |
| 1995 | $220M | $1,995 | $2,231 | 7.0% | 53.9% | 110K | 64.1 | 18.2% | |
| 1994 | $202M | $1,857 | $2,064 | −0.5% | 109K | 64.1 | |||
| 1993 | $198M | $1,853 | $2,069 | 8.1% | 107K | 64.0 | |||
| 1992 | $178M | $1,699 | $1,910 | 4.0% | 105K | 64.0 | |||
| 1991 | $166M | $1,617 | $1,831 | 7.4% | 103K | 63.9 | |||
| 1990 | $147M | $1,459 | $1,679 | 3.7% | 101K | 63.7 | |||
| 1989 | $135M | $1,366 | 3.5% | 99K | 63.6 | ||||
| 1988 | $125M | $1,284 | 2.5% | 97.1K | 63.5 | ||||
| 1987 | $117M | $1,230 | 1.2% | 94.8K | 63.2 | ||||
| 1986 | $112M | $1,216 | 8.0% | 92.3K | 63.2 | ||||
| 1985 | $102M | $1,136 | 16.6% | 89.7K | 63.0 | ||||
| 1984 | $84.7M | $971 | −4.0% | 87.2K | 62.9 | ||||
| 1983 | $84.1M | $993 | 1.9% | 84.7K | 62.8 | 4.3% | |||
| 1982 | $80.1M | $974 | −2.6% | 82.2K | 62.7 | ||||
| 1981 | $76.5M | $958 | 9.7% | 79.8K | 62.7 | ||||
| 1980 | $64.2M | $829 | −7.2% | 77.4K | 62.6 | ||||
| 1979 | $60.3M | $803 | 2.1% | 75.1K | 62.5 | ||||
| 1978 | $53.7M | $738 | 5.6% | 72.8K | 62.3 | ||||
| 1977 | $47.3M | $669 | 2.4% | 70.8K | 62.1 | ||||
| 1976 | $46.8M | $678 | 0.4% | 69K | 61.9 | ||||
| 1975 | $46.1M | $684 | 0.1% | 67.4K | 61.6 | ||||
| 1974 | $46.1M | $701 | 15.3% | 65.7K | 61.3 | ||||
| 1973 | $34.8M | $544 | 33.9% | 64K | 61.0 | ||||
| 1972 | $25.1M | $403 | 1.1% | 62.3K | 60.6 | ||||
| 1971 | $21.8M | $359 | 2.3% | 60.6K | 60.2 | ||||
| 1970 | $19.9M | $337 | 58.9K | 59.8 | |||||
| 1969 | 57.1K | 59.3 | |||||||
| 1968 | 55.5K | 58.8 | |||||||
| 1967 | 53.8K | 58.3 | |||||||
| 1966 | 52.3K | 57.8 | |||||||
| 1965 | 50.7K | 57.2 | |||||||
| 1964 | 49.2K | 56.7 | |||||||
| 1963 | 47.7K | 56.0 | |||||||
| 1962 | 46.2K | 55.4 | |||||||
| 1961 | 44.6K | 54.7 | |||||||
| 1960 | 43.1K | 54.2 |
e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1996–1999, 2023–2025, World Bank for the other years.
Nearby economies in East Asia & Pacific
Nearest by distance between capitals, with GDP per capita.
American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
- Fiscal year: the IMF reports this economy by fiscal year (latest actual: FY2024/25), so IMF numbers can differ from calendar-year World Bank figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)