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COUNTRY OUTLOOK / FM

Micronesia

Foreign currency no independent policy rate · ISO:FM

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Separate policy frameworkTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalPalikir
RegionEast Asia & Pacific
Income groupUpper middle income
CurrencyUnited States dollar
GDP$501.8M2025 · current US$
Real GDP growth1.06%2025 · annual %
Population113.68K2025 · people
GDP per capita$4,414.012025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Micronesia's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:FM
Policy frameworkforeign currency no independent policy rate
Native targetcurrency anchor policy context
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

1.06% · 2025 · annual %

Real GDP growth · annual %-3.11%0.64%4.39%2014: -2.56410256410257 annual %2015: 4.3859649122807 annual %2016: 1.26050420168067 annual %2017: 2.07468879668049 annual %2018: 0.406504065040664 annual %2019: 3.64372469635627 annual %2020: -2.05703124999999 annual %2021: 3.09969928290539 annual %2022: -3.11412501063803 annual %2023: 1.13097800090873 annual %2024: 2.30132923576443 annual %2025: 1.0626071425539 annual %20142025
View annual observations
YearValue (annual %)
20251.063
20242.301
20231.131
2022-3.114
20213.100
2020-2.057
20193.644
20180.407
20172.075
20161.261
20154.386
2014-2.564
World Bank source & definition ↗

Economy

GDP$501.8M2025 · current US$Source & definition ↗
Real GDP growth1.06%2025 · annual %Source & definition ↗
GDP per capita$4,414.012025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 523.44M2025 · current international $Source & definition ↗

People

Population113.68K2025 · peopleSource & definition ↗
Population growth0.46%2025 · annual %Source & definition ↗
Urban population22.48%2025 · % of populationSource & definition ↗
Life expectancy67.362024 · yearsSource & definition ↗
Unemployment · ILO estimateNot available% of labor force
Labor force participation · ages 15+Not available% of population ages 15+

Sectors

Agriculture, forestry & fishing24.16%2025 · % of GDPSource & definition ↗
Industry including construction5.28%2025 · % of GDPSource & definition ↗
Services65.26%2025 · % of GDPSource & definition ↗
Manufacturing0.48%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services22.12%2025 · % of GDPSource & definition ↗
Imports of goods & services70.94%2025 · % of GDPSource & definition ↗
Current account balance7.09%2014 · % of GDPSource & definition ↗
Foreign direct investment · net inflows6.40%2014 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation5.41%2022 · annual %Source & definition ↗
Central government debt27.80%2020 · % of GDPSource & definition ↗
Tax revenue7.03%2020 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector23.43%2021 · % of GDPSource & definition ↗
Total reserves including gold$497.43M2021 · current US$Source & definition ↗

Infrastructure

Internet use39.52%2024 · % of populationSource & definition ↗
Access to electricity88.90%2024 · % of populationSource & definition ↗

Geography

Surface area7002023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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