GDP Growth Rate
Year -
0.72%
In 2024, Micronesia experienced a significant an increase in its GDP growth rate, which rise to 0.72% from 0.45% in 2023. Additionally, the GDP per capita growth rate in Micronesia increase to 0.25% in 2024, compared to -0.01% in 2023.
In 2024, Micronesia experienced a increase in economic performance, with the GDP growth rate rising by 0.27%. Additionally, the GDP per capita growth rate increase by 0.26%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | 2.3 | - | -0.59 | - |
| 1972 | 1.07% | -1.23% | -1.6% | -1.01% |
| 1973 | 33.93% | 32.86% | 30.35% | 31.95% |
| 1974 | 15.33% | -18.60% | 12.23% | -18.12% |
| 1975 | 0.07% | -15.26% | -2.42% | -14.65% |
| 1976 | 0.36% | 0.29% | -2% | 0.42% |
| 1977 | 2.43% | 2.07% | -0.04% | 1.96% |
| 1978 | 5.64% | 3.21% | 2.73% | 2.77% |
| 1979 | 2.12% | -3.52% | -1.01% | -3.74% |
| 1980 | -7.2% | -9.32% | -10.02% | -9.01% |
| 1981 | 9.72% | 16.92% | 6.44% | 16.46% |
| 1982 | -2.62% | -12.34% | -5.49% | -11.93% |
| 1983 | 1.93% | 4.55% | -1.03% | 4.46% |
| 1984 | -3.95% | -5.88% | -6.7% | -5.67% |
| 1985 | 16.55% | 20.50% | 13.26% | 19.96% |
| 1986 | 7.98% | -8.57% | 4.98% | -8.28% |
| 1987 | 1.2% | -6.78% | -1.55% | -6.53% |
| 1988 | 2.55% | 1.35% | 0.17% | 1.72% |
| 1989 | 3.53% | 0.98% | 1.53% | 1.36% |
| 1990 | 3.74% | 0.21% | 1.8% | 0.27% |
| 1991 | 7.43% | 3.69% | 5.48% | 3.68% |
| 1992 | 4.01% | -3.42% | 1.97% | -3.51% |
| 1993 | 8.14% | 4.13% | 5.86% | 3.89% |
| 1994 | -0.53% | -8.67% | -2.37% | -8.23% |
| 1995 | 7.01% | 7.54% | 5.89% | 8.26% |
| 1996 | -3.34% | -10.35% | -3.76% | -9.65% |
| 1997 | -6.21% | -2.87% | -6.52% | -2.76% |
| 1998 | 2.84% | 9.05% | 2.55% | 9.07% |
| 1999 | 1.13% | -1.71% | 0.85% | -1.70% |
| 2000 | 4.62% | 3.49% | 4.28% | 3.43% |
| 2001 | 1.82% | -2.80% | 1.53% | -2.75% |
| 2002 | 0.44% | -1.38% | 0.37% | -1.16% |
| 2003 | 1.76% | 1.32% | 1.91% | 1.54% |
| 2004 | -3.19% | -4.95% | -2.88% | -4.79% |
| 2005 | 2.31% | 5.50% | 2.79% | 5.67% |
| 2006 | -0.2% | -2.51% | 0.42% | -2.37% |
| 2007 | -1.72% | -1.52% | -0.96% | -1.38% |
| 2008 | -2.58% | -0.86% | -1.74% | -0.78% |
| 2009 | 1.1% | 3.68% | 2.02% | 3.76% |
| 2010 | 2.07% | 0.97% | 2.46% | 0.44% |
| 2011 | 3.78% | 1.71% | 3.63% | 1.17% |
| 2012 | -1.69% | -5.47% | -1.87% | -5.50% |
| 2013 | -3.68% | -1.99% | -3.88% | -2.01% |
| 2014 | -2.59% | 1.09% | -2.83% | 1.05% |
| 2015 | 4.43% | 7.02% | 4.13% | 6.96% |
| 2016 | 0.94% | -3.49% | 0.61% | -3.52% |
| 2017 | 2.18% | 1.24% | 1.8% | 1.19% |
| 2018 | - | - | -0.39% | -2.19% |
| 2019 | 4.08% | - | 3.73% | 4.12% |
| 2020 | -1.67% | -5.75% | -2.23% | -5.96% |
| 2021 | 3.1% | 4.77% | 2.45% | 4.68% |
| 2022 | -2.91% | -6.01% | -3.33% | -5.78% |
| 2023 | 0.45% | 3.36% | -0.01% | 3.32% |
| 2024 | 0.72% | 0.27% | 0.25% | 0.26% |