Economy

Micronesia, Federated States of

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GDP per capita19702024
3371.29K2.25K3.21K4.17K19702024
Source: World Bank WDI
Private credit (% of GDP)19952020
16.320.324.228.232.119952020
Source: WB GFDD
IndicatorValue
GDP (nominal)471,000,000 US$World Bank WDI [2024]
GDP (PPP)492,000,000 US$World Bank WDI [2024]
GDP growth0.719 %World Bank WDI [2024]
GDP per capita4,170 US$World Bank WDI [2024]
Inflation (CPI)5.41 %World Bank WDI [2022]
UnemploymentNo authoritative open source found
Exports of goods & services127,000,000 US$World Bank WDI [2024]
Imports of goods & services337,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)22.8 %World Bank WDI [2024]
Industry (% GDP)4.99 %World Bank WDI [2024]
Services (% GDP)67.9 %World Bank WDI [2024]
Industriestourism, construction; specialized aquaculture, craft items (shell and wood)CIA World Factbook [2025] · 2026 archive
Agricultural productscoconuts, cassava, vegetables, sweet potatoes, bananas, pork, plantains, fruits, beef, eggs (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiesfish, diamonds, garments (2023); note: top export commodities based on value in dollars over $500,000CIA World Factbook [2025] · 2026 archive
Export partnersThailand 64%, China 16%, Philippines 11%, Japan 5%, Ecuador 1% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersUSA 35%, China 20%, Japan 13%, Taiwan 6%, Philippines 4% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index40.1 indexWorld Bank WDI [2013]
GDP per capita (1913)No authoritative open source found
Leading mineral commodityNo authoritative open source found
Wealth share of top 10%0.617 %World Inequality Database [2024]
Wealth share of top 1%0.273 %World Inequality Database [2024]
Gini (WID)1–40.1 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2013] 40.1 index
Top export partnersThailand (61.3%) / China (28.2%) / Philippines (5.1%) / Japan (2.0%) / Ecuador (1.4%)CEPII BACI [2024]
Top import partnersUSA (26.1%) / Taiwan (20.9%) / China (18.6%) / Japan (8.8%) / Philippines (4.5%)CEPII BACI [2024]
Top agricultural productsCoconuts, in shell / Oilcrops, Oil Equivalent / Roots and Tubers, Total / Cassava, fresh / Oilcrops, Cake EquivalentFAOSTAT [2024]
Bank assets (% of GDP)23 %WB GFDD [2020]
Private credit (% of GDP)22.1 %WB GFDD [2020]
Stock market capitalization (% of GDP)No authoritative open source found
Financial account ownershipNo authoritative open source found
Mobile-money accountNo authoritative open source found
Borrowed from a bankNo authoritative open source found
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage24/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
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About this data

Micronesia, Federated States of's economy on Databook compiles 24 indicators from 6 open datasets including World Bank WDI, CIA World Factbook, World Inequality Database. Key figures include gdp (nominal) (471,000,000 US$), gdp (ppp) (492,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.