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Micronesia

58 series · 1800–2025 · Lower middle income · East Asia & Pacific

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1970–2025491.7 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1970–2025491.7 (2025)
Real GDPMillions of local currencyrGDP1970–2025343.3 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1970–20253,243 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1970–2025348.2 (2025)
DeflatorIndex, 2015 = 100deflator1970–2025141.2 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1970–20253,289 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1970–2024553.0 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1970–2024117.3 (2024)
Total consumption (USD)Millions of US dollarscons_USD1970–2024553.0 (2024)
Household consumptionMillions of local currencyhcons1970–2024326.3 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1970–202469.2 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1970–2024326.3 (2024)
Government consumptionMillions of local currencygcons1970–2024226.7 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1970–202448.1 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1970–2024226.7 (2024)
Gross capital formationMillions of local currencyinv1970–2024146.7 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1970–202431.1 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1970–2024146.7 (2024)
Gross fixed capital formationMillions of local currencyfinv1970–2024138.0 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1970–202429.3 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1970–2024138.0 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1970–2025133.1 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1970–202527.1 (2025)
Exports (USD)Millions of US dollarsexports_USD1970–2025133.1 (2025)
ImportsMillions of local currencyimports1970–2025325.9 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1970–202566.3 (2025)
Imports (USD)Millions of US dollarsimports_USD1970–2025325.9 (2025)
Current accountMillions of local currencyCA1995–202324.4 (2023)
Current account (% of GDP)Percent of GDPCA_GDP1995–20235.50 (2023)
USD exchange rateLocal currency per US dollarUSDfx1940–20251.00 (2025)
Current account (USD)Millions of US dollarsCA_USD1995–202324.4 (2023)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1995–2023280.4 (2023)
General government expenditureMillions of local currencygen_govexp1995–2023280.4 (2023)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1995–202363.2 (2023)
Government revenueMillions of local currencygovrev1995–2023272.3 (2023)
General government revenueMillions of local currencygen_govrev1995–2023272.3 (2023)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1995–202361.3 (2023)
Government tax revenueMillions of local currencygovtax2004–2022115.3 (2022)
General government tax revenueMillions of local currencygen_govtax2004–2022115.3 (2022)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2004–202226.8 (2022)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1995–2023-1.82 (2023)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1995–2023-1.82 (2023)
General government deficitMillions of local currencygen_govdef1995–2023-8.09 (2023)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1995–202410.8 (2024)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1995–202410.8 (2024)
General government debtMillions of local currencygen_govdebt1995–202451.1 (2024)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP2008–202027.8 (2020)
Central government debtMillions of local currencycgovdebt2008–2020103.4 (2020)
Government debtMillions of local currencygovdebt1995–202451.1 (2024)
Government deficitMillions of local currencygovdef1995–2023-8.09 (2023)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1995–202363.2 (2023)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1995–202361.3 (2023)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2004–202226.8 (2022)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1995–2025128.0 (2025)
InflationPercentinfl1996–20252.22 (2025)
PopulationMillions of peoplepop1800–20250.106 (2025)
Unemployment ratePercentunemp2000–20148.86 (2014)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →