Micronesia, Fed. Sts. - GDP per capita (current US$) 1983 - 2022
Micronesia, Fed. Sts.'s gdp per capita (current us$) is currently $3,741.06 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Micronesia, Fed. Sts.'s gdp per capita (current us$) for 2022 was $3,741.06, a 4.75% increase from 2021, with a +$169 difference.
- In 2021 it was $3,571.34, a -1.87% increase from 2020, with a -$69 difference.
- In 2020 it was $3,639.41, a -1.61% increase from 2019.
- In 2019 it was $3,699.08, a 2.09% increase from 2018.
- In 2018 it was $3,623.33, a 9.12% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Micronesia, Fed. Sts. is currently $2,357.36 (average of years with recorded data) with a lowest recorded value of $1,241.30 in 1986 and a highest value of $3,741.06 in 2022.For comparison, the world wide [World Bank] aggregate for 1986 was $3,090.05 and in 2022 it was $12,647.48. Essentially, in 1986, Micronesia, Fed. Sts. contributed 40.17% to the world wide aggregate. While in 2022 it contributed 29.58% to the aggregate, recording a -26.36% increase in amounts contributed within the 36-year period. Nonetheless, the country recorded a 201.38% increase in gdp per capita (current us$) within the same period.
Micronesia, Fed. Sts.'s GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1983 | $1,280.77 | |
| 1986 | $1,241.30 | -3.08% |
| 1987 | $1,256.93 | 1.26% |
| 1988 | $1,312.81 | 4.45% |
| 1989 | $1,396.75 | 6.39% |
| 1990 | $1,492.86 | 6.88% |
| 1991 | $1,654.93 | 10.86% |
| 1992 | $1,730.92 | 4.59% |
| 1993 | $1,871.17 | 8.10% |
| 1994 | $1,860.46 | -0.57% |
| 1995 | $2,008.33 | 7.95% |
| 1996 | $1,972.60 | -1.78% |
| 1997 | $1,859.27 | -5.75% |
| 1998 | $1,964.64 | 5.67% |
| 1999 | $1,973.66 | 0.46% |
| 2000 | $2,088.21 | 5.80% |
| 2001 | $2,152.53 | 3.08% |
| 2002 | $2,165.49 | 0.60% |
| 2003 | $2,195.19 | 1.37% |
| 2004 | $2,155.78 | -1.80% |
| 2005 | $2,256.01 | 4.65% |
| 2006 | $2,298.64 | 1.89% |
| 2007 | $2,344.40 | 1.99% |
| 2008 | $2,420.75 | 3.26% |
| 2009 | $2,598.40 | 7.34% |
| 2010 | $2,760.01 | 6.22% |
| 2011 | $2,885.44 | 4.54% |
| 2012 | $3,023.59 | 4.79% |
| 2013 | $2,920.70 | -3.40% |
| 2014 | $2,928.45 | 0.27% |
| 2015 | $2,891.32 | -1.27% |
| 2016 | $3,022.65 | 4.54% |
| 2017 | $3,320.35 | 9.85% |
| 2018 | $3,623.33 | 9.12% |
| 2019 | $3,699.08 | 2.09% |
| 2020 | $3,639.41 | -1.61% |
| 2021 | $3,571.34 | -1.87% |
| 2022 | $3,741.06 | 4.75% |
Expand
Comparison with Countries in the East Asia & Pacific Region.
Among countries in the same World Bank East Asia & Pacific (EAP) region, Micronesia, Fed. Sts. comes in 27th with $3,741.06 gdp per capita (current us$).
- Within the same region, Nauru comes in 17th with $11,913.70, gdp per capita (current us$).
- Thailand comes in 18th with $6,908.80.
- Marshall Islands comes in 19th with $6,727.80.
- Tuvalu comes in 20th with $5,334.99.
- Fiji comes in 21st with $5,316.66.
- Mongolia comes in 22nd with $4,946.75.
- Indonesia comes in 23rd with $4,788.00.
- Tonga comes in 24th with $4,425.97.
- Vietnam comes in 25th with $4,163.51.
- Samoa comes in 26th with $3,743.21.
- Philippines comes in 28th with $3,498.51.
- Papua New Guinea comes in 29th with $3,020.27.
- Vanuatu comes in 30th with $3,010.29.
- Timor-Leste comes in 31st with $2,358.41.
- Solomon Islands comes in 32nd with $2,203.19.
- Lao PDR comes in 33rd with $2,088.38.
- Cambodia comes in 34th with $1,786.56.
- Kiribati comes in 35th with $1,701.97.
- And Myanmar comes in 36th with $1,095.70, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the East Asia & Pacific Region.
Top 10 Countries in the East Asia & Pacific Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Singapore | $82,807.60 | 2022 |
| 2 | Australia | $64,491.40 | 2022 |
| 3 | Hong Kong SAR, China | $48,983.60 | 2022 |
| 4 | New Zealand | $48,249.30 | 2022 |
| 5 | Brunei Darussalam | $37,152.50 | 2022 |
| 6 | New Caledonia | $36,668.40 | 2021 |
| 7 | Guam | $35,904.90 | 2021 |
| 8 | Japan | $33,815.30 | 2022 |
| 9 | Korea, Rep. | $32,254.60 | 2022 |
| 10 | Macao SAR, China | $31,617.50 | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Micronesia, Fed. Sts. comes in 13th with $3,741.06 gdp per capita (current us$).
- Within the same income group, Iran, Islamic Rep. comes in 3rd with $4,387.83, gdp per capita (current us$).
- Egypt, Arab Rep. comes in 4th with $4,295.41.
- Algeria comes in 5th with $4,273.92.
- Jordan comes in 6th with $4,204.51.
- Vietnam comes in 7th with $4,163.51.
- Lebanon comes in 8th with $4,136.15.
- Eswatini comes in 9th with $4,039.52.
- Cabo Verde comes in 10th with $3,902.59.
- Tunisia comes in 11th with $3,776.67.
- Samoa comes in 12th with $3,743.21.
- Morocco comes in 14th with $3,527.94.
- Bolivia comes in 15th with $3,523.27.
- Philippines comes in 16th with $3,498.51.
- Sri Lanka comes in 17th with $3,354.38.
- Bhutan comes in 18th with $3,266.36.
- Djibouti comes in 19th with $3,136.11.
- Honduras comes in 20th with $3,040.17.
- Papua New Guinea comes in 21st with $3,020.27.
- Vanuatu comes in 22nd with $3,010.29.
- And Angola comes in 23rd with $2,998.50, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Mongolia | $4,946.75 | 2022 |
| 2 | Ukraine | $4,533.98 | 2022 |
| 3 | Iran, Islamic Rep. | $4,387.83 | 2022 |
| 4 | Egypt, Arab Rep. | $4,295.41 | 2022 |
| 5 | Algeria | $4,273.92 | 2022 |
| 6 | Jordan | $4,204.51 | 2022 |
| 7 | Vietnam | $4,163.51 | 2022 |
| 8 | Lebanon | $4,136.15 | 2021 |
| 9 | Eswatini | $4,039.52 | 2022 |
| 10 | Cabo Verde | $3,902.59 | 2022 |
| 11 | Tunisia | $3,776.67 | 2022 |
| 12 | Samoa | $3,743.21 | 2022 |
| 13 | Micronesia, Fed. Sts. | $3,741.06 | 2022 |
| 14 | Morocco | $3,527.94 | 2022 |