Micronesia Gross Domestic Product: Nominal
FM: GDP: Gross Value Added at Basic Prices
FM: GDP: Gross Value Added at Basic Prices data was reported at 439.556 USD mn in 2024. This records an increase from the previous number of 425.480 USD mn for 2023. FM: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 253.019 USD mn from Sep 1983 (Median) to 2024, with 31 observations. The data reached an all-time high of 439.556 USD mn in 2024 and a record low of 100.800 USD mn in 1983. FM: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 439.556 2024 | yearly | 1983 - 2024 |
View Micronesia's FM: GDP: Gross Value Added at Basic Prices from 1983 to 2024 in the chart:
Micronesia (Federated States of) FM: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured
FM: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data was reported at 4.896 USD mn in 2015. This records an increase from the previous number of 4.551 USD mn for 2014. FM: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data is updated yearly, averaging 4.241 USD mn from Dec 2003 (Median) to 2015, with 13 observations. The data reached an all-time high of 4.896 USD mn in 2015 and a record low of 2.353 USD mn in 2004. FM: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 4.896 2015 | yearly | 2003 - 2015 |
View Micronesia's Micronesia (Federated States of) FM: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured from 2003 to 2015 in the chart:
Micronesia (Federated States of) FM: GDP: Gross Value Added at Factor Cost: Services
FM: GDP: Gross Value Added at Factor Cost: Services data was reported at 195.184 USD mn in 2015. This records a decrease from the previous number of 203.791 USD mn for 2014. FM: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 171.890 USD mn from Dec 2003 (Median) to 2015, with 13 observations. The data reached an all-time high of 203.791 USD mn in 2014 and a record low of 156.661 USD mn in 2004. FM: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 195.184 2015 | yearly | 2003 - 2015 |
View Micronesia's Micronesia (Federated States of) FM: GDP: Gross Value Added at Factor Cost: Services from 2003 to 2015 in the chart:
FM: GDP: USD: Gross Value Added at Basic Price
FM: GDP: USD: Gross Value Added at Basic Price data was reported at 439.556 USD mn in 2024. This records an increase from the previous number of 425.480 USD mn for 2023. FM: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 253.019 USD mn from Sep 1983 (Median) to 2024, with 31 observations. The data reached an all-time high of 439.556 USD mn in 2024 and a record low of 100.800 USD mn in 1983. FM: GDP: USD: Gross Value Added at Basic Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 439.556 2024 | yearly | 1983 - 2024 |
View Micronesia's FM: GDP: USD: Gross Value Added at Basic Price from 1983 to 2024 in the chart:
FM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing
FM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data was reported at 107.437 USD mn in 2024. This records an increase from the previous number of 103.355 USD mn for 2023. FM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data is updated yearly, averaging 70.087 USD mn from Sep 1983 (Median) to 2024, with 31 observations. The data reached an all-time high of 107.437 USD mn in 2024 and a record low of 44.900 USD mn in 1983. FM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 107.437 2024 | yearly | 1983 - 2024 |
View Micronesia's FM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing from 1983 to 2024 in the chart:
FM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)
FM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 23.540 USD mn in 2024. This records an increase from the previous number of 22.332 USD mn for 2023. FM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 18.730 USD mn from Sep 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 26.887 USD mn in 2012 and a record low of 7.678 USD mn in 2007. FM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 23.540 2024 | yearly | 1995 - 2024 |
View Micronesia's FM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) from 1995 to 2024 in the chart:
FM: Gross National Income: Linked Series
FM: Gross National Income: Linked Series data was reported at 508.725 USD mn in 2024. This records an increase from the previous number of 485.469 USD mn for 2023. FM: Gross National Income: Linked Series data is updated yearly, averaging 262.375 USD mn from Sep 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 508.725 USD mn in 2024 and a record low of 170.149 USD mn in 1990. FM: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Micronesia – Table FM.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 508.725 2024 | yearly | 1990 - 2024 |