Micronesia Gross Domestic Product: Purchasing Power Parity
FM: GDP: PPP: 2017 Price
FM: GDP: PPP: 2017 Price data was reported at 372.593 Intl $ mn in 2022. This records a decrease from the previous number of 375.698 Intl $ mn for 2021. FM: GDP: PPP: 2017 Price data is updated yearly, averaging 372.959 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 394.376 Intl $ mn in 2019 and a record low of 288.449 Intl $ mn in 1990. FM: GDP: PPP: 2017 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 372.593 2022 | yearly | 1990 - 2022 |
View Micronesia's FM: GDP: PPP: 2017 Price from 1990 to 2022 in the chart:
FM: GNI per Capita: PPP: 2017 Price
FM: GNI per Capita: PPP: 2017 Price data was reported at 4,001.593 Intl $ in 2017. FM: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 4,001.593 Intl $ from Dec 2017 (Median) to 2017, with 1 observations. The data reached an all-time high of 4,001.593 Intl $ in 2017 and a record low of 4,001.593 Intl $ in 2017. FM: GNI per Capita: PPP: 2017 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: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 4,001.593 2017 | yearly | 2017 - 2017 |
View Micronesia's FM: GNI per Capita: PPP: 2017 Price from 2017 to 2017 in the chart:
FM: GNI: PPP: 2017 Price
FM: GNI: PPP: 2017 Price data was reported at 441.896 Intl $ mn in 2017. FM: GNI: PPP: 2017 Price data is updated yearly, averaging 441.896 Intl $ mn from Dec 2017 (Median) to 2017, with 1 observations. The data reached an all-time high of 441.896 Intl $ mn in 2017 and a record low of 441.896 Intl $ mn in 2017. FM: GNI: PPP: 2017 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: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 441.896 2017 | yearly | 2017 - 2017 |
View Micronesia's FM: GNI: PPP: 2017 Price from 2017 to 2017 in the chart:
GDP: PPP: 2021 Price
GDP: PPP: 2021 Price data was reported at 432.741 Intl $ mn in 2024. This records an increase from the previous number of 429.652 Intl $ mn for 2023. GDP: PPP: 2021 Price data is updated yearly, averaging 402.782 Intl $ mn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 440.515 Intl $ mn in 2021 and a record low of 314.010 Intl $ mn in 1990. GDP: PPP: 2021 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: Purchasing Power Parity. This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; 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);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 432.741 2024 | yearly | 1990 - 2024 |
View Micronesia's GDP: PPP: 2021 Price from 1990 to 2024 in the chart:
GNI per Capita: PPP: 2021 Price
GNI per Capita: PPP: 2021 Price data was reported at 4,409.987 Intl $ in 2021. GNI per Capita: PPP: 2021 Price data is updated yearly, averaging 4,409.987 Intl $ from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 4,409.987 Intl $ in 2021 and a record low of 4,409.987 Intl $ in 2021. GNI per Capita: PPP: 2021 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: Purchasing Power Parity. This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; 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);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 4,409.987 2021 | yearly | 2021 - 2021 |
View Micronesia's GNI per Capita: PPP: 2021 Price from 2021 to 2021 in the chart:
GNI: PPP: 2021 Price
GNI: PPP: 2021 Price data was reported at 492.260 Intl $ mn in 2021. GNI: PPP: 2021 Price data is updated yearly, averaging 492.260 Intl $ mn from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 492.260 Intl $ mn in 2021 and a record low of 492.260 Intl $ mn in 2021. GNI: PPP: 2021 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: Purchasing Power Parity. This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; 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);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 492.260 2021 | yearly | 2021 - 2021 |