Micronesia Gross Domestic Product: Share of GDP
FM: GDP: % of GDP: Gross Value Added: Industry
FM: GDP: % of GDP: Gross Value Added: Industry data was reported at 4.993 % in 2024. This records a decrease from the previous number of 5.059 % for 2023. FM: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 6.820 % from Sep 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 8.328 % in 2012 and a record low of 3.047 % in 2007. FM: GDP: % of GDP: Gross Value Added: Industry 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: Share of GDP. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;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);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 4.993 2024 | yearly | 1995 - 2024 |
View Micronesia's FM: GDP: % of GDP: Gross Value Added: Industry from 1995 to 2024 in the chart:
Micronesia (Federated States of) FM: GDP: % of GDP: Gross Value Added: Services
FM: GDP: % of GDP: Gross Value Added: Services data was reported at 61.928 % in 2015. This records a decrease from the previous number of 64.085 % for 2014. FM: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 64.085 % from Dec 2003 (Median) to 2015, with 13 observations. The data reached an all-time high of 66.496 % in 2006 and a record low of 57.192 % in 2012. FM: GDP: % of GDP: Gross Value Added: 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: Share of GDP. Services correspond to ISIC divisions 50-99 and 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, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 61.928 2015 | yearly | 2003 - 2015 |