Micronesia FM: GDP: Gross Value Added at Basic Prices
Micronesia 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. Micronesia 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. Micronesia 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);;
View Micronesia's Micronesia FM: GDP: Gross Value Added at Basic Prices from 1983 to 2024 in the chart:
What was Micronesia's Micronesia FM: GDP: Gross Value Added at Basic Prices in 2024?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 439.556 2024 | 425.480 2023 | 100.800 1983 | 439.556 2024 | USD mn | yearly | 1983 - 2024 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 5,410.221 2030 | yearly | 1995 - 2030 |
| Forecast: Nominal GDP Per Capita (USD) | 6,173.930 2030 | yearly | 1995 - 2030 |
| Forecast: Real GDP Growth (%) | 0.662 2030 | yearly | 1996 - 2030 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Government Expenditure (USD bn) | 0.397 2030 | yearly | 1995 - 2030 |
| Forecast: Government Net Debt (USD bn) | 0.014 2030 | yearly | 1995 - 2030 |
| Forecast: Government Revenue (USD bn) | 0.395 2030 | yearly | 1995 - 2030 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Population (Person mn) | 0.095 2030 | yearly | 1995 - 2030 |
| Forecast: Unemployment Rate (%) | 0.000 | yearly | - |
| Inflation | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Consumer Price Index Growth (%) | 2.216 2030 | yearly | 1996 - 2030 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Current Account Balance (USD bn) | -0.030 2030 | yearly | 1995 - 2030 |
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