Africa's Development Dynamics (AfDD) Table 20 - External financial in Micronesia
Micronesia: Africa's Development Dynamics (AfDD) Table 20 - External financial was 34.95 Percentage of GDP in 2022. ▼ Falling
Africa's Development Dynamics (AfDD) Table 20 - External financial in Micronesia, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2022, africa's development dynamics (afdd) table 20 - external financial in Micronesia stood at 34.95 Percentage of GDP.
Compared with earlier readings it is up 4.2% on the previous year and down 21.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 20 - external financial in Micronesia peaked at 57.28 Percentage of GDP in 2001 and was at its lowest, 15.63 Percentage of GDP, in 2016.
Micronesia ranks 1st of 42 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 23 years of available data.
Africa's Development Dynamics (AfDD) Table 20 - External financial in Micronesia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 42.45 Percentage of GDP | — |
| 2001 | 57.28 Percentage of GDP | +34.9% |
| 2002 | 46.59 Percentage of GDP | -18.7% |
| 2003 | 46.59 Percentage of GDP | +0.0% |
| 2004 | 36.24 Percentage of GDP | -22.2% |
| 2005 | 42.63 Percentage of GDP | +17.6% |
| 2006 | 42.74 Percentage of GDP | +0.3% |
| 2007 | 44.33 Percentage of GDP | +3.7% |
| 2008 | 35.3 Percentage of GDP | -20.4% |
| 2009 | 44.02 Percentage of GDP | +24.7% |
| 2010 | 21.94 Percentage of GDP | -50.2% |
| 2011 | 42.58 Percentage of GDP | +94.1% |
| 2012 | 44.38 Percentage of GDP | +4.2% |
| 2013 | 45.78 Percentage of GDP | +3.2% |
| 2014 | 37.27 Percentage of GDP | -18.6% |
| 2015 | 26.24 Percentage of GDP | -29.6% |
| 2016 | 15.63 Percentage of GDP | -40.4% |
| 2017 | 27.35 Percentage of GDP | +75.0% |
| 2018 | 25.22 Percentage of GDP | -7.8% |
| 2019 | 23.51 Percentage of GDP | -6.8% |
| 2020 | 46.12 Percentage of GDP | +96.2% |
| 2021 | 33.53 Percentage of GDP | -27.3% |
| 2022 | 34.95 Percentage of GDP | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.82 Percentage of GDP | 35.3 Percentage of GDP | 57.28 Percentage of GDP | 10 |
| 2010s | 30.99 Percentage of GDP | 15.63 Percentage of GDP | 45.78 Percentage of GDP | 10 |
| 2020s | 38.2 Percentage of GDP | 33.53 Percentage of GDP | 46.12 Percentage of GDP | 3 |
Countries ranked near Micronesia
- 1 Fiji 7.19 Percentage of GDP compare
- 1 Tuvalu 107.35 Percentage of GDP compare
- 2 Lesotho 6.59 Percentage of GDP compare
- 2 Tonga 59.3 Percentage of GDP compare
- 3 Madagascar 6.54 Percentage of GDP compare
- 3 Marshall Islands 54.23 Percentage of GDP compare
- 4 Kiribati 33.57 Percentage of GDP compare
- 4 Moldova 6.08 Percentage of GDP compare
More reference data data for Micronesia
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- Exposure to extreme temperature — Annual temperature change 0.5083 Degrees celsius (2023)
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Frequently asked questions
- What is africa's development dynamics (afdd) table 20 - external financial in Micronesia?
- Africa's development dynamics (afdd) table 20 - external financial in Micronesia was 34.95 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 20 - external financial recorded in Micronesia?
- The highest recorded value was 57.28 Percentage of GDP in 2001.
- What is the lowest africa's development dynamics (afdd) table 20 - external financial recorded in Micronesia?
- The lowest recorded value was 15.63 Percentage of GDP in 2016.
- How does Micronesia rank for africa's development dynamics (afdd) table 20 - external financial?
- Micronesia ranks 1st out of 42 countries with data for 2022.
- Is africa's development dynamics (afdd) table 20 - external financial rising or falling in Micronesia?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
- Where does this Micronesia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 20 - External financial inflows — Net Official Development Assistance (ODA) inflows. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 20 shows indicators of external financial flows in US dollars and as a percentage of GDP, including foreign direct investment, portfolio investment, net official development assistance, and remittances.