Dimension 3.2: Economic Statistics in Micronesia (country)

Micronesia (country): Dimension 3.2: Economic Statistics was 0.6347 in 2023. ▲ Rising

Latest (2023)
0.6347
Change on year
down 3.0%
World rank
182nd
of 215 countries
All-time high
0.6763
in 2021
All-time low
0.3138
in 2004
Years of data
20
2004–2023

Dimension 3.2: Economic Statistics in Micronesia (country), 2004–2023

00.20.40.62004201320232004: 0.3142005: 0.3582006: 0.3582007: 0.3582008: 0.3542009: 0.3542010: 0.3212011: 0.3442012: 0.3442013: 0.3442014: 0.392015: 0.4312016: 0.4482017: 0.4482018: 0.4672019: 0.4182020: 0.5542021: 0.6762022: 0.6542023: 0.635

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

In 2023, dimension 3.2: economic statistics in Micronesia (country) stood at 0.6347.

That represents a change of down 3.0% on the previous year and up 84.8% over ten years.

Over the whole period, dimension 3.2: economic statistics in Micronesia (country) peaked at 0.6763 in 2021 and was at its lowest, 0.3138, in 2004.

That places Micronesia (country) 182nd out of 215 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Dimension 3.2: Economic Statistics in Micronesia (country), year by year

Annual values for Dimension 3.2: Economic Statistics in Micronesia (country), 2004 to 2023.
Year Value Change
2004 0.3138 —
2005 0.3578 +14.0%
2006 0.3578 +0.0%
2007 0.3578 +0.0%
2008 0.3542 -1.0%
2009 0.3542 +0.0%
2010 0.321 -9.4%
2011 0.3435 +7.0%
2012 0.3435 +0.0%
2013 0.3435 +0.0%
2014 0.3897 +13.4%
2015 0.4313 +10.7%
2016 0.448 +3.9%
2017 0.448 +0.0%
2018 0.4665 +4.1%
2019 0.4182 -10.4%
2020 0.554 +32.5%
2021 0.6763 +22.1%
2022 0.6545 -3.2%
2023 0.6347 -3.0%

Micronesia (country) compared with similar countries

  • Micronesia (country)'s 0.6347 is below the median for upper middle income countries, which is 0.8618, 74% of the median. (58 countries reporting)
  • Micronesia (country)'s 0.6347 is below the median for East Asia & Pacific, which is 0.7513, 84% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3493 0.3138 0.3578 6
2010s 0.3953 0.321 0.4665 10
2020s 0.6299 0.554 0.6763 4

Countries ranked near Micronesia (country)

  1. 179 Sao Tome and Principe 0.6638 compare
  2. 180 Syria 0.657 compare
  3. 181 Grenada 0.6555 compare
  4. 183 Barbados 0.6333 compare
  5. 184 Eritrea 0.6305 compare
  6. 185 Bahrain 0.6222 compare

See the full ranking of 215 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is dimension 3.2: economic statistics in Micronesia (country)?
Dimension 3.2: economic statistics in Micronesia (country) was 0.6347 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 3.2: economic statistics recorded in Micronesia (country)?
The highest recorded value was 0.6763 in 2021.
What is the lowest dimension 3.2: economic statistics recorded in Micronesia (country)?
The lowest recorded value was 0.3138 in 2004.
How does Micronesia (country) rank for dimension 3.2: economic statistics?
Micronesia (country) ranks 182nd out of 215 countries with data for 2023.
Is dimension 3.2: economic statistics rising or falling in Micronesia (country)?
Over the last ten years it is up 84.8%. The long-run trend across the full record is rising.
Where does this Micronesia (country) data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 3.2: Economic Statistics. Statizoid updates them automatically from the source API.

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Dimension 3.2: Economic Statistics in Micronesia (country). Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 24 September 2026, from https://reference.statizoid.com/stat/dimension-3-2-economic-statistics/micronesia-fed-sts/

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About this data

Indicator
Dimension 3.2: Economic Statistics
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

Average score for Goal 7-12 indicators. See 3.1.