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GOAL 8: Decent Work and Economic Growth in Micronesia (country)

Micronesia (country): GOAL 8: Decent Work and Economic Growth was 0.5 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.5 5 year moving average
Change on year
up 12.6%
World rank
162nd
of 215 countries
All-time high
0.5 5 year moving average
in 2021
All-time low
0.125 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Micronesia (country), 2004–2023

0.10.20.30.40.52004201320232004: 0.125 5 year moving average2005: 0.222 5 year moving average2006: 0.222 5 year moving average2007: 0.222 5 year moving average2008: 0.2 5 year moving average2009: 0.2 5 year moving average2010: 0.182 5 year moving average2011: 0.167 5 year moving average2012: 0.167 5 year moving average2013: 0.167 5 year moving average2014: 0.333 5 year moving average2015: 0.333 5 year moving average2016: 0.333 5 year moving average2017: 0.333 5 year moving average2018: 0.333 5 year moving average2019: 0.154 5 year moving average2020: 0.231 5 year moving average2021: 0.5 5 year moving average2022: 0.444 5 year moving average2023: 0.5 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

Micronesia (country) recorded 0.5 5 year moving average for goal 8: decent work and economic growth in 2023. That is the highest value across all 20 years on record.

The figure is up 12.6% on the previous year and up 199.4% over ten years.

Over the whole period, goal 8: decent work and economic growth in Micronesia (country) peaked at 0.5 5 year moving average in 2021 and was at its lowest, 0.125 5 year moving average, in 2004.

Micronesia (country) ranks 162nd of 215 countries on this measure, in the bottom quarter.

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

GOAL 8: Decent Work and Economic Growth in Micronesia (country), year by year

Year 5 year moving average Change
2004 0.125 5 year moving average —
2005 0.222 5 year moving average +77.6%
2006 0.222 5 year moving average +0.0%
2007 0.222 5 year moving average +0.0%
2008 0.2 5 year moving average -9.9%
2009 0.2 5 year moving average +0.0%
2010 0.182 5 year moving average -9.0%
2011 0.167 5 year moving average -8.2%
2012 0.167 5 year moving average +0.0%
2013 0.167 5 year moving average +0.0%
2014 0.333 5 year moving average +99.4%
2015 0.333 5 year moving average +0.0%
2016 0.333 5 year moving average +0.0%
2017 0.333 5 year moving average +0.0%
2018 0.333 5 year moving average +0.0%
2019 0.154 5 year moving average -53.8%
2020 0.231 5 year moving average +50.0%
2021 0.5 5 year moving average +116.5%
2022 0.444 5 year moving average -11.2%
2023 0.5 5 year moving average +12.6%

Micronesia (country) compared with similar countries

  • Micronesia (country)'s 0.5 5 year moving average is below the median for upper middle income countries, which is 0.875 5 year moving average, 57% of the median. (58 countries reporting)
  • Micronesia (country)'s 0.5 5 year moving average is below the median for East Asia & Pacific, which is 0.75 5 year moving average, 67% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where GOAL 8: Decent Work and Economic Growth in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +116.5% 0.231 5 year moving average 0.5 5 year moving average
2014 +99.4% 0.167 5 year moving average 0.333 5 year moving average
2005 +77.6% 0.125 5 year moving average 0.222 5 year moving average

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1985 5 year moving average 0.125 5 year moving average 0.222 5 year moving average 6
2010s 0.2502 5 year moving average 0.154 5 year moving average 0.333 5 year moving average 10
2020s 0.4188 5 year moving average 0.231 5 year moving average 0.5 5 year moving average 4

Countries ranked near Micronesia (country)

  1. 162 Antigua and Barbuda 0.5 5 year moving average compare
  2. 162 Barbados 0.5 5 year moving average compare
  3. 162 Curacao 0.5 5 year moving average compare
  4. 162 Djibouti 0.5 5 year moving average compare
  5. 162 Dominica 0.5 5 year moving average compare
  6. 162 Equatorial Guinea 0.5 5 year moving average compare
  7. 162 Fiji 0.5 5 year moving average compare
  8. 162 Gabon 0.5 5 year moving average compare
  9. 162 Guinea-Bissau 0.5 5 year moving average compare
  10. 162 Haiti 0.5 5 year moving average compare
  11. 162 Libya 0.5 5 year moving average compare
  12. 162 Macao 0.5 5 year moving average compare
  13. 162 New Caledonia 0.5 5 year moving average compare
  14. 162 Oman 0.5 5 year moving average compare
  15. 162 Qatar 0.5 5 year moving average compare
  16. 162 Samoa 0.5 5 year moving average compare
  17. 162 San Marino 0.5 5 year moving average compare
  18. 162 Sao Tome and Principe 0.5 5 year moving average compare
  19. 162 Sierra Leone 0.5 5 year moving average compare
  20. 162 Solomon Islands 0.5 5 year moving average compare
  21. 162 Saint Vincent and the Grenadines 0.5 5 year moving average compare
  22. 162 Suriname 0.5 5 year moving average compare
  23. 162 Yemen 0.5 5 year moving average 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 goal 8: decent work and economic growth in Micronesia (country)?
Goal 8: decent work and economic growth in Micronesia (country) was 0.5 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Micronesia (country)?
The highest recorded value was 0.5 5 year moving average in 2021.
What is the lowest goal 8: decent work and economic growth recorded in Micronesia (country)?
The lowest recorded value was 0.125 5 year moving average in 2004.
How does Micronesia (country) rank for goal 8: decent work and economic growth?
Micronesia (country) ranks 162nd out of 215 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Micronesia (country)?
Over the last ten years it is up 199.4%. 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 GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 8: Decent Work and Economic Growth in Micronesia (country). Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/micronesia-fed-sts/

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<a href="https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/micronesia-fed-sts/">GOAL 8: Decent Work and Economic Growth in Micronesia (country)</a> — Statizoid

About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
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

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database