Micronesia - Changes in net reserves

Reserves and related items (BoP, current US$)

The latest value for Reserves and related items (BoP, current US$) in Micronesia was $10,509,970 as of 2014. Over the past 5 years, the value for this indicator has fluctuated between $25,134,560 in 2011 and $1,354,967 in 2013.

Definition: Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2009 $8,242,948
2010 $4,650,290
2011 $25,134,560
2012 $5,019,487
2013 $1,354,967
2014 $10,509,970

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments