Micronesia - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Micronesia was $3,565 as of 2020. Over the past 37 years, the value for this indicator has fluctuated between $3,585 in 2019 and $1,277 in 1986.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1983 $1,321
1986 $1,277
1987 $1,297
1988 $1,356
1989 $1,437
1990 $1,528
1991 $1,683
1992 $1,757
1993 $1,910
1994 $1,910
1995 $2,060
1996 $2,018
1997 $1,905
1998 $2,023
1999 $2,043
2000 $2,172
2001 $2,248
2002 $2,266
2003 $2,296
2004 $2,253
2005 $2,358
2006 $2,406
2007 $2,459
2008 $2,541
2009 $2,722
2010 $2,885
2011 $3,009
2012 $3,131
2013 $2,995
2014 $2,972
2015 $2,907
2016 $3,015
2017 $3,290
2018 $3,568
2019 $3,585
2020 $3,565

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Micronesia was 3,565 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 3,585 in 2019 and a minimum value of 1,277 in 1986.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1983 1,321
1986 1,277
1987 1,297
1988 1,356
1989 1,437
1990 1,528
1991 1,683
1992 1,757
1993 1,910
1994 1,910
1995 2,060
1996 2,018
1997 1,905
1998 2,023
1999 2,043
2000 2,172
2001 2,248
2002 2,266
2003 2,296
2004 2,253
2005 2,358
2006 2,406
2007 2,459
2008 2,541
2009 2,722
2010 2,885
2011 3,009
2012 3,131
2013 2,995
2014 2,972
2015 2,907
2016 3,015
2017 3,290
2018 3,568
2019 3,585
2020 3,565

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Micronesia was 2,839 as of 2020. Over the past 34 years, the value for this indicator has fluctuated between 3,167 in 2011 and 2,454 in 1987.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1986 2,482
1987 2,454
1988 2,461
1989 2,492
1990 2,525
1991 2,645
1992 2,680
1993 2,828
1994 2,756
1995 2,908
1996 2,796
1997 2,622
1998 2,704
1999 2,752
2000 2,895
2001 2,964
2002 2,984
2003 3,035
2004 2,949
2005 3,023
2006 3,042
2007 3,013
2008 2,966
2009 3,015
2010 3,085
2011 3,167
2012 3,076
2013 2,923
2014 2,815
2015 2,907
2016 2,897
2017 2,942
2018 2,917
2019 2,921
2020 2,839

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Micronesia was 2,170 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 2,420 in 2011 and a minimum value of 1,875 in 1987.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1986 1,896
1987 1,875
1988 1,881
1989 1,904
1990 1,929
1991 2,021
1992 2,048
1993 2,161
1994 2,106
1995 2,222
1996 2,136
1997 2,004
1998 2,066
1999 2,103
2000 2,212
2001 2,265
2002 2,280
2003 2,319
2004 2,253
2005 2,310
2006 2,325
2007 2,302
2008 2,266
2009 2,304
2010 2,357
2011 2,420
2012 2,350
2013 2,234
2014 2,151
2015 2,221
2016 2,214
2017 2,248
2018 2,229
2019 2,232
2020 2,170

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Micronesia was 3,553 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,612 in 2019 and 1,770 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,770
1991 1,916
1992 1,986
1993 2,145
1994 2,136
1995 2,301
1996 2,252
1997 2,150
1998 2,242
1999 2,315
2000 2,489
2001 2,605
2002 2,664
2003 2,759
2004 2,754
2005 2,911
2006 3,018
2007 3,069
2008 3,080
2009 3,155
2010 3,266
2011 3,422
2012 3,388
2013 3,276
2014 3,214
2015 3,350
2016 3,374
2017 3,490
2018 3,544
2019 3,612
2020 3,553

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Micronesia was 3,369 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,757 in 2011 and 2,996 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 2,996
1991 3,137
1992 3,179
1993 3,355
1994 3,270
1995 3,450
1996 3,317
1997 3,111
1998 3,207
1999 3,265
2000 3,434
2001 3,516
2002 3,540
2003 3,600
2004 3,498
2005 3,586
2006 3,609
2007 3,574
2008 3,518
2009 3,577
2010 3,660
2011 3,757
2012 3,649
2013 3,468
2014 3,340
2015 3,448
2016 3,437
2017 3,490
2018 3,461
2019 3,466
2020 3,369

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts