Merchandise exports by the reporting economy (current US$), per unit in Micronesia, Federated States of

Micronesia, Federated States of: Merchandise exports by the reporting economy (current US$), per unit was 0.5296 current US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.5296 current US$ per US$ of GDP
Change on year
down 7.0%
World rank
24th
of 202 countries
All-time high
0.6015 current US$ per US$ of GDP
in 2021
All-time low
0.0129 current US$ per US$ of GDP
in 2005
Years of data
24
2000–2023

Merchandise exports by the reporting economy (current US$), per unit in Micronesia, Federated States of, 2000–2023

00.20.40.62000201120232000: 0.028 current US$ per US$ of GDP2001: 0.028 current US$ per US$ of GDP2002: 0.034 current US$ per US$ of GDP2003: 0.034 current US$ per US$ of GDP2004: 0.032 current US$ per US$ of GDP2005: 0.013 current US$ per US$ of GDP2006: 0.016 current US$ per US$ of GDP2007: 0.034 current US$ per US$ of GDP2008: 0.016 current US$ per US$ of GDP2009: 0.018 current US$ per US$ of GDP2010: 0.018 current US$ per US$ of GDP2011: 0.022 current US$ per US$ of GDP2012: 0.154 current US$ per US$ of GDP2013: 0.07 current US$ per US$ of GDP2014: 0.058 current US$ per US$ of GDP2015: 0.056 current US$ per US$ of GDP2016: 0.151 current US$ per US$ of GDP2017: 0.299 current US$ per US$ of GDP2018: 0.449 current US$ per US$ of GDP2019: 0.559 current US$ per US$ of GDP2020: 0.478 current US$ per US$ of GDP2021: 0.601 current US$ per US$ of GDP2022: 0.57 current US$ per US$ of GDP2023: 0.53 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Micronesia, Federated States of recorded 0.5296 current US$ per US$ of GDP for merchandise exports by the reporting economy (current us$), per unit in 2023.

The figure is down 7.0% on the previous year and up 651.6% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Micronesia, Federated States of peaked at 0.6015 current US$ per US$ of GDP in 2021 and was at its lowest, 0.0129 current US$ per US$ of GDP, in 2005.

That places Micronesia, Federated States of 24th out of 202 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$), per unit in Micronesia, Federated States of, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Micronesia, Federated States of, 2000 to 2023.
Year current US$ per US$ of GDP Change
2000 0.0279 current US$ per US$ of GDP
2001 0.0278 current US$ per US$ of GDP -0.1%
2002 0.0343 current US$ per US$ of GDP +23.3%
2003 0.0342 current US$ per US$ of GDP -0.5%
2004 0.0324 current US$ per US$ of GDP -5.2%
2005 0.0129 current US$ per US$ of GDP -60.0%
2006 0.0162 current US$ per US$ of GDP +25.3%
2007 0.0336 current US$ per US$ of GDP +107.1%
2008 0.0161 current US$ per US$ of GDP -52.0%
2009 0.0178 current US$ per US$ of GDP +10.3%
2010 0.0182 current US$ per US$ of GDP +2.5%
2011 0.0221 current US$ per US$ of GDP +21.4%
2012 0.1542 current US$ per US$ of GDP +596.9%
2013 0.0705 current US$ per US$ of GDP -54.3%
2014 0.0575 current US$ per US$ of GDP -18.4%
2015 0.0563 current US$ per US$ of GDP -2.1%
2016 0.1511 current US$ per US$ of GDP +168.2%
2017 0.2987 current US$ per US$ of GDP +97.7%
2018 0.4488 current US$ per US$ of GDP +50.3%
2019 0.5589 current US$ per US$ of GDP +24.5%
2020 0.4776 current US$ per US$ of GDP -14.5%
2021 0.6015 current US$ per US$ of GDP +25.9%
2022 0.5695 current US$ per US$ of GDP -5.3%
2023 0.5296 current US$ per US$ of GDP -7.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0253 current US$ per US$ of GDP 0.0129 current US$ per US$ of GDP 0.0343 current US$ per US$ of GDP 10
2010s 0.1836 current US$ per US$ of GDP 0.0182 current US$ per US$ of GDP 0.5589 current US$ per US$ of GDP 10
2020s 0.5445 current US$ per US$ of GDP 0.4776 current US$ per US$ of GDP 0.6015 current US$ per US$ of GDP 4

Countries ranked near Micronesia, Federated States of

  1. 21 North Macedonia 0.5673 current US$ per US$ of GDP compare
  2. 22 Thailand 0.5422 current US$ per US$ of GDP compare
  3. 23 Lithuania 0.5323 current US$ per US$ of GDP compare
  4. 25 Latvia 0.5274 current US$ per US$ of GDP compare
  5. 26 Lao People's Democratic Republic 0.5224 current US$ per US$ of GDP compare
  6. 27 Congo 0.5211 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Micronesia, Federated States of

All data for Micronesia, Federated States of →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Micronesia, Federated States of?
Merchandise exports by the reporting economy (current us$), per unit in Micronesia, Federated States of was 0.5296 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Micronesia, Federated States of?
The highest recorded value was 0.6015 current US$ per US$ of GDP in 2021.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Micronesia, Federated States of?
The lowest recorded value was 0.0129 current US$ per US$ of GDP in 2005.
How does Micronesia, Federated States of rank for merchandise exports by the reporting economy (current us$), per unit?
Micronesia, Federated States of ranks 24th out of 202 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Micronesia, Federated States of?
Over the last ten years it is up 651.6%. The long-run trend across the full record is volatile.
Where does this Micronesia, Federated States of data come from?
The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), per unit in Micronesia, Federated States of. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/micronesia-fed-sts/

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How this figure is calculated

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.