CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

  1. Countries data: Demographic and economy

Country comparison Norway vs Federated States of Micronesia

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Annual GDP at market prices Norway vs Federated States of Micronesia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q420,093K
Annual GDP [+]2023€448,904Mchart€403M2022Annual GDP [+]
Annual GDP [+]2023$485,400Mchart$424M2022Annual GDP [+]
GDP per capita [+]2023€81,000chart€3,5592022GDP per capita [+]
GDP per capita [+]2023$88,432chart$3,7482022GDP per capita [+]
Quarterly GDP [+]2023Q4€110,290M
Debt (M.€.) [+]2022204,093chart532021Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart632021Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart15.49%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€4712021Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$5572021Debt Per Capita [+]
Deficit (M.€) [+]2022144,437chart152021Deficit (M.€) [+]
Deficit ($M) [+]2022146,855chart182021Deficit ($M) [+]
Deficit (%GDP) [+]202225.60%chart4.52%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]2022216,572.0chart217.12021Expenditure (M.€) [+]
Expenditure ($M) [+]2022223,179.0chart257.02021Expenditure ($M) [+]
Education Expenditure (M.€) [+]201828,486.4chart33.02018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201833,404.8chart39.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201815.92%chart18.11%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart10.42017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]199810,567,578,428.2chart11.72017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201717.88%chart4.95%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2
Defence Expenditure ($M) [+]20229,489.0
Defence Expenditure (%Bud.) [+]20223.78%
Expenditure (%GDP) [+]202238.40%chart63.33%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€39,456chart€1,9192021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$40,659chart$2,2722021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€5,362chart€3162018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$6,274chart$3742018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€972017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$6,783chart$1102017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696
Defence Expenditure P.C. [+]2022$1,733
Moody's Rating [+]05/06/2022Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202284
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3chart74.42018Fragile States Index [+]
RTI Raking [+]202281º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]February 20243.6%
Unemployment rate [+]2023Q43.5%
Unemployed [+]2023Q4106K
Average Wage [+]2022$69,430
Average Wage [+]2022€65,935
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]04/17/202411.6960
US Dollar exchange rate [+]04/15/202410.9103
10-Year Bond Yield [+]04/18/20243.82%
Risk Premium [+]04/18/2024133
Stock ExchangeYTD % [+]04/17/20243.15%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]March 20243.6%
PPI Year on Year [+]March 20242.8%
Money Market
Key rates [+]12/15/20234.50%
Business
Doing Business [+]20209ºchart158º2020Doing Business [+]
IPI Year on Year [+]February 20241.9%
Passengers vehicles Year [+]December 2022174,329
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202243.6%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20195,879,000chart19,2002018Annual arrivals [+]
Exports [+]2023€164,256.8Mchart€60.0M2021Exports [+]
Exports [+]2023$177,610.9Mchart$71.0M2021Exports [+]
Exports % GDP [+]202336.59%chart17.57%2021Exports % GDP [+]
Imports [+]2023€89,425.4Mchart€137.8M2021Imports [+]
Imports [+]2023$96,695.7Mchart$163.0M2021Imports [+]
Imports % GDP [+]202319.92%chart40.34%2021Imports % GDP [+]
Trade balance [+]2023€74,831.4Mchart€-77.8M2021Trade balance [+]
Trade balance [+]2023$80,915.2Mchart$-92.0M2021Trade balance [+]
Trade balance % GDP [+]202316.67%chart-22.77%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.9%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20229chart1622021Density [+]
Global Peace Ranking [+]202324º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1chart24.02017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart2.53%2020% Immigrant [+]
% Emigrant [+]20203.55%chart22.25%2020% Emigrant [+]
Birth Rate [+]20229.40‰chart20.78‰2021Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart6.22017Remittance sent ($M) [+]
Crude death rate [+]20228.40‰chart6.21‰2021Crude death rate [+]
Fertility Rate [+]20221.41chart2.712021Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202212.2%chart41.2%2013% risk of poverty [+]
Population [+]20225,488,984chart113,1312021Population [+]
Immigrant stock [+]2020852,238chart2,8322020Immigrant stock [+]
Emigrant stock [+]2020191,392chart24,9452020Emigrant stock [+]
HDI [+]20210.961chart0.6282021HDI [+]
Gender Gap Ranking [+]20232º
Life expectancy [+]202282.50chart70.712021Life expectancy [+]
Suicides [+]2021657chart122015Suicides [+]
Suicide rate [+]202111.93chart11.282015Suicide rate [+]
Number of homicides [+]202230chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart0.902019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20217.70
Annual crude oil production [+]20221,704
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2021130,843
Generation GWh [+]2021157,503
Others
COVID-19 - Deaths [+]03/31/20245,732chart6503/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20241,507,196chart26,54703/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726
COVID-19 - Deaths per million population [+]03/31/20241,044.27chart574.5603/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart77,14211/04/2021Doses administered [+]
Norway
Federated States of Micronesia
  • Capital: Palikir
  • Population: 113,131
  • Surface Area: 700 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF