Gross Domestic Product of Federated States of Micronesia fell -2.8% in 2020 compared to last year. This rate is 40 -tenths of one percent less than the previous year, when changed 1.2%.
The GDP figure in 2020 was €357$408 million, Federated States of Micronesia is number 191 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Federated States of Micronesia dropped €11$8 million with respect to 2019.
The GDP per capita of Federated States of Micronesia in 2020 was €3,186$3,639, €118$96 less than in 2019, when it was €3,304$3,735. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Federated States of Micronesia was €2,176$2,887.
If we order the countries according to their GDP per capita, Federated States of Micronesia is in 123th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Federated States of Micronesia. You can see GDP in other countries in GDP and see all the economic information about Federated States of Micronesia in Federated States of Micronesia's economy.