Broad money growth in Micronesia, Federated States of
Micronesia, Federated States of: Broad money growth was 15.4% in 2021. ◆ Volatile
Broad money growth in Micronesia, Federated States of, 1996–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Micronesia, Federated States of recorded 15.4% for broad money growth in 2021.
The figure is down 1.3% on the previous year and up 290.8% over ten years.
Over the whole period, broad money growth in Micronesia, Federated States of peaked at 33.3% in 2014 and was at its lowest, -12.0%, in 2002.
Micronesia, Federated States of ranks 39th of 166 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Micronesia, Federated States of, year by year
| Year | annual % | Change |
|---|---|---|
| 1996 | -5.8% | — |
| 1997 | 3.8% | -165.8% |
| 1998 | 0.7% | -81.2% |
| 1999 | 3.4% | +372.8% |
| 2000 | -1.0% | -128.2% |
| 2001 | 6.0% | -724.4% |
| 2002 | -12.0% | -300.5% |
| 2003 | -3.7% | -68.7% |
| 2004 | -0.1% | -98.5% |
| 2005 | 1.6% | -2963.4% |
| 2006 | -8.5% | -624.4% |
| 2007 | 4.6% | -154.0% |
| 2008 | 3.2% | -29.3% |
| 2009 | 16.3% | +404.7% |
| 2010 | -0.1% | -100.4% |
| 2011 | 3.9% | -6260.1% |
| 2012 | 13.9% | +251.6% |
| 2013 | 8.1% | -41.4% |
| 2014 | 33.3% | +309.9% |
| 2015 | -8.3% | -124.9% |
| 2016 | 22.0% | -365.9% |
| 2017 | 10.7% | -51.3% |
| 2018 | 2.3% | -78.3% |
| 2019 | 1.0% | -56.6% |
| 2020 | 15.6% | +1444.3% |
| 2021 | 15.4% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | -5.8% | 3.8% | 4 |
| 2000s | 0.6% | -12.0% | 16.3% | 10 |
| 2010s | 8.7% | -8.3% | 33.3% | 10 |
| 2020s | 15.5% | 15.4% | 15.6% | 2 |
Countries ranked near Micronesia, Federated States of
More financial sector data for Micronesia, Federated States of
- Net domestic credit (current LCU), per capita 66.38 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 0.0189 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 101.67 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 0 SDR (2021)
- Gold reserves at market value 0 SDR (2021)
- Reserves excluding gold, foreign exchange 342.24 million SDR (2021)
- Reserves excluding gold 355.41 million SDR (2021)
- Total reserves (gold at market value) 355.41 million SDR (2021)
- Total reserves (gold at national valuation) 355.41 million SDR (2021)
- Total reserves (gold at national valuation) (SDR), per capita 3,184 SDR per person (2021)
Frequently asked questions
- What is broad money growth in Micronesia, Federated States of?
- Broad money growth in Micronesia, Federated States of was 15.4% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Micronesia, Federated States of?
- The highest recorded value was 33.3% in 2014.
- What is the lowest broad money growth recorded in Micronesia, Federated States of?
- The lowest recorded value was -12.0% in 2002.
- How does Micronesia, Federated States of rank for broad money growth?
- Micronesia, Federated States of ranks 39th out of 166 countries with data for 2021.
- Is broad money growth rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 290.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.