Current account balance (credit less debit), Net (credits less debits) in Micronesia, Federated States of
Micronesia, Federated States of: Current account balance (credit less debit), Net (credits less debits) was 22.41 million in 2014. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Micronesia, Federated States of, 2009–2014
Source: International Monetary Fund.
Analysis
In 2014, current account balance (credit less debit), net (credits less debits) in Micronesia, Federated States of stood at 22.41 million. That is the highest value across all 6 years on record.
The figure is up 1,131.0% on the previous year and up 158.6% over ten years.
Micronesia, Federated States of ranks 81st of 198 countries on this measure, in the middle of the range.
Current account balance (credit less debit), Net (credits less debits) in Micronesia, Federated States of, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | -38.25 million | — |
| 2010 | -24.57 million | -35.8% |
| 2011 | -44.22 million | +80.0% |
| 2012 | -23.83 million | -46.1% |
| 2013 | -2.17 million | -90.9% |
| 2014 | 22.41 million | -1131.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -38.25 million | -38.25 million | -38.25 million | 1 |
| 2010s | -14.48 million | -44.22 million | 22.41 million | 5 |
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 current account balance (credit less debit), net (credits less debits) in Micronesia, Federated States of?
- Current account balance (credit less debit), net (credits less debits) in Micronesia, Federated States of was 22.41 million in 2014, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Micronesia, Federated States of?
- The highest recorded value was 22.41 million in 2014.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Micronesia, Federated States of?
- The lowest recorded value was -44.22 million in 2011.
- How does Micronesia, Federated States of rank for current account balance (credit less debit), net (credits less debits)?
- Micronesia, Federated States of ranks 81st out of 198 countries with data for 2014.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 158.6%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.