Financial Development Index in Micronesia (country)
Micronesia (country): Financial Development Index was 0.0559 in 2020. ◆ Volatile
Financial Development Index in Micronesia (country), 1980–2020
Source: International Monetary Fund.
Analysis
Micronesia (country) recorded 0.0559 for financial development index in 2020.
Compared with earlier readings it is down 0.9% on the previous year and down 2.4% over ten years.
Over the whole period, financial development index in Micronesia (country) peaked at 0.0716 in 1995 and was at its lowest, 0, in 1980.
Micronesia (country) ranks 179th of 183 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0.0716 | — |
| 1996 | 0.0664 | -7.2% |
| 1997 | 0.066 | -0.6% |
| 1998 | 0.0676 | +2.4% |
| 1999 | 0.0688 | +1.9% |
| 2000 | 0.0694 | +0.8% |
| 2001 | 0.0632 | -8.8% |
| 2002 | 0.0488 | -22.9% |
| 2003 | 0.042 | -13.9% |
| 2004 | 0.0434 | +3.4% |
| 2005 | 0.0438 | +0.8% |
| 2006 | 0.0451 | +3.0% |
| 2007 | 0.0472 | +4.6% |
| 2008 | 0.0463 | -1.9% |
| 2009 | 0.0521 | +12.6% |
| 2010 | 0.0573 | +10.0% |
| 2011 | 0.0566 | -1.2% |
| 2012 | 0.0612 | +8.1% |
| 2013 | 0.0588 | -3.9% |
| 2014 | 0.0584 | -0.8% |
| 2015 | 0.0581 | -0.5% |
| 2016 | 0.0571 | -1.7% |
| 2017 | 0.0561 | -1.7% |
| 2018 | 0.0546 | -2.7% |
| 2019 | 0.0564 | +3.3% |
| 2020 | 0.0559 | -0.9% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.0559 is below the median for upper middle income countries, which is 0.2539, 22% of the median. (54 countries reporting)
- Micronesia (country)'s 0.0559 is below the median for East Asia & Pacific, which is 0.3228, 17% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.034 | 0 | 0.0716 | 10 |
| 2000s | 0.0501 | 0.042 | 0.0694 | 10 |
| 2010s | 0.0575 | 0.0546 | 0.0612 | 10 |
| 2020s | 0.0559 | 0.0559 | 0.0559 | 1 |
Countries ranked near Micronesia (country)
- 176 Eritrea 0.0819 compare
- 177 Sierra Leone 0.0738 compare
- 178 French Polynesia 0.07 compare
- 180 Comoros 0.052 compare
- 181 South Sudan 0.0485 compare
- 182 Democratic Republic of Congo 0.0451 compare
More financial sector data for Micronesia (country)
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Micronesia (country)?
- Financial development index in Micronesia (country) was 0.0559 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Micronesia (country)?
- The highest recorded value was 0.0716 in 1995.
- What is the lowest financial development index recorded in Micronesia (country)?
- The lowest recorded value was 0 in 1980.
- How does Micronesia (country) rank for financial development index?
- Micronesia (country) ranks 179th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Micronesia (country)?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.