Net domestic credit (current LCU), annual growth rate in Micronesia (country)
Micronesia (country): Net domestic credit (current LCU), annual growth rate was 101.67 % change on previous year in 2021. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Micronesia (country), 1996–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, net domestic credit (current lcu), annual growth rate in Micronesia (country) stood at 101.67 % change on previous year. That is the highest value across all 26 years on record.
The figure is up 598.2% on the previous year and up 440.6% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Micronesia (country) peaked at 101.67 % change on previous year in 2021 and was at its lowest, -102.31 % change on previous year, in 2019.
That places Micronesia (country) 3rd out of 186 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Micronesia (country), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -42.71 % change on previous year | — |
| 1997 | 7.53 % change on previous year | -117.6% |
| 1998 | -13.57 % change on previous year | -280.2% |
| 1999 | 15.04 % change on previous year | -210.8% |
| 2000 | -12.52 % change on previous year | -183.3% |
| 2001 | 26.11 % change on previous year | -308.6% |
| 2002 | -54.83 % change on previous year | -310.0% |
| 2003 | 7.93 % change on previous year | -114.5% |
| 2004 | 30.7 % change on previous year | +287.0% |
| 2005 | 14.89 % change on previous year | -51.5% |
| 2006 | -10.44 % change on previous year | -170.1% |
| 2007 | -12.18 % change on previous year | +16.6% |
| 2008 | 42.43 % change on previous year | -448.5% |
| 2009 | -50.12 % change on previous year | -218.1% |
| 2010 | 33.43 % change on previous year | -166.7% |
| 2011 | -29.85 % change on previous year | -189.3% |
| 2012 | -9.7 % change on previous year | -67.5% |
| 2013 | -37.95 % change on previous year | +291.3% |
| 2014 | 3.04 % change on previous year | -108.0% |
| 2015 | -23.68 % change on previous year | -879.2% |
| 2016 | -31.88 % change on previous year | +34.6% |
| 2017 | -15.91 % change on previous year | -50.1% |
| 2018 | -15.75 % change on previous year | -1.0% |
| 2019 | -102.31 % change on previous year | +549.5% |
| 2020 | -20.41 % change on previous year | -80.1% |
| 2021 | 101.67 % change on previous year | -598.2% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 101.67 % change on previous year is above the median for upper middle income countries, which is 10.49 % change on previous year, 9.7× the median. (55 countries reporting)
- Micronesia (country)'s 101.67 % change on previous year is above the median for East Asia & Pacific, which is 5.35 % change on previous year, 19.0× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.43 % change on previous year | -42.71 % change on previous year | 15.04 % change on previous year | 4 |
| 2000s | -1.8 % change on previous year | -54.83 % change on previous year | 42.43 % change on previous year | 10 |
| 2010s | -23.06 % change on previous year | -102.31 % change on previous year | 33.43 % change on previous year | 10 |
| 2020s | 40.63 % change on previous year | -20.41 % change on previous year | 101.67 % change on previous year | 2 |
Countries ranked near Micronesia (country)
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 net domestic credit (current lcu), annual growth rate in Micronesia (country)?
- Net domestic credit (current lcu), annual growth rate in Micronesia (country) was 101.67 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Micronesia (country)?
- The highest recorded value was 101.67 % change on previous year in 2021.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Micronesia (country)?
- The lowest recorded value was -102.31 % change on previous year in 2019.
- How does Micronesia (country) rank for net domestic credit (current lcu), annual growth rate?
- Micronesia (country) ranks 3rd out of 186 countries with data for 2021.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Micronesia (country)?
- Over the last ten years it is up 440.6%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.