Net domestic credit (current LCU), per unit of GDP in Micronesia (country)
Micronesia (country): Net domestic credit (current LCU), per unit of GDP was 0.0189 current LCU per US$ of GDP in 2021. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Micronesia (country), 1995–2021
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2021, net domestic credit (current lcu), per unit of gdp in Micronesia (country) stood at 0.0189 current LCU per US$ of GDP. That is the highest value across all 27 years on record.
That represents a change of up 101.6% on the previous year and up 110.3% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Micronesia (country) peaked at 0.0189 current LCU per US$ of GDP in 2021 and was at its lowest, -1.19 current LCU per US$ of GDP, in 2020.
That places Micronesia (country) 183rd out of 186 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Micronesia (country), year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | -0.3134 current LCU per US$ of GDP | — |
| 1996 | -0.4542 current LCU per US$ of GDP | +44.9% |
| 1997 | -0.445 current LCU per US$ of GDP | -2.0% |
| 1998 | -0.4771 current LCU per US$ of GDP | +7.2% |
| 1999 | -0.4041 current LCU per US$ of GDP | -15.3% |
| 2000 | -0.4301 current LCU per US$ of GDP | +6.4% |
| 2001 | -0.3087 current LCU per US$ of GDP | -28.2% |
| 2002 | -0.4754 current LCU per US$ of GDP | +54.0% |
| 2003 | -0.4317 current LCU per US$ of GDP | -9.2% |
| 2004 | -0.306 current LCU per US$ of GDP | -29.1% |
| 2005 | -0.2484 current LCU per US$ of GDP | -18.8% |
| 2006 | -0.271 current LCU per US$ of GDP | +9.1% |
| 2007 | -0.3004 current LCU per US$ of GDP | +10.8% |
| 2008 | -0.1676 current LCU per US$ of GDP | -44.2% |
| 2009 | -0.2371 current LCU per US$ of GDP | +41.4% |
| 2010 | -0.1497 current LCU per US$ of GDP | -36.9% |
| 2011 | -0.1843 current LCU per US$ of GDP | +23.1% |
| 2012 | -0.1922 current LCU per US$ of GDP | +4.3% |
| 2013 | -0.2736 current LCU per US$ of GDP | +42.3% |
| 2014 | -0.2636 current LCU per US$ of GDP | -3.7% |
| 2015 | -0.3302 current LCU per US$ of GDP | +25.3% |
| 2016 | -0.4155 current LCU per US$ of GDP | +25.8% |
| 2017 | -0.4362 current LCU per US$ of GDP | +5.0% |
| 2018 | -0.4627 current LCU per US$ of GDP | +6.1% |
| 2019 | -0.9336 current LCU per US$ of GDP | +101.8% |
| 2020 | -1.19 current LCU per US$ of GDP | +27.5% |
| 2021 | 0.0189 current LCU per US$ of GDP | -101.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4188 current LCU per US$ of GDP | -0.4771 current LCU per US$ of GDP | -0.3134 current LCU per US$ of GDP | 5 |
| 2000s | -0.3176 current LCU per US$ of GDP | -0.4754 current LCU per US$ of GDP | -0.1676 current LCU per US$ of GDP | 10 |
| 2010s | -0.3642 current LCU per US$ of GDP | -0.9336 current LCU per US$ of GDP | -0.1497 current LCU per US$ of GDP | 10 |
| 2020s | -0.5859 current LCU per US$ of GDP | -1.19 current LCU per US$ of GDP | 0.0189 current LCU per US$ of GDP | 2 |
Countries ranked near Micronesia (country)
- 180 Kuwait 0.2945 current LCU per US$ of GDP compare
- 181 Oman 0.2622 current LCU per US$ of GDP compare
- 182 Zimbabwe 0.1559 current LCU per US$ of GDP compare
- 184 Venezuela 0 current LCU per US$ of GDP compare
- 185 East Timor -0.1045 current LCU per US$ of GDP compare
- 186 Afghanistan -3.98 current LCU per US$ of GDP compare
More financial sector data for Micronesia (country)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 11.3 % change on previous year (2021)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.874 SDR per US$ of GDP (2021)
- Reserves excluding gold, foreign exchange (SDR), per capita 3,066 SDR per person (2021)
- Reserves excluding gold (SDR), annual growth rate 13.27 % change on previous year (2021)
- Reserves excluding gold (SDR), per capita 3,184 SDR per person (2021)
- Total reserves (gold at market value) (SDR), annual growth rate 13.27 % change on previous year (2021)
- Total reserves (gold at market value) (SDR), per capita 3,184 SDR per person (2021)
- Total reserves (gold at national valuation) (SDR), annual growth rate 13.27 % change on previous year (2021)
- Total reserves (gold at national valuation) (SDR), per capita 3,184 SDR per person (2021)
- Total reserves in months of imports, annual growth rate 42.22 % change on previous year (2014)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Micronesia (country)?
- Net domestic credit (current lcu), per unit of gdp in Micronesia (country) was 0.0189 current LCU per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Micronesia (country)?
- The highest recorded value was 0.0189 current LCU per US$ of GDP in 2021.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Micronesia (country)?
- The lowest recorded value was -1.19 current LCU per US$ of GDP in 2020.
- How does Micronesia (country) rank for net domestic credit (current lcu), per unit of gdp?
- Micronesia (country) ranks 183rd out of 186 countries with data for 2021.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 110.3%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.