- Home
- Countries
- Micronesia
- Prices & public finance
FM
Prices & public finance · East Asia & Pacific · Upper-middle income
Micronesia: prices, money and public finance
Inflation is 5.4% (2022), 40th of 180 in the world and 5th of 27 in East Asia & Pacific. GDP deflator is 3.2% (2025), 108th of 209 in the world and 15th of 36 in East Asia & Pacific. Lending rate is 12.6% (2021), 40th of 136 in the world and 3rd of 24 in East Asia & Pacific.
Inflation
MicronesiaEast Asia & PacificUpper-middle incomeWorld
GDP deflator
MicronesiaEast Asia & PacificUpper-middle incomeWorld
12 indicators
Prices & public finance: Micronesia in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 5.4%2022 | 40/180 | 5/27 | 2.2% | 3.3% | 0.6% | +0.4 ppsince 2012 | 2.0% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.2%2025 | 108/209 | 15/36 | 1.0% | 3.6% | -3.6% | +8.6 ppsince 2015 | 2.5% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 12.6%2021 | 40/136 | 3/24 | 15.3% | 15.1% | 14.5% | −1.7 ppsince 2011 | — | — | — | |
| Real interest rateReal interest rate, % | 10.6%2021 | 20/136 | 3/24 | 14.1% | 11.1% | 18.8% | −1.9 ppsince 2011 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 1.002025 | 165/210 | 33/36 | 1.00 | 1.00 | 1.00 | ±0.0%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 7.0%2020 | 132/142 | 23/25 | · | 4.7% | 7.0% | +2.3 ppsince 2010 | 10.8% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 29.7%2020 | 52/142 | 9/25 | · | 12.4% | 29.7% | +17.3 ppsince 2010 | 17.6% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 23.4%2020 | 88/142 | 15/25 | · | 17.1% | 23.4% | +6.4 ppsince 2010 | — | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 27.8%2020 | 63/78 | 16/17 | · | 24.6% | 27.8% | +3.2 ppsince 2010 | — | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 23.4%2021 | 121/169 | 24/25 | 31.2% | 20.9% | 24.2% | +3.7 ppsince 2011 | 175.5% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 84.9%2021 | 34/146 | 16/24 | 47.4% | 39.0% | 77.2% | +46.4 ppsince 2011 | 211.5% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.32014 | — | — | · | 2.6 | · | — | 11.1 | 9.9 | 8.6 |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
No rated indicator improved over the decade.
Worse than ten years ago
- Inflation+0.4 pp5.4% in 2022
- Government debt+3.2 pp27.8% in 2020
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Micronesia and its neighbours
Countries sharing a land border with Micronesia. Latest values since 2005; the highest in each row is marked.
| Indicator | Micronesia | United States | Papua New Guinea | Palau |
|---|---|---|---|---|
| Inflation | 5.4%2022 | 2.9%2024 | 4.4%2025 | -0.4%2025 |
| GDP deflator | 3.2%2025 | 2.8%2025 | 6.9%2025 | 1.0%2025 |
| Lending rate | 12.6%2021 | 3.2%2021 | 8.3%2024 | — |
| Real interest rate | 10.6%2021 | -1.3%2021 | 4.9%2024 | — |
| Exchange rate | 1.002025 | 1.002025 | 4.122025 | 1.002025 |
| Tax revenue | 7.0%2020 | 10.8%2024 | 15.5%2024 | 18.1%2020 |
| Government revenue | 29.7%2020 | 17.8%2024 | 16.6%2024 | 24.2%2020 |
| Government expense | 23.4%2020 | 24.4%2023 | 20.3%2023 | 59.0%2020 |
| Government debt | 27.8%2020 | 115.8%2024 | 52.0%2024 | 85.2%2019 |