Real GDP Growth: Micronesia, Fed. States of
Micronesia, Fed. States of's real gdp growth is currently 1.4% as of 2026. # Micronesia, Fed.
Current (2026)
1.4%
+40.0% y/y
Peak (2015)
4.5%
Low (1997)
-6.2%
Source
IMF World Economic Outlook
1996–2026 · 35 pts
Real GDP Growth — Micronesia, Fed. States of
1996 — 2026
Real GDP Growth — Micronesia, Fed. States of
Analysis# Micronesia, Fed. States of Real GDP Growth
The Federated States of Micronesia recorded real GDP growth of 1.4% in 2026, well below its all-time peak of 4.5% in 2015. Since 1996, the economy has expanded 142.4% overall, though growth remains volatile and modest by global standards. The nation's worst contraction occurred in 1997 at -6.2%, reflecting the challenges of a small island economy vulnerable to external shocks.
Recent years reveal persistent weakness, with growth hovering near zero between 2023 and 2024 before gradually accelerating. The economy contracted sharply in 2020 (-2%) and 2022 (-2.9%), likely reflecting pandemic disruptions and fiscal pressures. The modest 1.4% projection for 2026 suggests continued sluggish expansion, indicating structural constraints rather than cyclical recovery. Sustained growth above 2% remains elusive for this vulnerable Pacific economy.
Historical Data
35 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.7% | +0.00% |
| 2029 | 0.7% | +0.00% |
| 2028 | 0.7% | -12.50% |
| 2027 | 0.8% | -42.86% |
| 2026 | 1.4% | +40.00% |
| 2025 | 1.0% | +42.86% |
| 2024 | 0.7% | +40.00% |
| 2023 | 0.5% | +117.24% |
| 2022 | -2.9% | -193.55% |
| 2021 | 3.1% | +255.00% |
| 2020 | -2.0% | -158.82% |
| 2019 | 3.4% | +580.00% |
| 2018 | 0.5% | -78.26% |
| 2017 | 2.3% | +130.00% |
| 2016 | 1.0% | -77.78% |
| 2015 | 4.5% | +273.08% |
| 2014 | -2.6% | +29.73% |
| 2013 | -3.7% | -117.65% |
| 2012 | -1.7% | -144.74% |
| 2011 | 3.8% | +90.00% |
Show all 35 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 2.0% | +81.82% |
| 2009 | 1.1% | +142.31% |
| 2008 | -2.6% | -52.94% |
| 2007 | -1.7% | -466.67% |
| 2006 | -0.3% | -112.50% |
| 2005 | 2.4% | +175.00% |
| 2004 | -3.2% | -300.00% |
| 2003 | 1.6% | +433.33% |
| 2002 | 0.3% | -85.71% |
| 2001 | 2.1% | -51.16% |
| 2000 | 4.3% | +290.91% |
| 1999 | 1.1% | -62.07% |
| 1998 | 2.9% | +146.77% |
| 1997 | -6.2% | -87.88% |
| 1996 | -3.3% | — |
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