OCEANIA · COUNTRY REFERENCE
Micronesia (Federated States of)
Written and compiled by American Business Capital Group Inc.
Selected country or entityMap: Natural Earth ↗
ANNUAL ECONOMIC SNAPSHOT
Population & economic scale
The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.
World Bank reporting entity: Micronesia, Fed. Sts. · 3 of 3 indicators available.
Population
113,683
people
observation
Definition, value & source
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Received value: 113683 people. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
GDP
$501.8 million
current US$
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 501797600 current US$. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP per capita
$4,414
current US$ per person
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 4414.00737137479 current US$ per person. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.
THE REFERENCE FILE
Micronesia (Federated States of) at a glance
These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.
Population
total: 99,603 (2024 est.) male: 48,708 female: 50,895
Area
total : 702 sq km land: 702 sq km water: 0 sq km (fresh water only) note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie)
Real GDP (purchasing power parity)
$432.679 million (2024 est.) $429.59 million (2023 est.) $427.529 million (2022 est.) note: data in 2021 dollars
GDP (official exchange rate)
$471.425 million (2024 est.) note: data in current dollars at official exchange rate
Real GDP growth rate
0.7% (2024 est.) 0.5% (2023 est.) -2.9% (2022 est.) note: annual GDP % growth based on constant local currency
Real GDP per capita
$3,800 (2024 est.) $3,800 (2023 est.) $3,800 (2022 est.) note: data in 2021 dollars
Inflation rate (consumer prices)
5.4% (2022 est.) 3.2% (2021 est.) 0.6% (2020 est.) note: annual % change based on consumer prices
Public debt
27.8% of GDP (2020 est.) note: central government debt as a % of GDP
Budget
revenues: $137.795 million (2020 est.) expenditures: $111.963 million (2020 est.) note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Current account balance
$12 million (2017 est.) $11 million (2016 est.) $22.408 million (2014 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Exports
$129.5 million (2024 est.) $125.789 million (2023 est.) $90.466 million (2022 est.) note: GDP expenditure basis - exports of goods and services in current dollars
Imports
$325.9 million (2024 est.) $310.669 million (2023 est.) $274.334 million (2022 est.) note: GDP expenditure basis - imports of goods and services in current dollars
Reserves of foreign exchange and gold
$497.434 million (2021 est.) $451.913 million (2020 est.) $397.158 million (2019 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Electricity access
electrification - total population: 85.3% (2022 est.) electrification - urban areas: 98.6% electrification - rural areas: 79.4%
Internet users
percent of population: 41% (2022 est.)
THE HISTORICAL REFERENCE LIBRARY
Explore the country in detail
Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.
27 of 27 sections
Location
Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
archive edition 2025 · Archive source ↗
Capital
name: Palikir geographic coordinates: 6 55 N, 158 09 E time difference: UTC+11 (16 hours ahead of Washington, DC, during Standard Time) time zone note: Micronesia has two time zones note: Palikir became the new capital of the country in 1989, three years after independence; Kolonia, the former capital, remains the site for many foreign embassies; it also serves as the Pohnpei state capital
1989 source periods; archive edition 2025 · Archive source ↗
Economic overview
lower middle-income Pacific island economy; US aid reliance, sunsetting in 2024; low entrepreneurship; mostly fishing and farming; US dollar user; no patent laws; tourism remains underdeveloped; significant corruption
2024 source periods; archive edition 2025 · Archive source ↗
Natural resources
timber, marine products, deep-seabed minerals, phosphate
archive edition 2025 · Archive source ↗
Agricultural products
coconuts, cassava, vegetables, sweet potatoes, bananas, pork, plantains, fruits, beef, eggs (2023) note: top ten agricultural products based on tonnage
2023 source periods; archive edition 2025 · Archive source ↗
Industries
tourism, construction; specialized aquaculture, craft items (shell and wood)
archive edition 2025 · Archive source ↗
Exports - partners
Thailand 64%, China 16%, Philippines 11%, Japan 5%, Ecuador 1% (2023) note: top five export partners based on percentage share of exports
2023 source periods; archive edition 2025 · Archive source ↗
Exports - commodities
fish, diamonds, garments (2023) note: top export commodities based on value in dollars over $500,000
2023 source periods; archive edition 2025 · Archive source ↗
Imports - partners
USA 35%, China 20%, Japan 13%, Taiwan 6%, Philippines 4% (2023) note: top five import partners based on percentage share of imports
2023 source periods; archive edition 2025 · Archive source ↗
Imports - commodities
poultry, fish, plastic products, cars, prepared meat (2023) note: top five import commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Climate
tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
archive edition 2025 · Archive source ↗
Terrain
islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk
archive edition 2025 · Archive source ↗
Land use
agricultural land: 7.1% (2023 est.) arable land: 2.9% (2023 est.) permanent crops: 0% (2022 est.) permanent pasture: 4.3% (2023 est.) forest: 92.2% (2023 est.) other: 0.7% (2023 est.)
2023, 2022 dates in source text; archive edition 2025 · Archive source ↗
Natural hazards
typhoons (June to December)
archive edition 2025 · Archive source ↗
Languages
English (official and common language), Chuukese, Kosrean, Pohnpeian, Yapese, Ulithian, Woleaian, Nukuoro, Kapingamarangi
archive edition 2025 · Archive source ↗
Religions
Roman Catholic 54.7%, Protestant 41.1% (includes Congregational 38.5%, Baptist 1.1%, Seventh Day Adventist 0.8%, Assembly of God 0.7%), Church of Jesus Christ 1.5%, other 1.9%, none 0.7%, unspecified 0.1% (2010 est.)
2010 dates in source text; archive edition 2025 · Archive source ↗
Age structure
0-14 years: 27% (male 13,673/female 13,239) 15-64 years: 67.3% (male 32,527/female 34,487) 65 years and over: 5.7% (2024 est.) (male 2,508/female 3,169)
2024 dates in source text; archive edition 2025 · Archive source ↗
Urbanization
urban population: 23.4% of total population (2023) rate of urbanization: 1.52% annual rate of change (2020-25 est.)
2023, 2020 dates in source text; archive edition 2025 · Archive source ↗
Life expectancy at birth
total population: 75 years (2024 est.) male: 72.9 years female: 77.2 years
2024 dates in source text; archive edition 2025 · Archive source ↗
Petroleum
refined petroleum consumption: 800 bbl/day (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Carbon dioxide emissions
121,000 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 121,000 metric tonnes of CO2 (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Telephones - mobile cellular
total subscriptions: 22,000 (2021 est.) subscriptions per 100 inhabitants: 19 (2021 est.)
2021 dates in source text; archive edition 2025 · Archive source ↗
Broadband - fixed subscriptions
total: 7,000 (2022 est.) subscriptions per 100 inhabitants: 6 (2022 est.)
2022 dates in source text; archive edition 2025 · Archive source ↗
Airports
7 (2025)
2025 dates in source text; archive edition 2025 · Archive source ↗
Ports
total ports: 4 (2024) large: 0 medium: 0 small: 1 very small: 3 ports with oil terminals: 3 key ports: Colonia, Lele Harbor, Moen, Pohnpei Harbor
2024 dates in source text; archive edition 2025 · Archive source ↗
GDP - composition, by sector of origin
agriculture: 23.3% (2023 est.) industry: 5% (2023 est.) services: 69.2% (2023 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
2023 dates in source text; archive edition 2025 · Archive source ↗
Remittances
5.3% of GDP (2023 est.) 5.6% of GDP (2022 est.) 6% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗
CURRENCY OBSERVATIONS
Money & exchange rates
The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.
US Dollar
USD per US$1
Daily references are not live execution prices. A check time does not change a source observation date.
CAPITAL MARKETS
Stock exchanges
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Official data & country reports
Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.
SOURCES & DATES
Where the facts come from.
Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.
- Country reference
- CIA World Factbook · 2025 archive
- Archive retrieved
- Oct 6, 2026 · retrieval date, not an observation period
- Currency associations
- SIX / ISO 4217 currency registry ↗
- Rate observations
- Frankfurter / official reference providers ↗ · each observation is dated separately
- State classification
- UN member states ↗ · UN observer states ↗
- UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
- CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.
About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.
Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.
Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.