Household consumption (% of GDP) in Micronesia (subregion) in 2022 — 63.3%. Since 2006, the indicator has risen by 5.5 pp.
2006–2022 · % of GDP
How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)
| Year | % | Change, pp |
|---|---|---|
| 2022 | 63.3 | −2.1 pp |
| 2021 | 65.4 | +1.7 pp |
| 2020 | 63.7 | +4.4 pp |
| 2019 | 59.2 | −0.8 pp |
| 2018 | 60 | +2.5 pp |
| 2017 | 57.6 | +0.3 pp |
| 2016 | 57.3 | −1.4 pp |
| 2015 | 58.7 | −1.9 pp |
| 2014 | 60.7 | −1.3 pp |
| 2013 | 62 | −0.7 pp |
| 2012 | 62.7 | +1.3 pp |
| 2011 | 61.4 | +2.1 pp |
| 2010 | 59.3 | −0.8 pp |
| 2009 | 60 | −0.4 pp |
| 2008 | 60.4 | +1.9 pp |
| 2007 | 58.6 | +0.7 pp |
| 2006 | 57.9 | — |
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.