Current account balance — all countries

Current account balance — Micronesia

Current account balance in Micronesia in 2031 — -1%. Ranked 76 in the world out of 188. Since 1995, the indicator has risen by 8.2 pp.

2031 -1% +0.1 pp vs 2030
World rank 76of 188
Period maximum 26.3%2018
Period minimum -31.1%1997

Trend over time

1995–2031 · % of GDP

Current account balance — Micronesia, 1995–2031-40-200204019951999200320072011201520192023202720311995: -9.2%1996: -19.1%1997: -31.1%1998: -25.2%1999: -21.1%2000: -14.7%2001: -17.5%2002: -10.2%2003: -6.1%2004: -18.8%2005: -10.2%2006: -15.7%2007: -10.8%2008: -19.1%2009: -21.4%2010: -17.9%2011: -19.4%2012: -13.7%2013: -10%2014: 10.3%2015: 10.2%2016: 13.6%2017: 19.4%2018: 26.3%2019: 19.4%2020: 7.3%2021: 9.9%2022: 16.5%2023: 5.5%2024: 3.5%2025: 3.8%2026: 1.1%2027: -0.4%2028: -0.7%2029: -1.1%2030: -1.1%2031: -1%
Change over the period: +8.2 pp Annual average: 0.23 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Micronesia

Micronesia -1%
World computed 0.28%
East Asia & Pacific computed 3.13%
Micronesia (subregion) computed -6.5%
Current account balance — Micronesia, by year Micronesia All countries CSV XLSX
Year % Change, pp
2031 -1 +0.1 pp
2030 -1.1 +0 pp
2029 -1.1 −0.4 pp
2028 -0.7 −0.3 pp
2027 -0.4 −1.5 pp
2026 1.1 −2.7 pp
2025 3.8 +0.3 pp
2024 3.5 −2 pp
2023 5.5 −11 pp
2022 16.5 +6.6 pp
2021 9.9 +2.6 pp
2020 7.3 −12.1 pp
2019 19.4 −6.9 pp
2018 26.3 +6.9 pp
2017 19.4 +5.8 pp
2016 13.6 +3.4 pp
2015 10.2 −0.1 pp
2014 10.3 +20.3 pp
2013 -10 +3.7 pp
2012 -13.7 +5.7 pp
2011 -19.4 −1.5 pp
2010 -17.9 +3.5 pp
2009 -21.4 −2.3 pp
2008 -19.1 −8.3 pp
2007 -10.8 +4.9 pp
2006 -15.7 −5.5 pp
2005 -10.2 +8.6 pp
2004 -18.8 −12.7 pp
2003 -6.1 +4.1 pp
2002 -10.2 +7.3 pp
2001 -17.5 −2.8 pp
2000 -14.7 +6.4 pp
1999 -21.1 +4.1 pp
1998 -25.2 +5.9 pp
1997 -31.1 −12 pp
1996 -19.1 −9.9 pp
1995 -9.2

Micronesia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.