Exports (% of GDP) — all countries

Exports (% of GDP) — Micronesia (subregion)

Exports (% of GDP) in Micronesia (subregion) in 2024 — 26.55%. Since 2002, the indicator has fallen by 12.21 pp.

2024 26.55% +1.89 pp vs 2023
World rank
Period maximum 38.8%2004
Period minimum 6.2%2021

Trend over time

2002–2024 · % of GDP

Exports (% of GDP) — Micronesia (subregion), 2002–2024010203040200220052008201120142017202020232002: 38.76%2003: 35.07%2004: 38.8%2005: 36.22%2006: 34.02%2007: 30.24%2008: 26.81%2009: 21.64%2010: 21.8%2011: 23.74%2012: 25.51%2013: 26.23%2014: 26%2015: 24.98%2016: 29.25%2017: 30.17%2018: 26.44%2019: 26.83%2020: 10.19%2021: 6.2%2022: 12.29%2023: 24.66%2024: 26.55%
Change over the period: −12.21 pp Annual average: -0.55 pp

Comparison, 2024

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

Micronesia (subregion) 26.55%
World 29.08%
Exports (% of GDP) — Micronesia (subregion), by year Micronesia (subregion) All countries CSV XLSX
Year % Change, pp
2024 26.55 +1.89 pp
2023 24.66 +12.37 pp
2022 12.29 +6.09 pp
2021 6.2 −3.99 pp
2020 10.19 −16.64 pp
2019 26.83 +0.4 pp
2018 26.44 −3.74 pp
2017 30.17 +0.93 pp
2016 29.25 +4.26 pp
2015 24.98 −1.02 pp
2014 26 −0.23 pp
2013 26.23 +0.72 pp
2012 25.51 +1.77 pp
2011 23.74 +1.94 pp
2010 21.8 +0.16 pp
2009 21.64 −5.17 pp
2008 26.81 −3.42 pp
2007 30.24 −3.78 pp
2006 34.02 −2.2 pp
2005 36.22 −2.58 pp
2004 38.8 +3.73 pp
2003 35.07 −3.69 pp
2002 38.76

About the indicator

Exports of goods and services as a percent of GDP — a measure of how far an economy is oriented toward external markets. In small open economies and transit hubs the indicator can exceed 100% of GDP: exports are counted at the full value of the goods while GDP is counted as value added, so re-exports and assembly production inflate the figure.

Source: World Development Indicators (World Bank), license CC BY 4.0.