Service exports — all countries

Service exports — Micronesia

Service exports in Micronesia in 2014 — 38,100,400 US$. Ranked 183 in the world out of 189. Since 2009, the indicator has risen by 19.2%.

2014 38.1M US$ +11.75% vs 2013
World rank 183of 189
Period maximum 38.1M US$2014
Period minimum 31.98M US$2009

Trend over time

2009–2014 · US$

Service exports — Micronesia, 2009–201430M32M34M36M38M40M2009201020112012201320142009: 31,975,600 US$2010: 35,286,100 US$2011: 32,368,300 US$2012: 33,936,900 US$2013: 34,093,400 US$2014: 38,100,400 US$
Change over the period: +6.12M (+19.15%) Average annual rate: 3.57 %

Comparison, 2014

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

Micronesia 38.1M US$
World 5.36T US$
Micronesia (subregion) computed 236M US$
Lower-middle-income countries computed 333B US$
Service exports — Micronesia, by year Micronesia All countries CSV XLSX
Year US$ Change Change, %
2014 38.1M +4.01M +11.75%
2013 34.09M +156,500 +0.46%
2012 33.94M +1.57M +4.85%
2011 32.37M −2.92M −8.27%
2010 35.29M +3.31M +10.35%
2009 31.98M

Micronesia, 2014

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

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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