Inflation, consumer prices in Micronesia (country)
Micronesia (country): Inflation, consumer prices was 5.4% in 2022. ◆ Volatile
Inflation, consumer prices in Micronesia (country), 2000–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for inflation, consumer prices in Micronesia (country) is 5.4%, measured in 2022.
That represents a change of up 69.5% on the previous year and up 7.8% over ten years.
Over the whole period, inflation, consumer prices in Micronesia (country) peaked at 8.4% in 2008 and was at its lowest, -1.0%, in 2016.
That places Micronesia (country) 45th out of 191 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | -0.1% | 8.4% | 10 |
| 2010s | 1.8% | -1.0% | 5.1% | 10 |
| 2020s | 3.1% | 0.6% | 5.4% | 3 |
Countries ranked near Micronesia (country)
More economy & growth data for Micronesia (country)
- External balance on goods and services -245.00 million current LCU (2025)
- Imports of goods and services 356.00 million current US$ (2025)
- Imports of goods and services 356.00 million current LCU (2025)
- Imports of goods and services 70.9% (2025)
- External balance on goods and services -245.00 million current US$ (2025)
- Trade 93.1% (2025)
- Agriculture, forestry, and fishing, value added 80.10 million constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 121.25 million current LCU (2025)
- Exports of goods and services 22.1% (2025)
- External balance on goods and services -48.8% (2025)
Frequently asked questions
- What is inflation, consumer prices in Micronesia (country)?
- Inflation, consumer prices in Micronesia (country) was 5.4% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Micronesia (country)?
- The highest recorded value was 8.4% in 2008.
- What is the lowest inflation, consumer prices recorded in Micronesia (country)?
- The lowest recorded value was -1.0% in 2016.
- How does Micronesia (country) rank for inflation, consumer prices?
- Micronesia (country) ranks 45th out of 191 countries with data for 2022.
- Is inflation, consumer prices rising or falling in Micronesia (country)?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.