Net domestic credit in Micronesia (country)
Micronesia (country): Net domestic credit was 7.41 million current LCU in 2021. ◆ Volatile
Net domestic credit in Micronesia (country), 1995–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, net domestic credit in Micronesia (country) stood at 7.41 million current LCU. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 101.7% on the previous year and up 113.1% over ten years.
Over the whole period, net domestic credit in Micronesia (country) peaked at 7.41 million current LCU in 2021 and was at its lowest, -444.04 million current LCU, in 2020.
Micronesia (country) ranks 183rd of 186 countries on this measure, in the bottom 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 |
|---|---|---|---|---|
| 1990s | -89.86 million current LCU | -103.30 million current LCU | -68.93 million current LCU | 5 |
| 2000s | -77.53 million current LCU | -112.97 million current LCU | -43.75 million current LCU | 10 |
| 2010s | -127.94 million current LCU | -368.78 million current LCU | -43.72 million current LCU | 10 |
| 2020s | -218.32 million current LCU | -444.04 million current LCU | 7.41 million current LCU | 2 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- Domestic credit to private sector 23.4% (2021)
- Claims on central government, etc. -22.6% (2021)
- Broad money 84.9% (2021)
- Monetary Sector credit to private sector 23.4% (2021)
- Net foreign assets 894.62 million current LCU (2021)
- Total reserves in months of imports 5.28 (2014)
- Net migration -1,125 (2025)
- Domestic credit to private sector by banks 23.4% (2021)
- Official exchange rate 1 LCU per US$, period average (2025)
- Claims on central government 156.4% (2021)
Frequently asked questions
- What is net domestic credit in Micronesia (country)?
- Net domestic credit in Micronesia (country) was 7.41 million current LCU in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Micronesia (country)?
- The highest recorded value was 7.41 million current LCU in 2021.
- What is the lowest net domestic credit recorded in Micronesia (country)?
- The lowest recorded value was -444.04 million current LCU in 2020.
- How does Micronesia (country) rank for net domestic credit?
- Micronesia (country) ranks 183rd out of 186 countries with data for 2021.
- Is net domestic credit rising or falling in Micronesia (country)?
- Over the last ten years it is up 113.1%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.