Micronesia GDP Growth Rate (2026)
Micronesia has a small Pacific economy supported by public services, fisheries, external assistance, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+0.7%
Annual real GDP growth
World Rank
#177
Out of 195 countries
Change vs 2025
-0.4 pp
2025: +1.1%
Oceania Rank
#14
Out of 14 countries
1. Micronesia GDP Growth Rate in 2026
Economic growth is influenced by government spending, fisheries, infrastructure investment, external grants, and domestic demand.
2. Micronesia GDP Growth Rate Trends (1996–2026)
Micronesia’s growth history has been shaped by public-sector activity, U.S. financial support, fisheries, and a limited private sector.
3. Micronesia GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +0.7% | -0.4 pp |
| 2025 | +1.1% | -1.2 pp |
| 2024 | +2.3% | +1.2 pp |
| 2023 | +1.1% | +4.2 pp |
| 2022 | -3.1% | -6.2 pp |
| 2021 | +3.1% | +5.1 pp |
| 2020 | -2.0% | -5.4 pp |
| 2019 | +3.4% | +2.9 pp |
| 2018 | +0.5% | -1.8 pp |
| 2017 | +2.3% | +1.3 pp |
| 2016 | +1.0% | -3.5 pp |
| 2015 | +4.5% | +7.1 pp |
| 2014 | -2.6% | +1.1 pp |
| 2013 | -3.7% | -2.0 pp |
| 2012 | -1.7% | -5.5 pp |
| 2011 | +3.8% | +1.8 pp |
| 2010 | +2.0% | +0.9 pp |
| 2009 | +1.1% | +3.7 pp |
| 2008 | -2.6% | -0.9 pp |
| 2007 | -1.7% | -1.4 pp |
| 2006 | -0.3% | -2.7 pp |
| 2005 | +2.4% | +5.6 pp |
| 2004 | -3.2% | -4.8 pp |
| 2003 | +1.6% | +1.3 pp |
| 2002 | +0.3% | -1.8 pp |
| 2001 | +2.1% | -2.2 pp |
| 2000 | +4.3% | +3.2 pp |
| 1999 | +1.1% | -1.8 pp |
| 1998 | +2.9% | +9.1 pp |
| 1997 | -6.2% | -2.8 pp |
| 1996 | -3.4% | — |
4. Micronesia GDP Growth Performance
Current Growth Rate
+0.7%
(2026 to 2026)
5-Year Average
+0.4%
(2022 to 2026)
10-Year Average
+0.9%
(2017 to 2026)
20-Year Average
+0.5%
(2007 to 2026)
The economy benefits from long-term external assistance and marine resources, but geographic isolation and weak private investment constrain development.
5. Micronesia GDP Growth Rate vs Oceania and World
Micronesia
+0.7%
Oceania Average
+2.7%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Micronesia’s GDP growth rate is approximately
2.0 pp
below the
Oceania average
and
2.1 pp
below the world average.
6. Micronesia GDP Growth Rate Ranking in Oceania
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #6 | Kiribati | +3.1% |
| #7 | Solomon Islands | +2.8% |
| #8 | Tuvalu | +2.5% |
| #9 | Fiji | +2.4% |
| #10 | Tonga | +2.3% |
| #11 | Nauru | +2.1% |
| #12 | New Zealand | +2.1% |
| #13 | Australia | +2.0% |
| #14 | Micronesia | +0.7% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Micronesia
Micronesia GDP (Nominal)
$521.0 Million
(2026)
Micronesia GDP Growth Rate
+0.7%
(2026)
Micronesia generally experiences modest growth compared with larger economies because public spending and external grants dominate activity.
Explore more:
Micronesia GDP
9. Micronesia GDP Growth Rate Forecast
The outlook depends on U.S. support, infrastructure, fisheries, and private-sector development. Climate change and migration remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.1% | +0.4 pp |
| 2028 | +1.4% | +0.3 pp |
| 2029 | +1.0% | -0.4 pp |
| 2030 | +0.7% | -0.3 pp |
10. Micronesia GDP Growth Rate: Key Findings
Micronesia GDP growth rate is estimated at +0.7% in 2026.
It ranks #177 globally and #14 in Oceania by annual GDP growth rate.
The growth rate slowed by 0.4 percentage points compared with 2025.
The 5-year average GDP growth rate is +0.4%.
The 10-year average GDP growth rate is +0.9%.
The current rate is 2.0 percentage points below the Oceania average.
The current rate is 2.1 percentage points below the world average.
The forecast GDP growth rate is +0.7% in 2030, 0.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Micronesia GDP Growth Rate FAQs
Micronesia GDP growth rate is estimated at +0.7% in 2026.
Micronesia ranks #177 globally and #14 in Oceania by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.7% in 2026.
Micronesia GDP growth rate was +4.5% in 2015.
Micronesia GDP growth rate is 2.0 percentage points below the Oceania average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.