Gross domestic product (GDP) in Micronesia 2029
The gross domestic product by fiscal year in Micronesia was forecast to continuously increase between 2024 and 2029 by in total 0.1 billion U.S. dollars (+20.83 percent). After the ninth consecutive increasing year, the gross domestic product is estimated to reach 0.57 billion U.S. dollars and therefore a new peak in 2029.
This indicator describes the gross domestic product at current prices which is expressed in national currency units and concerning the fiscal year. The gross domestic product represents the total value of final goods and services produced during a certain time period. Here this period is the fiscal year, meaning the period chosen by a given country for the reporting of fiscal data. The exact time period varies by country.
Find more statistics on other topics about Micronesia with key insights such as the budget balance in relation to the gross domestic product, the growth of the real the gross domestic product, and the ratio of government expenditure to the gross domestic product.
This indicator describes the gross domestic product at current prices which is expressed in national currency units and concerning the fiscal year. The gross domestic product represents the total value of final goods and services produced during a certain time period. Here this period is the fiscal year, meaning the period chosen by a given country for the reporting of fiscal data. The exact time period varies by country.
Find more statistics on other topics about Micronesia with key insights such as the budget balance in relation to the gross domestic product, the growth of the real the gross domestic product, and the ratio of government expenditure to the gross domestic product.
