Gross domestic product (GDP) per capita in Micronesia 2029

The gross domestic product (GDP) per capita in Micronesia was forecast to continuously increase between 2024 and 2029 by in total 919.7 U.S. dollars (+17.96 percent). After the ninth consecutive increasing year, the GDP per capita is estimated to reach 6,039.22 U.S. dollars and therefore a new peak in 2029.
This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Find more key insights for the gross domestic product (GDP) per capita in countries like New Zealand, Australia, and Marshall Islands.