Micronesia, Fed. Sts. — Inflation
Inflation, Consumer Prices (Annual %) for Micronesia, Fed. Sts., 2000–2022.
Latest value · 2022
5.41%
Inflation, Consumer Prices (Annual %) · annual % · +150.6% since 2000
Inflation for Micronesia, Fed. Sts. was 5.41% in 2022, according to the latest World Bank data. The series covers 23 years, from 2000 to 2022. The highest recorded value was 8.42% in 2008. The lowest was -1.04% in 2016 (about -5.2× the low point). Across that span the compound annual growth rate works out to 4.26% per year.
Micronesia, Fed. Sts. ranks 43 of 187 economies on this measure (1 = highest), putting it in the top 23%. The median for East Asia & Pacific is 2.21%, so Micronesia, Fed. Sts. sits above it. It peaked in 2008 and has fallen 36% since. Over the last decade (2012–2022) the figure moved up 8%.
Key figures
Latest (2022)
5.41%
First (2000)
2.16%
Change
+150.6%
Highest
8.42%
in 2008
Lowest
-1.04%
in 2016
Average
2.59%
Annual growth (CAGR)
4.26%
Years of data
23
Recent years
| Year | annual % |
|---|---|
| 2022 | 5.41% |
| 2021 | 3.19% |
| 2020 | 0.55% |
| 2019 | 1.92% |
| 2018 | 1.5% |
| 2017 | 0.58% |
| 2016 | -1.04% |
| 2015 | -0.3% |
| 2014 | 0.65% |
| 2013 | 1.75% |
| 2012 | 5.02% |
| 2011 | 5.08% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.