Micronesia, Fed. Sts. — Inflation
Inflation, Consumer Prices (Annual %) for Micronesia, Fed. Sts., 2000–2022.
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 42 of 187 economies on this measure (1 = highest), putting it in the top 22%. 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%. Within East Asia & Pacific it ranks 6 of 28 economies; Papua New Guinea (4.42%) is just below it. Its sharpest one-year move was up 1698% in 2004. That is 209% above this series' own ten-year average.
Data highlights
From its 2000 level: doubled by 2006. Doubling roughly every 17 years at that pace.
World ranking. Slipped: 114th of 163 in 2000 → 94th of 186 in 2010 → 129th of 178 in 2020 → 135th of 178 in 2022.
Key figures
Full history — 2000 to 2022
| Year | annual % | Change |
|---|---|---|
| 2022 | 5.41% | +2.2 pp |
| 2021 | 3.19% | +2.6 pp |
| 2020 | 0.55% | -1.4 pp |
| 2019 | 1.92% | +0.4 pp |
| 2018 | 1.5% | +0.9 pp |
| 2017 | 0.58% | +1.6 pp |
| 2016 | -1.04% | -0.7 pp |
| 2015 | -0.3% | -0.9 pp |
| 2014 | 0.65% | -1.1 pp |
| 2013 | 1.75% | -3.3 pp |
| 2012 | 5.02% | -0.1 pp |
| 2011 | 5.08% | +1.8 pp |
| 2010 | 3.31% | -3.1 pp |
| 2009 | 6.39% | -2.0 pp |
| 2008 | 8.42% | +5.1 pp |
| 2007 | 3.31% | -1.3 pp |
| 2006 | 4.64% | +0.4 pp |
| 2005 | 4.26% | +2.0 pp |
| 2004 | 2.28% | +2.2 pp |
| 2003 | 0.13% | +0.2 pp |
| 2002 | -0.11% | -0.6 pp |
| 2001 | 0.5% | -1.7 pp |
| 2000 | 2.16% | — |
Frequently asked questions
What was Micronesia, Fed. Sts.’s Inflation in 2001?
0.5% (2001). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Micronesia, Fed. Sts.’s Inflation growing or shrinking?
Between 2000 and 2022 the series was growing overall: +150.6% in total — about 4.3% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2022: 5.41%; 2021: 3.19%; 2020: 0.55%; 2019: 1.92%; 2018: 1.5%. Earlier years are in the full-history table below.
Related data
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.