micronesia gdp per capita

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The latest value from 2018 is 3152.72 U.S. dollars. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

Economic expansion during the past five years has been unexceptional.The lack of economic freedom in Micronesia is partly the legacy of its long-time dependence, which has had an enervating and debilitating impact on entrepreneurship and economic initiative. GDP: purchasing power parity - $277 million (2002 est.) GDP per capita (current LCU) The value for GDP per capita (current LCU) in Micronesia was 3,568 as of 2018. GDP - per capita: $3,400 (2017 est.) Over the past 35 years, the value for this indicator has fluctuated between $3,568 in 2018 and $1,276 in 1986.Definition: GDP per capita is gross domestic product divided by midyear population. The average applied tariff rate is 7.1 percent, and layers of nontariff barriers undercut trade flows. Government spending has amounted to 63.2 percent of the country’s output (GDP) over the past three years, and budget surpluses have averaged 15.2 percent of GDP. Micronesia … Micronesia’s economic freedom score is 52.0, making its economy the 156th freest in the 2020 Index. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Mikronesien - BIP pro Kopf PPP.

GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The government employs over two-thirds of the adult working population; has monopolies in fuel, telecommunications, and copra production; and is heavily dependent on U.S. subsidies.The total value of exports and imports of goods and services equals 99.0 percent of GDP. Economic activity consists largely of subsistence farming and fishing.Micronesia is ranked at the bottom of the World Bank’s Doing Business assessment of property registration. Over the past 28 years, the value for this indicator has fluctuated between 3,422 in 2011 and 2,729 in 1990.Definition: GDP per capita based on purchasing power parity (PPP). GDP per capita is gross domestic product divided by midyear population. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total … All Rights Reserved. from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus).

There is no system for land title insurance. As the graph below shows, over the past 35 years this indicator reached a maximum value of 3,568 in 2018 and a minimum value of 1,276 in 1986.

GDP Per Capita in Micronesia averaged 2656.28 USD from 1986 until 2018, reaching an all time high of 2961.90 USD in 2011 and a record low of 2295.10 USD in 1987.

GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. ... Micronesia (2018) 3,568 125 The eastern four island groups (Pohnpei, Chuuk, Yap, and Kosrae) adopted a constitution in 1979 and became the Federated States of Micronesia. The GDP per capita of Federated States of Micronesia in 2018 was €3,088 $3,634, €62 $85 less than in 2017, when it was €3,150 $3,549. Under a Compact of Free Association signed in 1986, the U.S. is responsible for Micronesia’s defense and currently provides about $130 million annually in economic assistance. GDP per capita of Micronesia (Federated States of) increased from 2,194.77 current prices in 2000 to 3,583.73 current prices in 2019 growing at an average annual rate of 2.64%. Constant 2010 USD It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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micronesia gdp per capita

micronesia gdp per capita

micronesia gdp per capita

micronesia gdp per capita