Macro Index Overview / East Asia & Pacific / FSM
Micronesia, Fed. Sts. ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: FSM FM

Micronesia, Fed. Sts.

Fiscal year ends on September 30; reporting period for national accounts data: FY. The source for national accounts data is the Pacific and Virgin Islands Training Initiative.

East Asia & Pacific Upper middle income Blocs: Other Palikir

Global Rank (2023)

#168 / 205

Top 82% of global economies

Composite Score (2023)

43.5 / 100

Living Standard (2023)

$2,948

Subscore: 42.07 / 100

CPI Inflation (2023)

โ€”

Stability Score: 50 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 42.07

Raw: $2,948 (2015 USD)

Price Stability (25%) 50

Raw: โ€” (Anchor: 3.0%)

External Solvency (25%) 50

Raw: โ€”

Economic Scale (15%) 25.42

Raw: $0.4B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

External Solvency & Trade Surplus Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Micronesia, Fed. Sts.'s global competitive ranking by accentuating its comparative strengths.

Peak Rank #73 / 205
Default Rank #168
+95 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 0%
Baseline: 25%
External Solvency 100%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Micronesia, Fed. Sts. achieves peak standing through massive current account surpluses and external asset buffers.

Under this bespoke weighting, Micronesia, Fed. Sts.'s composite score climbs to 50 (compared to 43.5 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Micronesia, Fed. Sts.'s multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Micronesia, Fed. Sts. (FSM)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #168 / 205 โ€ข Composite Score: 43.5 / 100 โ€ข Living Standard: $2,948 โ€ข Inflation: โ€”
#1#50#100#150#20019601970198019902000201020202025#168
Hover or click any node along the curve to inspect that historical year in real time
Primary: Micronesia, Fed. Sts. Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B
Micronesia, Fed. Sts. (FSM) Active#16843.5$2,948โ€”โ€”$0.4B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Micronesia, Fed. Sts.

Metric:
Selected Era: 2023 ยท Click any node to select
100755025037.419701970s39.819801980s41.319901990s53.920002000s48.120102010s52.820202020s43.52023Recent