Micronesia - GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Micronesia was 3,553 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,612 in 2019 and 1,770 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,770
1991 1,916
1992 1,986
1993 2,145
1994 2,136
1995 2,301
1996 2,252
1997 2,150
1998 2,242
1999 2,315
2000 2,489
2001 2,605
2002 2,664
2003 2,759
2004 2,754
2005 2,911
2006 3,018
2007 3,069
2008 3,080
2009 3,155
2010 3,266
2011 3,422
2012 3,388
2013 3,276
2014 3,214
2015 3,350
2016 3,374
2017 3,490
2018 3,544
2019 3,612
2020 3,553

Statistical Concept and Methodology: For more information, see the metadata for PPP GDP in current international dollars (NY.GDP.MKTP.PP.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity