Micronesia - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Micronesia was $231,263,800 as of 2014. Over the past 5 years, the value for this indicator has fluctuated between $264,073,400 in 2012 and $231,263,800 in 2014.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2009 $240,065,400
2010 $240,284,300
2011 $253,223,500
2012 $264,073,400
2013 $259,293,000
2014 $231,263,800

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Micronesia was $266,400,000 as of 2020. Over the past 37 years, the value for this indicator has fluctuated between $302,700,000 in 2019 and $89,800,000 in 1983.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1983 $89,800,000
1995 $162,387,700
1996 $182,834,000
1997 $182,125,300
1998 $180,575,600
1999 $172,319,200
2000 $169,396,700
2001 $184,320,400
2002 $173,961,400
2003 $186,599,300
2004 $187,839,500
2005 $189,722,600
2006 $195,838,100
2007 $195,650,000
2008 $226,222,700
2009 $243,611,500
2010 $243,860,300
2011 $255,859,900
2012 $266,613,200
2013 $262,856,300
2014 $236,361,400
2015 $247,594,700
2016 $242,489,900
2017 $260,565,500
2018 $262,770,200
2019 $302,700,000
2020 $266,400,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Micronesia was 266,400,000 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 302,700,000 in 2019 and a minimum value of 89,800,000 in 1983.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1983 89,800,000
1995 162,387,700
1996 182,834,000
1997 182,125,300
1998 180,575,600
1999 172,319,200
2000 169,396,700
2001 184,320,400
2002 173,961,400
2003 186,599,300
2004 187,839,500
2005 189,722,600
2006 195,838,100
2007 195,650,000
2008 226,222,700
2009 243,611,500
2010 243,860,300
2011 255,859,900
2012 266,613,200
2013 262,856,300
2014 236,361,400
2015 247,594,700
2016 242,489,900
2017 260,565,500
2018 262,770,200
2019 302,700,000
2020 266,400,000

Imports of goods and services (constant 2010 US$)

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 247,594,700

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Micronesia was 64.96 as of 2020. Its highest value over the past 37 years was 88.14 in 1997, while its lowest value was 64.96 in 2020.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1983 84.32
1995 73.29
1996 83.66
1997 88.14
1998 82.50
1999 78.28
2000 72.62
2001 76.49
2002 71.73
2003 76.03
2004 78.19
2005 75.80
2006 77.24
2007 76.19
2008 85.97
2009 86.92
2010 82.12
2011 82.19
2012 81.47
2013 82.86
2014 74.03
2015 78.23
2016 72.98
2017 71.06
2018 65.38
2019 74.18
2020 64.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments