Micronesia - Services
Financial intermediary services indirectly Measured (FISIM) (current LCU)
The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Micronesia was 6,609,600 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 6,609,600 in 2020 and a minimum value of 1,808,800 in 1997.
Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 2,241,500 |
| 1996 | 2,096,000 |
| 1997 | 1,808,800 |
| 1998 | 1,823,100 |
| 1999 | 2,554,900 |
| 2000 | 3,119,600 |
| 2001 | 3,649,900 |
| 2002 | 4,707,400 |
| 2003 | 2,622,700 |
| 2004 | 2,353,100 |
| 2005 | 3,050,800 |
| 2006 | 3,684,200 |
| 2007 | 4,018,700 |
| 2008 | 4,241,200 |
| 2009 | 4,001,200 |
| 2010 | 4,397,500 |
| 2011 | 4,533,600 |
| 2012 | 4,603,500 |
| 2013 | 4,570,100 |
| 2014 | 4,551,400 |
| 2015 | 4,896,400 |
| 2016 | 5,593,800 |
| 2017 | 5,513,300 |
| 2018 | 6,479,500 |
| 2019 | 6,576,700 |
| 2020 | 6,609,600 |
Financial intermediary services indirectly Measured (FISIM) (constant LCU)
The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Micronesia was 4,428,400 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 4,765,700 in 2002 and a minimum value of 1,918,100 in 1998.
Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 2,529,600 |
| 1996 | 2,301,000 |
| 1997 | 1,934,200 |
| 1998 | 1,918,100 |
| 1999 | 2,637,400 |
| 2000 | 3,167,500 |
| 2001 | 3,684,300 |
| 2002 | 4,765,700 |
| 2003 | 2,665,100 |
| 2004 | 2,353,100 |
| 2005 | 2,953,700 |
| 2006 | 3,459,600 |
| 2007 | 3,666,600 |
| 2008 | 3,628,600 |
| 2009 | 3,167,300 |
| 2010 | 3,386,400 |
| 2011 | 3,367,600 |
| 2012 | 3,238,800 |
| 2013 | 3,135,600 |
| 2014 | 3,098,600 |
| 2015 | 3,336,600 |
| 2016 | 3,868,100 |
| 2017 | 3,811,800 |
| 2018 | 4,428,400 |
| 2019 | 4,428,400 |
| 2020 | 4,428,400 |
Services, value added (current US$)
The latest value for Services, value added (current US$) in Micronesia was $273,909,400 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $273,909,400 in 2020 and $136,124,100 in 1998.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $144,986,600 |
| 1996 | $144,324,300 |
| 1997 | $136,511,200 |
| 1998 | $136,124,100 |
| 1999 | $140,065,200 |
| 2000 | $146,407,400 |
| 2001 | $154,661,700 |
| 2002 | $159,209,800 |
| 2003 | $157,585,800 |
| 2004 | $156,829,500 |
| 2005 | $162,530,200 |
| 2006 | $168,667,100 |
| 2007 | $167,674,500 |
| 2008 | $169,231,500 |
| 2009 | $172,193,100 |
| 2010 | $180,307,800 |
| 2011 | $183,311,100 |
| 2012 | $187,166,700 |
| 2013 | $189,785,400 |
| 2014 | $204,323,300 |
| 2015 | $195,760,000 |
| 2016 | $202,644,900 |
| 2017 | $222,601,700 |
| 2018 | $268,348,200 |
| 2019 | $272,487,100 |
| 2020 | $273,909,400 |
Services, value added (current LCU)
The value for Services, value added (current LCU) in Micronesia was 273,909,400 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 273,909,400 in 2020 and a minimum value of 136,124,100 in 1998.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 144,986,600 |
| 1996 | 144,324,300 |
| 1997 | 136,511,200 |
| 1998 | 136,124,100 |
| 1999 | 140,065,200 |
| 2000 | 146,407,400 |
| 2001 | 154,661,700 |
| 2002 | 159,209,800 |
| 2003 | 157,585,800 |
| 2004 | 156,829,500 |
| 2005 | 162,530,200 |
| 2006 | 168,667,100 |
| 2007 | 167,674,500 |
| 2008 | 169,231,500 |
| 2009 | 172,193,100 |
| 2010 | 180,307,800 |
| 2011 | 183,311,100 |
| 2012 | 187,166,700 |
| 2013 | 189,785,400 |
| 2014 | 204,323,300 |
| 2015 | 195,760,000 |
| 2016 | 202,644,900 |
| 2017 | 222,601,700 |
| 2018 | 268,348,200 |
| 2019 | 272,487,100 |
| 2020 | 273,909,400 |
Services, value added (constant 2010 US$)
The latest value for Services, value added (constant 2010 US$) in Micronesia was 214,572,400 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 214,572,400 in 2020 and 178,739,000 in 1998.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 197,364,400 |
| 1996 | 192,699,200 |
| 1997 | 185,030,000 |
| 1998 | 178,739,000 |
| 1999 | 186,960,500 |
| 2000 | 193,071,400 |
| 2001 | 203,066,000 |
| 2002 | 207,816,800 |
| 2003 | 206,024,700 |
| 2004 | 202,394,300 |
| 2005 | 203,889,300 |
| 2006 | 209,057,700 |
| 2007 | 202,251,500 |
| 2008 | 195,030,300 |
| 2009 | 191,685,300 |
| 2010 | 196,211,800 |
| 2011 | 196,985,400 |
| 2012 | 193,908,500 |
| 2013 | 192,647,000 |
| 2014 | 190,090,500 |
| 2015 | 195,760,000 |
| 2016 | 201,155,600 |
| 2017 | 206,944,700 |
| 2018 | 208,812,900 |
| 2019 | 213,926,500 |
| 2020 | 214,572,400 |
Services, value added (annual % growth)
The value for Services, value added (annual % growth) in Micronesia was 0.30 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 5.18 in 2001 and a minimum value of -3.98 in 1997.
Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1996 | -2.36 |
| 1997 | -3.98 |
| 1998 | -3.40 |
| 1999 | 4.60 |
| 2000 | 3.27 |
| 2001 | 5.18 |
| 2002 | 2.34 |
| 2003 | -0.86 |
| 2004 | -1.76 |
| 2005 | 0.74 |
| 2006 | 2.53 |
| 2007 | -3.26 |
| 2008 | -3.57 |
| 2009 | -1.72 |
| 2010 | 2.36 |
| 2011 | 0.39 |
| 2012 | -1.56 |
| 2013 | -0.65 |
| 2014 | -1.33 |
| 2015 | 2.98 |
| 2016 | 2.76 |
| 2017 | 2.88 |
| 2018 | 0.90 |
| 2019 | 2.45 |
| 2020 | 0.30 |
Services, value added (constant LCU)
The value for Services, value added (constant LCU) in Micronesia was 166,266,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 166,266,000 in 2020 and a minimum value of 138,499,700 in 1998.
Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 152,932,000 |
| 1996 | 149,317,100 |
| 1997 | 143,374,400 |
| 1998 | 138,499,700 |
| 1999 | 144,870,300 |
| 2000 | 149,605,500 |
| 2001 | 157,350,000 |
| 2002 | 161,031,300 |
| 2003 | 159,642,600 |
| 2004 | 156,829,500 |
| 2005 | 157,988,000 |
| 2006 | 161,992,800 |
| 2007 | 156,718,900 |
| 2008 | 151,123,400 |
| 2009 | 148,531,400 |
| 2010 | 152,038,900 |
| 2011 | 152,638,300 |
| 2012 | 150,254,100 |
| 2013 | 149,276,600 |
| 2014 | 147,295,700 |
| 2015 | 151,688,800 |
| 2016 | 155,869,700 |
| 2017 | 160,355,500 |
| 2018 | 161,803,100 |
| 2019 | 165,765,500 |
| 2020 | 166,266,000 |
Services, value added (% of GDP)
Services, value added (% of GDP) in Micronesia was 66.79 as of 2020. Its highest value over the past 25 years was 66.79 in 2020, while its lowest value was 57.19 in 2012.
Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 65.43 |
| 1996 | 66.04 |
| 1997 | 66.07 |
| 1998 | 62.19 |
| 1999 | 63.63 |
| 2000 | 62.76 |
| 2001 | 64.18 |
| 2002 | 65.65 |
| 2003 | 64.21 |
| 2004 | 65.28 |
| 2005 | 64.94 |
| 2006 | 66.52 |
| 2007 | 65.30 |
| 2008 | 64.31 |
| 2009 | 61.44 |
| 2010 | 60.72 |
| 2011 | 58.89 |
| 2012 | 57.19 |
| 2013 | 59.83 |
| 2014 | 64.00 |
| 2015 | 61.85 |
| 2016 | 60.99 |
| 2017 | 60.71 |
| 2018 | 66.76 |
| 2019 | 66.78 |
| 2020 | 66.79 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
