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Micronesia GDP consumption % 1983: Interactive Chart & Historical Data

GDP consumption % in Micronesia stood at 180.1% in 1983, according to World Bank. Micronesia ranked 2nd highest of the 118 countries in this dataset in 1983; Solomon Islands ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1983–1983
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What is GDP consumption %?

GDP consumption %, measured in %, measures the total economic output of Micronesia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Micronesia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest GDP consumption % in Micronesia?

GDP consumption % in Micronesia stood at 180.1% in 1983, according to World Bank.

How does Micronesia rank for GDP consumption %?

Micronesia ranked 2nd highest of the 118 countries in this dataset in 1983; Solomon Islands ranked first.

Metadata for GDP consumption % in Micronesia
IndicatorGDP consumption %
CountryMicronesia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Last available value: 180.1% (1983)

Latest data for Micronesia: 1983. Other countries in this series have data up to 2025.

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Source:World Bank — series NE.CON.TOTL.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). GDP consumption % — Micronesia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-consumption-percent/FSM. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS

MLA

World Bank. "GDP consumption % — Micronesia." EconDash, 2026, https://econdash.org/chart/gdp-consumption-percent/FSM. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS.

Chicago

World Bank. 2026. "GDP consumption % — Micronesia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-consumption-percent/FSM. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS.

BibTeX
@misc{econdash_gdp_consumption_percent_fsm,
  author = {{World Bank}},
  title = {{GDP consumption \% --- Micronesia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/gdp-consumption-percent/FSM},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS}
}