Micronesia, Fed. Sts.'s inflation, consumer prices (annual % growth) was 5.41% in 2022, the latest year in the World Bank's World Development Indicators. That is up 0.39 percentage points from 5.02% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.41% | 2022 |
| Five years earlier | 0.58% | 2017 |
| Ten years earlier | 5.02% | 2012 |
| Highest | 8.42% | 2008 |
| Lowest | -1.04% | 2016 |
| Average since 2013 | 1.42% | 2013–2022 |
| First recorded | 2.16% | 2000 |
What the numbers say
In 2022, Micronesia, Fed. Sts.'s inflation, consumer prices (annual % growth) rose 2.22 percentage points on 2021 (from 3.19% to 5.41%).
Across the 21 yearly changes before that (2001 to 2021), the average change was +0.05 percentage points and a typical year strayed about 2.03 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 5.12 percentage points in 2008 and the biggest yearly fall was 3.27 percentage points in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 0.39 percentage points a year. A straight line explains 42% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Micronesia, Fed. Sts. | 5.41% | 2022 |
| World | 3.04% | 2025 |
| East Asia & Pacific | 2.02% | 2025 |
| Upper middle income | 3.26% | 2025 |
Closest to Micronesia, Fed. Sts. in the 2022 ranking
What this measures
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
Regional and income-group figures are computed by the World Bank as a median.
All 23 values
| Year | Inflation, consumer prices (annual % growth) |
|---|---|
| 2022 | 5.41 |
| 2021 | 3.19 |
| 2020 | 0.5546 |
| 2019 | 1.92 |
| 2018 | 1.5 |
| 2017 | 0.5823 |
| 2016 | -1.04 |
| 2015 | -0.2981 |
| 2014 | 0.6503 |
| 2013 | 1.75 |
| 2012 |
Inflation, consumer prices (annual % growth) in nearby economies
- Australia — 2.87% (2025)
- Brunei Darussalam — -0.3% (2025)
- Cambodia — 2.35% (2025)
- China — 0.06% (2025)
- Fiji — -1.38% (2025)
- Hong Kong SAR, China — 1.44% (2025)
- Indonesia — 1.91% (2025)
- Japan — 3.17% (2025)
- Kiribati — 6.51% (2025)
- Korea, Rep. — 2.12% (2025)
More financial sector data for Micronesia, Fed. Sts.
- Official exchange rate (LCU per US$, period average) — US$1 (2025)
- GDP deflator (base year varies by country) — 191.62 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Inflation, GDP deflator (annual % growth) — 3.2% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 3.2% (2025)
- GDP deflator, linked series (base year varies by country) — 191.62 (2025)
- Net foreign assets (current LCU) — 0 (2022)
- Domestic credit to private sector by banks (% of GDP) — 23.43% (2021)
- Net domestic credit (current LCU)
Reading data like this
Questions people ask
- What is Micronesia, Fed. Sts.'s inflation, consumer prices (annual % growth)?
- 5.41% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 3.25 percentage points from 2.16% in 2000. The highest value was 8.42% in 2008 and the lowest -1.04% in 2016.
- Is the latest change in inflation, consumer prices (annual % growth) unusual for Micronesia, Fed. Sts.?
- In 2022, Micronesia, Fed. Sts.'s inflation, consumer prices (annual % growth) rose 2.22 percentage points on 2021 (from 3.19% to 5.41%). Across the 21 yearly changes before that (2001 to 2021), the average change was +0.05 percentage points and a typical year strayed about 2.03 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator FP.CPI.TOTL.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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