Micronesia, Fed. Sts.: Net foreign assets (current LCU)

Key figures

What the numbers say

In 2022, Micronesia, Fed. Sts.'s net foreign assets (current LCU) fell 894.63 million on 2021 (from 894.63 million to 0).

Across the 26 yearly changes before that (1996 to 2021), the average change was +26.31 million and a typical year strayed about 50.32 million from that (the standard deviation). This year's change was 18.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 202.48 million in 2019 and the biggest yearly fall was 894.63 million in 2022. 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 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Micronesia, Fed. Sts. in the 2022 ranking

• Central African Republic — 1st of 3: 15.18 billion
• Sudan — 3rd of 3: -3.96 trillion

What this measures

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 28 values

Net foreign assets (current LCU) in nearby economies

• Australia — -136.13 billion (2025)
• Brunei Darussalam — 15.89 billion (2025)
• Cambodia — 130.8 trillion (2025)
• China — 30.27 trillion (2024)
• Fiji — 3.45 billion (2025)
• Hong Kong SAR, China — 12.08 trillion (2025)
• Indonesia — 2,159.04 trillion (2025)
• Japan — 54.94 trillion (2025)
• Korea, Rep. — 627.85 trillion (2024)
• Macao SAR, China — 883.16 billion (2025)
• Malaysia

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)
• Domestic credit to private sector by banks (% of GDP) — 23.43% (2021)
• Net domestic credit (current LCU) — 7.41 million (2021)
• Monetary sector credit to private sector (% of GDP)

Reading data like this

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Questions people ask

What is Micronesia, Fed. Sts.'s net foreign assets (current LCU)?

0 in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is down 100% from 210.49 million in 1995. The highest value was 894.63 million in 2021 and the lowest 0 in 2022.

Is the latest change in net foreign assets (current LCU) unusual for Micronesia, Fed. Sts.?

In 2022, Micronesia, Fed. Sts.'s net foreign assets (current LCU) fell 894.63 million on 2021 (from 894.63 million to 0). Across the 26 yearly changes before that (1996 to 2021), the average change was +26.31 million and a typical year strayed about 50.32 million from that (the standard deviation). This year's change was 18.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FM.AST.NFRG.CN, 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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