Micronesia, Federated States of Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Micronesia, Federated States of's current account balance was -0.89% in 2025, ranked 75th globally. This represents a 181.8% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Micronesia, Federated States of's current account balance stood at -0.89% in 2025, a decline of +1.97% from 2024. The IMF projects -0.89% by 2025. Micronesia, Federated States of ranked 75th globally.
Micronesia, Federated States of, has maintained a modestly negative current‑account balance in recent years, recording a deficit of –0.89 % of GDP in 2025, which placed the country 75th globally. This figure represents a dramatic reversal from the all‑time trough of –31.12 % in 1997, when external financing constraints and limited export diversification strained the balance of payments. The peak surplus of 21.44 % in 2018 coincided with a temporary surge in remittances and tourism receipts, illustrating how external inflows can quickly improve the account. Over the 31‑year series, the balance has trended toward a narrow deficit, aligning closely with peers such as Cabo Verde (–0.87 %) and South Africa (–0.90 %). Continued investment in high‑value services and the expansion of export markets will be essential to shift the current‑account trajectory toward sustained surpluses.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -4.58% | - | - |
| 2029* IMF | -4.41% | - | - |
| 2028* IMF | -3.62% | - | - |
| 2027* IMF | -3.46% | - | - |
| 2026* IMF | -3.50% | - | - |
| 2025* IMF | -0.89% | - | - |
| 2025 | -0.89% | −1.97% | #75 |
| 2024 | 1.09% | −2.78% | #122 |
| 2023 | 3.87% | −5.05% | #153 |
| 2022 | 8.92% | +6.66% | #163 |
| 2021 | 2.26% | +8.06% | #139 |
| 2020 | -5.80% | −21.90% | #59 |
| 2019 | 16.10% | −5.34% | #188 |
| 2018 | 21.44% | +10.99% | #191 |
| 2017 | 10.45% | +3.18% | #186 |
| 2016 | 7.27% | +2.75% | #180 |
| 2015 | 4.52% | −1.65% | #164 |
| 2014 | 7.14% | +17.19% | #171 |
| 2013 | -0.69% | +13.01% | #125 |
| 2012 | -7.38% | +12.06% | #62 |
| 2011 | -14.41% | +3.45% | #19 |
Detected Pattern
Analysis
Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Micronesia, Federated States of's current account balance was -0.89% in 2025. Ranked 75th globally. This represents a 181.8% decrease from the previous year.
Micronesia, Federated States of's current account balance peaked at 21.44% in 2018.
The lowest current account balance in Micronesia, Federated States of was -31.12% in 1997.
Micronesia, Federated States of ranks 75th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Micronesia, Federated States of's current account balance is projected to reach -0.89% by 2025 based on IMF projection.
The current account balance of Micronesia, Federated States of in 2025 was -0.89%. This ranks 75th in the world.
Cite this page
@misc{historysaid_micronesia-federated-states-of_current-account,
title = {Micronesia, Federated States of Current Account Balance},
url = {https://historysaid.com/micronesia-federated-states-of/current-account/},
publisher = {HistorySaid},
year = {2026}
}