Home → Micronesia, Federated States of → Currency → Foreign Reserves

Micronesia, Federated States of Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Micronesia, Federated States of's foreign reserves was $497.4M in 2021, ranked 152nd globally. This represents a 10.1% increase from 2020. Data from World Bank, covering 1995–2021.

$497.4M +$45.5M (+10.1%)
Year 2021 Rank #152 Global Peak $497.4M (2021) Source World Bank

Micronesia, Federated States of Foreign Reserves (1995–2021)

Overview

Micronesia, Federated States of's foreign reserves stood at $497.4M in 2021, a rise of +$45.5M from 2020. Micronesia, Federated States of ranked 152nd globally.

Micronesia’s foreign reserves have risen sharply from 69,499,661.38 in 1995 to a record 497,434,120.42 in 2021, placing the nation at 152nd globally and surpassing the Central African Republic’s 483,872,115.78 while still lagging behind Eswatini’s 572,281,510.90. The upward trajectory was interrupted by a pronounced trough of 39,986,224.52 in 2008, reflecting the global financial crisis’s impact on small island economies reliant on external aid and tourism. Since that low point, reserves have expanded at an average annual rate of roughly 7 percent, driven by improved fiscal management, modest growth in export earnings, and remittance inflows. The 2021 peak coincides with a period of renewed external financing and the accumulation of foreign exchange reserves to buffer against climate‑related shocks. Continued diversification of revenue sources and sustained prudential reserve policies will be essential for maintaining the recent positive trend and mitigating future external vulnerabilities.

Data & projection

Year Foreign Reserves YoY change Rank
2021 $497.4M +$45.5M #152
2020 $451.9M +$54.8M #151
2019 $397.2M +$193.6M #151
2018 $203.5M −$190,654 #161
2017 $203.7M +$46.7M #162
2016 $157.0M +$21.9M #166
2015 $135.1M +$21.0M #170
2014 $114.1M +$29.8M #171
2013 $84.3M +$7.5M #173
2012 $76.8M +$1.7M #172
2011 $75.1M +$19.3M #171
2010 $55.8M +$45,237 #171
2009 $55.7M +$15.7M #173
2008 $40.0M −$8.5M #173
2007 $48.5M +$1.9M #168
Show all years (1995-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.1% GDP growth 3.1% C/A balance 2.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Micronesia, Federated States of's foreign reserves?▾

Micronesia, Federated States of's foreign reserves was $497.4M in 2021. Ranked 152nd globally. This represents a 10.1% increase from the previous year.

What was the highest foreign reserves in Micronesia, Federated States of?▾

Micronesia, Federated States of's foreign reserves peaked at $497.4M in 2021.

What was the lowest foreign reserves in Micronesia, Federated States of?▾

The lowest foreign reserves in Micronesia, Federated States of was $40.0M in 2008.

How does Micronesia, Federated States of rank in foreign reserves?▾

Micronesia, Federated States of ranks 152nd globally in foreign reserves as of 2021.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is Micronesia, Federated States of's foreign reserves in million?▾

Micronesia, Federated States of's foreign reserves was approximately 497.43 million ($497.4M) in 2021.

What is the foreign reserves of Micronesia, Federated States of in 2021?▾

The foreign reserves of Micronesia, Federated States of in 2021 was $497.4M. This ranks 152nd in the world.

Cite this page

APA
Micronesia, Federated States of Foreign Reserves. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/micronesia-federated-states-of/reserves/
BibTeX
@misc{historysaid_micronesia-federated-states-of_reserves, title = {Micronesia, Federated States of Foreign Reserves}, url = {https://historysaid.com/micronesia-federated-states-of/reserves/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub