Micronesia Inflation Rate 2000-2024

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. The Laspeyres formula is generally used.
  • Micronesia inflation rate for 2022 was 5.41%, a 2.22% increase from 2021.
  • Micronesia inflation rate for 2021 was 3.19%, a 2.64% increase from 2020.
  • Micronesia inflation rate for 2020 was 0.55%, a 1.37% decline from 2019.
  • Micronesia inflation rate for 2019 was 1.92%, a 0.43% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Angola 21.36%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Cabo Verde 7.93%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
India 6.70%
Vanuatu 6.68%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Papua New Guinea 5.25%
Djibouti 5.18%
Indonesia 4.21%
West Bank and Gaza 3.74%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Micronesia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 5.41% 2.22%
2021 3.19% 2.64%
2020 0.55% -1.37%
2019 1.92% 0.43%
2018 1.50% 0.92%
2017 0.58% 1.62%
2016 -1.04% -0.74%
2015 -0.30% -0.95%
2014 0.65% -1.10%
2013 1.75% -3.27%
2012 5.02% -0.06%
2011 5.08% 1.77%
2010 3.31% -3.08%
2009 6.39% -2.03%
2008 8.42% 5.12%
2007 3.31% -1.33%
2006 4.64% 0.38%
2005 4.26% 1.98%
2004 2.28% 2.15%
2003 0.13% 0.24%
2002 -0.11% -0.61%
2001 0.50% -1.66%
2000 2.16% -1.66%