Micronesia Inflation Rate 2000-2023
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 2020 was 0.55%, a 0.99% decline from 2019.
- Micronesia inflation rate for 2019 was 1.54%, a 0.25% decline from 2018.
- Micronesia inflation rate for 2018 was 1.79%, a 1.11% increase from 2017.
- Micronesia inflation rate for 2017 was 0.69%, a 1.73% increase from 2016.
| Micronesia Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2020 |
0.55% |
-0.99% |
| 2019 |
1.54% |
-0.25% |
| 2018 |
1.79% |
1.11% |
| 2017 |
0.69% |
1.73% |
| 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% |
