Oceania · Micronesia

Micronesia

Federated States of Micronesia · World’s #207 economy

Nominal GDP 2025
$502 million
Population 2025
113,683
GDP per capita
$4,414
GDP growth 2025
1.1%
Flag of Micronesia

Overview

Official name
Federated States of Micronesia
Capital
Palikir
Region
Oceania · Micronesia
Area
702 km²
Coordinates
6.92, 158.25
Languages
English
Currency
Calling code · domain
+691 · .fm
ISO codes
FM / FSM

Map

Micronesia · $502 million Guam · $6.91 billion Indonesia · $1.45 trillion Kiribati · $349 million Marshall Islands · $308 million Northern Mariana Islands · $1.10 billion Nauru · $176 million Papua New Guinea · $32.5 billion Palau · $345 million Solomon Islands · $1.75 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population113,6832025
Population growth0.46%2025
Urban population22.5%2025
Population density160.9 people/km²2023
Life expectancy67.4 years2024
Adult literacy—

Age structure (2025)

0–14: 31.5%15–64: 62.3%65+: 6.2%

Macroeconomy

Nominal GDP$502 million2025
Real GDP growth1.1%2025
GDP per capita$4,4142025
GDP per capita (PPP)$4,3472024
GNI (PPP)$578 million2025
Inflation (CPI)5.4%2022
Unemployment—
Industry, % of GDP5.3%2025
Exports, % of GDP22.1%2025
Imports, % of GDP70.9%2025
Merchandise exports$109 million2025
Merchandise imports$310 million2025
FDI net inflows$20.2 million2014

Micronesia ranks #207 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index—
Import clearance time—
Total tax rate (% of profit)60.5%2017
Land area700 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (4)

State: 4

  • Chuuk FM-TRK
  • Kosrae FM-KSA
  • Pohnpei FM-PNI
  • Yap FM-YAP

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Pohnpei Harbor FMPNISmallcoastal (natural)9.4 m—
ColoniaVery smallcoastal (natural)23.2 m—
Lele HarborVery smallcoastal (natural)14.0 m—
MoenVery smallopen roadstead7.9 m—

4 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Micronesia: MFN rates apply (if a WTO member).

Trade agreements in force (1)

Micronesia is party to 1 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
Pacific Island Countries Trade Agreement (PICTA) FTA
Goods
13 Apr 2003 Solomon IslandsCook IslandsFijiKiribatiNauruVanuatuNiuePapua New GuineaTongaTuvalu +1

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Micronesia can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.