FSM - National and States GDP Estimates
Gross Domestic Product by Major Sector of Economic Activity and State: FY97 to FY07proj
| FSM |
hFY97 |
FY98 |
FY99 |
FY00 |
FY01 |
FY02 |
FY03 |
FY04 |
FY05 |
FY06 |
FY07proj. |
| Productive Enterprises
|
58.6 |
72.5 |
70.2 |
79.5 |
79.2 |
77.9 |
82.2 |
80.7 |
81.1 |
81.2 |
82.7 |
| Private Sector
|
48.6 |
54.7 |
57.8 |
64.6 |
64.4 |
62.9 |
64.2 |
63.7 |
64.5 |
65.2 |
67.1 |
| Compensation
|
21.7 |
26.7 |
28.3 |
31.4 |
32.2 |
31.6 |
32.1 |
32.3 |
31.8 |
32.3 |
33.3 |
| Operating Surplus
|
26.9 |
27.9 |
29.5 |
33.2 |
32.2 |
31.4 |
32.1 |
31.4 |
32.7 |
32.9 |
33.8 |
| Public Enterprises
|
9.9 |
17.8 |
12.4 |
14.9 |
14.8 |
14.9 |
18 |
17 |
16.5 |
16 |
15.6 |
| Compensation
|
11.5 |
13.9 |
13.4 |
12.8 |
12.4 |
12.5 |
12.5 |
12.1 |
11.7 |
11.5 |
11.3 |
| Operating Surplus
|
1.7 |
8.6 |
3.9 |
7.9 |
8.2 |
5.7 |
8 |
6 |
6.1 |
5.3 |
5.2 |
| less Subsidies
|
-3.3 |
-4.7 |
-4.8 |
-5.8 |
-5.7 |
-3.3 |
-2.5 |
-1.1 |
-1.2 |
-0.9 |
-0.9 |
| Financial Enterprises
|
6.6 |
6.9 |
7.2 |
8.4 |
8 |
7.2 |
4.3 |
4.8 |
5.5 |
6.4 |
7 |
| Government
|
64.9 |
61.8 |
60.4 |
61.7 |
65.1 |
69.9 |
69.7 |
68.5 |
70.5 |
72.8 |
68.1 |
| National
|
10.6 |
9.8 |
10.7 |
10.3 |
10.4 |
10.8 |
10.9 |
11 |
9.8 |
10 |
10.1 |
| State
|
43.7 |
39.5 |
37 |
38.5 |
41.1 |
43.5 |
42.8 |
41.2 |
44.6 |
48.4 |
44.9 |
| Municipalities
|
2.3 |
2.4 |
2.9 |
2.9 |
2.6 |
3.3 |
3.1 |
2.1 |
2.5 |
3.1 |
2.1 |
| Government Agencies
|
8.3 |
10 |
9.8 |
10.1 |
10.9 |
12.3 |
12.9 |
14.3 |
13.6 |
11.3 |
11 |
| Non Profit Organizations |
2.2 |
2.3 |
2.3 |
2.3 |
2.3 |
2.5 |
2.4 |
2.5 |
2.5 |
2.6 |
2.7 |
| Households
|
50.7 |
51.6 |
52.7 |
54 |
54.9 |
54.9 |
54.9 |
54.2 |
57.6 |
60.8 |
62.7 |
| Subsistence
|
30.8 |
31.4 |
32 |
32.7 |
33.3 |
33.3 |
33.3 |
32.4 |
34.7 |
36.9 |
38.2 |
| Home Ownership
|
19.8 |
20.2 |
20.7 |
21.3 |
21.6 |
25 |
21.5 |
21.9 |
22.9 |
23.9 |
24.5 |
| Indirect Taxes
|
14.3 |
16.4 |
18.4 |
20.3 |
19.1 |
17.4 |
19.1 |
18.5 |
21.1 |
20.3 |
20.6 |
| less bank service charge |
-7.1 |
-7.7 |
-7.8 |
-9 |
-8.4 |
-7.9 |
-4.8 |
-4.9 |
-6.1 |
-7.2 |
-7.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Nominal GDP (US$ millions)
|
190.1 |
203.8 |
203.4 |
217.2 |
220.3 |
221.9 |
227.8 |
224.3 |
232.2 |
236.9 |
235.9 |
| Nominal GDP per capita |
$1,789 |
$1,913 |
$1,905 |
$2,030 |
$2,054 |
$2,065 |
$2,116 |
$2,081 |
$2,152 |
$2,194 |
$2,183 |
| Inflation Index
|
98.4 |
100 |
101.9 |
104 |
105.3 |
105.2 |
104.9 |
106.8 |
111.3 |
116.2 |
119.4 |
| Inflation Rate
|
2.7% |
1.6% |
1.9% |
2.0% |
1.3% |
-0.1% |
-0.2% |
1.8% |
4.1% |
4.4% |
2.8% |
| Population (thousands)
|
106.3 |
106.5 |
106.8 |
107 |
107.3 |
107.5 |
107.6 |
107.8 |
107.9 |
108 |
108 |
| Population Growth Rate |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
0.1% |
0.1% |
0.1% |
0.1% |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Real GDP (CPI deflated), (FY98 US$ millions) |
193.2 |
203.8 |
199.6 |
208.9 |
209.1 |
211 |
217 |
209.9 |
208.7 |
203.9 |
197.5 |
| Real GDP Growth Rate |
-10.6% |
5.5% |
-2.1% |
4.7% |
0.1% |
0.9% |
2.9% |
-3.3% |
-0.6% |
-2.3% |
-3.2% |
Sources:
FSM Department of Finance and Administration; FSM Social Security
Administration
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