Annual growth of the gross capital formation in Marshall Islands
Marshall Islands: Annual growth of the gross capital formation was 13.8% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Marshall Islands, 2005–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Marshall Islands stood at 13.8%.
That represents a change of up 153.1% on the previous year and up 180.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Marshall Islands peaked at 141.4% in 2019 and was at its lowest, -59.2%, in 2020.
That places Marshall Islands 24th out of 174 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 5.4% | — |
| 2006 | 66.7% | +1141.9% |
| 2007 | -7.3% | -110.9% |
| 2008 | -30.1% | +313.1% |
| 2009 | 91.6% | -404.9% |
| 2010 | 19.5% | -78.7% |
| 2011 | -44.4% | -328.0% |
| 2012 | -34.6% | -22.2% |
| 2013 | 78.6% | -327.4% |
| 2014 | -17.2% | -121.9% |
| 2015 | -16.6% | -3.6% |
| 2016 | 36.1% | -317.9% |
| 2017 | 20.2% | -44.1% |
| 2018 | 2.1% | -89.5% |
| 2019 | 141.4% | +6600.0% |
| 2020 | -59.2% | -141.8% |
| 2021 | 5.0% | -108.4% |
| 2022 | 21.5% | +331.7% |
| 2023 | -26.1% | -221.6% |
| 2024 | 13.8% | -153.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.3% | -30.1% | 91.6% | 5 |
| 2010s | 18.5% | -44.4% | 141.4% | 10 |
| 2020s | -9.0% | -59.2% | 21.5% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.78 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6948 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 5,274 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -1.58 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5356 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,066 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Marshall Islands?
- Annual growth of the gross capital formation in Marshall Islands was 13.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Marshall Islands?
- The highest recorded value was 141.4% in 2019.
- What is the lowest annual growth of the gross capital formation recorded in Marshall Islands?
- The lowest recorded value was -59.2% in 2020.
- How does Marshall Islands rank for annual growth of the gross capital formation?
- Marshall Islands ranks 24th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Marshall Islands?
- Over the last ten years it is up 180.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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