Gross capital formation in Small states
Small states: Gross capital formation was 3.4% in 2024. ◆ Volatile
Gross capital formation in Small states, 2001–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Small states is 3.4%, measured in 2024.
The figure is up 222.3% on the previous year and up 157.6% over ten years.
Over the whole period, gross capital formation in Small states peaked at 16.6% in 2006 and was at its lowest, -21.4%, in 2009.
Small states ranks 14th of 38 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Small states, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | -2.1% | — |
| 2002 | 11.2% | -636.6% |
| 2003 | 3.6% | -68.3% |
| 2004 | 7.6% | +113.2% |
| 2005 | 11.1% | +45.5% |
| 2006 | 16.6% | +50.5% |
| 2007 | 6.2% | -62.8% |
| 2008 | -1.7% | -128.1% |
| 2009 | -21.4% | +1130.6% |
| 2010 | 3.8% | -117.9% |
| 2011 | 7.2% | +87.1% |
| 2012 | 9.5% | +32.0% |
| 2013 | -4.5% | -147.2% |
| 2014 | -6.0% | +33.7% |
| 2015 | 3.4% | -157.7% |
| 2016 | 10.1% | +192.9% |
| 2017 | 9.3% | -8.1% |
| 2018 | 6.8% | -26.4% |
| 2019 | 0.7% | -90.1% |
| 2020 | -12.5% | -1940.6% |
| 2021 | 6.9% | -155.5% |
| 2022 | 5.7% | -18.2% |
| 2023 | 1.1% | -81.2% |
| 2024 | 3.4% | +222.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -21.4% | 16.6% | 9 |
| 2010s | 4.0% | -6.0% | 10.1% | 10 |
| 2020s | 0.9% | -12.5% | 6.9% | 5 |
Countries ranked near Small states
- 11 Sao Tome and Principe 21.9% compare
- 12 Republic of Moldova 20.7% compare
- 13 Maldives 20.4% compare
- 14 Bahamas 19.8% compare
- 15 Lithuania 19.3% compare
- 16 Sierra Leone 18.7% compare
- 17 Malawi 18.6% compare
More economy & growth data for Small states
- Services, value added 163.36 billion constant 2015 US$ (2025)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
- Manufacturing, value added 7.8% (2024)
- Industry (including construction), value added 81.58 billion current US$ (2025)
- Trade in services 69.2% (2024)
- Industry (including construction), value added 9.8% (2025)
- Industry (including construction), value added 24.2% (2025)
- Services, value added 214.20 billion current US$ (2025)
- Gross value added at basic prices (GVA) 247.79 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) 307.40 billion current US$ (2025)
Frequently asked questions
- What is gross capital formation in Small states?
- Gross capital formation in Small states was 3.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Small states?
- The highest recorded value was 16.6% in 2006.
- What is the lowest gross capital formation recorded in Small states?
- The lowest recorded value was -21.4% in 2009.
- How does Small states rank for gross capital formation?
- Small states ranks 14th out of 38 groups with data for 2024.
- Is gross capital formation rising or falling in Small states?
- Over the last ten years it is up 157.6%. The long-run trend across the full record is volatile.
- Where does this Small states data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.