Gross capital formation (constant 2015 US$), annual growth rate in Small states
Small states: Gross capital formation (constant 2015 US$), annual growth rate was 3.44 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Small states, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Small states recorded 3.44 % change on previous year for gross capital formation (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is up 222.3% on the previous year and up 157.6% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Small states peaked at 16.63 % change on previous year in 2006 and was at its lowest, -21.42 % change on previous year, in 2009.
That places Small states 16th out of 40 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate in Small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -2.09 % change on previous year | — |
| 2002 | 11.24 % change on previous year | -636.6% |
| 2003 | 3.56 % change on previous year | -68.3% |
| 2004 | 7.6 % change on previous year | +113.2% |
| 2005 | 11.05 % change on previous year | +45.5% |
| 2006 | 16.63 % change on previous year | +50.5% |
| 2007 | 6.19 % change on previous year | -62.8% |
| 2008 | -1.74 % change on previous year | -128.1% |
| 2009 | -21.42 % change on previous year | +1130.6% |
| 2010 | 3.83 % change on previous year | -117.9% |
| 2011 | 7.17 % change on previous year | +87.1% |
| 2012 | 9.47 % change on previous year | +32.0% |
| 2013 | -4.47 % change on previous year | -147.2% |
| 2014 | -5.98 % change on previous year | +33.7% |
| 2015 | 3.45 % change on previous year | -157.7% |
| 2016 | 10.09 % change on previous year | +193.0% |
| 2017 | 9.27 % change on previous year | -8.1% |
| 2018 | 6.82 % change on previous year | -26.4% |
| 2019 | 0.6781 % change on previous year | -90.1% |
| 2020 | -12.48 % change on previous year | -1940.8% |
| 2021 | 6.93 % change on previous year | -155.5% |
| 2022 | 5.67 % change on previous year | -18.2% |
| 2023 | 1.07 % change on previous year | -81.2% |
| 2024 | 3.44 % change on previous year | +222.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.45 % change on previous year | -21.42 % change on previous year | 16.63 % change on previous year | 9 |
| 2010s | 4.03 % change on previous year | -5.98 % change on previous year | 10.09 % change on previous year | 10 |
| 2020s | 0.9246 % change on previous year | -12.48 % change on previous year | 6.93 % change on previous year | 5 |
Countries ranked near Small states
- 13 Maldives 20.4 % change on previous year compare
- 14 Bahamas 19.77 % change on previous year compare
- 15 Lithuania 19.32 % change on previous year compare
- 16 Sierra Leone 18.73 % change on previous year compare
- 17 Latvia 18.33 % change on previous year compare
- 18 Argentina 17.73 % change on previous year compare
- 19 Nicaragua 17.13 % change on previous year compare
More economy & growth data for Small states
- Gross value added at basic prices (GVA) (current US$), per capita 15,108 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.71 % change on previous year (2025)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
- GNI (current US$), per capita 15,854 current US$ per person (2025)
- Industry (including construction), value added 81.58 billion current US$ (2025)
- Industry (including construction), value added 72.77 billion constant 2015 US$ (2025)
- Industry (including construction), value added 9.8% (2025)
- Industry (including construction), value added 24.2% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9113 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 434.57 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Small states?
- Gross capital formation (constant 2015 us$), annual growth rate in Small states was 3.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Small states?
- The highest recorded value was 16.63 % change on previous year in 2006.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Small states?
- The lowest recorded value was -21.42 % change on previous year in 2009.
- How does Small states rank for gross capital formation (constant 2015 us$), annual growth rate?
- Small states ranks 16th out of 40 groups with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.