Gross capital formation (current LCU), annual growth rate in Marshall Islands
Marshall Islands: Gross capital formation (current LCU), annual growth rate was 18.24 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current lcu), annual growth rate in Marshall Islands stood at 18.24 % change on previous year.
Compared with earlier readings it is up 171.3% on the previous year and up 213.5% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Marshall Islands peaked at 148.49 % change on previous year in 2019 and was at its lowest, -59.58 % change on previous year, in 2020.
Marshall Islands ranks 42nd of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | 5.81 % change on previous year | — |
| 2006 | 67.99 % change on previous year | +1071.0% |
| 2007 | -3.92 % change on previous year | -105.8% |
| 2008 | -27.44 % change on previous year | +600.3% |
| 2009 | 96.27 % change on previous year | -450.8% |
| 2010 | 19.77 % change on previous year | -79.5% |
| 2011 | -41.95 % change on previous year | -312.2% |
| 2012 | -41.34 % change on previous year | -1.5% |
| 2013 | 94.35 % change on previous year | -328.2% |
| 2014 | -16.06 % change on previous year | -117.0% |
| 2015 | -16.04 % change on previous year | -0.1% |
| 2016 | 31.56 % change on previous year | -296.7% |
| 2017 | 15.2 % change on previous year | -51.8% |
| 2018 | 2.88 % change on previous year | -81.1% |
| 2019 | 148.49 % change on previous year | +5064.1% |
| 2020 | -59.58 % change on previous year | -140.1% |
| 2021 | 2.79 % change on previous year | -104.7% |
| 2022 | 32.99 % change on previous year | +1081.5% |
| 2023 | -25.59 % change on previous year | -177.6% |
| 2024 | 18.24 % change on previous year | -171.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.74 % change on previous year | -27.44 % change on previous year | 96.27 % change on previous year | 5 |
| 2010s | 19.68 % change on previous year | -41.95 % change on previous year | 148.49 % change on previous year | 10 |
| 2020s | -6.23 % change on previous year | -59.58 % change on previous year | 32.99 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 39 Hong Kong, China 19.41 % change on previous year compare
- 40 Latvia 18.62 % change on previous year compare
- 41 Republic of Moldova 18.25 % change on previous year compare
- 43 Belarus 17.93 % change on previous year compare
- 44 Iran, Islamic Republic of 17.88 % change on previous year compare
- 45 Bulgaria 17.71 % change on previous year compare
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)
- Gross capital formation (current US$), annual growth rate 18.24 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2112 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,603 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2112 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1,603 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.84 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.198 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,503 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Marshall Islands?
- Gross capital formation (current lcu), annual growth rate in Marshall Islands was 18.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 148.49 % change on previous year in 2019.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -59.58 % change on previous year in 2020.
- How does Marshall Islands rank for gross capital formation (current lcu), annual growth rate?
- Marshall Islands ranks 42nd out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 213.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.