Gross capital formation (current LCU), per unit of GDP in Marshall Islands
Marshall Islands: Gross capital formation (current LCU), per unit of GDP was 0.2112 current LCU per US$ of GDP in 2024. ▬ Flat
Gross capital formation (current LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Marshall Islands recorded 0.2112 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2024.
The figure is up 9.5% on the previous year and up 3.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Marshall Islands peaked at 0.5315 current LCU per US$ of GDP in 2019 and was at its lowest, 0.1291 current LCU per US$ of GDP, in 2012.
That places Marshall Islands 159th out of 187 countries with data for 2024, putting it in the bottom quarter.
Gross capital formation (current LCU), per unit of GDP in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 0.177 current LCU per US$ of GDP | — |
| 2005 | 0.1803 current LCU per US$ of GDP | +1.9% |
| 2006 | 0.2919 current LCU per US$ of GDP | +61.9% |
| 2007 | 0.2669 current LCU per US$ of GDP | -8.6% |
| 2008 | 0.1988 current LCU per US$ of GDP | -25.5% |
| 2009 | 0.3783 current LCU per US$ of GDP | +90.3% |
| 2010 | 0.4253 current LCU per US$ of GDP | +12.4% |
| 2011 | 0.2308 current LCU per US$ of GDP | -45.7% |
| 2012 | 0.1291 current LCU per US$ of GDP | -44.1% |
| 2013 | 0.2432 current LCU per US$ of GDP | +88.4% |
| 2014 | 0.2046 current LCU per US$ of GDP | -15.9% |
| 2015 | 0.1739 current LCU per US$ of GDP | -15.0% |
| 2016 | 0.2083 current LCU per US$ of GDP | +19.8% |
| 2017 | 0.2266 current LCU per US$ of GDP | +8.8% |
| 2018 | 0.2264 current LCU per US$ of GDP | -0.1% |
| 2019 | 0.5315 current LCU per US$ of GDP | +134.7% |
| 2020 | 0.2069 current LCU per US$ of GDP | -61.1% |
| 2021 | 0.1969 current LCU per US$ of GDP | -4.9% |
| 2022 | 0.2644 current LCU per US$ of GDP | +34.3% |
| 2023 | 0.1928 current LCU per US$ of GDP | -27.1% |
| 2024 | 0.2112 current LCU per US$ of GDP | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2489 current LCU per US$ of GDP | 0.177 current LCU per US$ of GDP | 0.3783 current LCU per US$ of GDP | 6 |
| 2010s | 0.26 current LCU per US$ of GDP | 0.1291 current LCU per US$ of GDP | 0.5315 current LCU per US$ of GDP | 10 |
| 2020s | 0.2144 current LCU per US$ of GDP | 0.1928 current LCU per US$ of GDP | 0.2644 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 156 United States of America 0.2153 current LCU per US$ of GDP compare
- 157 Jordan 0.2146 current LCU per US$ of GDP
- 158 Latvia 0.2129 current LCU per US$ of GDP compare
- 160 Ecuador 0.2094 current LCU per US$ of GDP compare
- 161 Austria 0.2094 current LCU per US$ of GDP compare
- 162 South Sudan 0.2073 current LCU per US$ of GDP 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), annual growth rate 18.24 % change on previous year (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), per unit of gdp in Marshall Islands?
- Gross capital formation (current lcu), per unit of gdp in Marshall Islands was 0.2112 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.5315 current LCU per US$ of GDP in 2019.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.1291 current LCU per US$ of GDP in 2012.
- How does Marshall Islands rank for gross capital formation (current lcu), per unit of gdp?
- Marshall Islands ranks 159th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is flat.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.