Gross capital formation (current US$), annual growth rate in Pacific island small states
Pacific island small states: Gross capital formation (current US$), annual growth rate was 10.7 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Pacific island small states, 1984–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current us$), annual growth rate in Pacific island small states stood at 10.7 % change on previous year.
That represents a change of up 130.1% on the previous year and up 261.7% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Pacific island small states peaked at 41.2 % change on previous year in 2003 and was at its lowest, -26 % change on previous year, in 2000.
That places Pacific island small states 7th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Pacific island small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1984 | -3.88 % change on previous year | — |
| 1985 | -2.08 % change on previous year | -46.5% |
| 1986 | 13.24 % change on previous year | -736.6% |
| 1987 | -13.43 % change on previous year | -201.5% |
| 1988 | -17.26 % change on previous year | +28.5% |
| 1989 | 9.39 % change on previous year | -154.4% |
| 1990 | 18.43 % change on previous year | +96.2% |
| 1991 | 8.49 % change on previous year | -53.9% |
| 1992 | -4.53 % change on previous year | -153.3% |
| 1993 | 30.36 % change on previous year | -770.5% |
| 1994 | 4.3 % change on previous year | -85.8% |
| 1995 | 9.95 % change on previous year | +131.3% |
| 1996 | 17.8 % change on previous year | +79.0% |
| 1997 | 1.45 % change on previous year | -91.8% |
| 1998 | 9.78 % change on previous year | +573.5% |
| 1999 | 11.3 % change on previous year | +15.6% |
| 2000 | -26 % change on previous year | -330.0% |
| 2001 | -2.35 % change on previous year | -91.0% |
| 2002 | 18.21 % change on previous year | -875.0% |
| 2003 | 41.2 % change on previous year | +126.3% |
| 2004 | 23.18 % change on previous year | -43.7% |
| 2005 | -12.54 % change on previous year | -154.1% |
| 2006 | 5 % change on previous year | -139.9% |
| 2007 | 3.54 % change on previous year | -29.2% |
| 2008 | 32.35 % change on previous year | +813.2% |
| 2009 | -19.53 % change on previous year | -160.4% |
| 2010 | 4.32 % change on previous year | -122.1% |
| 2011 | 28.47 % change on previous year | +559.5% |
| 2012 | -4.01 % change on previous year | -114.1% |
| 2013 | 11.63 % change on previous year | -389.9% |
| 2014 | 2.96 % change on previous year | -74.6% |
| 2015 | 9.34 % change on previous year | +215.6% |
| 2016 | 2.15 % change on previous year | -77.0% |
| 2017 | 9.42 % change on previous year | +339.0% |
| 2018 | -1.16 % change on previous year | -112.3% |
| 2019 | -2.06 % change on previous year | +77.3% |
| 2020 | -22.79 % change on previous year | +1007.2% |
| 2021 | 16.88 % change on previous year | -174.0% |
| 2022 | 13.3 % change on previous year | -21.2% |
| 2023 | 4.65 % change on previous year | -65.0% |
| 2024 | 10.7 % change on previous year | +130.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.34 % change on previous year | -17.26 % change on previous year | 13.24 % change on previous year | 6 |
| 1990s | 10.73 % change on previous year | -4.53 % change on previous year | 30.36 % change on previous year | 10 |
| 2000s | 6.31 % change on previous year | -26 % change on previous year | 41.2 % change on previous year | 10 |
| 2010s | 6.1 % change on previous year | -4.01 % change on previous year | 28.47 % change on previous year | 10 |
| 2020s | 4.55 % change on previous year | -22.79 % change on previous year | 16.88 % change on previous year | 5 |
Countries ranked near Pacific island small states
- 4 Kyrgyzstan 61.82 % change on previous year compare
- 5 Aruba 55.81 % change on previous year compare
- 6 Turkmenistan 54.2 % change on previous year compare
- 7 Malawi 51.23 % change on previous year compare
- 8 Sao Tome and Principe 50.24 % change on previous year compare
- 9 Ireland 48.88 % change on previous year compare
- 10 Syrian Arab Republic 47.03 % change on previous year
More economy & growth data for Pacific island small states
- Industry (including construction), value added (current US$), annual 10.38 % change on previous year (2024)
- Industry (including construction), value added 7.2% (2024)
- Industry (including construction), value added 15.2% (2024)
- Manufacturing, value added (constant 2015 US$), per capita 281.77 constant 2015 US$ per person (2025)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 56.8% (2024)
- Industry (including construction), value added (current US$), per 689.93 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.69 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 7.15 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Pacific island small states?
- Gross capital formation (current us$), annual growth rate in Pacific island small states was 10.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Pacific island small states?
- The highest recorded value was 41.2 % change on previous year in 2003.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Pacific island small states?
- The lowest recorded value was -26 % change on previous year in 2000.
- How does Pacific island small states rank for gross capital formation (current us$), annual growth rate?
- Pacific island small states ranks 7th out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Pacific island small states?
- Over the last ten years it is up 261.7%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.