Gross capital formation (current US$), annual growth rate in Small states
Small states: Gross capital formation (current US$), annual growth rate was 5.19 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Small states, 1994–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Small states recorded 5.19 % change on previous year for gross capital formation (current us$), annual growth rate in 2024.
The figure is up 22.3% on the previous year and up 206.7% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Small states peaked at 27.09 % change on previous year in 2006 and was at its lowest, -23.38 % change on previous year, in 2009.
That places Small states 19th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 6.94 % change on previous year | — |
| 1995 | 20.49 % change on previous year | +195.4% |
| 1996 | 8.23 % change on previous year | -59.8% |
| 1997 | 6.27 % change on previous year | -23.9% |
| 1998 | 2.42 % change on previous year | -61.4% |
| 1999 | -3.37 % change on previous year | -239.3% |
| 2000 | 6.21 % change on previous year | -284.4% |
| 2001 | 1.12 % change on previous year | -82.0% |
| 2002 | 10.31 % change on previous year | +822.8% |
| 2003 | 20 % change on previous year | +94.0% |
| 2004 | 14.54 % change on previous year | -27.3% |
| 2005 | 12.43 % change on previous year | -14.5% |
| 2006 | 27.09 % change on previous year | +117.9% |
| 2007 | 23.88 % change on previous year | -11.9% |
| 2008 | 5.84 % change on previous year | -75.5% |
| 2009 | -23.38 % change on previous year | -500.0% |
| 2010 | 0.9849 % change on previous year | -104.2% |
| 2011 | 12.44 % change on previous year | +1163.2% |
| 2012 | 3.8 % change on previous year | -69.5% |
| 2013 | -0.1505 % change on previous year | -104.0% |
| 2014 | -4.86 % change on previous year | +3130.7% |
| 2015 | -2.77 % change on previous year | -43.0% |
| 2016 | 3.36 % change on previous year | -221.3% |
| 2017 | 13.73 % change on previous year | +308.4% |
| 2018 | 11.79 % change on previous year | -14.2% |
| 2019 | -4.03 % change on previous year | -134.2% |
| 2020 | -9.92 % change on previous year | +145.9% |
| 2021 | 16.08 % change on previous year | -262.0% |
| 2022 | 6.9 % change on previous year | -57.1% |
| 2023 | 4.24 % change on previous year | -38.5% |
| 2024 | 5.19 % change on previous year | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.83 % change on previous year | -3.37 % change on previous year | 20.49 % change on previous year | 6 |
| 2000s | 9.8 % change on previous year | -23.38 % change on previous year | 27.09 % change on previous year | 10 |
| 2010s | 3.43 % change on previous year | -4.86 % change on previous year | 13.73 % change on previous year | 10 |
| 2020s | 4.5 % change on previous year | -9.92 % change on previous year | 16.08 % change on previous year | 5 |
Countries ranked near Small states
- 16 Curaçao 33.49 % change on previous year compare
- 17 Gabon 33.04 % change on previous year compare
- 18 Eritrea 32.44 % change on previous year compare
- 19 Timor-Leste 31.82 % change on previous year compare
- 20 Haiti 31.38 % change on previous year compare
- 21 Guinea 30.63 % change on previous year compare
- 22 Vanuatu 27.93 % change on previous year compare
More economy & growth data for Small states
- Industry (including construction), value added (constant 2015 US$) 9.82 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 434.57 constant 2015 US$ per person (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.0782 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 1,205 current US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0617 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 950.81 constant 2015 US$ per person (2024)
- Industry (including construction), value added (current US$), annual 6.63 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2419 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,010 current US$ per person (2025)
- GDP 337.31 billion current US$ (2025)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Small states?
- Gross capital formation (current us$), annual growth rate in Small states was 5.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Small states?
- The highest recorded value was 27.09 % change on previous year in 2006.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Small states?
- The lowest recorded value was -23.38 % change on previous year in 2009.
- How does Small states rank for gross capital formation (current us$), annual growth rate?
- Small states ranks 19th out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Small states?
- Over the last ten years it is up 206.7%. 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 (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.