Gross capital formation (current US$) in Marshall Islands
Marshall Islands: Gross capital formation (current US$) was 60.18 million current US$ in 2024. ▲ Rising
Gross capital formation in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in Marshall Islands stood at 60.18 million current US$.
Compared with earlier readings it is up 18.2% on the previous year and up 58.1% over ten years.
Over the whole period, gross capital formation in Marshall Islands peaked at 123.79 million current US$ in 2019 and was at its lowest, 23.33 million current US$, in 2012.
That places Marshall Islands 186th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross capital formation (current US$) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | 23.52 million current US$ | — |
| 2005 | 24.89 million current US$ | +5.8% |
| 2006 | 41.81 million current US$ | +68.0% |
| 2007 | 40.17 million current US$ | -3.9% |
| 2008 | 29.14 million current US$ | -27.4% |
| 2009 | 57.20 million current US$ | +96.3% |
| 2010 | 68.51 million current US$ | +19.8% |
| 2011 | 39.77 million current US$ | -42.0% |
| 2012 | 23.33 million current US$ | -41.3% |
| 2013 | 45.34 million current US$ | +94.3% |
| 2014 | 38.06 million current US$ | -16.1% |
| 2015 | 31.95 million current US$ | -16.0% |
| 2016 | 42.04 million current US$ | +31.6% |
| 2017 | 48.43 million current US$ | +15.2% |
| 2018 | 49.82 million current US$ | +2.9% |
| 2019 | 123.79 million current US$ | +148.5% |
| 2020 | 50.04 million current US$ | -59.6% |
| 2021 | 51.44 million current US$ | +2.8% |
| 2022 | 68.41 million current US$ | +33.0% |
| 2023 | 50.90 million current US$ | -25.6% |
| 2024 | 60.18 million current US$ | +18.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 60.18 million current US$ is below the median for upper middle income countries, which is 11.53 billion current US$, 1% of the median. (52 countries reporting)
- Marshall Islands's 60.18 million current US$ is below the median for East Asia & Pacific, which is 6.38 billion current US$, 1% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.12 million current US$ | 23.52 million current US$ | 57.20 million current US$ | 6 |
| 2010s | 51.10 million current US$ | 23.33 million current US$ | 123.79 million current US$ | 10 |
| 2020s | 56.19 million current US$ | 50.04 million current US$ | 68.41 million current US$ | 5 |
Countries ranked near Marshall Islands
- 183 Kiribati 102.65 million current US$ compare
- 184 Sao Tome and Principe 85.79 million current US$ compare
- 185 Djibouti 71.69 million current US$ compare
- 187 Equatorial Guinea -471.79 million current US$ 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Marshall Islands?
- Gross capital formation in Marshall Islands was 60.18 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Marshall Islands?
- The highest recorded value was 123.79 million current US$ in 2019.
- What is the lowest gross capital formation recorded in Marshall Islands?
- The lowest recorded value was 23.33 million current US$ in 2012.
- How does Marshall Islands rank for gross capital formation?
- Marshall Islands ranks 186th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Marshall Islands?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.