Gross capital formation in Small states
Small states: Gross capital formation was 21.6% in 2024. ▼ Falling
Gross capital formation in Small states, 1993–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Small states recorded 21.6% for gross capital formation in 2024.
The figure is down 2.8% on the previous year and up 0.9% over ten years.
Over the whole period, gross capital formation in Small states peaked at 28.7% in 2007 and was at its lowest, 21.4%, in 2014.
That places Small states 38th out of 43 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Gross capital formation in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 22.6% | — |
| 1994 | 22.7% | +0.1% |
| 1995 | 23.8% | +5.1% |
| 1996 | 24.7% | +3.7% |
| 1997 | 25.0% | +1.3% |
| 1998 | 25.2% | +0.7% |
| 1999 | 23.0% | -8.6% |
| 2000 | 23.7% | +3.1% |
| 2001 | 23.7% | -0.2% |
| 2002 | 24.3% | +2.5% |
| 2003 | 24.4% | +0.5% |
| 2004 | 24.1% | -1.1% |
| 2005 | 24.1% | -0.1% |
| 2006 | 27.3% | +13.2% |
| 2007 | 28.7% | +5.4% |
| 2008 | 27.6% | -4.1% |
| 2009 | 24.7% | -10.4% |
| 2010 | 23.4% | -5.1% |
| 2011 | 23.5% | +0.2% |
| 2012 | 24.3% | +3.3% |
| 2013 | 23.3% | -3.9% |
| 2014 | 21.4% | -8.2% |
| 2015 | 22.5% | +5.2% |
| 2016 | 23.0% | +1.9% |
| 2017 | 23.9% | +4.3% |
| 2018 | 24.8% | +3.7% |
| 2019 | 23.7% | -4.5% |
| 2020 | 23.7% | -0.2% |
| 2021 | 23.5% | -0.7% |
| 2022 | 22.6% | -3.6% |
| 2023 | 22.2% | -1.8% |
| 2024 | 21.6% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.9% | 22.6% | 25.2% | 7 |
| 2000s | 25.3% | 23.7% | 28.7% | 10 |
| 2010s | 23.4% | 21.4% | 24.8% | 10 |
| 2020s | 22.7% | 21.6% | 23.7% | 5 |
Countries ranked near Small states
More economy & growth data for Small states
- Services, value added 163.36 billion constant 2015 US$ (2025)
- Services, value added (current US$), per capita 10,527 current US$ per person (2025)
- Industry (including construction), value added 81.58 billion current US$ (2025)
- Industry (including construction), value added 72.77 billion constant 2015 US$ (2025)
- Industry (including construction), value added 9.8% (2025)
- Industry (including construction), value added 24.2% (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.05 % change on previous year (2025)
- Services, value added 214.20 billion current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 15,108 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9113 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Small states?
- Gross capital formation in Small states was 21.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Small states?
- The highest recorded value was 28.7% in 2007.
- What is the lowest gross capital formation recorded in Small states?
- The lowest recorded value was 21.4% in 2014.
- How does Small states rank for gross capital formation?
- Small states ranks 38th out of 43 groups with data for 2024.
- Is gross capital formation rising or falling in Small states?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Small states data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.