Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Naoero

Naoero: Gross Fixed Capital Formation — Annual growth US$, 2015 prices was -2.65 % in 2024. ◆ Volatile

Latest (2024)
-2.65 %
Change on year
down 107.9%
World rank
176th
of 203 countries
All-time high
98.27 %
in 1980
All-time low
-46.73 %
in 1992
Years of data
54
1971–2024

Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Naoero, 1971–2024

-50050100197119972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Naoero recorded -2.65 % for gross fixed capital formation — annual growth us$, 2015 prices in 2024.

The figure is down 107.9% on the previous year and down 109.3% over ten years.

Over the whole period, gross fixed capital formation — annual growth us$, 2015 prices in Naoero peaked at 98.27 % in 1980 and was at its lowest, -46.73 %, in 1992.

Naoero ranks 176th of 203 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Naoero, year by year

Annual values for Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Naoero, 1971 to 2024.
Year % Change
1971 -8.56 %
1972 27.26 % -418.3%
1973 -5.2 % -119.1%
1974 -43.65 % +739.0%
1975 48.88 % -212.0%
1976 40.61 % -16.9%
1977 40.61 % +0.0%
1978 45.95 % +13.1%
1979 -0.5449 % -101.2%
1980 98.27 % -18132.7%
1981 5.27 % -94.6%
1982 8.73 % +65.6%
1983 -14.45 % -265.6%
1984 -19.48 % +34.8%
1985 13.2 % -167.7%
1986 0.0773 % -99.4%
1987 -11.5 % -14981.5%
1988 -13.22 % +14.9%
1989 -4.19 % -68.3%
1990 5.93 % -241.6%
1991 -44.41 % -848.4%
1992 -46.73 % +5.2%
1993 -27.69 % -40.7%
1994 -14.59 % -47.3%
1995 8.62 % -159.1%
1996 -19.13 % -321.9%
1997 -15.58 % -18.5%
1998 -21.28 % +36.6%
1999 1.44 % -106.8%
2000 28.15 % +1851.0%
2001 -8.6 % -130.5%
2002 -8.22 % -4.4%
2003 -10.8 % +31.4%
2004 -6.4 % -40.8%
2005 -9.76 % +52.6%
2006 -31.52 % +222.8%
2007 -1.64 % -94.8%
2008 75.32 % -4702.4%
2009 4.59 % -93.9%
2010 -3.57 % -177.7%
2011 41.02 % -1249.0%
2012 44.95 % +9.6%
2013 30.47 % -32.2%
2014 28.33 % -7.0%
2015 41 % +44.7%
2016 -17.3 % -142.2%
2017 -21.68 % +25.3%
2018 -28.92 % +33.3%
2019 -6.7 % -76.8%
2020 -5.48 % -18.2%
2021 27.86 % -608.5%
2022 12.96 % -53.5%
2023 33.64 % +159.5%
2024 -2.65 % -107.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.15 % -43.65 % 48.88 % 9
1980s 6.27 % -19.48 % 98.27 % 10
1990s -17.34 % -46.73 % 8.62 % 10
2000s 3.11 % -31.52 % 75.32 % 10
2010s 10.76 % -28.92 % 44.95 % 10
2020s 13.27 % -5.48 % 33.64 % 5

Countries ranked near Naoero

  1. 173 Equatorial Guinea -1.98 % compare
  2. 174 Poland -2.24 % compare
  3. 175 Brunei Darussalam -2.38 % compare
  4. 177 Germany -2.7 % compare
  5. 178 Romania -3.27 % compare
  6. 179 Austria -3.43 % compare

See the full ranking of 251 places →

More economy & growth data for Naoero

All data for Naoero →

Frequently asked questions

What is gross fixed capital formation — annual growth us$, 2015 prices in Naoero?
Gross fixed capital formation — annual growth us$, 2015 prices in Naoero was -2.65 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — annual growth us$, 2015 prices recorded in Naoero?
The highest recorded value was 98.27 % in 1980.
What is the lowest gross fixed capital formation — annual growth us$, 2015 prices recorded in Naoero?
The lowest recorded value was -46.73 % in 1992.
How does Naoero rank for gross fixed capital formation — annual growth us$, 2015 prices?
Naoero ranks 176th out of 203 countries with data for 2024.
Is gross fixed capital formation — annual growth us$, 2015 prices rising or falling in Naoero?
Over the last ten years it is down 109.3%. The long-run trend across the full record is volatile.
Where does this Naoero data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Naoero. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-growth-us-2015-prices/naoero/

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About this data

Indicator
Gross Fixed Capital Formation — Annual growth US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,607 data points, 1971–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).