Gross fixed capital formation in Small states
Small states: Gross fixed capital formation was 2.1% in 2024. ◆ Volatile
Gross fixed capital formation in Small states, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Small states stood at 2.1%.
Compared with earlier readings it is down 37.9% on the previous year and up 143.5% over ten years.
Over the whole period, gross fixed capital formation in Small states peaked at 16.7% in 2006 and was at its lowest, -18.6%, in 2009.
Small states ranks 17th of 31 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Small states, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 0.9% | — |
| 2002 | 10.1% | +972.3% |
| 2003 | 3.2% | -68.5% |
| 2004 | 5.0% | +57.1% |
| 2005 | 13.2% | +164.5% |
| 2006 | 16.7% | +26.7% |
| 2007 | 6.7% | -59.9% |
| 2008 | -2.5% | -137.7% |
| 2009 | -18.6% | +636.2% |
| 2010 | -0.4% | -98.1% |
| 2011 | 11.0% | -3224.5% |
| 2012 | 8.1% | -26.2% |
| 2013 | -1.5% | -118.6% |
| 2014 | -4.9% | +225.4% |
| 2015 | 5.1% | -204.2% |
| 2016 | 8.1% | +58.9% |
| 2017 | 8.9% | +9.1% |
| 2018 | 7.5% | -15.8% |
| 2019 | 2.1% | -72.1% |
| 2020 | -7.2% | -445.6% |
| 2021 | 5.7% | -178.9% |
| 2022 | 3.0% | -47.0% |
| 2023 | 3.4% | +14.1% |
| 2024 | 2.1% | -37.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | -18.6% | 16.7% | 9 |
| 2010s | 4.4% | -4.9% | 11.0% | 10 |
| 2020s | 1.4% | -7.2% | 5.7% | 5 |
Countries ranked near Small states
More economy & growth data for Small states
- Industry (including construction), value added 24.2% (2025)
- Agriculture, forestry, and fishing, value added 3.7% (2025)
- Manufacturing, value added 24.33 billion current US$ (2024)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
- Trade in services 69.2% (2024)
- 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)
- Inflation, GDP deflator 2.7% (2025)
- Services, value added 63.5% (2025)
Frequently asked questions
- What is gross fixed capital formation in Small states?
- Gross fixed capital formation in Small states was 2.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Small states?
- The highest recorded value was 16.7% in 2006.
- What is the lowest gross fixed capital formation recorded in Small states?
- The lowest recorded value was -18.6% in 2009.
- How does Small states rank for gross fixed capital formation?
- Small states ranks 17th out of 31 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Small states?
- Over the last ten years it is up 143.5%. The long-run trend across the full record is volatile.
- Where does this Small states data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.