Gross fixed capital formation (constant 2015 US$) in Marshall Islands
Marshall Islands: Gross fixed capital formation (constant 2015 US$) was 60.68 million constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Marshall Islands recorded 60.68 million constant 2015 US$ for gross fixed capital formation in 2024.
That represents a change of up 19.0% on the previous year and up 61.1% over ten years.
Over the whole period, gross fixed capital formation in Marshall Islands peaked at 121.52 million constant 2015 US$ in 2019 and was at its lowest, 25.93 million constant 2015 US$, in 2004.
That places Marshall Islands 160th out of 161 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross fixed capital formation (constant 2015 US$) in Marshall Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2004 | 25.93 million constant 2015 US$ | — |
| 2005 | 30.60 million constant 2015 US$ | +18.0% |
| 2006 | 45.92 million constant 2015 US$ | +50.1% |
| 2007 | 42.42 million constant 2015 US$ | -7.6% |
| 2008 | 32.22 million constant 2015 US$ | -24.1% |
| 2009 | 56.84 million constant 2015 US$ | +76.4% |
| 2010 | 72.11 million constant 2015 US$ | +26.9% |
| 2011 | 35.21 million constant 2015 US$ | -51.2% |
| 2012 | 30.29 million constant 2015 US$ | -14.0% |
| 2013 | 46.45 million constant 2015 US$ | +53.4% |
| 2014 | 37.68 million constant 2015 US$ | -18.9% |
| 2015 | 32.96 million constant 2015 US$ | -12.5% |
| 2016 | 42.33 million constant 2015 US$ | +28.4% |
| 2017 | 52.80 million constant 2015 US$ | +24.7% |
| 2018 | 49.71 million constant 2015 US$ | -5.9% |
| 2019 | 121.52 million constant 2015 US$ | +144.5% |
| 2020 | 53.04 million constant 2015 US$ | -56.4% |
| 2021 | 55.66 million constant 2015 US$ | +4.9% |
| 2022 | 59.97 million constant 2015 US$ | +7.8% |
| 2023 | 50.99 million constant 2015 US$ | -15.0% |
| 2024 | 60.68 million constant 2015 US$ | +19.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 60.68 million constant 2015 US$ is below the median for upper middle income countries, which is 11.14 billion constant 2015 US$, 1% of the median. (45 countries reporting)
- Marshall Islands's 60.68 million constant 2015 US$ is below the median for East Asia & Pacific, which is 9.80 billion constant 2015 US$, 1% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.99 million constant 2015 US$ | 25.93 million constant 2015 US$ | 56.84 million constant 2015 US$ | 6 |
| 2010s | 52.11 million constant 2015 US$ | 30.29 million constant 2015 US$ | 121.52 million constant 2015 US$ | 10 |
| 2020s | 56.07 million constant 2015 US$ | 50.99 million constant 2015 US$ | 60.68 million constant 2015 US$ | 5 |
Countries ranked near Marshall Islands
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 fixed capital formation in Marshall Islands?
- Gross fixed capital formation in Marshall Islands was 60.68 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Marshall Islands?
- The highest recorded value was 121.52 million constant 2015 US$ in 2019.
- What is the lowest gross fixed capital formation recorded in Marshall Islands?
- The lowest recorded value was 25.93 million constant 2015 US$ in 2004.
- How does Marshall Islands rank for gross fixed capital formation?
- Marshall Islands ranks 160th out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Marshall Islands?
- Over the last ten years it is up 61.1%. 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 fixed capital formation (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.