Gross fixed capital formation in Small states
Small states: Gross fixed capital formation was 60.21 billion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Small states, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross fixed capital formation in Small states stood at 60.21 billion constant 2015 US$. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 45.0% over ten years.
Over the whole period, gross fixed capital formation in Small states peaked at 60.21 billion constant 2015 US$ in 2024 and was at its lowest, 27.55 billion constant 2015 US$, in 2000.
That places Small states 32nd out of 33 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross fixed capital formation in Small states, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 27.55 billion constant 2015 US$ | — |
| 2001 | 27.81 billion constant 2015 US$ | +0.9% |
| 2002 | 30.61 billion constant 2015 US$ | +10.1% |
| 2003 | 31.58 billion constant 2015 US$ | +3.2% |
| 2004 | 33.15 billion constant 2015 US$ | +5.0% |
| 2005 | 37.52 billion constant 2015 US$ | +13.2% |
| 2006 | 43.78 billion constant 2015 US$ | +16.7% |
| 2007 | 46.71 billion constant 2015 US$ | +6.7% |
| 2008 | 45.53 billion constant 2015 US$ | -2.5% |
| 2009 | 37.07 billion constant 2015 US$ | -18.6% |
| 2010 | 36.94 billion constant 2015 US$ | -0.4% |
| 2011 | 41.01 billion constant 2015 US$ | +11.0% |
| 2012 | 44.34 billion constant 2015 US$ | +8.1% |
| 2013 | 43.67 billion constant 2015 US$ | -1.5% |
| 2014 | 41.52 billion constant 2015 US$ | -4.9% |
| 2015 | 43.65 billion constant 2015 US$ | +5.1% |
| 2016 | 47.20 billion constant 2015 US$ | +8.1% |
| 2017 | 51.40 billion constant 2015 US$ | +8.9% |
| 2018 | 55.25 billion constant 2015 US$ | +7.5% |
| 2019 | 56.40 billion constant 2015 US$ | +2.1% |
| 2020 | 52.33 billion constant 2015 US$ | -7.2% |
| 2021 | 55.31 billion constant 2015 US$ | +5.7% |
| 2022 | 56.98 billion constant 2015 US$ | +3.0% |
| 2023 | 58.95 billion constant 2015 US$ | +3.4% |
| 2024 | 60.21 billion constant 2015 US$ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.13 billion constant 2015 US$ | 27.55 billion constant 2015 US$ | 46.71 billion constant 2015 US$ | 10 |
| 2010s | 46.14 billion constant 2015 US$ | 36.94 billion constant 2015 US$ | 56.40 billion constant 2015 US$ | 10 |
| 2020s | 56.76 billion constant 2015 US$ | 52.33 billion constant 2015 US$ | 60.21 billion constant 2015 US$ | 5 |
Countries ranked near Small states
- 29 Singapore 105.11 billion constant 2015 US$ compare
- 30 Bangladesh 102.98 billion constant 2015 US$ compare
- 31 Israel 102.07 billion constant 2015 US$ compare
- 32 Malaysia 98.88 billion constant 2015 US$ compare
- 33 Austria 98.72 billion constant 2015 US$ compare
- 34 Argentina 95.21 billion constant 2015 US$ compare
- 35 Iran 91.65 billion constant 2015 US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.64 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$) 11.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0396 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Small states?
- Gross fixed capital formation in Small states was 60.21 billion 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 Small states?
- The highest recorded value was 60.21 billion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Small states?
- The lowest recorded value was 27.55 billion constant 2015 US$ in 2000.
- How does Small states rank for gross fixed capital formation?
- Small states ranks 32nd out of 33 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Small states?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is rising.
- 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 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.