Gross fixed capital formation (current LCU) in Marshall Islands
Marshall Islands: Gross fixed capital formation (current LCU) was 65.14 million current LCU 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 current LCU.
Analysis
The most recent figure for gross fixed capital formation in Marshall Islands is 65.14 million current LCU, measured in 2024.
Compared with earlier readings it is up 24.9% on the previous year and up 75.4% over ten years.
Over the whole period, gross fixed capital formation in Marshall Islands peaked at 116.98 million current LCU in 2019 and was at its lowest, 22.44 million current LCU, in 2004.
That places Marshall Islands 181st out of 181 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 (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 22.44 million current LCU | — |
| 2005 | 26.31 million current LCU | +17.2% |
| 2006 | 39.78 million current LCU | +51.2% |
| 2007 | 37.87 million current LCU | -4.8% |
| 2008 | 30.60 million current LCU | -19.2% |
| 2009 | 54.28 million current LCU | +77.4% |
| 2010 | 70.24 million current LCU | +29.4% |
| 2011 | 33.47 million current LCU | -52.3% |
| 2012 | 29.50 million current LCU | -11.9% |
| 2013 | 45.30 million current LCU | +53.6% |
| 2014 | 37.13 million current LCU | -18.0% |
| 2015 | 32.96 million current LCU | -11.2% |
| 2016 | 40.93 million current LCU | +24.2% |
| 2017 | 49.11 million current LCU | +20.0% |
| 2018 | 46.25 million current LCU | -5.8% |
| 2019 | 116.98 million current LCU | +152.9% |
| 2020 | 49.50 million current LCU | -57.7% |
| 2021 | 52.34 million current LCU | +5.7% |
| 2022 | 59.25 million current LCU | +13.2% |
| 2023 | 52.13 million current LCU | -12.0% |
| 2024 | 65.14 million current LCU | +24.9% |
Marshall Islands compared with similar countries
- Marshall Islands's 65.14 million current LCU is below the median for upper middle income countries, which is 431.60 billion current LCU, 0% of the median. (51 countries reporting)
- Marshall Islands's 65.14 million current LCU is below the median for East Asia & Pacific, which is 174.36 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.21 million current LCU | 22.44 million current LCU | 54.28 million current LCU | 6 |
| 2010s | 50.19 million current LCU | 29.50 million current LCU | 116.98 million current LCU | 10 |
| 2020s | 55.67 million current LCU | 49.50 million current LCU | 65.14 million current LCU | 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 65.14 million current LCU 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 116.98 million current LCU in 2019.
- What is the lowest gross fixed capital formation recorded in Marshall Islands?
- The lowest recorded value was 22.44 million current LCU in 2004.
- How does Marshall Islands rank for gross fixed capital formation?
- Marshall Islands ranks 181st out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Marshall Islands?
- Over the last ten years it is up 75.4%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.