Gross fixed capital formation (current US$) in Small states
Small states: Gross fixed capital formation (current US$) was 67.79 billion current US$ in 2024. ▲ Rising
Gross fixed capital formation in Small states, 1993–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in Small states stood at 67.79 billion current US$. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 53.7% over ten years.
Over the whole period, gross fixed capital formation in Small states peaked at 67.79 billion current US$ in 2024 and was at its lowest, 10.68 billion current US$, in 1993.
That places Small states 41st out of 43 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Gross fixed capital formation (current US$) in Small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 10.68 billion current US$ | — |
| 1994 | 11.25 billion current US$ | +5.4% |
| 1995 | 14.02 billion current US$ | +24.6% |
| 1996 | 15.53 billion current US$ | +10.8% |
| 1997 | 16.33 billion current US$ | +5.2% |
| 1998 | 16.86 billion current US$ | +3.2% |
| 1999 | 16.60 billion current US$ | -1.6% |
| 2000 | 16.64 billion current US$ | +0.3% |
| 2001 | 17.73 billion current US$ | +6.5% |
| 2002 | 19.23 billion current US$ | +8.5% |
| 2003 | 22.99 billion current US$ | +19.6% |
| 2004 | 25.77 billion current US$ | +12.1% |
| 2005 | 29.51 billion current US$ | +14.5% |
| 2006 | 37.09 billion current US$ | +25.7% |
| 2007 | 46.55 billion current US$ | +25.5% |
| 2008 | 49.24 billion current US$ | +5.8% |
| 2009 | 39.11 billion current US$ | -20.6% |
| 2010 | 37.90 billion current US$ | -3.1% |
| 2011 | 44.10 billion current US$ | +16.4% |
| 2012 | 45.31 billion current US$ | +2.7% |
| 2013 | 46.49 billion current US$ | +2.6% |
| 2014 | 44.11 billion current US$ | -5.1% |
| 2015 | 43.65 billion current US$ | -1.0% |
| 2016 | 44.55 billion current US$ | +2.1% |
| 2017 | 50.20 billion current US$ | +12.7% |
| 2018 | 56.13 billion current US$ | +11.8% |
| 2019 | 54.92 billion current US$ | -2.2% |
| 2020 | 50.61 billion current US$ | -7.9% |
| 2021 | 57.52 billion current US$ | +13.7% |
| 2022 | 60.05 billion current US$ | +4.4% |
| 2023 | 64.27 billion current US$ | +7.0% |
| 2024 | 67.79 billion current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.47 billion current US$ | 10.68 billion current US$ | 16.86 billion current US$ | 7 |
| 2000s | 30.39 billion current US$ | 16.64 billion current US$ | 49.24 billion current US$ | 10 |
| 2010s | 46.73 billion current US$ | 37.90 billion current US$ | 56.13 billion current US$ | 10 |
| 2020s | 60.05 billion current US$ | 50.61 billion current US$ | 67.79 billion current US$ | 5 |
Countries ranked near Small states
- 38 Denmark 101.06 billion current US$ compare
- 39 Malaysia 100.74 billion current US$ compare
- 40 Chile 86.08 billion current US$ compare
- 41 United Arab Emirates 73.31 billion current US$ compare
- 42 Colombia 73.23 billion current US$ compare
- 43 Hong Kong 72.38 billion current US$ compare
- 44 Portugal 71.74 billion current US$ compare
More economy & growth data for Small states
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 3,407 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (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)
- General government final consumption expenditure (current US$), per 0.2055 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 8.69 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Small states?
- Gross fixed capital formation in Small states was 67.79 billion current US$ 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 67.79 billion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Small states?
- The lowest recorded value was 10.68 billion current US$ in 1993.
- How does Small states rank for gross fixed capital formation?
- Small states ranks 41st out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Small states?
- Over the last ten years it is up 53.7%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.