Gross fixed capital formation in Marshall Islands
Marshall Islands: Gross fixed capital formation was 22.9% in 2024. ▬ Flat
Gross fixed capital formation in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross fixed capital formation in Marshall Islands stood at 22.9%.
That represents a change of up 15.7% on the previous year and up 14.5% over ten years.
Over the whole period, gross fixed capital formation in Marshall Islands peaked at 50.2% in 2019 and was at its lowest, 16.3%, in 2012.
That places Marshall Islands 84th out of 181 countries with data for 2024, putting it in the middle of the range.
Gross fixed capital formation in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 16.9% | — |
| 2005 | 19.1% | +12.9% |
| 2006 | 27.8% | +45.7% |
| 2007 | 25.2% | -9.4% |
| 2008 | 20.9% | -17.0% |
| 2009 | 35.9% | +72.0% |
| 2010 | 43.6% | +21.5% |
| 2011 | 19.4% | -55.4% |
| 2012 | 16.3% | -16.0% |
| 2013 | 24.3% | +48.9% |
| 2014 | 20.0% | -17.9% |
| 2015 | 17.9% | -10.1% |
| 2016 | 20.3% | +13.0% |
| 2017 | 23.0% | +13.3% |
| 2018 | 21.0% | -8.5% |
| 2019 | 50.2% | +138.9% |
| 2020 | 20.5% | -59.2% |
| 2021 | 20.0% | -2.1% |
| 2022 | 22.9% | +14.3% |
| 2023 | 19.7% | -13.8% |
| 2024 | 22.9% | +15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.3% | 16.9% | 35.9% | 6 |
| 2010s | 25.6% | 16.3% | 50.2% | 10 |
| 2020s | 21.2% | 19.7% | 22.9% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation in Marshall Islands?
- Gross fixed capital formation in Marshall Islands was 22.9% 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 50.2% in 2019.
- What is the lowest gross fixed capital formation recorded in Marshall Islands?
- The lowest recorded value was 16.3% in 2012.
- How does Marshall Islands rank for gross fixed capital formation?
- Marshall Islands ranks 84th 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 14.5%. The long-run trend across the full record is flat.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.