Gross fixed capital formation in Pacific island small states
Pacific island small states: Gross fixed capital formation was 22.5% in 2024. ▲ Rising
Gross fixed capital formation in Pacific island small states, 1983–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Pacific island small states is 22.5%, measured in 2024.
Compared with earlier readings it is up 2.0% on the previous year and up 9.5% over ten years.
Over the whole period, gross fixed capital formation in Pacific island small states peaked at 27.6% in 2004 and was at its lowest, 14.5%, in 1992.
That places Pacific island small states 26th out of 43 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Gross fixed capital formation in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 22.1% | — |
| 1984 | 19.1% | -13.6% |
| 1985 | 19.8% | +3.5% |
| 1986 | 18.2% | -7.8% |
| 1987 | 19.2% | +5.2% |
| 1988 | 15.3% | -20.6% |
| 1989 | 15.6% | +2.5% |
| 1990 | 16.0% | +2.1% |
| 1991 | 16.6% | +4.2% |
| 1992 | 14.5% | -13.1% |
| 1993 | 17.9% | +23.8% |
| 1994 | 16.1% | -10.1% |
| 1995 | 16.5% | +2.7% |
| 1996 | 19.0% | +14.7% |
| 1997 | 19.5% | +2.9% |
| 1998 | 23.4% | +19.9% |
| 1999 | 23.6% | +0.8% |
| 2000 | 18.3% | -22.2% |
| 2001 | 19.1% | +4.4% |
| 2002 | 21.9% | +14.2% |
| 2003 | 25.9% | +18.6% |
| 2004 | 27.6% | +6.4% |
| 2005 | 21.3% | -22.7% |
| 2006 | 21.1% | -1.2% |
| 2007 | 19.2% | -9.2% |
| 2008 | 24.1% | +25.8% |
| 2009 | 21.2% | -11.9% |
| 2010 | 19.9% | -6.2% |
| 2011 | 21.6% | +8.6% |
| 2012 | 20.4% | -5.7% |
| 2013 | 21.6% | +5.9% |
| 2014 | 20.6% | -4.7% |
| 2015 | 22.3% | +8.2% |
| 2016 | 22.0% | -1.0% |
| 2017 | 22.1% | +0.1% |
| 2018 | 20.6% | -6.6% |
| 2019 | 20.7% | +0.5% |
| 2020 | 20.4% | -1.7% |
| 2021 | 21.6% | +6.2% |
| 2022 | 22.3% | +3.1% |
| 2023 | 22.1% | -1.1% |
| 2024 | 22.5% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.5% | 15.3% | 22.1% | 7 |
| 1990s | 18.3% | 14.5% | 23.6% | 10 |
| 2000s | 22.0% | 18.3% | 27.6% | 10 |
| 2010s | 21.2% | 19.9% | 22.3% | 10 |
| 2020s | 21.8% | 20.4% | 22.5% | 5 |
Countries ranked near Pacific island small states
- 23 Tajikistan 30.2% compare
- 24 Saudi Arabia 30.1% compare
- 25 Viet Nam 29.2% compare
- 26 Congo 29.1% compare
- 27 Kiribati 29.0% compare
- 28 Lao People's Democratic Republic 29.0% compare
- 29 United Arab Emirates 28.9% compare
More economy & growth data for Pacific island small states
- GDP (constant 2015 US$), per unit of GDP 0.8616 constant 2015 US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 4,738 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 8.62 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 43.82 current US$ per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.0097 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 175.68 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,983 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation in Pacific island small states?
- Gross fixed capital formation in Pacific island small states was 22.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Pacific island small states?
- The highest recorded value was 27.6% in 2004.
- What is the lowest gross fixed capital formation recorded in Pacific island small states?
- The lowest recorded value was 14.5% in 1992.
- How does Pacific island small states rank for gross fixed capital formation?
- Pacific island small states ranks 26th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Pacific island small states?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is rising.
- Where does this Pacific island 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 (% of GDP). 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 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.