Gross fixed capital formation in Small states
Small states: Gross fixed capital formation was 21.8% in 2024. ▬ Flat
Gross fixed capital formation in Small states, 1993–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Small states recorded 21.8% for gross fixed capital formation in 2024.
The figure is down 2.5% on the previous year and up 3.2% over ten years.
Over the whole period, gross fixed capital formation in Small states peaked at 27.2% in 2007 and was at its lowest, 20.4%, in 1994.
That places Small states 31st out of 41 groups with data for 2024, putting it in the bottom quarter.
Gross fixed capital formation in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 20.7% | — |
| 1994 | 20.4% | -1.4% |
| 1995 | 22.2% | +8.7% |
| 1996 | 23.6% | +6.2% |
| 1997 | 23.7% | +0.2% |
| 1998 | 24.0% | +1.5% |
| 1999 | 22.4% | -6.9% |
| 2000 | 21.8% | -2.7% |
| 2001 | 22.9% | +5.2% |
| 2002 | 23.1% | +0.8% |
| 2003 | 23.1% | +0.1% |
| 2004 | 22.3% | -3.3% |
| 2005 | 22.7% | +1.7% |
| 2006 | 25.4% | +11.9% |
| 2007 | 27.2% | +6.8% |
| 2008 | 26.0% | -4.2% |
| 2009 | 24.2% | -7.1% |
| 2010 | 22.0% | -9.0% |
| 2011 | 22.8% | +3.7% |
| 2012 | 23.3% | +2.3% |
| 2013 | 23.0% | -1.2% |
| 2014 | 21.1% | -8.4% |
| 2015 | 22.6% | +7.0% |
| 2016 | 22.7% | +0.6% |
| 2017 | 23.5% | +3.4% |
| 2018 | 24.4% | +3.7% |
| 2019 | 23.7% | -2.7% |
| 2020 | 24.2% | +2.1% |
| 2021 | 23.5% | -2.8% |
| 2022 | 22.2% | -5.8% |
| 2023 | 22.3% | +0.8% |
| 2024 | 21.8% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.4% | 20.4% | 24.0% | 7 |
| 2000s | 23.9% | 21.8% | 27.2% | 10 |
| 2010s | 22.9% | 21.1% | 24.4% | 10 |
| 2020s | 22.8% | 21.8% | 24.2% | 5 |
Countries ranked near Small states
- 28 United Arab Emirates 28.9% compare
- 29 Bahrain 28.9% compare
- 30 Iran, Islamic Republic of 28.8% compare
- 31 Congo, Democratic Republic of the 28.8% compare
- 32 Samoa 28.8% compare
- 33 Indonesia 28.8% compare
- 34 Senegal 28.7% compare
More economy & growth data for Small states
- Agriculture, forestry, and fishing, value added 3.7% (2025)
- Imports of goods and services 2.5% (2025)
- Imports of goods and services 70.2% (2025)
- External balance on goods and services 4.7% (2025)
- Trade 139.8% (2024)
- Gross domestic savings (current US$), annual growth rate 2.28 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 8.84 billion constant 2015 US$ (2025)
- Manufacturing, value added 7.8% (2024)
- Gross domestic savings (current US$), per capita 3,701 current US$ per person (2025)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
Frequently asked questions
- What is gross fixed capital formation in Small states?
- Gross fixed capital formation in Small states was 21.8% 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 27.2% in 2007.
- What is the lowest gross fixed capital formation recorded in Small states?
- The lowest recorded value was 20.4% in 1994.
- How does Small states rank for gross fixed capital formation?
- Small states ranks 31st out of 41 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Small states?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is flat.
- 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 (% 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.