Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Naoero

Naoero: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 24.31 % in 2024. ◆ Volatile

Latest (2024)
24.31 %
Change on year
down 4.3%
World rank
86th
of 203 countries
All-time high
60.31 %
in 1982
All-time low
5.24 %
in 1974
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Naoero, 1970–2024

0204060197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — share of gdp us$, 2015 prices in Naoero is 24.31 %, measured in 2024.

That represents a change of down 4.3% on the previous year and down 13.5% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Naoero peaked at 60.31 % in 1982 and was at its lowest, 5.24 %, in 1974.

Naoero ranks 86th of 203 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Naoero, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Naoero, 1970 to 2024.
Year % Change
1970 9.45 %
1971 8.4 % -11.1%
1972 10.39 % +23.7%
1973 9.57 % -7.9%
1974 5.24 % -45.2%
1975 7.58 % +44.7%
1976 10.97 % +44.7%
1977 15.87 % +44.7%
1978 23.84 % +50.2%
1979 24.39 % +2.3%
1980 49.77 % +104.0%
1981 53.91 % +8.3%
1982 60.31 % +11.9%
1983 53.09 % -12.0%
1984 43.98 % -17.2%
1985 51.23 % +16.5%
1986 52.76 % +3.0%
1987 48.04 % -8.9%
1988 42.9 % -10.7%
1989 42.3 % -1.4%
1990 46.11 % +9.0%
1991 31.64 % -31.4%
1992 20.13 % -36.4%
1993 17.35 % -13.8%
1994 15.42 % -11.2%
1995 18.19 % +18.0%
1996 16.69 % -8.2%
1997 15.47 % -7.3%
1998 13.81 % -10.8%
1999 14.99 % +8.6%
2000 20.63 % +37.6%
2001 20.22 % -2.0%
2002 20.61 % +1.9%
2003 18.34 % -11.1%
2004 17.94 % -2.2%
2005 18.41 % +2.6%
2006 15.71 % -14.6%
2007 15.4 % -2.0%
2008 13.8 % -10.4%
2009 17.64 % +27.8%
2010 15.66 % -11.3%
2011 19.44 % +24.2%
2012 25.23 % +29.8%
2013 29.91 % +18.5%
2014 28.11 % -6.0%
2015 38.56 % +37.2%
2016 30.55 % -20.8%
2017 25.46 % -16.7%
2018 18.32 % -28.0%
2019 15.76 % -14.0%
2020 14.6 % -7.3%
2021 17.42 % +19.3%
2022 19.13 % +9.8%
2023 25.41 % +32.9%
2024 24.31 % -4.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.57 % 5.24 % 24.39 % 10
1980s 49.83 % 42.3 % 60.31 % 10
1990s 20.98 % 13.81 % 46.11 % 10
2000s 17.87 % 13.8 % 20.63 % 10
2010s 24.7 % 15.66 % 38.56 % 10
2020s 20.17 % 14.6 % 25.41 % 5

Countries ranked near Naoero

  1. 83 New Zealand 24.37 % compare
  2. 84 Honduras 24.37 % compare
  3. 85 Palestine, State of 24.34 % compare
  4. 87 Switzerland 24.28 % compare
  5. 88 Czechoslovakia 24.08 % compare
  6. 89 Belgium 24.08 % compare

See the full ranking of 251 places →

More economy & growth data for Naoero

All data for Naoero →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in Naoero?
Gross fixed capital formation — share of gdp us$, 2015 prices in Naoero was 24.31 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Naoero?
The highest recorded value was 60.31 % in 1982.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Naoero?
The lowest recorded value was 5.24 % in 1974.
How does Naoero rank for gross fixed capital formation — share of gdp us$, 2015 prices?
Naoero ranks 86th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Naoero?
Over the last ten years it is down 13.5%. The long-run trend across the full record is volatile.
Where does this Naoero data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Naoero. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/naoero/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).