Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Marshall Islands
Marshall Islands: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.3102 million SLC per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Marshall Islands, 1991–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Marshall Islands stood at 0.3102 million SLC per square kilometre.
Compared with earlier readings it is up 1.4% on the previous year and up 21.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Marshall Islands peaked at 0.6459 million SLC per square kilometre in 2019 and was at its lowest, 0.1383 million SLC per square kilometre, in 1999.
That places Marshall Islands 141st out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Marshall Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1991 | 0.1497 million SLC per square kilometre | — |
| 1992 | 0.141 million SLC per square kilometre | -5.8% |
| 1993 | 0.1496 million SLC per square kilometre | +6.1% |
| 1994 | 0.1586 million SLC per square kilometre | +6.0% |
| 1995 | 0.1719 million SLC per square kilometre | +8.4% |
| 1996 | 0.1542 million SLC per square kilometre | -10.3% |
| 1997 | 0.1469 million SLC per square kilometre | -4.7% |
| 1998 | 0.1419 million SLC per square kilometre | -3.4% |
| 1999 | 0.1383 million SLC per square kilometre | -2.6% |
| 2000 | 0.1507 million SLC per square kilometre | +9.0% |
| 2001 | 0.1521 million SLC per square kilometre | +1.0% |
| 2002 | 0.1576 million SLC per square kilometre | +3.6% |
| 2003 | 0.1771 million SLC per square kilometre | +12.4% |
| 2004 | 0.1428 million SLC per square kilometre | -19.4% |
| 2005 | 0.1685 million SLC per square kilometre | +18.0% |
| 2006 | 0.2547 million SLC per square kilometre | +51.2% |
| 2007 | 0.2343 million SLC per square kilometre | -8.0% |
| 2008 | 0.1774 million SLC per square kilometre | -24.3% |
| 2009 | 0.3134 million SLC per square kilometre | +76.7% |
| 2010 | 0.4007 million SLC per square kilometre | +27.9% |
| 2011 | 0.1937 million SLC per square kilometre | -51.7% |
| 2012 | 0.1658 million SLC per square kilometre | -14.4% |
| 2013 | 0.255 million SLC per square kilometre | +53.8% |
| 2014 | 0.2068 million SLC per square kilometre | -18.9% |
| 2015 | 0.1759 million SLC per square kilometre | -15.0% |
| 2016 | 0.2288 million SLC per square kilometre | +30.1% |
| 2017 | 0.2861 million SLC per square kilometre | +25.1% |
| 2018 | 0.2684 million SLC per square kilometre | -6.2% |
| 2019 | 0.6459 million SLC per square kilometre | +140.6% |
| 2020 | 0.2908 million SLC per square kilometre | -55.0% |
| 2021 | 0.2916 million SLC per square kilometre | +0.3% |
| 2022 | 0.3061 million SLC per square kilometre | +5.0% |
| 2023 | 0.3102 million SLC per square kilometre | +1.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.3102 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 32% of the median. (54 countries reporting)
- Marshall Islands's 0.3102 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 20% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +140.6% | 0.2684 million SLC per square kilometre | 0.6459 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1502 million SLC per square kilometre | 0.1383 million SLC per square kilometre | 0.1719 million SLC per square kilometre | 9 |
| 2000s | 0.1928 million SLC per square kilometre | 0.1428 million SLC per square kilometre | 0.3134 million SLC per square kilometre | 10 |
| 2010s | 0.2827 million SLC per square kilometre | 0.1658 million SLC per square kilometre | 0.6459 million SLC per square kilometre | 10 |
| 2020s | 0.2997 million SLC per square kilometre | 0.2908 million SLC per square kilometre | 0.3102 million SLC per square kilometre | 4 |
Countries ranked near Marshall Islands
- 138 Argentina 0.3638 million SLC per square kilometre compare
- 139 Tonga 0.3442 million SLC per square kilometre compare
- 140 Panama 0.331 million SLC per square kilometre compare
- 142 Lesotho 0.3088 million SLC per square kilometre compare
- 143 Afghanistan 0.2954 million SLC per square kilometre compare
- 144 El Salvador 0.2867 million SLC per square kilometre compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Marshall Islands?
- Gross fixed capital formation — value standard local currency, 2015 in Marshall Islands was 0.3102 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Marshall Islands?
- The highest recorded value was 0.6459 million SLC per square kilometre in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Marshall Islands?
- The lowest recorded value was 0.1383 million SLC per square kilometre in 1999.
- How does Marshall Islands rank for gross fixed capital formation — value standard local currency, 2015?
- Marshall Islands ranks 141st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Marshall Islands?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.