Gross Fixed Capital Formation — Value Standard Local Currency, per in Marshall Islands
Marshall Islands: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.2909 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Marshall Islands stood at 0.2909 million SLC per square kilometre.
Compared with earlier readings it is down 18.0% on the previous year and up 17.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Marshall Islands peaked at 0.6258 million SLC per square kilometre in 2019 and was at its lowest, 0.0972 million SLC per square kilometre, in 1992.
Marshall Islands ranks 156th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Marshall Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1991 | 0.1002 million SLC per square kilometre | — |
| 1992 | 0.0972 million SLC per square kilometre | -3.0% |
| 1993 | 0.1063 million SLC per square kilometre | +9.4% |
| 1994 | 0.1157 million SLC per square kilometre | +8.8% |
| 1995 | 0.1288 million SLC per square kilometre | +11.4% |
| 1996 | 0.1188 million SLC per square kilometre | -7.8% |
| 1997 | 0.1136 million SLC per square kilometre | -4.3% |
| 1998 | 0.1156 million SLC per square kilometre | +1.7% |
| 1999 | 0.1146 million SLC per square kilometre | -0.8% |
| 2000 | 0.1211 million SLC per square kilometre | +5.7% |
| 2001 | 0.1205 million SLC per square kilometre | -0.5% |
| 2002 | 0.1318 million SLC per square kilometre | +9.4% |
| 2003 | 0.1504 million SLC per square kilometre | +14.1% |
| 2004 | 0.1245 million SLC per square kilometre | -17.2% |
| 2005 | 0.146 million SLC per square kilometre | +17.2% |
| 2006 | 0.2211 million SLC per square kilometre | +51.5% |
| 2007 | 0.2088 million SLC per square kilometre | -5.5% |
| 2008 | 0.1678 million SLC per square kilometre | -19.7% |
| 2009 | 0.2998 million SLC per square kilometre | +78.7% |
| 2010 | 0.3891 million SLC per square kilometre | +29.8% |
| 2011 | 0.1847 million SLC per square kilometre | -52.5% |
| 2012 | 0.1614 million SLC per square kilometre | -12.6% |
| 2013 | 0.2482 million SLC per square kilometre | +53.8% |
| 2014 | 0.2028 million SLC per square kilometre | -18.3% |
| 2015 | 0.1759 million SLC per square kilometre | -13.3% |
| 2016 | 0.219 million SLC per square kilometre | +24.5% |
| 2017 | 0.2675 million SLC per square kilometre | +22.1% |
| 2018 | 0.2524 million SLC per square kilometre | -5.6% |
| 2019 | 0.6258 million SLC per square kilometre | +148.0% |
| 2020 | 0.2736 million SLC per square kilometre | -56.3% |
| 2021 | 0.2762 million SLC per square kilometre | +1.0% |
| 2022 | 0.355 million SLC per square kilometre | +28.5% |
| 2023 | 0.2909 million SLC per square kilometre | -18.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.2909 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 14% of the median. (54 countries reporting)
- Marshall Islands's 0.2909 million SLC per square kilometre is below the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 13% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +148.0% | 0.2524 million SLC per square kilometre | 0.6258 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1123 million SLC per square kilometre | 0.0972 million SLC per square kilometre | 0.1288 million SLC per square kilometre | 9 |
| 2000s | 0.1692 million SLC per square kilometre | 0.1205 million SLC per square kilometre | 0.2998 million SLC per square kilometre | 10 |
| 2010s | 0.2727 million SLC per square kilometre | 0.1614 million SLC per square kilometre | 0.6258 million SLC per square kilometre | 10 |
| 2020s | 0.2989 million SLC per square kilometre | 0.2736 million SLC per square kilometre | 0.355 million SLC per square kilometre | 4 |
Countries ranked near Marshall Islands
- 153 Bulgaria 0.319 million SLC per square kilometre compare
- 154 Afghanistan 0.3153 million SLC per square kilometre compare
- 155 Croatia 0.3134 million SLC per square kilometre compare
- 157 Lithuania 0.2804 million SLC per square kilometre compare
- 158 Bahamas 0.2789 million SLC per square kilometre compare
- 159 Greece 0.2662 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, per in Marshall Islands?
- Gross fixed capital formation — value standard local currency, per in Marshall Islands was 0.2909 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Marshall Islands?
- The highest recorded value was 0.6258 million SLC per square kilometre in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Marshall Islands?
- The lowest recorded value was 0.0972 million SLC per square kilometre in 1992.
- How does Marshall Islands rank for gross fixed capital formation — value standard local currency, per?
- Marshall Islands ranks 156th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Marshall Islands?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.