Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Small Island Developing States (SIDS)

Small Island Developing States (SIDS): Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 2.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.6 % change on previous year
Change on year
down 15.2%
Rank
20th
of 30 groups
All-time high
16.74 % change on previous year
in 1996
All-time low
-15.04 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Small Island Developing States (SIDS), 1971–2024

-20-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in Small Island Developing States (SIDS) is 2.6 % change on previous year, measured in 2024.

That represents a change of down 15.2% on the previous year and down 38.5% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Small Island Developing States (SIDS) peaked at 16.74 % change on previous year in 1996 and was at its lowest, -15.04 % change on previous year, in 2020.

Small Island Developing States (SIDS) ranks 20th of 30 groups 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 — Value US$, 2015 prices, annual growth in Small Island Developing States (SIDS), year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in Small Island Developing States (SIDS), 1971 to 2024.
Year % change on previous year Change
1971 9.32 % change on previous year
1972 4.17 % change on previous year -55.3%
1973 1.04 % change on previous year -75.1%
1974 3.14 % change on previous year +201.9%
1975 6.98 % change on previous year +122.3%
1976 -2.43 % change on previous year -134.8%
1977 -1.55 % change on previous year -36.3%
1978 8.49 % change on previous year -648.4%
1979 6.39 % change on previous year -24.7%
1980 6.95 % change on previous year +8.7%
1981 5.25 % change on previous year -24.5%
1982 4.1 % change on previous year -21.9%
1983 3.88 % change on previous year -5.2%
1984 5.69 % change on previous year +46.5%
1985 -1.2 % change on previous year -121.0%
1986 -6.84 % change on previous year +471.3%
1987 2.17 % change on previous year -131.7%
1988 8.58 % change on previous year +295.6%
1989 11.56 % change on previous year +34.8%
1990 2.41 % change on previous year -79.1%
1991 0.3218 % change on previous year -86.7%
1992 1.12 % change on previous year +247.1%
1993 3.18 % change on previous year +184.8%
1994 5.85 % change on previous year +84.0%
1995 10.44 % change on previous year +78.4%
1996 16.74 % change on previous year +60.3%
1997 10.69 % change on previous year -36.2%
1998 2.11 % change on previous year -80.3%
1999 1.51 % change on previous year -28.6%
2000 7.56 % change on previous year +402.1%
2001 -1.75 % change on previous year -123.1%
2002 -4.22 % change on previous year +141.2%
2003 -3.13 % change on previous year -25.8%
2004 5.74 % change on previous year -283.2%
2005 7.43 % change on previous year +29.6%
2006 9.03 % change on previous year +21.4%
2007 8.03 % change on previous year -11.0%
2008 6.33 % change on previous year -21.2%
2009 -1.72 % change on previous year -127.2%
2010 5.48 % change on previous year -418.2%
2011 4.69 % change on previous year -14.3%
2012 6.6 % change on previous year +40.7%
2013 1.91 % change on previous year -71.0%
2014 4.22 % change on previous year +120.6%
2015 2.28 % change on previous year -45.9%
2016 3.06 % change on previous year +34.0%
2017 1.56 % change on previous year -49.1%
2018 4.14 % change on previous year +165.1%
2019 2.72 % change on previous year -34.1%
2020 -15.04 % change on previous year -652.0%
2021 15.21 % change on previous year -201.1%
2022 1.73 % change on previous year -88.6%
2023 3.06 % change on previous year +76.8%
2024 2.6 % change on previous year -15.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.95 % change on previous year -2.43 % change on previous year 9.32 % change on previous year 9
1980s 4.01 % change on previous year -6.84 % change on previous year 11.56 % change on previous year 10
1990s 5.44 % change on previous year 0.3218 % change on previous year 16.74 % change on previous year 10
2000s 3.33 % change on previous year -4.22 % change on previous year 9.03 % change on previous year 10
2010s 3.67 % change on previous year 1.56 % change on previous year 6.6 % change on previous year 10
2020s 1.51 % change on previous year -15.04 % change on previous year 15.21 % change on previous year 5

Countries ranked near Small Island Developing States (SIDS)

  1. 17 Malaysia 12.04 % change on previous year compare
  2. 18 Armenia 11.1 % change on previous year compare
  3. 19 Sao Tome and Principe 10.79 % change on previous year compare
  4. 20 Benin 10.6 % change on previous year compare
  5. 21 Cote d'Ivoire 10.5 % change on previous year compare
  6. 21 Côte d'Ivoire 10.5 % change on previous year compare
  7. 23 Cameroon 10.03 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Small Island Developing States (SIDS)

All data for Small Island Developing States (SIDS) →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in Small Island Developing States (SIDS)?
Gross fixed capital formation — value us$, 2015 prices, annual growth in Small Island Developing States (SIDS) was 2.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Small Island Developing States (SIDS)?
The highest recorded value was 16.74 % change on previous year in 1996.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Small Island Developing States (SIDS)?
The lowest recorded value was -15.04 % change on previous year in 2020.
How does Small Island Developing States (SIDS) rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
Small Island Developing States (SIDS) ranks 20th out of 30 groups with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Small Island Developing States (SIDS)?
Over the last ten years it is down 38.5%. The long-run trend across the full record is volatile.
Where does this Small Island Developing States (SIDS) data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Small Island Developing States (SIDS). Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/small-island-developing-states-sids/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.