Gross Fixed Capital Formation — Value US$, annual growth rate in Small island developing states (SIDS)

Small island developing states (SIDS): Gross Fixed Capital Formation — Value US$, annual growth rate was 3.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.6 % change on previous year
Change on year
down 67.1%
Rank
17th
of 30 groups
All-time high
22.51 % change on previous year
in 2021
All-time low
-15.2 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in Small island developing states (SIDS), 1971–2024

-20-1001020197119972024

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

Analysis

Small island developing states (SIDS) recorded 3.6 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.

That represents a change of down 67.1% on the previous year and down 8.6% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in Small island developing states (SIDS) peaked at 22.51 % change on previous year in 2021 and was at its lowest, -15.2 % change on previous year, in 2020.

That places Small island developing states (SIDS) 17th out of 30 groups with data for 2024, putting it 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$, annual growth rate in Small island developing states (SIDS), year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Small island developing states (SIDS), 1971 to 2024.
Year % change on previous year Change
1971 13.91 % change on previous year
1972 15.04 % change on previous year +8.2%
1973 12.39 % change on previous year -17.6%
1974 18.19 % change on previous year +46.9%
1975 16.84 % change on previous year -7.4%
1976 0.3003 % change on previous year -98.2%
1977 3.26 % change on previous year +987.1%
1978 20.13 % change on previous year +516.7%
1979 16.93 % change on previous year -15.9%
1980 17.02 % change on previous year +0.6%
1981 9.89 % change on previous year -41.9%
1982 6.18 % change on previous year -37.5%
1983 5.49 % change on previous year -11.2%
1984 6.36 % change on previous year +16.0%
1985 -11.92 % change on previous year -287.2%
1986 2.01 % change on previous year -116.9%
1987 3.86 % change on previous year +92.1%
1988 13.23 % change on previous year +242.8%
1989 15.07 % change on previous year +13.9%
1990 9.33 % change on previous year -38.1%
1991 4.03 % change on previous year -56.8%
1992 4.75 % change on previous year +17.9%
1993 8.01 % change on previous year +68.5%
1994 10.7 % change on previous year +33.6%
1995 14.71 % change on previous year +37.6%
1996 19.57 % change on previous year +33.0%
1997 7.03 % change on previous year -64.1%
1998 -4.46 % change on previous year -163.5%
1999 -0.1703 % change on previous year -96.2%
2000 4.39 % change on previous year -2676.6%
2001 -4.1 % change on previous year -193.3%
2002 -3.68 % change on previous year -10.1%
2003 -1.53 % change on previous year -58.4%
2004 10.17 % change on previous year -763.3%
2005 16.05 % change on previous year +57.9%
2006 12.05 % change on previous year -24.9%
2007 15.51 % change on previous year +28.7%
2008 15.39 % change on previous year -0.8%
2009 -2.93 % change on previous year -119.0%
2010 7.5 % change on previous year -356.0%
2011 10.58 % change on previous year +41.0%
2012 7.77 % change on previous year -26.6%
2013 3.54 % change on previous year -54.4%
2014 3.94 % change on previous year +11.2%
2015 -3.38 % change on previous year -185.8%
2016 -0.087 % change on previous year -97.4%
2017 4.9 % change on previous year -5733.3%
2018 7.69 % change on previous year +56.8%
2019 2.49 % change on previous year -67.6%
2020 -15.2 % change on previous year -710.6%
2021 22.51 % change on previous year -248.0%
2022 9.77 % change on previous year -56.6%
2023 10.96 % change on previous year +12.2%
2024 3.6 % change on previous year -67.1%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Small island developing states (SIDS) 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.

YearChange FromTo
2017 +5733.3% -0.087 % change on previous year 4.9 % change on previous year
2000 +2676.6% -0.1703 % change on previous year 4.39 % change on previous year
1977 +987.1% 0.3003 % change on previous year 3.26 % change on previous year
2004 +763.3% -1.53 % change on previous year 10.17 % change on previous year
2020 -710.6% 2.49 % change on previous year -15.2 % change on previous year
1978 +516.7% 3.26 % change on previous year 20.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 13 % change on previous year 0.3003 % change on previous year 20.13 % change on previous year 9
1980s 6.72 % change on previous year -11.92 % change on previous year 17.02 % change on previous year 10
1990s 7.35 % change on previous year -4.46 % change on previous year 19.57 % change on previous year 10
2000s 6.13 % change on previous year -4.1 % change on previous year 16.05 % change on previous year 10
2010s 4.49 % change on previous year -3.38 % change on previous year 10.58 % change on previous year 10
2020s 6.33 % change on previous year -15.2 % change on previous year 22.51 % change on previous year 5

Countries ranked near Small island developing states (SIDS)

  1. 14 Mongolia 22.81 % change on previous year compare
  2. 15 Bahamas 22.61 % change on previous year compare
  3. 16 Suriname 19.68 % change on previous year compare
  4. 17 Kenya 18.12 % change on previous year compare
  5. 18 Cameroon 16.41 % change on previous year compare
  6. 19 Somalia 15.73 % change on previous year compare
  7. 20 Croatia 15.52 % 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$, annual growth rate in Small island developing states (SIDS)?
Gross fixed capital formation — value us$, annual growth rate in Small island developing states (SIDS) was 3.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Small island developing states (SIDS)?
The highest recorded value was 22.51 % change on previous year in 2021.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Small island developing states (SIDS)?
The lowest recorded value was -15.2 % change on previous year in 2020.
How does Small island developing states (SIDS) rank for gross fixed capital formation — value us$, annual growth rate?
Small island developing states (SIDS) ranks 17th out of 30 groups with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate rising or falling in Small island developing states (SIDS)?
Over the last ten years it is down 8.6%. 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$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, annual growth rate 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-annual-growth-rate/small-island-developing-states-sids/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-annual-growth-rate/small-island-developing-states-sids/">Gross Fixed Capital Formation — Value US$, annual growth rate in Small island developing states (SIDS)</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. 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$, 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, 13,251 data points, 1971–2024
Last refreshed

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