Gross Fixed Capital Formation β€” Value US$ in Marshall Islands

Marshall Islands: Gross Fixed Capital Formation β€” Value US$ was 55.35 million USD in 2024. β—† Volatile

Latest (2024)
55.35 million USD
Change on year
up 5.7%
World rank
216th
of 219 countries
All-time high
112.64 million USD
in 2019
All-time low
1.26 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation β€” Value US$ in Marshall Islands, 1970–2024

0255075100125197019972024

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

Analysis

The most recent figure for gross fixed capital formation β€” value us$ in Marshall Islands is 55.35 million USD, measured in 2024.

Compared with earlier readings it is up 5.7% on the previous year and up 51.6% over ten years.

Over the whole period, gross fixed capital formation β€” value us$ in Marshall Islands peaked at 112.64 million USD in 2019 and was at its lowest, 1.26 million USD, in 1970.

That places Marshall Islands 216th out of 219 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.4 million USD 1.26 million USD 4.31 million USD 10
1980s 9.82 million USD 3.01 million USD 15.4 million USD 10
1990s 20.56 million USD 17.49 million USD 23.66 million USD 10
2000s 30.45 million USD 21.69 million USD 53.97 million USD 10
2010s 49.08 million USD 29.05 million USD 112.64 million USD 10
2020s 54.12 million USD 49.24 million USD 63.89 million USD 5

Countries ranked near Marshall Islands

  1. 213 Palau 110.45 million USD compare
  2. 214 Kiribati 76.27 million USD compare
  3. 215 Cook Islands 68.45 million USD compare
  4. 217 Nauru 46.77 million USD compare
  5. 218 Montserrat 21.35 million USD compare
  6. 219 Tuvalu 19.52 million USD compare

See the full ranking of 251 places β†’

More economy & growth data for Marshall Islands

All data for Marshall Islands β†’

Frequently asked questions

What is gross fixed capital formation β€” value us$ in Marshall Islands?
Gross fixed capital formation β€” value us$ in Marshall Islands was 55.35 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation β€” value us$ recorded in Marshall Islands?
The highest recorded value was 112.64 million USD in 2019.
What is the lowest gross fixed capital formation β€” value us$ recorded in Marshall Islands?
The lowest recorded value was 1.26 million USD in 1970.
How does Marshall Islands rank for gross fixed capital formation β€” value us$?
Marshall Islands ranks 216th out of 219 countries with data for 2024.
Is gross fixed capital formation β€” value us$ rising or falling in Marshall Islands?
Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
Where does this Marshall Islands data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation β€” Value US$
Unit
million USD
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).