Gross Fixed Capital Formation — Value US$ in Melanesia
Melanesia: Gross Fixed Capital Formation — Value US$ was 7,131 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Melanesia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Melanesia stood at 7,131 million USD.
The figure is up 2.1% on the previous year and down 25.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Melanesia peaked at 10,414 million USD in 2012 and was at its lowest, 564.9 million USD, in 1973.
Melanesia ranks 115th of 219 countries 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 785.92 million USD | 564.9 million USD | 1,205 million USD | 10 |
| 1980s | 1,491 million USD | 1,020 million USD | 1,979 million USD | 10 |
| 1990s | 2,353 million USD | 2,012 million USD | 2,625 million USD | 10 |
| 2000s | 3,947 million USD | 2,184 million USD | 6,410 million USD | 10 |
| 2010s | 7,843 million USD | 5,487 million USD | 10,414 million USD | 10 |
| 2020s | 6,697 million USD | 5,958 million USD | 7,131 million USD | 5 |
Countries ranked near Melanesia
- 112 Cyprus 7,430 million USD compare
- 113 Georgia 7,391 million USD compare
- 114 Mozambique 7,222 million USD compare
- 116 China, Macao SAR 6,904 million USD compare
- 117 Mongolia 6,684 million USD compare
- 118 Bosnia and Herzegovina 6,575 million USD compare
More economy & growth data for Melanesia
- Gross Domestic Product — Value US$, 2015 prices 43,564 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6,546 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.97 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.74 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.32 % (2024)
- Gross Domestic Product — Annual growth US$ 5.12 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.98 % (2024)
- Gross Domestic Product — Value US$ 51,880 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,008 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Melanesia?
- Gross fixed capital formation — value us$ in Melanesia was 7,131 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Melanesia?
- The highest recorded value was 10,414 million USD in 2012.
- What is the lowest gross fixed capital formation — value us$ recorded in Melanesia?
- The lowest recorded value was 564.9 million USD in 1973.
- How does Melanesia rank for gross fixed capital formation — value us$?
- Melanesia ranks 115th out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Melanesia?
- Over the last ten years it is down 25.4%. The long-run trend across the full record is volatile.
- Where does this Melanesia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.
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About this data
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).