Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Melanesia

Gross capital formation in US dollars in Melanesia in 2024 — 3,783,116,152 US$. Since 1980, the indicator has risen by 271.3%.

2024 3.78B US$ −9.18% vs 2023
World rank
Period maximum 5.51B US$2013
Period minimum 852M US$1985

Trend over time

1980–2024 · US$

Gross capital formation in US dollars — Melanesia, 1980–202402B4B6B19801985199019952000200520102015202020241980: 1,018,848,535 US$1981: 1,282,778,696 US$1982: 1,241,821,642 US$1983: 1,158,640,811 US$1984: 1,062,855,762 US$1985: 852,319,303 US$1986: 1,060,190,195 US$1987: 888,931,039 US$1988: 1,187,107,152 US$1989: 1,039,305,729 US$1990: 1,841,439,991 US$1991: 1,320,879,790 US$1992: 1,287,192,054 US$1993: 1,231,885,389 US$1994: 1,531,859,103 US$1995: 1,398,279,258 US$1996: 1,627,994,045 US$1997: 1,522,597,527 US$1998: 1,966,949,423 US$1999: 1,982,303,509 US$2000: 1,984,443,432 US$2001: 1,879,880,827 US$2002: 2,050,619,871 US$2003: 2,876,530,013 US$2004: 3,252,122,100 US$2005: 2,626,299,641 US$2006: 3,161,293,628 US$2007: 4,148,719,314 US$2008: 4,920,880,324 US$2009: 3,850,603,120 US$2010: 4,974,421,402 US$2011: 5,487,527,515 US$2012: 4,991,711,133 US$2013: 5,509,275,419 US$2014: 5,129,315,536 US$2015: 4,533,861,021 US$2016: 4,091,783,448 US$2017: 4,269,888,243 US$2018: 4,451,970,431 US$2019: 4,350,944,743 US$2020: 3,724,866,126 US$2021: 4,015,475,034 US$2022: 4,152,419,520 US$2023: 4,165,660,641 US$2024: 3,783,116,152 US$
Change over the period: +2.76B (+271.31%) Average annual rate: 3.03 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Melanesia

Melanesia 3.78B US$
World 29.36T US$
Gross capital formation in US dollars — Melanesia, by year Melanesia All countries CSV XLSX
Year US$ Change Change, %
2024 3.78B −383M −9.18%
2023 4.17B +13.24M +0.32%
2022 4.15B +137M +3.41%
2021 4.02B +291M +7.8%
2020 3.72B −626M −14.39%
2019 4.35B −101M −2.27%
2018 4.45B +182M +4.26%
2017 4.27B +178M +4.35%
2016 4.09B −442M −9.75%
2015 4.53B −595M −11.61%
2014 5.13B −380M −6.9%
2013 5.51B +518M +10.37%
2012 4.99B −496M −9.04%
2011 5.49B +513M +10.31%
2010 4.97B +1.12B +29.19%
2009 3.85B −1.07B −21.75%
2008 4.92B +772M +18.61%
2007 4.15B +987M +31.23%
2006 3.16B +535M +20.37%
2005 2.63B −626M −19.24%
2004 3.25B +376M +13.06%
2003 2.88B +826M +40.28%
2002 2.05B +171M +9.08%
2001 1.88B −105M −5.27%
2000 1.98B +2.14M +0.11%
1999 1.98B +15.35M +0.78%
1998 1.97B +444M +29.18%
1997 1.52B −105M −6.47%
1996 1.63B +230M +16.43%
1995 1.4B −134M −8.72%
1994 1.53B +300M +24.35%
1993 1.23B −55.31M −4.3%
1992 1.29B −33.69M −2.55%
1991 1.32B −521M −28.27%
1990 1.84B +802M +77.18%
1989 1.04B −148M −12.45%
1988 1.19B +298M +33.54%
1987 889M −171M −16.15%
1986 1.06B +208M +24.39%
1985 852M −211M −19.81%
1984 1.06B −95.79M −8.27%
1983 1.16B −83.18M −6.7%
1982 1.24B −40.96M −3.19%
1981 1.28B +264M +25.9%
1980 1.02B

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.