Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Marshall Islands

Gross capital formation (% of GDP) in the Marshall Islands in 2024 — 21.1%. Ranked 106 in the world out of 169. Since 2004, the indicator has risen by 3.4 pp.

2024 21.1% +1.8 pp vs 2023
World rank 106of 169
Period maximum 53.2%2019
Period minimum 12.9%2012

Trend over time

2004–2024 · % of GDP

Gross capital formation (% of GDP) — Marshall Islands, 2004–20240204060200420062008201020122014201620182020202220242004: 17.7%2005: 18%2006: 29.2%2007: 26.7%2008: 19.9%2009: 37.8%2010: 42.5%2011: 23.1%2012: 12.9%2013: 24.3%2014: 20.5%2015: 17.4%2016: 20.8%2017: 22.7%2018: 22.6%2019: 53.2%2020: 20.7%2021: 19.7%2022: 26.4%2023: 19.3%2024: 21.1%
Change over the period: +3.4 pp Annual average: 0.17 pp

Comparison, 2024

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

Marshall Islands 21.1%
World 26.3%
Gross capital formation (% of GDP) — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2024 21.1 +1.8 pp
2023 19.3 −7.2 pp
2022 26.4 +6.8 pp
2021 19.7 −1 pp
2020 20.7 −32.5 pp
2019 53.2 +30.5 pp
2018 22.6 −0 pp
2017 22.7 +1.8 pp
2016 20.8 +3.4 pp
2015 17.4 −3.1 pp
2014 20.5 −3.9 pp
2013 24.3 +11.4 pp
2012 12.9 −10.2 pp
2011 23.1 −19.4 pp
2010 42.5 +4.7 pp
2009 37.8 +18 pp
2008 19.9 −6.8 pp
2007 26.7 −2.5 pp
2006 29.2 +11.2 pp
2005 18 +0.3 pp
2004 17.7

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

PW Palau 35 KI Kiribati 29.9 MH Marshall Islands 21.1

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

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