Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Micronesia

Gross capital formation (% of GDP) in Micronesia in 1983 — 47.8%. Ranked 2 in the world out of 118.

1983 47.8%
World rank 2of 118
Period maximum 47.8%1983
Period minimum 47.8%1983

Trend over time

1983–1983 · % of GDP

Change over the period: +0 pp

Comparison, 1983

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

Micronesia 47.8%
World 24.1%
Gross capital formation (% of GDP) — Micronesia, by year Micronesia All countries CSV XLSX
Year % Change, pp
1983 47.8

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.