Gross capital formation in Small states

Small states: Gross capital formation was 58.19 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
58.19 billion constant 2015 US$
Change on year
up 3.4%
All-time high
58.19 billion constant 2015 US$
in 2024
All-time low
29.20 billion constant 2015 US$
in 2001
Years of data
25
2000–2024

Gross capital formation in Small states, 2000–2024

020.0B40.0B60.0B2000201220242000: 29.8B constant 2015 US$2001: 29.2B constant 2015 US$2002: 32.5B constant 2015 US$2003: 33.6B constant 2015 US$2004: 36.2B constant 2015 US$2005: 40.2B constant 2015 US$2006: 46.9B constant 2015 US$2007: 49.8B constant 2015 US$2008: 48.9B constant 2015 US$2009: 38.4B constant 2015 US$2010: 39.9B constant 2015 US$2011: 42.8B constant 2015 US$2012: 46.8B constant 2015 US$2013: 44.7B constant 2015 US$2014: 42.1B constant 2015 US$2015: 43.5B constant 2015 US$2016: 47.9B constant 2015 US$2017: 52.3B constant 2015 US$2018: 55.9B constant 2015 US$2019: 56.3B constant 2015 US$2020: 49.3B constant 2015 US$2021: 52.7B constant 2015 US$2022: 55.7B constant 2015 US$2023: 56.3B constant 2015 US$2024: 58.2B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

In 2024, gross capital formation in Small states stood at 58.19 billion constant 2015 US$. That is the highest value across all 25 years on record.

That represents a change of up 3.4% on the previous year and up 38.4% over ten years.

Over the whole period, gross capital formation in Small states peaked at 58.19 billion constant 2015 US$ in 2024 and was at its lowest, 29.20 billion constant 2015 US$, in 2001.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.55 billion constant 2015 US$ 29.20 billion constant 2015 US$ 49.78 billion constant 2015 US$ 10
2010s 47.22 billion constant 2015 US$ 39.91 billion constant 2015 US$ 56.29 billion constant 2015 US$ 10
2020s 54.41 billion constant 2015 US$ 49.26 billion constant 2015 US$ 58.19 billion constant 2015 US$ 5

More economy & growth data for Small states

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Frequently asked questions

What is gross capital formation in Small states?
Gross capital formation in Small states was 58.19 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Small states?
The highest recorded value was 58.19 billion constant 2015 US$ in 2024.
What is the lowest gross capital formation recorded in Small states?
The lowest recorded value was 29.20 billion constant 2015 US$ in 2001.
Is gross capital formation rising or falling in Small states?
Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
Where does this Small states data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.