Gross capital formation in Marshall Islands

Marshall Islands: Gross capital formation was 56.43 million constant LCU in 2024. ▲ Rising

Latest (2024)
56.43 million constant LCU
Change on year
up 13.8%
World rank
168th
of 169 countries
All-time high
128.85 million constant LCU
in 2019
All-time low
25.89 million constant LCU
in 2012
Years of data
21
2004–2024

Gross capital formation in Marshall Islands, 2004–2024

25.0M50.0M75.0M100.0M125.0M2004201420242004: 27.3M constant LCU2005: 28.8M constant LCU2006: 47.9M constant LCU2007: 44.5M constant LCU2008: 31.1M constant LCU2009: 59.6M constant LCU2010: 71.2M constant LCU2011: 39.6M constant LCU2012: 25.9M constant LCU2013: 46.2M constant LCU2014: 38.3M constant LCU2015: 32.0M constant LCU2016: 43.5M constant LCU2017: 52.3M constant LCU2018: 53.4M constant LCU2019: 128.8M constant LCU2020: 52.6M constant LCU2021: 55.2M constant LCU2022: 67.1M constant LCU2023: 49.6M constant LCU2024: 56.4M constant LCU

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

Analysis

In 2024, gross capital formation in Marshall Islands stood at 56.43 million constant LCU.

The figure is up 13.8% on the previous year and up 47.3% over ten years.

Over the whole period, gross capital formation in Marshall Islands peaked at 128.85 million constant LCU in 2019 and was at its lowest, 25.89 million constant LCU, in 2012.

That places Marshall Islands 168th out of 169 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.86 million constant LCU 27.30 million constant LCU 59.59 million constant LCU 6
2010s 53.11 million constant LCU 25.89 million constant LCU 128.85 million constant LCU 10
2020s 56.17 million constant LCU 49.57 million constant LCU 67.06 million constant LCU 5

Countries ranked near Marshall Islands

  1. 165 Kiribati 127.37 million constant LCU compare
  2. 166 Sudan 94.85 million constant LCU compare
  3. 167 Palau 88.42 million constant LCU compare
  4. 169 Djibouti -13.38 billion constant LCU compare

See the full ranking of 169 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is gross capital formation in Marshall Islands?
Gross capital formation in Marshall Islands was 56.43 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Marshall Islands?
The highest recorded value was 128.85 million constant LCU in 2019.
What is the lowest gross capital formation recorded in Marshall Islands?
The lowest recorded value was 25.89 million constant LCU in 2012.
How does Marshall Islands rank for gross capital formation?
Marshall Islands ranks 168th out of 169 countries with data for 2024.
Is gross capital formation rising or falling in Marshall Islands?
Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
Where does this Marshall Islands 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 LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 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 varies by country. This series is expressed in local currency units.