Gross capital formation in Marshall Islands

Marshall Islands: Gross capital formation was 60.18 million current LCU in 2024. ▲ Rising

Latest (2024)
60.18 million current LCU
Change on year
up 18.2%
World rank
185th
of 186 countries
All-time high
123.79 million current LCU
in 2019
All-time low
23.33 million current LCU
in 2012
Years of data
21
2004–2024

Gross capital formation in Marshall Islands, 2004–2024

25.0M50.0M75.0M100.0M125.0M2004201420242004: 23.5M current LCU2005: 24.9M current LCU2006: 41.8M current LCU2007: 40.2M current LCU2008: 29.1M current LCU2009: 57.2M current LCU2010: 68.5M current LCU2011: 39.8M current LCU2012: 23.3M current LCU2013: 45.3M current LCU2014: 38.1M current LCU2015: 32.0M current LCU2016: 42.0M current LCU2017: 48.4M current LCU2018: 49.8M current LCU2019: 123.8M current LCU2020: 50.0M current LCU2021: 51.4M current LCU2022: 68.4M current LCU2023: 50.9M current LCU2024: 60.2M current LCU

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

Analysis

The most recent figure for gross capital formation in Marshall Islands is 60.18 million current LCU, measured in 2024.

Compared with earlier readings it is up 18.2% on the previous year and up 58.1% over ten years.

Over the whole period, gross capital formation in Marshall Islands peaked at 123.79 million current LCU in 2019 and was at its lowest, 23.33 million current LCU, in 2012.

That places Marshall Islands 185th out of 186 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 36.12 million current LCU 23.52 million current LCU 57.20 million current LCU 6
2010s 51.10 million current LCU 23.33 million current LCU 123.79 million current LCU 10
2020s 56.19 million current LCU 50.04 million current LCU 68.41 million current LCU 5

Countries ranked near Marshall Islands

  1. 182 San Marino 310.91 million current LCU compare
  2. 183 Kiribati 155.55 million current LCU compare
  3. 184 Palau 112.42 million current LCU compare
  4. 186 Equatorial Guinea -274.55 billion current LCU compare

See the full ranking of 186 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 60.18 million current 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 123.79 million current LCU in 2019.
What is the lowest gross capital formation recorded in Marshall Islands?
The lowest recorded value was 23.33 million current LCU in 2012.
How does Marshall Islands rank for gross capital formation?
Marshall Islands ranks 185th out of 186 countries with data for 2024.
Is gross capital formation rising or falling in Marshall Islands?
Over the last ten years it is up 58.1%. 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 (current 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 (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,699 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.