Gross fixed capital formation in Marshall Islands
Marshall Islands: Gross fixed capital formation was 65.14 million current LCU in 2024. ▲ Rising
Gross fixed capital formation in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Marshall Islands is 65.14 million current LCU, measured in 2024.
Compared with earlier readings it is up 24.9% on the previous year and up 75.4% over ten years.
Over the whole period, gross fixed capital formation in Marshall Islands peaked at 116.98 million current LCU in 2019 and was at its lowest, 22.44 million current LCU, in 2004.
That places Marshall Islands 180th out of 180 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.21 million current LCU | 22.44 million current LCU | 54.28 million current LCU | 6 |
| 2010s | 50.19 million current LCU | 29.50 million current LCU | 116.98 million current LCU | 10 |
| 2020s | 55.67 million current LCU | 49.50 million current LCU | 65.14 million current LCU | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross national expenditure 413.62 million current US$ (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 4.2% (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation in Marshall Islands?
- Gross fixed capital formation in Marshall Islands was 65.14 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Marshall Islands?
- The highest recorded value was 116.98 million current LCU in 2019.
- What is the lowest gross fixed capital formation recorded in Marshall Islands?
- The lowest recorded value was 22.44 million current LCU in 2004.
- How does Marshall Islands rank for gross fixed capital formation?
- Marshall Islands ranks 180th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Marshall Islands?
- Over the last ten years it is up 75.4%. 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 fixed 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
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.