Gross fixed capital formation in Marshall Islands

Marshall Islands: Gross fixed capital formation was 65.14 million current US$ in 2024. ▲ Rising

Latest (2024)
65.14 million current US$
Change on year
up 24.9%
World rank
180th
of 180 countries
All-time high
116.98 million current US$
in 2019
All-time low
22.44 million current US$
in 2004
Years of data
21
2004–2024

Gross fixed capital formation in Marshall Islands, 2004–2024

20.0M40.0M60.0M80.0M100.0M120.0M2004201420242004: 22.4M current US$2005: 26.3M current US$2006: 39.8M current US$2007: 37.9M current US$2008: 30.6M current US$2009: 54.3M current US$2010: 70.2M current US$2011: 33.5M current US$2012: 29.5M current US$2013: 45.3M current US$2014: 37.1M current US$2015: 33.0M current US$2016: 40.9M current US$2017: 49.1M current US$2018: 46.3M current US$2019: 117.0M current US$2020: 49.5M current US$2021: 52.3M current US$2022: 59.3M current US$2023: 52.1M current US$2024: 65.1M current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross fixed capital formation in Marshall Islands is 65.14 million current US$, measured in 2024.

That represents a change of 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 US$ in 2019 and was at its lowest, 22.44 million current US$, in 2004.

Marshall Islands ranks 180th of 180 countries on this measure, 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 35.21 million current US$ 22.44 million current US$ 54.28 million current US$ 6
2010s 50.19 million current US$ 29.50 million current US$ 116.98 million current US$ 10
2020s 55.67 million current US$ 49.50 million current US$ 65.14 million current US$ 5

Countries ranked near Marshall Islands

  1. 177 Palau 115.22 million current US$ compare
  2. 178 Kiribati 99.64 million current US$ compare
  3. 179 Sao Tome and Principe 85.07 million current US$ compare

See the full ranking of 223 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is gross fixed capital formation in Marshall Islands?
Gross fixed capital formation in Marshall Islands was 65.14 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Marshall Islands?
The highest recorded value was 116.98 million current US$ in 2019.
What is the lowest gross fixed capital formation recorded in Marshall Islands?
The lowest recorded value was 22.44 million current US$ 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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

About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.