Gross fixed capital formation in Pacific island small states
Pacific island small states: Gross fixed capital formation was 2.78 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Pacific island small states, 1983–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Pacific island small states is 2.78 billion current US$, measured in 2024. That is the highest value across all 42 years on record.
The figure is up 11.4% on the previous year and up 43.7% over ten years.
Over the whole period, gross fixed capital formation in Pacific island small states peaked at 2.78 billion current US$ in 2024 and was at its lowest, 312.10 million current US$, in 1988.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 363.53 million current US$ | 312.10 million current US$ | 408.15 million current US$ | 7 |
| 1990s | 609.92 million current US$ | 380.78 million current US$ | 882.18 million current US$ | 10 |
| 2000s | 1.09 billion current US$ | 631.88 million current US$ | 1.61 billion current US$ | 10 |
| 2010s | 1.94 billion current US$ | 1.32 billion current US$ | 2.30 billion current US$ | 10 |
| 2020s | 2.32 billion current US$ | 1.92 billion current US$ | 2.78 billion current US$ | 5 |
More economy & growth data for Pacific island small states
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Households and NPISHs final consumption expenditure 76.1% (2024)
- Manufacturing, value added 776.47 million constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure 9.38 billion current US$ (2024)
- Manufacturing, value added 6.9% (2025)
- General government final consumption expenditure 23.0% (2024)
- General government final consumption expenditure 2.83 billion current US$ (2024)
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 7.00 billion current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation in Pacific island small states?
- Gross fixed capital formation in Pacific island small states was 2.78 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Pacific island small states?
- The highest recorded value was 2.78 billion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Pacific island small states?
- The lowest recorded value was 312.10 million current US$ in 1988.
- Is gross fixed capital formation rising or falling in Pacific island small states?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states 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 — 42 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 indicator is expressed in United States dollars.