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Marshall IslandsGross Capital Formation (% of GDP)

Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #113 of 176Series years: 20042024
Latest Value
21.1%
2024
YoY Change
+9.5%
20232024
Global Rank
#113
of 176 countries
Maximum
53.2%
2019
Minimum
12.9%
2012
CAGR
+0.9%
21 years
Last
21.1%
Previous
19.3%
Highest
53.2%
Lowest
12.9%
Unit
% of GDP
Source
World Bank World Development Indicators

Marshall Islands's gross capital formation (% of GDP) was 21.1% in 2024, ranking #113 out of 176 countries. This represents a +9.5% change from 2023. Over the past 21 years, the highest recorded value was 53.2% (2019) and the lowest was 12.9% (2012). Data sourced from the World Bank World Development Indicators.

Marshall Islands — Gross Capital Formation (% of GDP): 21.1154736842105 % of GDP for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202421.1%+9.5%
202319.3%-27.1%
202226.4%+34.3%
202119.7%-4.9%
202020.7%-61.1%
201953.2%+134.7%
201822.6%-0.1%
201722.7%+8.8%
201620.8%+19.8%
201517.4%-15.0%
201420.5%-15.9%
201324.3%+88.4%
201212.9%-44.1%
201123.1%-45.7%
201042.5%+12.4%
200937.8%+90.3%
200819.9%-25.5%
200726.7%-8.6%
200629.2%+61.9%
200518.0%+1.9%
200417.7%

Top Countries — Gross Capital Formation (% of GDP)

#CountryValueYear
1Algeria45.3%2025
2Mauritania44.3%2025
3Bhutan42.6%2024
4Iran, Islamic Rep.41.8%2025
5Tanzania40.7%2025
6China40.5%2024
7Gambia, The40.4%2025
8Guinea37.0%2025
9Greenland36.0%2023
10Benin35.8%2025
View all 176 countries →

About This Indicator

Definition

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 20042024View original source →