American Samoa's gross fixed capital formation, private sector (current LCU) was 53 million in 2022, the latest year in the World Bank's World Development Indicators. That is down 1.85% from 54 million in 2012 (0.19% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 53 million | 2022 |
| Five years earlier | 54 million | 2017 |
| Ten years earlier | 54 million | 2012 |
| Highest | 79 million | 2021 |
| Lowest | 23 million | 2002 |
| Average since 2013 | 59.7 million | 2013–2022 |
| First recorded | 23 million |
What the numbers say
In 2022, American Samoa's gross fixed capital formation, private sector (current LCU) fell 32.9% on 2021 (from 79 million to 53 million).
Across the 19 yearly changes before that (2003 to 2021), the average change was +7.9% and a typical year strayed about 15.8% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 34.8% in 2020 and the biggest yearly fall was 32.9% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to American Samoa in the 2022 ranking
- Guam — 3rd of 6: 2.01 billion
- Virgin Islands (US) — 4th of 6: 448 million
- Northern Mariana Islands — 5th of 6: 117 million
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.
All 21 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2022 | 53,000,000 |
| 2021 | 79,000,000 |
| 2020 | 62,000,000 |
| 2019 | 46,000,000 |
| 2018 | 56,000,000 |
| 2017 | 54,000,000 |
| 2016 | 53,000,000 |
| 2015 | 56,000,000 |
| 2014 | 72,000,000 |
| 2013 | 66,000,000 |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- Australia — 565.23 billion (2025)
- Brunei Darussalam — 5.03 billion (2025)
- China — 43.34 trillion (2023)
- Guam — 2.01 billion (2022)
- Hong Kong SAR, China — 365.65 billion (2025)
- Korea, Rep. — 635.16 trillion (2025)
- Lao PDR — 27.34 trillion (2016)
- Macao SAR, China — 30.52 billion (2025)
- Malaysia — 332.83 billion (2025)
More economic policy & debt data for American Samoa
- Adjusted savings, education expenditure (% of GNI) — 11.76% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, carbon dioxide damage (current US$) — US$17.65 million (2021)
- Adjusted savings, energy depletion (current US$) — US$0 (2021)
- Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) — 12,688 (2022)
- Households and NPISHs final consumption expenditure (current US$) — US$621 million (2022)
- Households and NPISHs final consumption expenditure (current LCU) — 621 million (2022)
- Households and NPISHs final consumption expenditure, linked series (current LCU)
Reading data like this
Questions people ask
- What is American Samoa's gross fixed capital formation, private sector (current LCU)?
- 53 million in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 130.43% from 23 million in 2002 (4.26% a year on average, compounded). The highest value was 79 million in 2021 and the lowest 23 million in 2002.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for American Samoa?
- In 2022, American Samoa's gross fixed capital formation, private sector (current LCU) fell 32.9% on 2021 (from 79 million to 53 million). Across the 19 yearly changes before that (2003 to 2021), the average change was +7.9% and a typical year strayed about 15.8% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.GDI.FPRV.CN, licensed CC BY 4.0. Original source: 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) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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