French Polynesia's gross fixed capital formation (% of GDP) was 21.91% in 2024, the latest year in the World Bank's World Development Indicators. That is up 3.15 percentage points from 18.75% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 21.91% | 2024 |
| Five years earlier | 25.31% | 2019 |
| Ten years earlier | 18.75% | 2014 |
| Highest | 27.05% | 2018 |
| Lowest | 18.22% | 2011 |
| Average since 2015 | 22.04% | 2015–2024 |
| First recorded | 24.02% | 2005 |
What the numbers say
In 2024, French Polynesia's gross fixed capital formation (% of GDP) fell 0.75 percentage points on 2023 (from 22.65% to 21.91%).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.08 percentage points and a typical year strayed about 2.54 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 7.91 percentage points in 2018 and the biggest yearly fall was 4.02 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 9% 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.
How it compares
In 2024, French Polynesia had the 23rd highest value of the 38 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| French Polynesia | 21.91% | 2024 |
| World | 25.62% | 2024 |
| East Asia & Pacific | 34.13% | 2024 |
| High income | 22.21% | 2024 |
Closest to French Polynesia in the 2024 ranking
- New Zealand — 19th of 38: 23.37%
- Marshall Islands — 20th of 38: 22.86%
- New Caledonia — 21st of 38: 22.12%
- Zambia — 23rd of 38: 21.6%
- United States — 24th of 38: 21.35%
- Belize — 25th of 38: 21.13%
What this measures
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 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 20 values
| Year | Gross fixed capital formation (% of GDP) |
|---|---|
| 2024 | 21.91 |
| 2023 | 22.65 |
| 2022 | 22.51 |
| 2021 | 22.01 |
| 2020 | 21.29 |
| 2019 | 25.31 |
| 2018 | 27.05 |
| 2017 | 19.14 |
| 2016 | 18.6 |
| 2015 | 19.92 |
| 2014 |
Gross fixed capital formation (% of GDP) in nearby economies
- Australia — 24.33% (2025)
- Brunei Darussalam — 26.91% (2025)
- Cambodia — 30.91% (2025)
- China — 39.65% (2024)
- Fiji — 20.09% (2024)
- Hong Kong SAR, China — 16.94% (2025)
- Indonesia — 28.77% (2025)
- Japan — 27.81% (2024)
- Kiribati — 29.04% (2024)
- Korea, Rep. — 28.33% (2025)
More economic policy & debt data for French Polynesia
- GNI (current US$) — US$7.01 billion (2024)
- GNI (current LCU) — 773.67 billion (2024)
- GNI per capita (current LCU) — 2.75 million (2024)
- GDP (current US$) — US$6.32 billion (2024)
- GDP (current LCU) — 697.55 billion (2024)
- GDP (constant 2015 US$) — US$5.87 billion (2024)
- GDP (constant LCU) — 571.89 billion (2024)
- GDP per capita (current US$) — US$22,440 (2024)
- GDP per capita (current LCU) — 2.48 million (2024)
- GDP per capita (constant 2015 US$) — US$20,847 (2024)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is French Polynesia's gross fixed capital formation (% of GDP)?
- 21.91% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 2.12 percentage points from 24.02% in 2005. The highest value was 27.05% in 2018 and the lowest 18.22% in 2011.
- How does French Polynesia rank?
- 23rd highest of 38 economies with data for 2024.
- Is the latest change in gross fixed capital formation (% of GDP) unusual for French Polynesia?
- In 2024, French Polynesia's gross fixed capital formation (% of GDP) fell 0.75 percentage points on 2023 (from 22.65% to 21.91%). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.08 percentage points and a typical year strayed about 2.54 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.ZS, 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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