Marshall Islands: Gross fixed capital formation (% of GDP)

Key figures

What the numbers say

In 2024, Marshall Islands' gross fixed capital formation (% of GDP) rose 3.11 percentage points on 2023 (from 19.75% to 22.86%).

Across the 19 yearly changes before that (2005 to 2023), the average change was +0.15 percentage points and a typical year strayed about 12.57 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above 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 29.2 percentage points in 2019 and the biggest yearly fall was 29.76 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 less than 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.

How it compares

In 2024, Marshall Islands had the 21st 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.

Closest to Marshall Islands in the 2024 ranking

• Kazakhstan — 17th of 38: 24.32%
• North Macedonia — 18th of 38: 23.49%
• New Zealand — 19th of 38: 23.37%
• New Caledonia — 21st of 38: 22.12%
• French Polynesia — 22nd of 38: 21.91%
• Zambia — 23rd of 38: 21.6%

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 21 values

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)
• French Polynesia — 21.91% (2024)
• Hong Kong SAR, China — 16.94% (2025)
• Indonesia — 28.77% (2025)
• Japan — 27.81% (2024)
• Kiribati — 29.04% (2024)

More economic policy & debt data for Marshall Islands

• GDP (current US$) — US$308 million (2025)
• GDP (current LCU) — 308 million (2025)
• GDP (constant 2015 US$) — US$224 million (2025)
• GDP (constant LCU) — 224 million (2025)
• GDP per capita (current US$) — US$8,489 (2025)
• GDP per capita (current LCU) — 8,489 (2025)
• GDP per capita (constant 2015 US$) — US$6,174 (2025)
• GDP per capita (constant LCU) — 6,174 (2025)
• GNI (current US$) — US$364 million (2025)
• GNI (current LCU) — 364 million (2025)
• GNI per capita (current LCU)

Reading data like this

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Questions people ask

What is Marshall Islands's gross fixed capital formation (% of GDP)?

22.86% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2004?

It is up 5.97 percentage points from 16.88% in 2004. The highest value was 50.23% in 2019 and the lowest 16.32% in 2012.

How does Marshall Islands rank?

21st highest of 38 economies with data for 2024.

Is the latest change in gross fixed capital formation (% of GDP) unusual for Marshall Islands?

In 2024, Marshall Islands' gross fixed capital formation (% of GDP) rose 3.11 percentage points on 2023 (from 19.75% to 22.86%). Across the 19 yearly changes before that (2005 to 2023), the average change was +0.15 percentage points and a typical year strayed about 12.57 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above 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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