Micronesia: Capital investment, percent of GDP

The latest value from 1983 is 47.79 percent, unavailable from percent in . In comparison, the world average is 23.48 percent, based on data from 117 countries. Historically, the average for Micronesia from 1983 to 1983 is 47.79 percent. The minimum value, 47.79 percent, was reached in 1983 while the maximum of 47.79 percent was recorded in 1983. See the global rankings or world map for that indicator or use the country comparator to compare trends over time. The value of that indicator for 1983 is 47.79 percent.

The capital investment in Micronesia and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.

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.