Net investment in nonfinancial assets in Pacific island small states
Pacific island small states: Net investment in nonfinancial assets was 4.0% in 2023. ▼ Falling
Net investment in nonfinancial assets in Pacific island small states, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net investment in nonfinancial assets in Pacific island small states stood at 4.0%.
Compared with earlier readings it is up 58.9% on the previous year and down 15.1% over ten years.
Over the whole period, net investment in nonfinancial assets in Pacific island small states peaked at 5.8% in 2017 and was at its lowest, 2.5%, in 2022.
That places Pacific island small states 4th out of 26 groups with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Net investment in nonfinancial assets in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 5.3% | — |
| 2012 | 5.3% | +0.7% |
| 2013 | 4.7% | -10.8% |
| 2014 | 4.4% | -7.3% |
| 2015 | 4.4% | -0.8% |
| 2016 | 4.1% | -6.5% |
| 2017 | 5.8% | +41.6% |
| 2018 | 4.6% | -20.3% |
| 2019 | 5.0% | +8.2% |
| 2020 | 4.3% | -13.3% |
| 2021 | 3.9% | -8.8% |
| 2022 | 2.5% | -35.7% |
| 2023 | 4.0% | +58.9% |
Biggest year-on-year movements
Years where Net investment in nonfinancial assets in Pacific island small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +58.9% | 2.5% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8% | 4.1% | 5.8% | 9 |
| 2020s | 3.7% | 2.5% | 4.3% | 4 |
Countries ranked near Pacific island small states
- 1 Tajikistan 11.4% compare
- 2 Burkina Faso 10.6% compare
- 3 Micronesia, Federated States of 10.5% compare
- 4 Naoero 9.2% compare
- 5 Rwanda 9.0% compare
- 6 Iraq 9.0% compare
- 7 Marshall Islands 8.8% compare
More public sector data for Pacific island small states
- Tax revenue 20.9% (2023)
- Net lending (+) / net borrowing (-) -1.8% (2023)
- Net incurrence of liabilities, total 3.0% (2023)
- Proportion of seats held by women in national parliaments 8.8% (2025)
- Internally displaced persons, new displacement associated with 76,359 number of cases (2023)
- Net acquisition of financial assets 0.5% (2023)
- CPIA business regulatory environment rating 2.78 1=low to 6=high (2025)
- CPIA debt policy rating 3.06 1=low to 6=high (2025)
- CPIA economic management cluster average 3.13 1=low to 6=high (2025)
- CPIA policy and institutions for environmental sustainability rating 3.17 1=low to 6=high (2025)
Frequently asked questions
- What is net investment in nonfinancial assets in Pacific island small states?
- Net investment in nonfinancial assets in Pacific island small states was 4.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Pacific island small states?
- The highest recorded value was 5.8% in 2017.
- What is the lowest net investment in nonfinancial assets recorded in Pacific island small states?
- The lowest recorded value was 2.5% in 2022.
- How does Pacific island small states rank for net investment in nonfinancial assets?
- Pacific island small states ranks 4th out of 26 groups with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Pacific island small states?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
- Where does this Pacific island small states data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.