Micronesia (Federated States of) - Gross fixed capital formation in current prices

341,390,264 (US dollars) in 2022

Micronesia (Federated States of) is the top country by gross fixed capital formation among 1 countries. As of 2022, gross fixed capital formation in Micronesia (Federated States of) was 341 million US dollars that accounts for 74.77% of total gross fixed capital formation. The top 2 countries (others are Micronesia (Federated States of)) account for 100.00% of it. The total gross fixed capital formation was estimated at 456 million US dollars in 2022.

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What is gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

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What is Micronesia (Federated States of) gross fixed capital formation?