Canada vs North America: Gross capital formation
Gross capital formation over time
- Canada
- North America
How they compare
North America currently reports 5.52 trillion constant 2015 US$ against 406.46 billion constant 2015 US$ in Canada, a difference of 5.12 trillion constant 2015 US$.
That makes North America's figure about 13.6 times Canada's.
Across all 55 years both countries report, North America has been ahead every year.
Canada ranks 12th and North America ranks 14th of 162 countries.
North America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Canada | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 104.90 billion constant 2015 US$ | 1.13 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | North America |
| 1980s | 144.83 billion constant 2015 US$ | 1.60 trillion constant 2015 US$ | 1.46 trillion constant 2015 US$ | North America |
| 1990s | 182.57 billion constant 2015 US$ | 2.27 trillion constant 2015 US$ | 2.09 trillion constant 2015 US$ | North America |
| 2000s | 292.31 billion constant 2015 US$ | 3.41 trillion constant 2015 US$ | 3.12 trillion constant 2015 US$ | North America |
| 2010s | 376.22 billion constant 2015 US$ | 4.12 trillion constant 2015 US$ | 3.74 trillion constant 2015 US$ | North America |
| 2020s | 396.41 billion constant 2015 US$ | 5.18 trillion constant 2015 US$ | 4.79 trillion constant 2015 US$ | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Canada or North America?
- North America, at 5.52 trillion constant 2015 US$ against 406.46 billion constant 2015 US$ in Canada as of 2024.
- What is the difference in gross capital formation between Canada and North America?
- 5.12 trillion constant 2015 US$, with North America ahead.
- How many years of comparable data are there for Canada and North America?
- 55 years are reported by both, from 1970 to 2024.
- How do Canada and North America rank globally for gross capital formation?
- Canada ranks 12th and North America ranks 14th of 162 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.