Annual growth of the gross capital formation in Canada
Canada: Annual growth of the gross capital formation was -2.1% in 2024. ◆ Volatile
Latest (2024)
-2.1%
Change on year
up 64.0%
World rank
122nd
of 174 countries
All-time high
13.9%
in 2021
All-time low
-13.8%
in 2009
Years of data
25
2000–2024
Annual growth of the gross capital formation in Canada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Canada recorded -2.1% for annual growth of the gross capital formation in 2024.
That represents a change of up 64.0% on the previous year and down 347.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Canada peaked at 13.9% in 2021 and was at its lowest, -13.8%, in 2009.
Canada ranks 122nd of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.3% | — |
| 2001 | -3.2% | -138.2% |
| 2002 | 2.3% | -171.9% |
| 2003 | 9.5% | +313.9% |
| 2004 | 8.7% | -8.2% |
| 2005 | 11.1% | +28.1% |
| 2006 | 5.7% | -48.9% |
| 2007 | 3.0% | -48.1% |
| 2008 | 1.7% | -41.8% |
| 2009 | -13.8% | -902.8% |
| 2010 | 12.3% | -189.2% |
| 2011 | 8.0% | -35.4% |
| 2012 | 3.6% | -55.2% |
| 2013 | 3.6% | +1.8% |
| 2014 | 0.8% | -77.2% |
| 2015 | -6.9% | -929.2% |
| 2016 | -4.8% | -30.8% |
| 2017 | 7.4% | -256.2% |
| 2018 | 2.3% | -69.1% |
| 2019 | -0.1% | -102.7% |
| 2020 | -8.9% | +14350.8% |
| 2021 | 13.9% | -255.6% |
| 2022 | 6.4% | -53.9% |
| 2023 | -5.7% | -189.4% |
| 2024 | -2.1% | -64.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | -13.8% | 11.1% | 10 |
| 2010s | 2.6% | -6.9% | 12.3% | 10 |
| 2020s | 0.7% | -8.9% | 13.9% | 5 |
Countries ranked near Canada
- 119 Slovenia -1.3% compare
- 120 Equatorial Guinea -1.5% compare
- 121 Luxembourg -2.0% compare
- 123 Republic of Korea -2.3% compare
- 123 Republic of Korea -2.3% compare
- 125 Finland -2.4% compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 0.6876 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.4381 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 24,399 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -1.68 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2418 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 13,468 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 2.16 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.229 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Canada?
- Annual growth of the gross capital formation in Canada was -2.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Canada?
- The highest recorded value was 13.9% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Canada?
- The lowest recorded value was -13.8% in 2009.
- How does Canada rank for annual growth of the gross capital formation?
- Canada ranks 122nd out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Canada?
- Over the last ten years it is down 347.8%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).