Annual growth of the gross capital formation in Europe and Northern America
Europe and Northern America: Annual growth of the gross capital formation was 1.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Europe and Northern America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Europe and Northern America recorded 1.4% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is up 17,882.1% on the previous year and down 66.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Europe and Northern America peaked at 8.2% in 2010 and was at its lowest, -17.5%, in 2009.
That places Europe and Northern America 25th out of 31 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Europe and Northern America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.6% | — |
| 2001 | -1.1% | -115.9% |
| 2002 | -0.8% | -24.6% |
| 2003 | 3.2% | -506.9% |
| 2004 | 5.8% | +78.2% |
| 2005 | 4.8% | -15.9% |
| 2006 | 5.7% | +18.5% |
| 2007 | 3.2% | -43.7% |
| 2008 | -2.7% | -182.3% |
| 2009 | -17.5% | +556.4% |
| 2010 | 8.2% | -146.7% |
| 2011 | 5.3% | -34.8% |
| 2012 | 1.1% | -79.3% |
| 2013 | 2.3% | +106.3% |
| 2014 | 4.2% | +86.4% |
| 2015 | 3.7% | -13.1% |
| 2016 | 1.1% | -71.2% |
| 2017 | 4.7% | +348.0% |
| 2018 | 4.3% | -9.1% |
| 2019 | 3.5% | -18.0% |
| 2020 | -4.9% | -237.9% |
| 2021 | 6.8% | -239.6% |
| 2022 | 4.7% | -30.3% |
| 2023 | 0.0% | -99.8% |
| 2024 | 1.4% | +17882.1% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation in Europe and Northern America 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 |
|---|---|---|---|
| 2024 | +17882.1% | 0.0% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -17.5% | 6.6% | 10 |
| 2010s | 3.8% | 1.1% | 8.2% | 10 |
| 2020s | 1.6% | -4.9% | 6.8% | 5 |
Countries ranked near Europe and Northern America
More economy & growth data for Europe and Northern America
- Foreign direct investment (FDI) inflows 533,759 (2024)
- Annual growth rate of real GDP per employed person 1.9% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 11.5% (2025)
- Manufacturing value added (current United States dollars) as a 11.3% (2024)
- Annual growth rate of real GDP per capita 1.9% (2024)
- Merchandise trade as a proportion of GDP 41.4% (2024)
- Annual GDP growth 2.1% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.0% (2024)
- Annual growth of exports of goods and services 1.4% (2024)
- Annual growth of imports of goods and services 2.1% (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Europe and Northern America?
- Annual growth of the gross capital formation in Europe and Northern America was 1.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Europe and Northern America?
- The highest recorded value was 8.2% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Europe and Northern America?
- The lowest recorded value was -17.5% in 2009.
- How does Europe and Northern America rank for annual growth of the gross capital formation?
- Europe and Northern America ranks 25th out of 31 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Europe and Northern America?
- Over the last ten years it is down 66.8%. The long-run trend across the full record is volatile.
- Where does this Europe and Northern America 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).