Annual growth of the gross capital formation in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Annual growth of the gross capital formation was 6.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Least Developed Countries (LDCs), 2003–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Least Developed Countries (LDCs) is 6.1%, measured in 2024.
That represents a change of up 726.5% on the previous year and down 31.2% over ten years.
Over the whole period, annual growth of the gross capital formation in Least Developed Countries (LDCs) peaked at 15.3% in 2008 and was at its lowest, -1.9%, in 2020.
That places Least Developed Countries (LDCs) 5th out of 31 groups with data for 2024, putting it in the top 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 Least Developed Countries (LDCs), year by year
| Year | % | Change |
|---|---|---|
| 2003 | 12.6% | — |
| 2004 | 8.9% | -29.8% |
| 2005 | 7.3% | -17.9% |
| 2006 | 9.1% | +24.7% |
| 2007 | 10.0% | +10.5% |
| 2008 | 15.3% | +52.7% |
| 2009 | 2.4% | -84.5% |
| 2010 | 8.0% | +236.4% |
| 2011 | 4.9% | -38.3% |
| 2012 | 12.5% | +154.2% |
| 2013 | 7.5% | -40.3% |
| 2014 | 8.8% | +18.1% |
| 2015 | 2.8% | -68.5% |
| 2016 | 5.1% | +83.0% |
| 2017 | 4.6% | -10.0% |
| 2018 | 10.0% | +118.5% |
| 2019 | 5.6% | -44.5% |
| 2020 | -1.9% | -133.9% |
| 2021 | 7.8% | -513.1% |
| 2022 | 10.7% | +37.4% |
| 2023 | 0.7% | -93.1% |
| 2024 | 6.1% | +726.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 2.4% | 15.3% | 7 |
| 2010s | 7.0% | 2.8% | 12.5% | 10 |
| 2020s | 4.7% | -1.9% | 10.7% | 5 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Least Developed Countries (LDCs)?
- Annual growth of the gross capital formation in Least Developed Countries (LDCs) was 6.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 15.3% in 2008.
- What is the lowest annual growth of the gross capital formation recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was -1.9% in 2020.
- How does Least Developed Countries (LDCs) rank for annual growth of the gross capital formation?
- Least Developed Countries (LDCs) ranks 5th out of 31 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 31.2%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) 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.
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