Annual growth of the gross capital formation in Northern America
Northern America: Annual growth of the gross capital formation was 3.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Northern America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Northern America recorded 3.1% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is up 336.0% on the previous year and down 35.1% over ten years.
Over the whole period, annual growth of the gross capital formation in Northern America peaked at 10.6% in 2010 and was at its lowest, -16.2%, in 2009.
That places Northern America 19th out of 31 groups with data for 2024, putting it 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 Northern America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | -3.9% | -162.7% |
| 2002 | 0.6% | -115.7% |
| 2003 | 4.5% | +634.2% |
| 2004 | 7.9% | +73.6% |
| 2005 | 6.1% | -22.9% |
| 2006 | 3.3% | -45.7% |
| 2007 | -1.2% | -137.5% |
| 2008 | -5.5% | +346.9% |
| 2009 | -16.2% | +194.0% |
| 2010 | 10.6% | -165.2% |
| 2011 | 4.7% | -55.8% |
| 2012 | 7.3% | +55.0% |
| 2013 | 5.0% | -30.8% |
| 2014 | 4.7% | -5.9% |
| 2015 | 4.5% | -4.5% |
| 2016 | -0.1% | -101.5% |
| 2017 | 4.5% | -6926.4% |
| 2018 | 5.3% | +17.6% |
| 2019 | 3.0% | -43.1% |
| 2020 | -3.5% | -215.9% |
| 2021 | 7.2% | -307.4% |
| 2022 | 4.9% | -31.9% |
| 2023 | 0.7% | -85.7% |
| 2024 | 3.1% | +336.0% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation in 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 |
|---|---|---|---|
| 2017 | +6926.4% | -0.1% | 4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | -16.2% | 7.9% | 10 |
| 2010s | 4.9% | -0.1% | 10.6% | 10 |
| 2020s | 2.5% | -3.5% | 7.2% | 5 |
Countries ranked near Northern America
More economy & growth data for Northern America
- Gross Domestic Product, GDP in millions constant 2021 international $ 29.81 million (2027)
- Gross Domestic Product — Value US$ 31.41 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.64 % (2024)
- Gross Domestic Product — Value US$ per capita 81,512 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 63,589 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.50 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.13 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.47 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.85 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.11 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Northern America?
- Annual growth of the gross capital formation in Northern America was 3.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Northern America?
- The highest recorded value was 10.6% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Northern America?
- The lowest recorded value was -16.2% in 2009.
- How does Northern America rank for annual growth of the gross capital formation?
- Northern America ranks 19th out of 31 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Northern America?
- Over the last ten years it is down 35.1%. The long-run trend across the full record is volatile.
- Where does this 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.
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