Annual growth of the gross capital formation in Western Europe
Western Europe: Annual growth of the gross capital formation was -2.8% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Western Europe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Western Europe recorded -2.8% for annual growth of the gross capital formation in 2024.
The figure is down 20.9% on the previous year and down 195.3% over ten years.
Over the whole period, annual growth of the gross capital formation in Western Europe peaked at 8.9% in 2011 and was at its lowest, -13.6%, in 2009.
Western Europe ranks 29th of 31 groups on this measure, 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 Western Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.8% | — |
| 2001 | -0.1% | -103.5% |
| 2002 | -6.1% | +4545.9% |
| 2003 | -0.1% | -99.0% |
| 2004 | 1.0% | -1689.1% |
| 2005 | 2.4% | +147.9% |
| 2006 | 6.4% | +162.8% |
| 2007 | 6.3% | -0.9% |
| 2008 | 0.7% | -88.6% |
| 2009 | -13.6% | -1982.2% |
| 2010 | 5.1% | -137.5% |
| 2011 | 8.9% | +74.9% |
| 2012 | -5.3% | -159.2% |
| 2013 | 0.0% | -100.8% |
| 2014 | 3.0% | +7208.6% |
| 2015 | 2.8% | -7.6% |
| 2016 | 1.4% | -49.7% |
| 2017 | 5.4% | +287.2% |
| 2018 | 3.8% | -29.6% |
| 2019 | 2.1% | -43.4% |
| 2020 | -4.1% | -290.8% |
| 2021 | 6.0% | -246.3% |
| 2022 | 0.9% | -84.3% |
| 2023 | -2.3% | -350.1% |
| 2024 | -2.8% | +20.9% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation in Western Europe 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 |
|---|---|---|---|
| 2014 | +7208.6% | 0.0% | 3.0% |
| 2002 | -4545.9% | -0.1% | -6.1% |
| 2009 | -1982.2% | 0.7% | -13.6% |
| 2004 | +1689.1% | -0.1% | 1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | -13.6% | 6.4% | 10 |
| 2010s | 2.7% | -5.3% | 8.9% | 10 |
| 2020s | -0.5% | -4.1% | 6.0% | 5 |
Countries ranked near Western Europe
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Western Europe?
- Annual growth of the gross capital formation in Western Europe was -2.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Western Europe?
- The highest recorded value was 8.9% in 2011.
- What is the lowest annual growth of the gross capital formation recorded in Western Europe?
- The lowest recorded value was -13.6% in 2009.
- How does Western Europe rank for annual growth of the gross capital formation?
- Western Europe ranks 29th out of 31 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Western Europe?
- Over the last ten years it is down 195.3%. The long-run trend across the full record is volatile.
- Where does this Western Europe 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
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