Annual growth of the gross capital formation in Canada
Canada: Annual growth of the gross capital formation was -2.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Canada, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Canada is -2.1%, measured in 2024.
That represents a change of up 64.0% on the previous year and down 348.2% 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.
That places Canada 119th out of 167 countries 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 Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.3% | — |
| 2001 | -3.2% | -138.2% |
| 2002 | 2.3% | -172.0% |
| 2003 | 9.5% | +313.5% |
| 2004 | 8.7% | -8.1% |
| 2005 | 11.2% | +28.2% |
| 2006 | 5.7% | -48.9% |
| 2007 | 3.0% | -48.1% |
| 2008 | 1.7% | -41.9% |
| 2009 | -13.8% | -904.1% |
| 2010 | 12.3% | -189.2% |
| 2011 | 8.0% | -35.4% |
| 2012 | 3.6% | -55.2% |
| 2013 | 3.6% | +2.0% |
| 2014 | 0.8% | -77.2% |
| 2015 | -6.9% | -930.1% |
| 2016 | -4.8% | -30.8% |
| 2017 | 7.5% | -256.2% |
| 2018 | 2.3% | -69.1% |
| 2019 | -0.1% | -102.6% |
| 2020 | -8.9% | +14766.7% |
| 2021 | 13.9% | -255.7% |
| 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% | 11.2% | 10 |
| 2010s | 2.6% | -6.9% | 12.3% | 10 |
| 2020s | 0.7% | -8.9% | 13.9% | 5 |
Countries ranked near Canada
- 116 Slovenia -1.3% compare
- 117 Equatorial Guinea -1.5% compare
- 118 Luxembourg -2.0% compare
- 120 Republic of Korea -2.3% compare
- 121 Finland -2.4% compare
- 122 Estonia -2.6% 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)
- Manufacturing, value added (constant LCU), per capita 5,089 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.22 % change on previous year (2022)
- Industry (including construction), value added (current US$), per 0.2735 current US$ per US$ of GDP (2022)
- Industry (including construction), value added (current US$), per 15,452 current US$ per person (2022)
- Industry (including construction), value added (current LCU), annual 20.64 % change on previous year (2022)
- Industry (including construction), value added (current LCU), per 0.356 current LCU per US$ of GDP (2022)
- Industry (including construction), value added (current LCU), per 20,112 current LCU per person (2022)
- Industry (including construction), value added (constant 2015 US$) 1.31 % change on previous year (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 World Bank – processed by Our World in Data.
- 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 119th out of 167 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 348.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).