Gross capital formation in Least developed countries

Least developed countries: Gross capital formation was 2.9% in 2025. ◆ Volatile

Latest (2025)
2.9%
Change on year
down 38.4%
Rank
19th
of 38 groups
All-time high
15.3%
in 2008
All-time low
-1.8%
in 2020
Years of data
23
2003–2025

Gross capital formation in Least developed countries, 2003–2025

0510152003201420252003: 12.7 annual % growth2004: 8.8 annual % growth2005: 7.4 annual % growth2006: 9.3 annual % growth2007: 9.7 annual % growth2008: 15.3 annual % growth2009: 2.3 annual % growth2010: 8 annual % growth2011: 4.9 annual % growth2012: 12.4 annual % growth2013: 7.5 annual % growth2014: 8.8 annual % growth2015: 2.8 annual % growth2016: 5.2 annual % growth2017: 4.6 annual % growth2018: 10.1 annual % growth2019: 5.4 annual % growth2020: -1.8 annual % growth2021: 7.8 annual % growth2022: 10.8 annual % growth2023: 0.768 annual % growth2024: 4.7 annual % growth2025: 2.9 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for gross capital formation in Least developed countries is 2.9%, measured in 2025.

Compared with earlier readings it is down 38.4% on the previous year and up 4.2% over ten years.

Over the whole period, gross capital formation in Least developed countries peaked at 15.3% in 2008 and was at its lowest, -1.8%, in 2020.

Least developed countries ranks 19th of 38 groups on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation in Least developed countries, year by year

Annual values for Gross capital formation (annual % growth) in Least developed countries, 2003 to 2025.
Year annual % growth Change
2003 12.7%
2004 8.8% -30.7%
2005 7.4% -16.7%
2006 9.3% +25.8%
2007 9.7% +5.1%
2008 15.3% +57.3%
2009 2.3% -84.7%
2010 8.0% +241.9%
2011 4.9% -39.1%
2012 12.4% +156.0%
2013 7.5% -39.9%
2014 8.8% +17.9%
2015 2.8% -68.3%
2016 5.2% +84.8%
2017 4.6% -10.3%
2018 10.1% +118.3%
2019 5.4% -46.2%
2020 -1.8% -132.4%
2021 7.8% -540.5%
2022 10.8% +39.2%
2023 0.8% -92.9%
2024 4.7% +516.9%
2025 2.9% -38.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.4% 2.3% 15.3% 7
2010s 7.0% 2.8% 12.4% 10
2020s 4.2% -1.8% 10.8% 6

Countries ranked near Least developed countries

  1. 16 Sierra Leone 18.7% compare
  2. 17 Malawi 18.6% compare
  3. 18 Latvia 18.3% compare
  4. 19 Argentina 17.7% compare
  5. 20 Nicaragua 17.1% compare
  6. 21 Mozambique 15.9% compare
  7. 22 Armenia 15.6% compare

See the full ranking of 208 places →

More economy & growth data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is gross capital formation in Least developed countries?
Gross capital formation in Least developed countries was 2.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Least developed countries?
The highest recorded value was 15.3% in 2008.
What is the lowest gross capital formation recorded in Least developed countries?
The lowest recorded value was -1.8% in 2020.
How does Least developed countries rank for gross capital formation?
Least developed countries ranks 19th out of 38 groups with data for 2025.
Is gross capital formation rising or falling in Least developed countries?
Over the last ten years it is up 4.2%. The long-run trend across the full record is volatile.
Where does this Least developed countries data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.

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Gross capital formation in Least developed countries. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-capital-formation-annual-percent-growth/least-developed-countries-un-classification/

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About this data

Indicator
Gross capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 8,398 data points, 1961–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.