Gross capital formation in United States of America
United States of America: Gross capital formation was 3.5% in 2024. ◆ Volatile
Gross capital formation in United States of America, 1971–2024
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 United States of America is 3.5%, measured in 2024.
Compared with earlier readings it is up 122.4% on the previous year and down 32.5% over ten years.
Over the whole period, gross capital formation in United States of America peaked at 23.7% in 1984 and was at its lowest, -16.5%, in 2009.
That places United States of America 97th out of 169 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.
Gross capital formation in United States of America, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 5.5% | — |
| 1972 | 7.8% | +43.4% |
| 1973 | 9.0% | +15.0% |
| 1974 | -4.8% | -153.7% |
| 1975 | -12.4% | +157.1% |
| 1976 | 15.0% | -220.6% |
| 1977 | 11.0% | -26.4% |
| 1978 | 10.7% | -3.1% |
| 1979 | 3.9% | -63.9% |
| 1980 | -7.7% | -299.9% |
| 1981 | 6.8% | -187.9% |
| 1982 | -10.2% | -250.3% |
| 1983 | 8.7% | -185.2% |
| 1984 | 23.7% | +173.8% |
| 1985 | 2.4% | -89.9% |
| 1986 | 1.8% | -24.6% |
| 1987 | 3.5% | +93.2% |
| 1988 | 1.7% | -51.7% |
| 1989 | 3.6% | +114.5% |
| 1990 | -1.0% | -128.4% |
| 1991 | -5.3% | +411.5% |
| 1992 | 5.5% | -204.8% |
| 1993 | 5.4% | -2.3% |
| 1994 | 9.0% | +68.0% |
| 1995 | 2.9% | -68.3% |
| 1996 | 7.6% | +165.0% |
| 1997 | 9.5% | +24.9% |
| 1998 | 8.7% | -8.6% |
| 1999 | 7.9% | -8.5% |
| 2000 | 6.1% | -23.1% |
| 2001 | -4.0% | -165.4% |
| 2002 | 0.5% | -112.1% |
| 2003 | 4.1% | +758.1% |
| 2004 | 7.8% | +89.3% |
| 2005 | 5.6% | -28.1% |
| 2006 | 3.1% | -45.4% |
| 2007 | -1.6% | -153.5% |
| 2008 | -6.3% | +281.1% |
| 2009 | -16.5% | +163.7% |
| 2010 | 10.4% | -162.9% |
| 2011 | 4.3% | -58.6% |
| 2012 | 7.7% | +79.4% |
| 2013 | 5.2% | -32.8% |
| 2014 | 5.2% | -0.3% |
| 2015 | 5.7% | +11.0% |
| 2016 | 0.4% | -93.5% |
| 2017 | 4.2% | +1027.1% |
| 2018 | 5.6% | +31.6% |
| 2019 | 3.3% | -41.1% |
| 2020 | -2.8% | -187.0% |
| 2021 | 6.9% | -344.2% |
| 2022 | 4.9% | -28.8% |
| 2023 | 1.6% | -68.3% |
| 2024 | 3.5% | +122.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | -12.4% | 15.0% | 9 |
| 1980s | 3.4% | -10.2% | 23.7% | 10 |
| 1990s | 5.0% | -5.3% | 9.5% | 10 |
| 2000s | -0.1% | -16.5% | 7.8% | 10 |
| 2010s | 5.2% | 0.4% | 10.4% | 10 |
| 2020s | 2.8% | -2.8% | 6.9% | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1052 current US$ per US$ of GDP (2021)
- Manufacturing, value added (current US$), per capita 7,519 current US$ per person (2021)
- Manufacturing, value added (current LCU), per unit of GDP 0.1052 current LCU per US$ of GDP (2021)
- Manufacturing, value added (current LCU), per capita 7,519 current LCU per person (2021)
- Industry (including construction), value added (current US$), annual 13.08 % change on previous year (2021)
- Industry (including construction), value added (current US$), per 0.1758 current US$ per US$ of GDP (2021)
- Industry (including construction), value added (current US$), per 12,556 current US$ per person (2021)
- Industry (including construction), value added (current LCU), annual 13.08 % change on previous year (2021)
Frequently asked questions
- What is gross capital formation in United States of America?
- Gross capital formation in United States of America was 3.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in United States of America?
- The highest recorded value was 23.7% in 1984.
- What is the lowest gross capital formation recorded in United States of America?
- The lowest recorded value was -16.5% in 2009.
- How does United States of America rank for gross capital formation?
- United States of America ranks 97th out of 169 countries with data for 2024.
- Is gross capital formation rising or falling in United States of America?
- Over the last ten years it is down 32.5%. The long-run trend across the full record is volatile.
- Where does this United States of America 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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About this data
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.