Gross capital formation (constant 2015 US$), per unit of GDP in North America
North America: Gross capital formation (constant 2015 US$), per unit of GDP was 0.1749 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross capital formation (constant 2015 US$), per unit of GDP in North America, 1970–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), per unit of gdp in North America is 0.1749 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.
The figure is down 1.9% on the previous year and down 17.3% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in North America peaked at 0.7946 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.1749 constant 2015 US$ per US$ of GDP, in 2024.
North America ranks 32nd of 40 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross capital formation (constant 2015 US$), per unit of GDP in North America, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7946 constant 2015 US$ per US$ of GDP | — |
| 1971 | 0.7715 constant 2015 US$ per US$ of GDP | -2.9% |
| 1972 | 0.7542 constant 2015 US$ per US$ of GDP | -2.2% |
| 1973 | 0.737 constant 2015 US$ per US$ of GDP | -2.3% |
| 1974 | 0.6493 constant 2015 US$ per US$ of GDP | -11.9% |
| 1975 | 0.5291 constant 2015 US$ per US$ of GDP | -18.5% |
| 1976 | 0.5392 constant 2015 US$ per US$ of GDP | +1.9% |
| 1977 | 0.5375 constant 2015 US$ per US$ of GDP | -0.3% |
| 1978 | 0.5262 constant 2015 US$ per US$ of GDP | -2.1% |
| 1979 | 0.4934 constant 2015 US$ per US$ of GDP | -6.2% |
| 1980 | 0.4193 constant 2015 US$ per US$ of GDP | -15.0% |
| 1981 | 0.3997 constant 2015 US$ per US$ of GDP | -4.7% |
| 1982 | 0.3403 constant 2015 US$ per US$ of GDP | -14.9% |
| 1983 | 0.3403 constant 2015 US$ per US$ of GDP | -0.0% |
| 1984 | 0.3777 constant 2015 US$ per US$ of GDP | +11.0% |
| 1985 | 0.363 constant 2015 US$ per US$ of GDP | -3.9% |
| 1986 | 0.3509 constant 2015 US$ per US$ of GDP | -3.3% |
| 1987 | 0.3419 constant 2015 US$ per US$ of GDP | -2.6% |
| 1988 | 0.3226 constant 2015 US$ per US$ of GDP | -5.6% |
| 1989 | 0.3098 constant 2015 US$ per US$ of GDP | -4.0% |
| 1990 | 0.2883 constant 2015 US$ per US$ of GDP | -7.0% |
| 1991 | 0.264 constant 2015 US$ per US$ of GDP | -8.4% |
| 1992 | 0.2631 constant 2015 US$ per US$ of GDP | -0.4% |
| 1993 | 0.2648 constant 2015 US$ per US$ of GDP | +0.7% |
| 1994 | 0.273 constant 2015 US$ per US$ of GDP | +3.1% |
| 1995 | 0.268 constant 2015 US$ per US$ of GDP | -1.8% |
| 1996 | 0.2717 constant 2015 US$ per US$ of GDP | +1.4% |
| 1997 | 0.2817 constant 2015 US$ per US$ of GDP | +3.7% |
| 1998 | 0.2899 constant 2015 US$ per US$ of GDP | +2.9% |
| 1999 | 0.2938 constant 2015 US$ per US$ of GDP | +1.3% |
| 2000 | 0.2927 constant 2015 US$ per US$ of GDP | -0.4% |
| 2001 | 0.2731 constant 2015 US$ per US$ of GDP | -6.7% |
| 2002 | 0.2661 constant 2015 US$ per US$ of GDP | -2.6% |
| 2003 | 0.2633 constant 2015 US$ per US$ of GDP | -1.1% |
| 2004 | 0.2649 constant 2015 US$ per US$ of GDP | +0.6% |
| 2005 | 0.2619 constant 2015 US$ per US$ of GDP | -1.2% |
| 2006 | 0.254 constant 2015 US$ per US$ of GDP | -3.0% |
| 2007 | 0.2381 constant 2015 US$ per US$ of GDP | -6.2% |
| 2008 | 0.2197 constant 2015 US$ per US$ of GDP | -7.7% |
| 2009 | 0.1895 constant 2015 US$ per US$ of GDP | -13.7% |
| 2010 | 0.1993 constant 2015 US$ per US$ of GDP | +5.2% |
| 2011 | 0.1999 constant 2015 US$ per US$ of GDP | +0.3% |
| 2012 | 0.2063 constant 2015 US$ per US$ of GDP | +3.2% |
| 2013 | 0.2092 constant 2015 US$ per US$ of GDP | +1.4% |
| 2014 | 0.2113 constant 2015 US$ per US$ of GDP | +1.0% |
| 2015 | 0.216 constant 2015 US$ per US$ of GDP | +2.2% |
| 2016 | 0.2107 constant 2015 US$ per US$ of GDP | -2.4% |
| 2017 | 0.2106 constant 2015 US$ per US$ of GDP | -0.1% |
| 2018 | 0.2106 constant 2015 US$ per US$ of GDP | +0.0% |
| 2019 | 0.2085 constant 2015 US$ per US$ of GDP | -1.0% |
| 2020 | 0.2038 constant 2015 US$ per US$ of GDP | -2.3% |
| 2021 | 0.1959 constant 2015 US$ per US$ of GDP | -3.9% |
| 2022 | 0.1874 constant 2015 US$ per US$ of GDP | -4.3% |
| 2023 | 0.1782 constant 2015 US$ per US$ of GDP | -4.9% |
| 2024 | 0.1749 constant 2015 US$ per US$ of GDP | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6332 constant 2015 US$ per US$ of GDP | 0.4934 constant 2015 US$ per US$ of GDP | 0.7946 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.3565 constant 2015 US$ per US$ of GDP | 0.3098 constant 2015 US$ per US$ of GDP | 0.4193 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2758 constant 2015 US$ per US$ of GDP | 0.2631 constant 2015 US$ per US$ of GDP | 0.2938 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.2523 constant 2015 US$ per US$ of GDP | 0.1895 constant 2015 US$ per US$ of GDP | 0.2927 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2083 constant 2015 US$ per US$ of GDP | 0.1993 constant 2015 US$ per US$ of GDP | 0.216 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1881 constant 2015 US$ per US$ of GDP | 0.1749 constant 2015 US$ per US$ of GDP | 0.2038 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near North America
- 29 Kiribati 0.2766 constant 2015 US$ per US$ of GDP compare
- 30 Kazakhstan 0.2716 constant 2015 US$ per US$ of GDP compare
- 31 Samoa 0.2707 constant 2015 US$ per US$ of GDP compare
- 32 Morocco 0.2688 constant 2015 US$ per US$ of GDP compare
- 33 Palau 0.2664 constant 2015 US$ per US$ of GDP compare
- 34 Cambodia 0.2619 constant 2015 US$ per US$ of GDP compare
- 35 Nepal 0.2615 constant 2015 US$ per US$ of GDP compare
More economy & growth data for North America
- External balance on goods and services -2.8% (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 4.86 trillion current US$ (2024)
- Imports of goods and services 4.34 trillion constant 2015 US$ (2024)
- Imports of goods and services 5.0% (2024)
- Imports of goods and services 15.4% (2024)
- Industry (including construction), value added 18.2% (2021)
- Services, value added 75.5% (2021)
- Services, value added 19.44 trillion current US$ (2021)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per unit of gdp in North America?
- Gross capital formation (constant 2015 us$), per unit of gdp in North America was 0.1749 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in North America?
- The highest recorded value was 0.7946 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in North America?
- The lowest recorded value was 0.1749 constant 2015 US$ per US$ of GDP in 2024.
- How does North America rank for gross capital formation (constant 2015 us$), per unit of gdp?
- North America ranks 32nd out of 40 groups with data for 2024.
- Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in North America?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is falling.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.