Gross capital formation (constant 2015 US$) in Early-demographic dividend
Early-demographic dividend: Gross capital formation (constant 2015 US$) was 3.89 trillion constant 2015 US$ in 2025. ◆ Volatile
Gross capital formation in Early-demographic dividend, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Early-demographic dividend stood at 3.89 trillion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 40.8% over ten years.
Over the whole period, gross capital formation in Early-demographic dividend peaked at 3.89 trillion constant 2015 US$ in 2025 and was at its lowest, 151.86 billion constant 2015 US$, in 2001.
Early-demographic dividend ranks 16th of 40 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$) in Early-demographic dividend, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 231.97 billion constant 2015 US$ | — |
| 1961 | 249.46 billion constant 2015 US$ | +7.5% |
| 1962 | 251.54 billion constant 2015 US$ | +0.8% |
| 1963 | 262.01 billion constant 2015 US$ | +4.2% |
| 1964 | 309.51 billion constant 2015 US$ | +18.1% |
| 1965 | 364.58 billion constant 2015 US$ | +17.8% |
| 1966 | 375.58 billion constant 2015 US$ | +3.0% |
| 1967 | 394.45 billion constant 2015 US$ | +5.0% |
| 1968 | 440.07 billion constant 2015 US$ | +11.6% |
| 1969 | 458.93 billion constant 2015 US$ | +4.3% |
| 1970 | 495.13 billion constant 2015 US$ | +7.9% |
| 1971 | 513.71 billion constant 2015 US$ | +3.8% |
| 1972 | 561.80 billion constant 2015 US$ | +9.4% |
| 1973 | 609.42 billion constant 2015 US$ | +8.5% |
| 1974 | 720.40 billion constant 2015 US$ | +18.2% |
| 1975 | 814.32 billion constant 2015 US$ | +13.0% |
| 1976 | 912.03 billion constant 2015 US$ | +12.0% |
| 1977 | 964.50 billion constant 2015 US$ | +5.8% |
| 1978 | 941.26 billion constant 2015 US$ | -2.4% |
| 1979 | 878.28 billion constant 2015 US$ | -6.7% |
| 1980 | 984.20 billion constant 2015 US$ | +12.1% |
| 1981 | 1.01 trillion constant 2015 US$ | +2.6% |
| 1982 | 918.76 billion constant 2015 US$ | -9.0% |
| 1983 | 1.50 trillion constant 2015 US$ | +63.3% |
| 1984 | 1.82 trillion constant 2015 US$ | +21.3% |
| 1985 | 2.30 trillion constant 2015 US$ | +26.6% |
| 1986 | 2.20 trillion constant 2015 US$ | -4.4% |
| 1987 | 1.94 trillion constant 2015 US$ | -11.9% |
| 1988 | 1.07 trillion constant 2015 US$ | -45.1% |
| 1989 | 1.16 trillion constant 2015 US$ | +8.6% |
| 1990 | 1.66 trillion constant 2015 US$ | +43.2% |
| 1991 | 1.43 trillion constant 2015 US$ | -13.6% |
| 1992 | 1.58 trillion constant 2015 US$ | +10.1% |
| 1993 | 1.78 trillion constant 2015 US$ | +13.1% |
| 1994 | 2.17 trillion constant 2015 US$ | +21.6% |
| 1995 | 2.23 trillion constant 2015 US$ | +2.9% |
| 1996 | 1.63 trillion constant 2015 US$ | -27.0% |
| 1997 | 1.56 trillion constant 2015 US$ | -4.1% |
| 1998 | 843.72 billion constant 2015 US$ | -46.0% |
| 1999 | 610.11 billion constant 2015 US$ | -27.7% |
| 2000 | 335.04 billion constant 2015 US$ | -45.1% |
| 2001 | 151.86 billion constant 2015 US$ | -54.7% |
| 2002 | 888.97 billion constant 2015 US$ | +485.4% |
| 2003 | 184.13 billion constant 2015 US$ | -79.3% |
| 2004 | 879.52 billion constant 2015 US$ | +377.7% |
| 2005 | 809.65 billion constant 2015 US$ | -7.9% |
| 2006 | 1.08 trillion constant 2015 US$ | +33.3% |
| 2007 | 2.05 trillion constant 2015 US$ | +90.0% |
| 2008 | 2.12 trillion constant 2015 US$ | +3.6% |
| 2009 | 2.19 trillion constant 2015 US$ | +3.2% |
| 2010 | 2.43 trillion constant 2015 US$ | +11.0% |
| 2011 | 2.54 trillion constant 2015 US$ | +4.5% |
| 2012 | 2.67 trillion constant 2015 US$ | +5.2% |
| 2013 | 2.64 trillion constant 2015 US$ | -1.2% |
| 2014 | 2.75 trillion constant 2015 US$ | +4.2% |
| 2015 | 2.76 trillion constant 2015 US$ | +0.4% |
| 2016 | 2.89 trillion constant 2015 US$ | +4.6% |
| 2017 | 3.11 trillion constant 2015 US$ | +7.5% |
| 2018 | 3.21 trillion constant 2015 US$ | +3.3% |
| 2019 | 3.15 trillion constant 2015 US$ | -1.9% |
| 2020 | 2.79 trillion constant 2015 US$ | -11.3% |
| 2021 | 3.22 trillion constant 2015 US$ | +15.3% |
| 2022 | 3.45 trillion constant 2015 US$ | +7.0% |
| 2023 | 3.63 trillion constant 2015 US$ | +5.2% |
| 2024 | 3.76 trillion constant 2015 US$ | +3.8% |
| 2025 | 3.89 trillion constant 2015 US$ | +3.4% |
Biggest year-on-year movements
Years where Gross capital formation (constant 2015 US$) in Early-demographic dividend changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +485.4% | 151.86 billion constant 2015 US$ | 888.97 billion constant 2015 US$ |
| 2004 | +377.7% | 184.13 billion constant 2015 US$ | 879.52 billion constant 2015 US$ |
| 2007 | +90.0% | 1.08 trillion constant 2015 US$ | 2.05 trillion constant 2015 US$ |
| 2003 | -79.3% | 888.97 billion constant 2015 US$ | 184.13 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 333.81 billion constant 2015 US$ | 231.97 billion constant 2015 US$ | 458.93 billion constant 2015 US$ | 10 |
| 1970s | 741.08 billion constant 2015 US$ | 495.13 billion constant 2015 US$ | 964.50 billion constant 2015 US$ | 10 |
| 1980s | 1.49 trillion constant 2015 US$ | 918.76 billion constant 2015 US$ | 2.30 trillion constant 2015 US$ | 10 |
| 1990s | 1.55 trillion constant 2015 US$ | 610.11 billion constant 2015 US$ | 2.23 trillion constant 2015 US$ | 10 |
| 2000s | 1.07 trillion constant 2015 US$ | 151.86 billion constant 2015 US$ | 2.19 trillion constant 2015 US$ | 10 |
| 2010s | 2.82 trillion constant 2015 US$ | 2.43 trillion constant 2015 US$ | 3.21 trillion constant 2015 US$ | 10 |
| 2020s | 3.46 trillion constant 2015 US$ | 2.79 trillion constant 2015 US$ | 3.89 trillion constant 2015 US$ | 6 |
Countries ranked near Early-demographic dividend
- 13 Brazil 344.80 billion constant 2015 US$ compare
- 14 Spain 309.59 billion constant 2015 US$ compare
- 15 Mexico 296.44 billion constant 2015 US$ compare
- 16 Saudi Arabia 286.19 billion constant 2015 US$ compare
- 17 Switzerland 234.70 billion constant 2015 US$ compare
- 18 Netherlands 187.92 billion constant 2015 US$ compare
- 19 Iran 184.32 billion constant 2015 US$ compare
More economy & growth data for Early-demographic dividend
- Households and NPISHs Final consumption expenditure (current US$) 5.59 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 598.5 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.18 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1129 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 515.76 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6252 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.91 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 2,855 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1311 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 5.75 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Early-demographic dividend?
- Gross capital formation in Early-demographic dividend was 3.89 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Early-demographic dividend?
- The highest recorded value was 3.89 trillion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Early-demographic dividend?
- The lowest recorded value was 151.86 billion constant 2015 US$ in 2001.
- How does Early-demographic dividend rank for gross capital formation?
- Early-demographic dividend ranks 16th out of 40 groups with data for 2025.
- Is gross capital formation rising or falling in Early-demographic dividend?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is volatile.
- Where does this Early-demographic dividend data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.