Gross capital formation (constant 2015 US$) in IBRD only
IBRD only: Gross capital formation (constant 2015 US$) was 12.38 trillion constant 2015 US$ in 2025. ◆ Volatile
Gross capital formation in IBRD only, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in IBRD only is 12.38 trillion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 2.4% on the previous year and up 45.8% over ten years.
Over the whole period, gross capital formation in IBRD only peaked at 12.38 trillion constant 2015 US$ in 2025 and was at its lowest, 1.60 trillion constant 2015 US$, in 2000.
That places IBRD only 6th out of 40 groups with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$) in IBRD only, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 2.78 trillion constant 2015 US$ | — |
| 1996 | 2.39 trillion constant 2015 US$ | -14.0% |
| 1997 | 2.41 trillion constant 2015 US$ | +0.9% |
| 1998 | 1.82 trillion constant 2015 US$ | -24.6% |
| 1999 | 1.63 trillion constant 2015 US$ | -10.3% |
| 2000 | 1.60 trillion constant 2015 US$ | -1.9% |
| 2001 | 1.62 trillion constant 2015 US$ | +1.1% |
| 2002 | 2.40 trillion constant 2015 US$ | +48.2% |
| 2003 | 2.04 trillion constant 2015 US$ | -15.0% |
| 2004 | 2.98 trillion constant 2015 US$ | +46.4% |
| 2005 | 3.09 trillion constant 2015 US$ | +3.7% |
| 2006 | 3.69 trillion constant 2015 US$ | +19.2% |
| 2007 | 5.07 trillion constant 2015 US$ | +37.6% |
| 2008 | 5.53 trillion constant 2015 US$ | +9.1% |
| 2009 | 5.82 trillion constant 2015 US$ | +5.2% |
| 2010 | 6.73 trillion constant 2015 US$ | +15.6% |
| 2011 | 7.25 trillion constant 2015 US$ | +7.7% |
| 2012 | 7.66 trillion constant 2015 US$ | +5.7% |
| 2013 | 8.04 trillion constant 2015 US$ | +4.9% |
| 2014 | 8.42 trillion constant 2015 US$ | +4.7% |
| 2015 | 8.49 trillion constant 2015 US$ | +0.9% |
| 2016 | 8.93 trillion constant 2015 US$ | +5.1% |
| 2017 | 9.50 trillion constant 2015 US$ | +6.4% |
| 2018 | 10.01 trillion constant 2015 US$ | +5.3% |
| 2019 | 10.21 trillion constant 2015 US$ | +2.0% |
| 2020 | 10.09 trillion constant 2015 US$ | -1.2% |
| 2021 | 10.89 trillion constant 2015 US$ | +7.9% |
| 2022 | 11.26 trillion constant 2015 US$ | +3.5% |
| 2023 | 11.69 trillion constant 2015 US$ | +3.7% |
| 2024 | 12.09 trillion constant 2015 US$ | +3.5% |
| 2025 | 12.38 trillion constant 2015 US$ | +2.4% |
Biggest year-on-year movements
Years where Gross capital formation (constant 2015 US$) in IBRD only changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +48.2% | 1.62 trillion constant 2015 US$ | 2.40 trillion constant 2015 US$ |
| 2004 | +46.4% | 2.04 trillion constant 2015 US$ | 2.98 trillion constant 2015 US$ |
| 2007 | +37.6% | 3.69 trillion constant 2015 US$ | 5.07 trillion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.21 trillion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 2.78 trillion constant 2015 US$ | 5 |
| 2000s | 3.38 trillion constant 2015 US$ | 1.60 trillion constant 2015 US$ | 5.82 trillion constant 2015 US$ | 10 |
| 2010s | 8.52 trillion constant 2015 US$ | 6.73 trillion constant 2015 US$ | 10.21 trillion constant 2015 US$ | 10 |
| 2020s | 11.40 trillion constant 2015 US$ | 10.09 trillion constant 2015 US$ | 12.38 trillion constant 2015 US$ | 6 |
Countries ranked near IBRD only
- 3 Japan 1.24 trillion constant 2015 US$ compare
- 4 India 1.21 trillion constant 2015 US$ compare
- 5 Germany 771.95 billion constant 2015 US$ compare
- 6 United Kingdom 664.58 billion constant 2015 US$ compare
- 7 France 589.63 billion constant 2015 US$ compare
- 8 South Korea 527.10 billion constant 2015 US$ compare
- 9 Italy 459.25 billion constant 2015 US$ compare
More economy & growth data for IBRD only
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 351.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 265.04 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.99 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 52.93 BoP, current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.36 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3239 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 2,651 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.41 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2875 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in IBRD only?
- Gross capital formation in IBRD only was 12.38 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 IBRD only?
- The highest recorded value was 12.38 trillion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in IBRD only?
- The lowest recorded value was 1.60 trillion constant 2015 US$ in 2000.
- How does IBRD only rank for gross capital formation?
- IBRD only ranks 6th out of 40 groups with data for 2025.
- Is gross capital formation rising or falling in IBRD only?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is volatile.
- Where does this IBRD only 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 — 31 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.