Gross capital formation in Latin America & Caribbean
Latin America & Caribbean: Gross capital formation was 1.14 trillion constant 2015 US$ in 2025. ▲ Rising
Gross capital formation in Latin America & Caribbean, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Latin America & Caribbean is 1.14 trillion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 3.1% on the previous year and up 6.8% over ten years.
Over the whole period, gross capital formation in Latin America & Caribbean peaked at 1.16 trillion constant 2015 US$ in 2013 and was at its lowest, 281.12 billion constant 2015 US$, in 1970.
Latin America & Caribbean ranks 23rd of 40 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross capital formation in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 281.12 billion constant 2015 US$ | — |
| 1971 | 296.12 billion constant 2015 US$ | +5.3% |
| 1972 | 319.97 billion constant 2015 US$ | +8.1% |
| 1973 | 362.14 billion constant 2015 US$ | +13.2% |
| 1974 | 408.73 billion constant 2015 US$ | +12.9% |
| 1975 | 433.02 billion constant 2015 US$ | +5.9% |
| 1976 | 444.45 billion constant 2015 US$ | +2.6% |
| 1977 | 458.83 billion constant 2015 US$ | +3.2% |
| 1978 | 473.58 billion constant 2015 US$ | +3.2% |
| 1979 | 495.26 billion constant 2015 US$ | +4.6% |
| 1980 | 555.16 billion constant 2015 US$ | +12.1% |
| 1981 | 551.58 billion constant 2015 US$ | -0.6% |
| 1982 | 467.62 billion constant 2015 US$ | -15.2% |
| 1983 | 364.72 billion constant 2015 US$ | -22.0% |
| 1984 | 377.41 billion constant 2015 US$ | +3.5% |
| 1985 | 424.30 billion constant 2015 US$ | +12.4% |
| 1986 | 423.78 billion constant 2015 US$ | -0.1% |
| 1987 | 443.61 billion constant 2015 US$ | +4.7% |
| 1988 | 450.14 billion constant 2015 US$ | +1.5% |
| 1989 | 438.11 billion constant 2015 US$ | -2.7% |
| 1990 | 426.90 billion constant 2015 US$ | -2.6% |
| 1991 | 466.41 billion constant 2015 US$ | +9.3% |
| 1992 | 501.16 billion constant 2015 US$ | +7.4% |
| 1993 | 532.85 billion constant 2015 US$ | +6.3% |
| 1994 | 603.52 billion constant 2015 US$ | +13.3% |
| 1995 | 569.86 billion constant 2015 US$ | -5.6% |
| 1996 | 604.69 billion constant 2015 US$ | +6.1% |
| 1997 | 677.76 billion constant 2015 US$ | +12.1% |
| 1998 | 701.08 billion constant 2015 US$ | +3.4% |
| 1999 | 651.85 billion constant 2015 US$ | -7.0% |
| 2000 | 679.10 billion constant 2015 US$ | +4.2% |
| 2001 | 657.69 billion constant 2015 US$ | -3.2% |
| 2002 | 618.95 billion constant 2015 US$ | -5.9% |
| 2003 | 628.59 billion constant 2015 US$ | +1.6% |
| 2004 | 703.29 billion constant 2015 US$ | +11.9% |
| 2005 | 732.78 billion constant 2015 US$ | +4.2% |
| 2006 | 812.73 billion constant 2015 US$ | +10.9% |
| 2007 | 919.75 billion constant 2015 US$ | +13.2% |
| 2008 | 1.02 trillion constant 2015 US$ | +10.8% |
| 2009 | 861.79 billion constant 2015 US$ | -15.4% |
| 2010 | 1.03 trillion constant 2015 US$ | +19.2% |
| 2011 | 1.13 trillion constant 2015 US$ | +9.6% |
| 2012 | 1.14 trillion constant 2015 US$ | +1.2% |
| 2013 | 1.16 trillion constant 2015 US$ | +2.0% |
| 2014 | 1.13 trillion constant 2015 US$ | -2.4% |
| 2015 | 1.07 trillion constant 2015 US$ | -6.1% |
| 2016 | 1.00 trillion constant 2015 US$ | -6.1% |
| 2017 | 1.02 trillion constant 2015 US$ | +2.0% |
| 2018 | 1.03 trillion constant 2015 US$ | +1.0% |
| 2019 | 1.01 trillion constant 2015 US$ | -2.5% |
| 2020 | 857.07 billion constant 2015 US$ | -14.8% |
| 2021 | 1.04 trillion constant 2015 US$ | +21.5% |
| 2022 | 1.08 trillion constant 2015 US$ | +4.1% |
| 2023 | 1.07 trillion constant 2015 US$ | -1.0% |
| 2024 | 1.10 trillion constant 2015 US$ | +2.8% |
| 2025 | 1.14 trillion constant 2015 US$ | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 397.32 billion constant 2015 US$ | 281.12 billion constant 2015 US$ | 495.26 billion constant 2015 US$ | 10 |
| 1980s | 449.64 billion constant 2015 US$ | 364.72 billion constant 2015 US$ | 555.16 billion constant 2015 US$ | 10 |
| 1990s | 573.61 billion constant 2015 US$ | 426.90 billion constant 2015 US$ | 701.08 billion constant 2015 US$ | 10 |
| 2000s | 763.34 billion constant 2015 US$ | 618.95 billion constant 2015 US$ | 1.02 trillion constant 2015 US$ | 10 |
| 2010s | 1.07 trillion constant 2015 US$ | 1.00 trillion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 10 |
| 2020s | 1.05 trillion constant 2015 US$ | 857.07 billion constant 2015 US$ | 1.14 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 20 Viet Nam 148.92 billion constant 2015 US$ compare
- 21 Sweden 145.46 billion constant 2015 US$ compare
- 22 United Arab Emirates 134.43 billion constant 2015 US$ compare
- 23 Poland 131.44 billion constant 2015 US$ compare
- 24 Belgium 126.47 billion constant 2015 US$ compare
- 25 Ireland 121.15 billion constant 2015 US$ compare
- 26 Algeria 118.44 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- GDP (current US$), annual growth rate 4.33 % change on previous year (2025)
- Imports of goods and services 6.0% (2025)
- Imports of goods and services 26.4% (2025)
- External balance on goods and services -0.3% (2025)
- Trade 49.1% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,438 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Industry (including construction), value added 30.3% (2025)
- Industry (including construction), value added 1.2% (2025)
Frequently asked questions
- What is gross capital formation in Latin America & Caribbean?
- Gross capital formation in Latin America & Caribbean was 1.14 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 Latin America & Caribbean?
- The highest recorded value was 1.16 trillion constant 2015 US$ in 2013.
- What is the lowest gross capital formation recorded in Latin America & Caribbean?
- The lowest recorded value was 281.12 billion constant 2015 US$ in 1970.
- How does Latin America & Caribbean rank for gross capital formation?
- Latin America & Caribbean ranks 23rd out of 40 groups with data for 2025.
- Is gross capital formation rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.
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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 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.