Gross capital formation (constant LCU) by country
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...
Countries reporting
165
Highest
30,202.40 trillion constant LCU
Iran
Lowest
-13.38 billion constant LCU
Djibouti
Median
166.41 billion constant LCU
Years covered
66
1960–2025
Data points
7,054
What the numbers show
Gross capital formation (constant LCU) is currently reported for 165 countries. The highest value is 30,202.40 trillion constant LCU in Iran; the lowest is -13.38 billion constant LCU in Djibouti.
The median across all reporting countries is 166.41 billion constant LCU, and the mean is 235.80 trillion constant LCU.
Over the past decade 131 countries rose and 33 fell. The largest increase was in Somalia (up 247.4%), and the largest decrease in Lebanon (down 99.2%).
Gross capital formation: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Iran | 30,202.40 trillion constant LCU | 2025 | up 40.8% | rising |
| 2 | Indonesia | 4,419.62 trillion constant LCU | 2025 | up 46.1% | volatile |
| 3 | Vietnam | 2,450.29 trillion constant LCU | 2025 | up 93.9% | volatile |
| 4 | South Korea | 649.99 trillion constant LCU | 2025 | up 16.8% | volatile |
| 5 | Colombia | 173.95 trillion constant LCU | 2025 | down 9.1% | volatile |
| 6 | Japan | 153.45 trillion constant LCU | 2024 | up 7.1% | rising |
| 7 | India | 110.34 trillion constant LCU | 2025 | up 78.6% | volatile |
| 8 | Somalia | 97.53 trillion constant LCU | 2025 | up 247.4% | volatile |
| 9 | Paraguay | 69.78 trillion constant LCU | 2025 | up 79.2% | volatile |
| 10 | Tanzania | 65.76 trillion constant LCU | 2025 | up 112.8% | volatile |
| 11 | Cambodia | 54.56 trillion constant LCU | 2025 | up 85.9% | volatile |
| 12 | Chile | 51.81 trillion constant LCU | 2025 | up 18.4% | volatile |
| 13 | China | 51.09 trillion constant LCU | 2025 | up 52.7% | volatile |
| 14 | Uganda | 43.01 trillion constant LCU | 2025 | up 83.9% | volatile |
| 15 | Guinea | 42.12 trillion constant LCU | 2025 | up 237.5% | volatile |
| 16 | Laos | 34.53 trillion constant LCU | 2016 | up 140.0% | rising |
| 17 | Russia | 28.48 trillion constant LCU | 2025 | up 43.1% | rising |
| 18 | Iraq | 17.72 trillion constant LCU | 2024 | down 46.9% | rising |
| 19 | Mongolia | 14.55 trillion constant LCU | 2025 | up 159.2% | rising |
| 20 | Cote d'Ivoire | 14.04 trillion constant LCU | 2025 | up 121.5% | volatile |
| 21 | Hungary | 11.56 trillion constant LCU | 2025 | up 10.1% | rising |
| 22 | Bangladesh | 10.53 trillion constant LCU | 2025 | up 82.7% | volatile |
| 23 | Madagascar | 10.04 trillion constant LCU | 2025 | up 95.0% | volatile |
| 24 | Costa Rica | 9.46 trillion constant LCU | 2025 | up 26.9% | volatile |
| 25 | Kazakhstan | 7.77 trillion constant LCU | 2024 | up 62.3% | volatile |
| 26 | Rwanda | 7.64 trillion constant LCU | 2025 | up 126.7% | volatile |
| 27 | Senegal | 6.54 trillion constant LCU | 2025 | up 131.2% | volatile |
| 28 | Democratic Republic of Congo | 6.22 trillion constant LCU | 2025 | up 92.7% | volatile |
| 29 | Mexico | 5.82 trillion constant LCU | 2025 | up 2.9% | rising |
| 30 | Cameroon | 5.49 trillion constant LCU | 2025 | up 53.9% | volatile |
| 31 | Algeria | 5.48 trillion constant LCU | 2025 | up 22.0% | volatile |
| 32 | Pakistan | 5.41 trillion constant LCU | 2025 | up 13.2% | volatile |
| 33 | United States | 5.41 trillion constant LCU | 2024 | up 38.2% | rising |
| 34 | Philippines | 5.19 trillion constant LCU | 2025 | up 55.9% | volatile |
| 35 | Gabon | 4.52 trillion constant LCU | 2025 | up 133.9% | volatile |
| 36 | Benin | 3.53 trillion constant LCU | 2025 | up 152.8% | volatile |
| 37 | Mali | 3.43 trillion constant LCU | 2025 | up 49.6% | volatile |
| 38 | Sri Lanka | 3.32 trillion constant LCU | 2025 | down 16.3% | volatile |
| 39 | Burkina Faso | 3.10 trillion constant LCU | 2025 | up 128.0% | volatile |
| 40 | Angola | 2.64 trillion constant LCU | 2024 | down 44.8% | rising |
| 41 | Niger | 2.56 trillion constant LCU | 2025 | up 38.3% | volatile |
| 42 | Armenia | 2.15 trillion constant LCU | 2025 | up 128.4% | rising |
| 43 | Chad | 2.14 trillion constant LCU | 2025 | down 2.3% | volatile |
| 44 | Kenya | 2.02 trillion constant LCU | 2025 | up 31.8% | volatile |
| 45 | Serbia | 2.01 trillion constant LCU | 2025 | up 110.0% | volatile |
| 46 | Czechia | 1.77 trillion constant LCU | 2025 | up 26.9% | rising |
| 47 | Saudi Arabia | 1.51 trillion constant LCU | 2025 | up 27.3% | rising |
| 48 | Congo | 1.47 trillion constant LCU | 2025 | down 58.8% | volatile |
| 49 | Dominican Republic | 1.39 trillion constant LCU | 2025 | up 74.6% | volatile |
| 50 | Sweden | 1.36 trillion constant LCU | 2025 | up 21.9% | rising |
| 51 | Togo | 1.25 trillion constant LCU | 2023 | up 167.7% | volatile |
| 52 | Egypt | 1.15 trillion constant LCU | 2025 | down 6.3% | volatile |
| 53 | Norway | 1.01 trillion constant LCU | 2025 | up 1.2% | rising |
| 54 | Malawi | 997.69 billion constant LCU | 2025 | down 24.7% | falling |
| 55 | Iceland | 957.03 billion constant LCU | 2025 | up 80.0% | volatile |
| 56 | Nepal | 947.85 billion constant LCU | 2025 | up 56.1% | volatile |
| 57 | Ethiopia | 873.06 billion constant LCU | 2025 | up 64.8% | rising |
| 58 | Brazil | 776.57 billion constant LCU | 2025 | up 9.9% | rising |
| 59 | Germany | 768.18 billion constant LCU | 2025 | up 15.6% | rising |
| 60 | Ukraine | 658.13 billion constant LCU | 2025 | up 81.3% | volatile |
| 61 | South Africa | 651.69 billion constant LCU | 2025 | down 20.9% | volatile |
| 62 | Canada | 579.29 billion constant LCU | 2025 | up 9.6% | rising |
| 63 | Albania | 565.85 billion constant LCU | 2024 | up 44.2% | rising |
| 64 | Denmark | 564.72 billion constant LCU | 2025 | up 28.6% | rising |
| 65 | France | 563.88 billion constant LCU | 2025 | up 11.2% | rising |
| 66 | United Kingdom | 500.02 billion constant LCU | 2025 | up 22.1% | rising |
| 67 | Poland | 495.45 billion constant LCU | 2025 | up 31.6% | rising |
| 68 | United Arab Emirates | 494.55 billion constant LCU | 2023 | up 69.7% | rising |
| 69 | Morocco | 478.94 billion constant LCU | 2025 | up 47.1% | volatile |
| 70 | Italy | 424.14 billion constant LCU | 2025 | up 44.0% | rising |
| 71 | Israel | 419.01 billion constant LCU | 2025 | up 55.0% | volatile |
| 72 | Malaysia | 394.77 billion constant LCU | 2025 | up 31.9% | volatile |
| 73 | Kyrgyzstan | 363.48 billion constant LCU | 2025 | up 133.3% | rising |
| 74 | Uruguay | 311.11 billion constant LCU | 2025 | down 1.2% | rising |
| 75 | Mozambique | 301.52 billion constant LCU | 2025 | down 29.4% | volatile |
| 76 | Spain | 296.16 billion constant LCU | 2025 | up 32.5% | rising |
| 77 | Qatar | 252.50 billion constant LCU | 2020 | up 66.2% | volatile |
| 78 | Switzerland | 247.57 billion constant LCU | 2025 | up 28.1% | rising |
| 79 | Guinea-Bissau | 198.32 billion constant LCU | 2025 | up 94.4% | rising |
| 80 | Afghanistan | 190.94 billion constant LCU | 2024 | — | rising |
| 81 | Netherlands | 186.50 billion constant LCU | 2025 | up 9.3% | rising |
| 82 | Mauritania | 172.43 billion constant LCU | 2025 | up 122.1% | volatile |
| 83 | North Macedonia | 166.41 billion constant LCU | 2025 | up 19.8% | volatile |
| 84 | Equatorial Guinea | 162.77 billion constant LCU | 2025 | down 87.3% | volatile |
| 85 | Romania | 153.93 billion constant LCU | 2025 | up 47.1% | rising |
| 86 | Peru | 148.33 billion constant LCU | 2025 | up 16.5% | volatile |
| 87 | Argentina | 148.15 billion constant LCU | 2025 | up 2.4% | rising |
| 88 | Singapore | 145.84 billion constant LCU | 2025 | up 35.8% | volatile |
| 89 | Belgium | 123.12 billion constant LCU | 2025 | up 17.6% | rising |
| 90 | Lebanon | 123.03 billion constant LCU | 2024 | down 99.2% | volatile |
| 92 | Guatemala | 112.33 billion constant LCU | 2025 | up 70.1% | volatile |
| 93 | Central African Republic | 110.67 billion constant LCU | 2025 | down 14.2% | rising |
| 94 | Comoros | 100.52 billion constant LCU | 2025 | up 21.7% | rising |
| 95 | Mauritius | 99.76 billion constant LCU | 2025 | up 33.1% | volatile |
| 96 | Bhutan | 94.68 billion constant LCU | 2024 | up 32.1% | volatile |
| 97 | Austria | 94.52 billion constant LCU | 2025 | up 5.4% | rising |
| 98 | New Zealand | 80.47 billion constant LCU | 2024 | up 23.5% | volatile |
| 99 | Nicaragua | 74.88 billion constant LCU | 2025 | up 26.3% | volatile |
| 100 | Moldova | 65.71 billion constant LCU | 2025 | up 86.1% | rising |
| 101 | Botswana | 64.60 billion constant LCU | 2024 | up 79.2% | volatile |
| 102 | Honduras | 63.10 billion constant LCU | 2025 | up 38.6% | volatile |
| 103 | Bolivia | 58.10 billion constant LCU | 2024 | down 3.6% | volatile |
| 104 | Belarus | 57.67 billion constant LCU | 2025 | up 9.0% | volatile |
| 105 | Cape Verde | 55.50 billion constant LCU | 2025 | up 9.6% | falling |
| 106 | Finland | 52.75 billion constant LCU | 2025 | up 3.9% | rising |
| 107 | Macao | 52.41 billion constant LCU | 2025 | down 51.2% | volatile |
| 108 | Portugal | 50.61 billion constant LCU | 2025 | up 58.1% | rising |
| 109 | Vanuatu | 40.35 billion constant LCU | 2024 | up 156.0% | rising |
| 110 | Greece | 34.23 billion constant LCU | 2025 | up 57.0% | rising |
| 111 | Namibia | 32.60 billion constant LCU | 2025 | down 26.9% | volatile |
| 112 | Ghana | 31.84 billion constant LCU | 2024 | down 1.2% | rising |
| 113 | Gambia | 29.77 billion constant LCU | 2025 | up 201.4% | volatile |
| 114 | Haiti | 27.82 billion constant LCU | 2025 | down 73.1% | rising |
| 115 | Panama | 27.52 billion constant LCU | 2024 | up 16.3% | volatile |
| 116 | Ecuador | 22.28 billion constant LCU | 2025 | up 11.6% | rising |
| 117 | Maldives | 21.16 billion constant LCU | 2024 | down 27.9% | falling |
| 118 | Slovakia | 21.08 billion constant LCU | 2025 | down 4.9% | rising |
| 119 | Tunisia | 17.40 billion constant LCU | 2025 | down 10.8% | volatile |
| 120 | Croatia | 16.62 billion constant LCU | 2025 | up 66.3% | rising |
| 121 | Georgia | 16.25 billion constant LCU | 2025 | up 36.8% | rising |
| 122 | Sierra Leone | 15.27 billion constant LCU | 2025 | up 85.1% | volatile |
| 123 | Bulgaria | 14.78 billion constant LCU | 2025 | up 37.1% | rising |
| 124 | Yemen | 13.27 billion constant LCU | 2018 | down 75.3% | falling |
| 125 | Bosnia and Herzegovina | 12.75 billion constant LCU | 2025 | up 91.0% | rising |
| 126 | Slovenia | 11.86 billion constant LCU | 2025 | up 48.7% | rising |
| 127 | Lithuania | 11.74 billion constant LCU | 2025 | up 52.7% | rising |
| 129 | Libya | 10.11 billion constant LCU | 2025 | down 6.1% | falling |
| 130 | Eswatini | 9.18 billion constant LCU | 2024 | down 12.6% | flat |
| 131 | Oman | 8.95 billion constant LCU | 2024 | down 0.2% | rising |
| 132 | Lesotho | 8.75 billion constant LCU | 2025 | up 22.0% | volatile |
| 133 | Puerto Rico | 8.72 billion constant LCU | 2025 | down 25.6% | rising |
| 134 | El Salvador | 8.63 billion constant LCU | 2025 | up 122.4% | rising |
| 135 | Latvia | 8.53 billion constant LCU | 2025 | up 60.3% | rising |
| 136 | Cuba | 8.30 billion constant LCU | 2024 | up 23.1% | rising |
| 137 | Estonia | 8.23 billion constant LCU | 2025 | up 29.8% | rising |
| 138 | Zimbabwe | 6.85 billion constant LCU | 2024 | up 111.7% | rising |
| 139 | Greenland | 6.51 billion constant LCU | 2023 | up 49.4% | rising |
| 140 | Azerbaijan | 6.44 billion constant LCU | 2014 | up 22.3% | volatile |
| 141 | Kuwait | 6.30 billion constant LCU | 2024 | down 7.7% | rising |
| 142 | Cyprus | 5.78 billion constant LCU | 2025 | up 134.1% | rising |
| 143 | Seychelles | 5.32 billion constant LCU | 2025 | up 2.4% | volatile |
| 144 | Brunei | 5.21 billion constant LCU | 2025 | down 18.9% | rising |
| 145 | Bahrain | 4.75 billion constant LCU | 2024 | up 33.9% | rising |
| 146 | Eritrea | 4.01 billion constant LCU | 2011 | up 54.1% | volatile |
| 147 | Turkmenistan | 3.88 billion constant LCU | 2006 | up 79.0% | falling |
| 148 | Bahamas | 3.88 billion constant LCU | 2024 | up 5.3% | rising |
| 150 | Palestine | 3.64 billion constant LCU | 2025 | up 4.0% | rising |
| 151 | Solomon Islands | 2.34 billion constant LCU | 2024 | up 103.9% | volatile |
| 153 | South Sudan | 2.13 billion constant LCU | 2015 | down 56.3% | falling |
| 154 | Papua New Guinea | 1.89 billion constant LCU | 2004 | up 14.5% | rising |
| 155 | Montenegro | 1.53 billion constant LCU | 2025 | up 113.0% | rising |
| 156 | Venezuela | 1.50 billion constant LCU | 2025 | down 88.4% | volatile |
| 157 | Belize | 1.06 billion constant LCU | 2024 | up 45.5% | rising |
| 158 | Sao Tome and Principe | 1.01 billion constant LCU | 2025 | up 24.0% | rising |
| 159 | Bermuda | 850.30 million constant LCU | 2024 | up 11.6% | flat |
| 160 | Samoa | 824.10 million constant LCU | 2025 | up 18.0% | rising |
| 161 | East Timor | 543.83 million constant LCU | 2024 | down 12.1% | volatile |
| 162 | Tajikistan | 498.04 million constant LCU | 2024 | up 44.8% | volatile |
| 163 | Tonga | 295.40 million constant LCU | 2024 | up 50.8% | rising |
| 164 | San Marino | 234.89 million constant LCU | 2023 | up 46.1% | rising |
| 165 | Kiribati | 127.37 million constant LCU | 2024 | up 95.4% | rising |
| 166 | Sudan | 94.85 million constant LCU | 2025 | down 31.1% | falling |
| 167 | Palau | 88.42 million constant LCU | 2024 | up 9.7% | rising |
| 168 | Marshall Islands | 56.43 million constant LCU | 2024 | up 47.3% | rising |
| 169 | Djibouti | -13.38 billion constant LCU | 2025 | up 13.9% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo 2.23 billion constant LCU
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 varies by country. This series is expressed in local currency units.