Gross capital formation (current US$), annual growth rate in High income
High income: Gross capital formation (current US$), annual growth rate was 2.62 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.62 % change on previous year
Change on year
up 6.0%
Rank
30th
of 43 groups
All-time high
27.24 % change on previous year
in 1973
All-time low
-19.15 % change on previous year
in 2009
Years of data
54
1971–2024
Gross capital formation (current US$), annual growth rate in High income, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current us$), annual growth rate in High income stood at 2.62 % change on previous year.
The figure is up 6.0% on the previous year and down 25.0% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in High income peaked at 27.24 % change on previous year in 1973 and was at its lowest, -19.15 % change on previous year, in 2009.
High income ranks 30th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.58 % change on previous year | — |
| 1972 | 17.43 % change on previous year | +81.8% |
| 1973 | 27.24 % change on previous year | +56.3% |
| 1974 | 13.55 % change on previous year | -50.2% |
| 1975 | -1.21 % change on previous year | -109.0% |
| 1976 | 13.5 % change on previous year | -1212.7% |
| 1977 | 13.84 % change on previous year | +2.5% |
| 1978 | 22.35 % change on previous year | +61.5% |
| 1979 | 17.99 % change on previous year | -19.5% |
| 1980 | 8.17 % change on previous year | -54.6% |
| 1981 | -1.16 % change on previous year | -114.2% |
| 1982 | -6.14 % change on previous year | +428.0% |
| 1983 | 1.74 % change on previous year | -128.4% |
| 1984 | 9.95 % change on previous year | +470.5% |
| 1985 | 3.15 % change on previous year | -68.4% |
| 1986 | 21.75 % change on previous year | +591.1% |
| 1987 | 16.92 % change on previous year | -22.2% |
| 1988 | 17.16 % change on previous year | +1.4% |
| 1989 | 6.48 % change on previous year | -62.3% |
| 1990 | 9.66 % change on previous year | +49.2% |
| 1991 | 3.08 % change on previous year | -68.1% |
| 1992 | 3.53 % change on previous year | +14.6% |
| 1993 | -1.82 % change on previous year | -151.7% |
| 1994 | 8.13 % change on previous year | -545.7% |
| 1995 | 11.67 % change on previous year | +43.7% |
| 1996 | 0.1621 % change on previous year | -98.6% |
| 1997 | -2.09 % change on previous year | -1387.9% |
| 1998 | -1.75 % change on previous year | -16.2% |
| 1999 | 4.94 % change on previous year | -382.3% |
| 2000 | 4.4 % change on previous year | -11.0% |
| 2001 | -5.37 % change on previous year | -222.1% |
| 2002 | 0.5119 % change on previous year | -109.5% |
| 2003 | 11.73 % change on previous year | +2190.7% |
| 2004 | 13.8 % change on previous year | +17.7% |
| 2005 | 8.13 % change on previous year | -41.1% |
| 2006 | 8.44 % change on previous year | +3.8% |
| 2007 | 10.7 % change on previous year | +26.7% |
| 2008 | 5.19 % change on previous year | -51.5% |
| 2009 | -19.15 % change on previous year | -469.2% |
| 2010 | 9.6 % change on previous year | -150.2% |
| 2011 | 11.59 % change on previous year | +20.7% |
| 2012 | 0.276 % change on previous year | -97.6% |
| 2013 | 0.988 % change on previous year | +258.0% |
| 2014 | 3.49 % change on previous year | +252.9% |
| 2015 | -5.42 % change on previous year | -255.5% |
| 2016 | 1.21 % change on previous year | -122.4% |
| 2017 | 6.74 % change on previous year | +454.9% |
| 2018 | 7.54 % change on previous year | +12.0% |
| 2019 | 2.13 % change on previous year | -71.7% |
| 2020 | -3.64 % change on previous year | -270.4% |
| 2021 | 14.39 % change on previous year | -495.9% |
| 2022 | 6.07 % change on previous year | -57.9% |
| 2023 | 2.47 % change on previous year | -59.3% |
| 2024 | 2.62 % change on previous year | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.92 % change on previous year | -1.21 % change on previous year | 27.24 % change on previous year | 9 |
| 1980s | 7.8 % change on previous year | -6.14 % change on previous year | 21.75 % change on previous year | 10 |
| 1990s | 3.55 % change on previous year | -2.09 % change on previous year | 11.67 % change on previous year | 10 |
| 2000s | 3.84 % change on previous year | -19.15 % change on previous year | 13.8 % change on previous year | 10 |
| 2010s | 3.82 % change on previous year | -5.42 % change on previous year | 11.59 % change on previous year | 10 |
| 2020s | 4.38 % change on previous year | -3.64 % change on previous year | 14.39 % change on previous year | 5 |
Countries ranked near High income
- 27 Albania 22.52 % change on previous year compare
- 28 Bahamas 21.56 % change on previous year compare
- 29 Sierra Leone 21.42 % change on previous year compare
- 30 Jordan 21.37 % change on previous year compare
- 31 Ukraine 21.35 % change on previous year compare
- 32 Congo, Democratic Republic of the 21.25 % change on previous year compare
- 33 Republic of Moldova 21.12 % change on previous year compare
More economy & growth data for High income
- Manufacturing, value added (constant 2015 US$), per capita 5,702 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -0.3203 % change on previous year (2024)
- Services, value added 43.80 trillion current US$ (2021)
- Services, value added 69.1% (2021)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0099 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 506.08 constant 2015 US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.12 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 6,110 current US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.112 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 8,995 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in High income?
- Gross capital formation (current us$), annual growth rate in High income was 2.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in High income?
- The highest recorded value was 27.24 % change on previous year in 1973.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in High income?
- The lowest recorded value was -19.15 % change on previous year in 2009.
- How does High income rank for gross capital formation (current us$), annual growth rate?
- High income ranks 30th out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in High income?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.