Gross capital formation (current US$), annual growth rate in Low & middle income
Low & middle income: Gross capital formation (current US$), annual growth rate was 2.54 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Low & middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Low & middle income recorded 2.54 % change on previous year for gross capital formation (current us$), annual growth rate in 2024.
That represents a change of up 1,155.5% on the previous year and down 39.5% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Low & middle income peaked at 33.11 % change on previous year in 1974 and was at its lowest, -15.9 % change on previous year, in 1961.
That places Low & middle income 33rd out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Low & middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -15.9 % change on previous year | — |
| 1962 | -9.42 % change on previous year | -40.7% |
| 1963 | 17.22 % change on previous year | -282.8% |
| 1964 | 20.97 % change on previous year | +21.8% |
| 1965 | 16.07 % change on previous year | -23.4% |
| 1966 | 4.9 % change on previous year | -69.5% |
| 1967 | -4.89 % change on previous year | -199.8% |
| 1968 | 7.72 % change on previous year | -257.7% |
| 1969 | 14.83 % change on previous year | +92.2% |
| 1970 | 22.12 % change on previous year | +49.2% |
| 1971 | 9.25 % change on previous year | -58.2% |
| 1972 | 10.24 % change on previous year | +10.8% |
| 1973 | 30.34 % change on previous year | +196.2% |
| 1974 | 33.11 % change on previous year | +9.1% |
| 1975 | 18.72 % change on previous year | -43.5% |
| 1976 | 5.86 % change on previous year | -68.7% |
| 1977 | 16.25 % change on previous year | +177.3% |
| 1978 | 8.68 % change on previous year | -46.6% |
| 1979 | 10.29 % change on previous year | +18.5% |
| 1980 | 22.89 % change on previous year | +122.5% |
| 1981 | 10.92 % change on previous year | -52.3% |
| 1982 | -7.06 % change on previous year | -164.6% |
| 1983 | -6.43 % change on previous year | -8.8% |
| 1984 | 3.04 % change on previous year | -147.2% |
| 1985 | 6.83 % change on previous year | +125.1% |
| 1986 | 0.8255 % change on previous year | -87.9% |
| 1987 | 2.44 % change on previous year | +196.0% |
| 1988 | 13.72 % change on previous year | +461.6% |
| 1989 | 7.76 % change on previous year | -43.4% |
| 1990 | 18.79 % change on previous year | +142.0% |
| 1991 | -7.61 % change on previous year | -140.5% |
| 1992 | 9.41 % change on previous year | -223.7% |
| 1993 | 8.13 % change on previous year | -13.7% |
| 1994 | 14.52 % change on previous year | +78.7% |
| 1995 | 12.24 % change on previous year | -15.7% |
| 1996 | 8.99 % change on previous year | -26.6% |
| 1997 | 3.32 % change on previous year | -63.1% |
| 1998 | -4.69 % change on previous year | -241.2% |
| 1999 | -1.6 % change on previous year | -65.7% |
| 2000 | 8.16 % change on previous year | -608.7% |
| 2001 | 3.76 % change on previous year | -54.0% |
| 2002 | 3.8 % change on previous year | +1.2% |
| 2003 | 18.44 % change on previous year | +385.3% |
| 2004 | 24.82 % change on previous year | +34.6% |
| 2005 | 17.03 % change on previous year | -31.4% |
| 2006 | 19.49 % change on previous year | +14.5% |
| 2007 | 28.24 % change on previous year | +44.9% |
| 2008 | 23.23 % change on previous year | -17.7% |
| 2009 | 2.73 % change on previous year | -88.2% |
| 2010 | 25.92 % change on previous year | +848.4% |
| 2011 | 19.26 % change on previous year | -25.7% |
| 2012 | 6.72 % change on previous year | -65.1% |
| 2013 | 6.46 % change on previous year | -3.8% |
| 2014 | 4.19 % change on previous year | -35.1% |
| 2015 | -5.19 % change on previous year | -223.9% |
| 2016 | -0.1602 % change on previous year | -96.9% |
| 2017 | 10.71 % change on previous year | -6781.0% |
| 2018 | 9.85 % change on previous year | -8.0% |
| 2019 | 0.2854 % change on previous year | -97.1% |
| 2020 | -2.4 % change on previous year | -940.7% |
| 2021 | 22.05 % change on previous year | -1018.9% |
| 2022 | 3.78 % change on previous year | -82.9% |
| 2023 | -0.2404 % change on previous year | -106.4% |
| 2024 | 2.54 % change on previous year | -1155.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.72 % change on previous year | -15.9 % change on previous year | 20.97 % change on previous year | 9 |
| 1970s | 16.49 % change on previous year | 5.86 % change on previous year | 33.11 % change on previous year | 10 |
| 1980s | 5.49 % change on previous year | -7.06 % change on previous year | 22.89 % change on previous year | 10 |
| 1990s | 6.15 % change on previous year | -7.61 % change on previous year | 18.79 % change on previous year | 10 |
| 2000s | 14.97 % change on previous year | 2.73 % change on previous year | 28.24 % change on previous year | 10 |
| 2010s | 7.8 % change on previous year | -5.19 % change on previous year | 25.92 % change on previous year | 10 |
| 2020s | 5.15 % change on previous year | -2.4 % change on previous year | 22.05 % change on previous year | 5 |
Countries ranked near Low & middle income
- 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
- 34 Türkiye 21.1 % change on previous year compare
- 35 Tajikistan 20.69 % change on previous year compare
- 36 Paraguay 20.53 % change on previous year compare
More economy & growth data for Low & middle income
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Industry (including construction), value added (constant 2015 US$) 4.21 % change on previous year (2025)
- Industry (including construction), value added 13.41 trillion current US$ (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added (current US$), per unit of GDP 0.5761 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 6.51 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Low & middle income?
- Gross capital formation (current us$), annual growth rate in Low & middle income was 2.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Low & middle income?
- The highest recorded value was 33.11 % change on previous year in 1974.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Low & middle income?
- The lowest recorded value was -15.9 % change on previous year in 1961.
- How does Low & middle income rank for gross capital formation (current us$), annual growth rate?
- Low & middle income ranks 33rd out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Low & middle income?
- Over the last ten years it is down 39.5%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), 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.