Gross capital formation (current US$), annual growth rate (current US) in North America
North America: Gross capital formation (current US$), annual growth rate (current US) was 4.85 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in North America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
North America recorded 4.85 % change on previous year for gross capital formation (current us$), annual growth rate in 2024.
That represents a change of up 33.6% on the previous year and down 17.5% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in North America peaked at 23.95 % change on previous year in 1984 and was at its lowest, -17.43 % change on previous year, in 2009.
North America ranks 22nd of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate (current US) in North America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.62 % change on previous year | — |
| 1972 | 13.2 % change on previous year | +13.5% |
| 1973 | 15.73 % change on previous year | +19.2% |
| 1974 | 7.59 % change on previous year | -51.7% |
| 1975 | -1.87 % change on previous year | -124.6% |
| 1976 | 20.77 % change on previous year | -1212.2% |
| 1977 | 16.44 % change on previous year | -20.9% |
| 1978 | 17.39 % change on previous year | +5.8% |
| 1979 | 13.47 % change on previous year | -22.6% |
| 1980 | 1.42 % change on previous year | -89.4% |
| 1981 | 17.09 % change on previous year | +1099.7% |
| 1982 | -6.5 % change on previous year | -138.0% |
| 1983 | 9.63 % change on previous year | -248.3% |
| 1984 | 23.95 % change on previous year | +148.6% |
| 1985 | 3.71 % change on previous year | -84.5% |
| 1986 | 3.64 % change on previous year | -1.9% |
| 1987 | 6.28 % change on previous year | +72.8% |
| 1988 | 5.81 % change on previous year | -7.5% |
| 1989 | 6.76 % change on previous year | +16.4% |
| 1990 | 0.4813 % change on previous year | -92.9% |
| 1991 | -3.82 % change on previous year | -893.7% |
| 1992 | 4.53 % change on previous year | -218.5% |
| 1993 | 6.16 % change on previous year | +36.0% |
| 1994 | 10.5 % change on previous year | +70.6% |
| 1995 | 4.73 % change on previous year | -54.9% |
| 1996 | 7.39 % change on previous year | +56.1% |
| 1997 | 10.14 % change on previous year | +37.3% |
| 1998 | 7.42 % change on previous year | -26.9% |
| 1999 | 8.21 % change on previous year | +10.7% |
| 2000 | 7.72 % change on previous year | -6.0% |
| 2001 | -3.44 % change on previous year | -144.5% |
| 2002 | 1.29 % change on previous year | -137.5% |
| 2003 | 5.96 % change on previous year | +361.8% |
| 2004 | 11.68 % change on previous year | +96.1% |
| 2005 | 10.93 % change on previous year | -6.4% |
| 2006 | 7.53 % change on previous year | -31.1% |
| 2007 | 1.49 % change on previous year | -80.2% |
| 2008 | -3.74 % change on previous year | -351.0% |
| 2009 | -17.43 % change on previous year | +366.3% |
| 2010 | 10.97 % change on previous year | -163.0% |
| 2011 | 6.66 % change on previous year | -39.3% |
| 2012 | 8.67 % change on previous year | +30.2% |
| 2013 | 5.48 % change on previous year | -36.8% |
| 2014 | 5.88 % change on previous year | +7.3% |
| 2015 | 3.86 % change on previous year | -34.4% |
| 2016 | -0.2998 % change on previous year | -107.8% |
| 2017 | 6.12 % change on previous year | -2142.3% |
| 2018 | 7.08 % change on previous year | +15.6% |
| 2019 | 4.34 % change on previous year | -38.7% |
| 2020 | -2.21 % change on previous year | -150.9% |
| 2021 | 12.36 % change on previous year | -659.8% |
| 2022 | 12.91 % change on previous year | +4.5% |
| 2023 | 3.63 % change on previous year | -71.9% |
| 2024 | 4.85 % change on previous year | +33.6% |
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) in North America 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 |
|---|---|---|---|
| 2017 | +2142.3% | -0.2998 % change on previous year | 6.12 % change on previous year |
| 1976 | +1212.2% | -1.87 % change on previous year | 20.77 % change on previous year |
| 1981 | +1099.7% | 1.42 % change on previous year | 17.09 % change on previous year |
| 1991 | -893.7% | 0.4813 % change on previous year | -3.82 % change on previous year |
| 2021 | +659.8% | -2.21 % change on previous year | 12.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.7 % change on previous year | -1.87 % change on previous year | 20.77 % change on previous year | 9 |
| 1980s | 7.18 % change on previous year | -6.5 % change on previous year | 23.95 % change on previous year | 10 |
| 1990s | 5.57 % change on previous year | -3.82 % change on previous year | 10.5 % change on previous year | 10 |
| 2000s | 2.2 % change on previous year | -17.43 % change on previous year | 11.68 % change on previous year | 10 |
| 2010s | 5.88 % change on previous year | -0.2998 % change on previous year | 10.97 % change on previous year | 10 |
| 2020s | 6.31 % change on previous year | -2.21 % change on previous year | 12.91 % change on previous year | 5 |
Countries ranked near North America
- 19 East Timor 31.82 % change on previous year compare
- 20 Haiti 31.38 % change on previous year compare
- 21 Guinea 30.63 % change on previous year compare
- 22 Vanuatu 27.93 % change on previous year compare
- 23 Belarus 24.73 % change on previous year compare
- 24 Latvia 23.84 % change on previous year compare
- 25 Sri Lanka 22.92 % change on previous year compare
More economy & growth data for North America
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,224 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.35 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 469.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,250 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0145 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 479.40 billion BoP, current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 65,820 current US$ per person (2021)
- Services, value added (current US$), annual growth rate 10.37 % change on previous year (2021)
- Services, value added (current US$), per unit of GDP 0.7546 current US$ per US$ of GDP (2021)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in North America?
- Gross capital formation (current us$), annual growth rate in North America was 4.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in North America?
- The highest recorded value was 23.95 % change on previous year in 1984.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in North America?
- The lowest recorded value was -17.43 % change on previous year in 2009.
- How does North America rank for gross capital formation (current us$), annual growth rate?
- North America ranks 22nd out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in North America?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is volatile.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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.