Gross capital formation (current US$), annual growth rate in Upper middle income
Upper middle income: Gross capital formation (current US$), annual growth rate was 2.09 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.09 % change on previous year
Change on year
up 468.3%
Rank
36th
of 43 groups
All-time high
34.28 % change on previous year
in 1973
All-time low
-23.59 % change on previous year
in 1961
Years of data
64
1961–2024
Gross capital formation (current US$), annual growth rate in Upper middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Upper middle income recorded 2.09 % change on previous year for gross capital formation (current us$), annual growth rate in 2024.
The figure is up 468.3% on the previous year and down 48.2% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Upper middle income peaked at 34.28 % change on previous year in 1973 and was at its lowest, -23.59 % change on previous year, in 1961.
That places Upper middle income 36th out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Upper middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -23.59 % change on previous year | — |
| 1962 | -15.6 % change on previous year | -33.9% |
| 1963 | 19.64 % change on previous year | -225.9% |
| 1964 | 22.65 % change on previous year | +15.3% |
| 1965 | 20.25 % change on previous year | -10.6% |
| 1966 | 14.54 % change on previous year | -28.2% |
| 1967 | -8.97 % change on previous year | -161.7% |
| 1968 | 7.64 % change on previous year | -185.2% |
| 1969 | 17.45 % change on previous year | +128.2% |
| 1970 | 24.18 % change on previous year | +38.6% |
| 1971 | 9.18 % change on previous year | -62.0% |
| 1972 | 11.91 % change on previous year | +29.8% |
| 1973 | 34.28 % change on previous year | +187.8% |
| 1974 | 32.59 % change on previous year | -4.9% |
| 1975 | 21.15 % change on previous year | -35.1% |
| 1976 | 5.11 % change on previous year | -75.8% |
| 1977 | 13.13 % change on previous year | +156.8% |
| 1978 | 6.37 % change on previous year | -51.5% |
| 1979 | 10.78 % change on previous year | +69.3% |
| 1980 | 26.51 % change on previous year | +145.9% |
| 1981 | 9.35 % change on previous year | -64.7% |
| 1982 | -9.92 % change on previous year | -206.1% |
| 1983 | -3.28 % change on previous year | -66.9% |
| 1984 | 2.32 % change on previous year | -170.6% |
| 1985 | 4.83 % change on previous year | +108.6% |
| 1986 | -0.8327 % change on previous year | -117.2% |
| 1987 | 1.2 % change on previous year | -244.5% |
| 1988 | 14.68 % change on previous year | +1120.1% |
| 1989 | 11.66 % change on previous year | -20.6% |
| 1990 | 21.15 % change on previous year | +81.3% |
| 1991 | -6.19 % change on previous year | -129.3% |
| 1992 | 9.65 % change on previous year | -255.9% |
| 1993 | 12.44 % change on previous year | +28.9% |
| 1994 | 13.55 % change on previous year | +9.0% |
| 1995 | 11.65 % change on previous year | -14.0% |
| 1996 | 11.57 % change on previous year | -0.7% |
| 1997 | 2.23 % change on previous year | -80.8% |
| 1998 | -6.39 % change on previous year | -387.0% |
| 1999 | -5.34 % change on previous year | -16.4% |
| 2000 | 11.49 % change on previous year | -315.3% |
| 2001 | 2.49 % change on previous year | -78.4% |
| 2002 | 3.95 % change on previous year | +58.7% |
| 2003 | 18.54 % change on previous year | +369.7% |
| 2004 | 24.43 % change on previous year | +31.8% |
| 2005 | 16.4 % change on previous year | -32.9% |
| 2006 | 19.75 % change on previous year | +20.4% |
| 2007 | 27.02 % change on previous year | +36.8% |
| 2008 | 28.36 % change on previous year | +5.0% |
| 2009 | 1.7 % change on previous year | -94.0% |
| 2010 | 27.23 % change on previous year | +1501.0% |
| 2011 | 21.3 % change on previous year | -21.8% |
| 2012 | 7.63 % change on previous year | -64.2% |
| 2013 | 8.25 % change on previous year | +8.1% |
| 2014 | 4.03 % change on previous year | -51.2% |
| 2015 | -5.31 % change on previous year | -231.8% |
| 2016 | -0.4486 % change on previous year | -91.6% |
| 2017 | 10.22 % change on previous year | -2378.5% |
| 2018 | 10.27 % change on previous year | +0.5% |
| 2019 | 0.4595 % change on previous year | -95.5% |
| 2020 | -1.45 % change on previous year | -415.6% |
| 2021 | 21.72 % change on previous year | -1597.6% |
| 2022 | 2.64 % change on previous year | -87.8% |
| 2023 | -0.5664 % change on previous year | -121.4% |
| 2024 | 2.09 % change on previous year | -468.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6 % change on previous year | -23.59 % change on previous year | 22.65 % change on previous year | 9 |
| 1970s | 16.87 % change on previous year | 5.11 % change on previous year | 34.28 % change on previous year | 10 |
| 1980s | 5.65 % change on previous year | -9.92 % change on previous year | 26.51 % change on previous year | 10 |
| 1990s | 6.43 % change on previous year | -6.39 % change on previous year | 21.15 % change on previous year | 10 |
| 2000s | 15.41 % change on previous year | 1.7 % change on previous year | 28.36 % change on previous year | 10 |
| 2010s | 8.36 % change on previous year | -5.31 % change on previous year | 27.23 % change on previous year | 10 |
| 2020s | 4.89 % change on previous year | -1.45 % change on previous year | 21.72 % change on previous year | 5 |
Countries ranked near Upper middle income
- 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
- 37 Morocco 20.33 % change on previous year compare
- 38 Cape Verde 20.18 % change on previous year compare
- 39 Lithuania 19.87 % change on previous year compare
More economy & growth data for Upper middle income
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Industry (including construction), value added (current US$), per 3,559 current US$ per person (2025)
- Industry (including construction), value added 10.96 trillion current US$ (2025)
- Industry (including construction), value added 10.57 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.7% (2025)
- Industry (including construction), value added 32.7% (2025)
- Industry (including construction), value added (constant 2015 US$) 3.69 % change on previous year (2025)
- Services, value added 19.09 trillion current US$ (2025)
- Services, value added (current US$), per unit of GDP 0.5694 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 6.12 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Upper middle income?
- Gross capital formation (current us$), annual growth rate in Upper middle income was 2.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Upper middle income?
- The highest recorded value was 34.28 % change on previous year in 1973.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Upper middle income?
- The lowest recorded value was -23.59 % change on previous year in 1961.
- How does Upper middle income rank for gross capital formation (current us$), annual growth rate?
- Upper middle income ranks 36th out of 43 groups with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Upper middle income?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
- Where does this Upper middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 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.