Gross capital formation (current US$), annual growth rate (current US) in Upper middle income
Upper middle income: Gross capital formation (current US$), annual growth rate (current US) was 2.09 % change on previous year in 2024. ◆ Volatile
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 (current US) 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% |
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) in Upper middle income 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 | +2378.5% | -0.4486 % change on previous year | 10.22 % change on previous year |
| 2021 | +1597.6% | -1.45 % change on previous year | 21.72 % change on previous year |
| 2010 | +1501.0% | 1.7 % change on previous year | 27.23 % change on previous year |
| 1988 | +1120.1% | 1.2 % change on previous year | 14.68 % change on previous year |
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 Moldova 21.12 % change on previous year compare
- 34 Turkey 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
- Foreign direct investment, net outflows (BoP, current US$), gaps 228.01 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.62 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3372 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 3,522 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3068 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,341 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 4.7 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2376 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,587 current US$ per person (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.