Gross capital formation (current US$), per capita in Upper middle income

Upper middle income: Gross capital formation (current US$), per capita was 3,522 current US$ per person in 2024. ◆ Volatile

Latest (2024)
3,522 current US$ per person
Change on year
up 1.7%
Rank
16th
of 43 groups
All-time high
3,522 current US$ per person
in 2024
All-time low
24.96 current US$ per person
in 1962
Years of data
65
1960–2024

Gross capital formation (current US$), per capita in Upper middle income, 1960–2024

01.0k2.0k3.0k4.0k196019922024

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

Upper middle income recorded 3,522 current US$ per person for gross capital formation (current us$), per capita in 2024. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 1.7% on the previous year and up 35.5% over ten years.

Over the whole period, gross capital formation (current us$), per capita in Upper middle income peaked at 3,522 current US$ per person in 2024 and was at its lowest, 24.96 current US$ per person, in 1962.

Upper middle income ranks 16th 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$), per capita in Upper middle income, year by year

Annual values for Gross capital formation (current US$), per capita in Upper middle income, 1960 to 2024.
Year current US$ per person Change
1960 39.6 current US$ per person
1961 30.06 current US$ per person -24.1%
1962 24.96 current US$ per person -17.0%
1963 29.11 current US$ per person +16.6%
1964 34.83 current US$ per person +19.7%
1965 40.87 current US$ per person +17.3%
1966 45.6 current US$ per person +11.6%
1967 40.47 current US$ per person -11.2%
1968 42.47 current US$ per person +4.9%
1969 48.6 current US$ per person +14.4%
1970 58.81 current US$ per person +21.0%
1971 62.58 current US$ per person +6.4%
1972 68.37 current US$ per person +9.3%
1973 89.73 current US$ per person +31.2%
1974 116.44 current US$ per person +29.8%
1975 138.26 current US$ per person +18.7%
1976 142.6 current US$ per person +3.1%
1977 158.46 current US$ per person +11.1%
1978 165.58 current US$ per person +4.5%
1979 180.23 current US$ per person +8.9%
1980 224.12 current US$ per person +24.4%
1981 240.78 current US$ per person +7.4%
1982 212.89 current US$ per person -11.6%
1983 202.19 current US$ per person -5.0%
1984 203.29 current US$ per person +0.5%
1985 209.43 current US$ per person +3.0%
1986 204.02 current US$ per person -2.6%
1987 202.75 current US$ per person -0.6%
1988 228.38 current US$ per person +12.6%
1989 250.63 current US$ per person +9.7%
1990 298.63 current US$ per person +19.1%
1991 275.81 current US$ per person -7.6%
1992 298.04 current US$ per person +8.1%
1993 330.56 current US$ per person +10.9%
1994 370.48 current US$ per person +12.1%
1995 408.42 current US$ per person +10.2%
1996 450.04 current US$ per person +10.2%
1997 454.5 current US$ per person +1.0%
1998 420.49 current US$ per person -7.5%
1999 393.61 current US$ per person -6.4%
2000 434.21 current US$ per person +10.3%
2001 440.54 current US$ per person +1.5%
2002 453.64 current US$ per person +3.0%
2003 532.85 current US$ per person +17.5%
2004 657.01 current US$ per person +23.3%
2005 757.89 current US$ per person +15.4%
2006 899.62 current US$ per person +18.7%
2007 1,133 current US$ per person +26.0%
2008 1,442 current US$ per person +27.3%
2009 1,454 current US$ per person +0.8%
2010 1,834 current US$ per person +26.2%
2011 2,205 current US$ per person +20.2%
2012 2,351 current US$ per person +6.6%
2013 2,521 current US$ per person +7.2%
2014 2,598 current US$ per person +3.1%
2015 2,439 current US$ per person -6.2%
2016 2,407 current US$ per person -1.3%
2017 2,631 current US$ per person +9.3%
2018 2,879 current US$ per person +9.4%
2019 2,872 current US$ per person -0.2%
2020 2,814 current US$ per person -2.0%
2021 3,410 current US$ per person +21.2%
2022 3,490 current US$ per person +2.3%
2023 3,462 current US$ per person -0.8%
2024 3,522 current US$ per person +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 37.66 current US$ per person 24.96 current US$ per person 48.6 current US$ per person 10
1970s 118.11 current US$ per person 58.81 current US$ per person 180.23 current US$ per person 10
1980s 217.85 current US$ per person 202.19 current US$ per person 250.63 current US$ per person 10
1990s 370.06 current US$ per person 275.81 current US$ per person 454.5 current US$ per person 10
2000s 820.5 current US$ per person 434.21 current US$ per person 1,454 current US$ per person 10
2010s 2,474 current US$ per person 1,834 current US$ per person 2,879 current US$ per person 10
2020s 3,339 current US$ per person 2,814 current US$ per person 3,522 current US$ per person 5

Countries ranked near Upper middle income

  1. 13 Australia 15,931 current US$ per person compare
  2. 14 Bermuda 15,703 current US$ per person compare
  3. 15 Belgium 15,641 current US$ per person compare
  4. 16 Austria 14,889 current US$ per person compare
  5. 17 Israel 14,690 current US$ per person compare
  6. 18 Netherlands 14,604 current US$ per person compare
  7. 19 United Arab Emirates 13,280 current US$ per person compare

See the full ranking of 230 places →

More economy & growth data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is gross capital formation (current us$), per capita in Upper middle income?
Gross capital formation (current us$), per capita in Upper middle income was 3,522 current US$ per person in 2024, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per capita recorded in Upper middle income?
The highest recorded value was 3,522 current US$ per person in 2024.
What is the lowest gross capital formation (current us$), per capita recorded in Upper middle income?
The lowest recorded value was 24.96 current US$ per person in 1962.
How does Upper middle income rank for gross capital formation (current us$), per capita?
Upper middle income ranks 16th out of 43 groups with data for 2024.
Is gross capital formation (current us$), per capita rising or falling in Upper middle income?
Over the last ten years it is up 35.5%. 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$), per capita. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per capita in Upper middle income. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-per-capita/upper-middle-income/

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How this figure is calculated

Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (current US$) ÷ Population, total

Computed from

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

Indicator
Gross capital formation (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 10,947 data points, 1960–2025
Last refreshed

Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.