Gross capital formation (current US$), per unit of GDP in Upper middle income

Upper middle income: Gross capital formation (current US$), per unit of GDP was 0.3372 current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.3372 current US$ per US$ of GDP
Change on year
down 1.4%
Rank
6th
of 43 groups
All-time high
0.3624 current US$ per US$ of GDP
in 2021
All-time low
0.1773 current US$ per US$ of GDP
in 1962
Years of data
65
1960–2024

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

00.10.20.30.4196019922024

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

Analysis

The most recent figure for gross capital formation (current us$), per unit of gdp in Upper middle income is 0.3372 current US$ per US$ of GDP, measured in 2024.

That represents a change of down 1.4% on the previous year and down 4.0% over ten years.

Over the whole period, gross capital formation (current us$), per unit of gdp in Upper middle income peaked at 0.3624 current US$ per US$ of GDP in 2021 and was at its lowest, 0.1773 current US$ per US$ of GDP, in 1962.

Upper middle income ranks 6th of 43 groups on this measure, in the top quarter.

The long-run direction has been consistently rising across the 65 years of available data.

Gross capital formation (current US$), per unit of GDP in Upper middle income, year by year

Annual values for Gross capital formation (current US$), per unit of GDP in Upper middle income, 1960 to 2024.
Year current US$ per US$ of GDP Change
1960 0.2691 current US$ per US$ of GDP
1961 0.2074 current US$ per US$ of GDP -22.9%
1962 0.1773 current US$ per US$ of GDP -14.5%
1963 0.1933 current US$ per US$ of GDP +9.0%
1964 0.2074 current US$ per US$ of GDP +7.3%
1965 0.2228 current US$ per US$ of GDP +7.5%
1966 0.2314 current US$ per US$ of GDP +3.9%
1967 0.2076 current US$ per US$ of GDP -10.3%
1968 0.211 current US$ per US$ of GDP +1.6%
1969 0.2209 current US$ per US$ of GDP +4.7%
1970 0.252 current US$ per US$ of GDP +14.1%
1971 0.2528 current US$ per US$ of GDP +0.3%
1972 0.2469 current US$ per US$ of GDP -2.3%
1973 0.252 current US$ per US$ of GDP +2.1%
1974 0.2594 current US$ per US$ of GDP +2.9%
1975 0.2841 current US$ per US$ of GDP +9.6%
1976 0.2754 current US$ per US$ of GDP -3.1%
1977 0.2777 current US$ per US$ of GDP +0.8%
1978 0.2682 current US$ per US$ of GDP -3.4%
1979 0.2548 current US$ per US$ of GDP -5.0%
1980 0.2751 current US$ per US$ of GDP +8.0%
1981 0.2781 current US$ per US$ of GDP +1.1%
1982 0.2545 current US$ per US$ of GDP -8.5%
1983 0.2521 current US$ per US$ of GDP -0.9%
1984 0.2447 current US$ per US$ of GDP -2.9%
1985 0.249 current US$ per US$ of GDP +1.8%
1986 0.2389 current US$ per US$ of GDP -4.1%
1987 0.2375 current US$ per US$ of GDP -0.6%
1988 0.2538 current US$ per US$ of GDP +6.9%
1989 0.2591 current US$ per US$ of GDP +2.1%
1990 0.2705 current US$ per US$ of GDP +4.4%
1991 0.2604 current US$ per US$ of GDP -3.7%
1992 0.2666 current US$ per US$ of GDP +2.4%
1993 0.2722 current US$ per US$ of GDP +2.1%
1994 0.274 current US$ per US$ of GDP +0.7%
1995 0.2641 current US$ per US$ of GDP -3.6%
1996 0.2664 current US$ per US$ of GDP +0.9%
1997 0.256 current US$ per US$ of GDP -3.9%
1998 0.2479 current US$ per US$ of GDP -3.2%
1999 0.24 current US$ per US$ of GDP -3.2%
2000 0.2453 current US$ per US$ of GDP +2.2%
2001 0.2513 current US$ per US$ of GDP +2.5%
2002 0.2587 current US$ per US$ of GDP +2.9%
2003 0.2753 current US$ per US$ of GDP +6.4%
2004 0.2909 current US$ per US$ of GDP +5.6%
2005 0.2849 current US$ per US$ of GDP -2.0%
2006 0.2893 current US$ per US$ of GDP +1.5%
2007 0.299 current US$ per US$ of GDP +3.4%
2008 0.3171 current US$ per US$ of GDP +6.1%
2009 0.3244 current US$ per US$ of GDP +2.3%
2010 0.3374 current US$ per US$ of GDP +4.0%
2011 0.3427 current US$ per US$ of GDP +1.6%
2012 0.3451 current US$ per US$ of GDP +0.7%
2013 0.351 current US$ per US$ of GDP +1.7%
2014 0.3512 current US$ per US$ of GDP +0.1%
2015 0.3443 current US$ per US$ of GDP -2.0%
2016 0.3406 current US$ per US$ of GDP -1.1%
2017 0.3428 current US$ per US$ of GDP +0.6%
2018 0.3532 current US$ per US$ of GDP +3.1%
2019 0.3483 current US$ per US$ of GDP -1.4%
2020 0.354 current US$ per US$ of GDP +1.6%
2021 0.3624 current US$ per US$ of GDP +2.4%
2022 0.3563 current US$ per US$ of GDP -1.7%
2023 0.3421 current US$ per US$ of GDP -4.0%
2024 0.3372 current US$ per US$ of GDP -1.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.2148 current US$ per US$ of GDP 0.1773 current US$ per US$ of GDP 0.2691 current US$ per US$ of GDP 10
1970s 0.2623 current US$ per US$ of GDP 0.2469 current US$ per US$ of GDP 0.2841 current US$ per US$ of GDP 10
1980s 0.2543 current US$ per US$ of GDP 0.2375 current US$ per US$ of GDP 0.2781 current US$ per US$ of GDP 10
1990s 0.2618 current US$ per US$ of GDP 0.24 current US$ per US$ of GDP 0.274 current US$ per US$ of GDP 10
2000s 0.2836 current US$ per US$ of GDP 0.2453 current US$ per US$ of GDP 0.3244 current US$ per US$ of GDP 10
2010s 0.3457 current US$ per US$ of GDP 0.3374 current US$ per US$ of GDP 0.3532 current US$ per US$ of GDP 10
2020s 0.3504 current US$ per US$ of GDP 0.3372 current US$ per US$ of GDP 0.3624 current US$ per US$ of GDP 5

Countries ranked near Upper middle income

  1. 3 Mauritania 0.4433 current US$ per US$ of GDP compare
  2. 4 Bhutan 0.426 current US$ per US$ of GDP compare
  3. 5 Iran, Islamic Republic of 0.4177 current US$ per US$ of GDP compare
  4. 6 Curaçao 0.4107 current US$ per US$ of GDP compare
  5. 7 Tanzania, United Republic of 0.4068 current US$ per US$ of GDP compare
  6. 8 China 0.4048 current US$ per US$ of GDP compare
  7. 9 Gambia 0.4039 current US$ per US$ of GDP 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$), per unit of gdp in Upper middle income?
Gross capital formation (current us$), per unit of gdp in Upper middle income was 0.3372 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per unit of gdp recorded in Upper middle income?
The highest recorded value was 0.3624 current US$ per US$ of GDP in 2021.
What is the lowest gross capital formation (current us$), per unit of gdp recorded in Upper middle income?
The lowest recorded value was 0.1773 current US$ per US$ of GDP in 1962.
How does Upper middle income rank for gross capital formation (current us$), per unit of gdp?
Upper middle income ranks 6th out of 43 groups with data for 2024.
Is gross capital formation (current us$), per unit of gdp rising or falling in Upper middle income?
Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per unit of GDP 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-unit-of-gdp/upper-middle-income/

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How this figure is calculated

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

Gross capital formation (current US$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 10,917 data points, 1960–2025
Last refreshed

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