Gross capital formation (current US$), per unit of GDP (unit GDP US) in Upper middle income
Upper middle income: Gross capital formation (current US$), per unit of GDP (unit GDP US) was 0.3372 current US$ per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current US$), per unit of GDP in Upper middle income, 1960–2024
Source: Statizoid (derived). Measured in current US$ 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$), per unit of GDP (unit GDP US) in Upper middle income, year by year
| Year | current US$ 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
| Decade | Average | Lowest | Highest | 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
- 3 Mauritania 0.4433 current US$ per US$ of GDP compare
- 4 Bhutan 0.426 current US$ per US$ of GDP compare
- 5 Iran 0.4177 current US$ per US$ of GDP compare
- 6 Curacao 0.4107 current US$ per US$ of GDP compare
- 7 Tanzania 0.4068 current US$ per US$ of GDP compare
- 8 China 0.4048 current US$ per US$ of GDP compare
- 9 Gambia 0.4039 current US$ per US$ of GDP 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$) 3.62 % change on previous year (2025)
- Gross capital formation (current US$), annual growth rate 2.09 % change on previous year (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$), per unit of gdp in Upper middle income?
- Gross capital formation (current us$), 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) 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$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.