Gross capital formation in IBRD only

IBRD only: Gross capital formation was 32.4% in 2024. ▲ Rising

Latest (2024)
32.4%
Change on year
down 1.6%
Rank
10th
of 41 groups
All-time high
34.3%
in 2021
All-time low
18.3%
in 1962
Years of data
65
1960–2024

Gross capital formation in IBRD only, 1960–2024

0102030196019922024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

IBRD only recorded 32.4% for gross capital formation in 2024.

The figure is down 1.6% on the previous year and down 2.3% over ten years.

Over the whole period, gross capital formation in IBRD only peaked at 34.3% in 2021 and was at its lowest, 18.3%, in 1962.

IBRD only ranks 10th of 41 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 in IBRD only, year by year

Annual values for Gross capital formation (% of GDP) in IBRD only, 1960 to 2024.
Year % of GDP Change
1960 25.2%
1961 20.8% -17.4%
1962 18.3% -11.7%
1963 19.7% +7.2%
1964 20.9% +6.5%
1965 22.2% +5.9%
1966 22.7% +2.2%
1967 20.8% -8.4%
1968 21.1% +1.5%
1969 21.8% +3.4%
1970 24.4% +12.3%
1971 24.7% +0.9%
1972 24.2% -1.8%
1973 24.6% +1.3%
1974 26.0% +5.7%
1975 28.1% +8.4%
1976 27.5% -2.2%
1977 28.2% +2.5%
1978 27.6% -2.0%
1979 26.2% -5.2%
1980 27.1% +3.4%
1981 28.1% +3.6%
1982 26.1% -7.2%
1983 24.7% -5.5%
1984 24.6% -0.2%
1985 25.3% +2.7%
1986 24.6% -2.7%
1987 24.6% -0.2%
1988 26.1% +6.1%
1989 27.3% +4.8%
1990 27.4% +0.4%
1991 27.3% -0.7%
1992 27.5% +0.8%
1993 26.6% -3.2%
1994 26.9% +0.9%
1995 26.1% -2.6%
1996 25.7% -1.5%
1997 25.1% -2.5%
1998 24.1% -3.7%
1999 24.0% -0.7%
2000 24.0% -0.2%
2001 24.8% +3.6%
2002 25.3% +2.0%
2003 26.8% +5.9%
2004 28.3% +5.5%
2005 27.9% -1.5%
2006 28.4% +2.0%
2007 29.9% +5.2%
2008 31.0% +3.6%
2009 31.0% +0.1%
2010 32.3% +4.2%
2011 33.0% +2.0%
2012 33.0% +0.1%
2013 33.1% +0.3%
2014 33.1% +0.0%
2015 32.7% -1.2%
2016 32.3% -1.4%
2017 32.5% +0.8%
2018 33.5% +2.8%
2019 32.9% -1.6%
2020 33.2% +1.0%
2021 34.3% +3.2%
2022 33.9% -1.0%
2023 32.9% -2.9%
2024 32.4% -1.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 21.3% 18.3% 25.2% 10
1970s 26.2% 24.2% 28.2% 10
1980s 25.8% 24.6% 28.1% 10
1990s 26.1% 24.0% 27.5% 10
2000s 27.7% 24.0% 31.0% 10
2010s 32.8% 32.3% 33.5% 10
2020s 33.3% 32.4% 34.3% 5

Countries ranked near IBRD only

  1. 7 Tanzania, United Republic of 40.7% compare
  2. 8 China 40.5% compare
  3. 9 Gambia 40.4% compare
  4. 10 Guinea 37.0% compare
  5. 11 Suriname 36.2% compare
  6. 12 Greenland 36.0% compare
  7. 13 Benin 35.8% compare

See the full ranking of 229 places →

More economy & growth data for IBRD only

All data for IBRD only →

Frequently asked questions

What is gross capital formation in IBRD only?
Gross capital formation in IBRD only was 32.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in IBRD only?
The highest recorded value was 34.3% in 2021.
What is the lowest gross capital formation recorded in IBRD only?
The lowest recorded value was 18.3% in 1962.
How does IBRD only rank for gross capital formation?
IBRD only ranks 10th out of 41 groups with data for 2024.
Is gross capital formation rising or falling in IBRD only?
Over the last ten years it is down 2.3%. The long-run trend across the full record is rising.
Where does this IBRD only data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.

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Gross capital formation in IBRD only. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-percent-of-gdp/ibrd-only/

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About this data

Indicator
Gross capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,920 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.