Gross capital formation in IDA & IBRD total
IDA & IBRD total: Gross capital formation was 32.3% in 2024. ▲ Rising
Gross capital formation in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross capital formation in IDA & IBRD total stood at 32.3%.
That represents a change of down 1.2% on the previous year and down 1.1% over ten years.
Over the whole period, gross capital formation in IDA & IBRD total peaked at 33.9% in 2021 and was at its lowest, 17.5%, in 1962.
That places IDA & IBRD total 11th out of 43 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Gross capital formation in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 23.6% | — |
| 1961 | 19.7% | -16.6% |
| 1962 | 17.5% | -11.2% |
| 1963 | 18.5% | +5.9% |
| 1964 | 20.1% | +8.4% |
| 1965 | 21.2% | +5.4% |
| 1966 | 21.4% | +1.3% |
| 1967 | 19.9% | -7.2% |
| 1968 | 20.2% | +1.4% |
| 1969 | 20.7% | +2.7% |
| 1970 | 23.1% | +11.5% |
| 1971 | 23.5% | +1.6% |
| 1972 | 23.0% | -2.0% |
| 1973 | 23.5% | +2.3% |
| 1974 | 24.7% | +5.1% |
| 1975 | 26.5% | +7.3% |
| 1976 | 26.1% | -1.8% |
| 1977 | 26.9% | +3.3% |
| 1978 | 26.4% | -1.9% |
| 1979 | 25.1% | -5.0% |
| 1980 | 26.1% | +3.9% |
| 1981 | 25.9% | -0.7% |
| 1982 | 24.3% | -6.3% |
| 1983 | 23.4% | -3.8% |
| 1984 | 23.6% | +1.0% |
| 1985 | 24.2% | +2.6% |
| 1986 | 24.0% | -0.7% |
| 1987 | 24.1% | +0.2% |
| 1988 | 25.5% | +5.9% |
| 1989 | 26.7% | +4.8% |
| 1990 | 26.8% | +0.4% |
| 1991 | 26.5% | -1.2% |
| 1992 | 27.0% | +2.0% |
| 1993 | 26.1% | -3.3% |
| 1994 | 26.4% | +1.1% |
| 1995 | 25.5% | -3.4% |
| 1996 | 25.1% | -1.9% |
| 1997 | 24.4% | -2.6% |
| 1998 | 23.5% | -3.9% |
| 1999 | 23.9% | +1.8% |
| 2000 | 23.8% | -0.2% |
| 2001 | 24.6% | +3.3% |
| 2002 | 25.0% | +1.4% |
| 2003 | 26.4% | +5.8% |
| 2004 | 27.9% | +5.4% |
| 2005 | 27.5% | -1.4% |
| 2006 | 28.0% | +1.8% |
| 2007 | 29.5% | +5.3% |
| 2008 | 30.5% | +3.6% |
| 2009 | 30.5% | +0.1% |
| 2010 | 31.8% | +4.2% |
| 2011 | 32.5% | +2.2% |
| 2012 | 32.6% | +0.3% |
| 2013 | 32.7% | +0.3% |
| 2014 | 32.6% | -0.1% |
| 2015 | 32.3% | -1.2% |
| 2016 | 31.9% | -1.0% |
| 2017 | 32.3% | +1.1% |
| 2018 | 33.2% | +2.8% |
| 2019 | 32.4% | -2.3% |
| 2020 | 32.7% | +0.8% |
| 2021 | 33.9% | +3.6% |
| 2022 | 33.5% | -1.0% |
| 2023 | 32.7% | -2.5% |
| 2024 | 32.3% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.3% | 17.5% | 23.6% | 10 |
| 1970s | 24.9% | 23.0% | 26.9% | 10 |
| 1980s | 24.8% | 23.4% | 26.7% | 10 |
| 1990s | 25.5% | 23.5% | 27.0% | 10 |
| 2000s | 27.4% | 23.8% | 30.5% | 10 |
| 2010s | 32.4% | 31.8% | 33.2% | 10 |
| 2020s | 33.0% | 32.3% | 33.9% | 5 |
Countries ranked near IDA & IBRD total
More economy & growth data for IDA & IBRD total
- GDP (current US$), per capita 6,613 current US$ per person (2025)
- Services, value added (current US$), per capita 3,824 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.74 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5252 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,473 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 5.93 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9101 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 1.23 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 6,019 constant 2015 US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.5782 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in IDA & IBRD total?
- Gross capital formation in IDA & IBRD total was 32.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in IDA & IBRD total?
- The highest recorded value was 33.9% in 2021.
- What is the lowest gross capital formation recorded in IDA & IBRD total?
- The lowest recorded value was 17.5% in 1962.
- How does IDA & IBRD total rank for gross capital formation?
- IDA & IBRD total ranks 11th out of 43 groups with data for 2024.
- Is gross capital formation rising or falling in IDA & IBRD total?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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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About this data
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.