Gross capital formation in Late-demographic dividend
Late-demographic dividend: Gross capital formation was 33.6% in 2024. ▲ Rising
Gross capital formation in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Late-demographic dividend recorded 33.6% for gross capital formation in 2024.
Compared with earlier readings it is down 2.2% on the previous year and down 3.6% over ten years.
Over the whole period, gross capital formation in Late-demographic dividend peaked at 36.3% in 2021 and was at its lowest, 16.9%, in 1962.
Late-demographic dividend ranks 7th 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 in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 31.8% | — |
| 1961 | 20.9% | -34.3% |
| 1962 | 16.9% | -19.2% |
| 1963 | 20.2% | +19.4% |
| 1964 | 21.5% | +6.5% |
| 1965 | 23.5% | +9.4% |
| 1966 | 25.6% | +9.2% |
| 1967 | 21.3% | -17.0% |
| 1968 | 22.3% | +4.6% |
| 1969 | 23.2% | +4.1% |
| 1970 | 27.1% | +16.7% |
| 1971 | 27.4% | +1.3% |
| 1972 | 25.8% | -5.7% |
| 1973 | 26.6% | +2.7% |
| 1974 | 26.7% | +0.4% |
| 1975 | 27.9% | +4.5% |
| 1976 | 25.6% | -8.2% |
| 1977 | 25.6% | +0.3% |
| 1978 | 26.5% | +3.5% |
| 1979 | 25.9% | -2.4% |
| 1980 | 25.1% | -3.2% |
| 1981 | 25.1% | +0.1% |
| 1982 | 24.4% | -2.9% |
| 1983 | 23.8% | -2.5% |
| 1984 | 24.9% | +4.9% |
| 1985 | 27.3% | +9.7% |
| 1986 | 26.0% | -5.0% |
| 1987 | 25.6% | -1.3% |
| 1988 | 27.7% | +8.1% |
| 1989 | 30.6% | +10.4% |
| 1990 | 27.7% | -9.3% |
| 1991 | 29.8% | +7.3% |
| 1992 | 29.7% | -0.3% |
| 1993 | 29.1% | -1.8% |
| 1994 | 28.7% | -1.3% |
| 1995 | 27.4% | -4.5% |
| 1996 | 27.1% | -1.1% |
| 1997 | 26.3% | -3.2% |
| 1998 | 25.0% | -4.7% |
| 1999 | 24.8% | -0.8% |
| 2000 | 25.3% | +2.1% |
| 2001 | 26.7% | +5.5% |
| 2002 | 26.9% | +0.5% |
| 2003 | 28.4% | +5.6% |
| 2004 | 29.5% | +4.0% |
| 2005 | 28.8% | -2.7% |
| 2006 | 29.0% | +1.0% |
| 2007 | 30.7% | +5.6% |
| 2008 | 32.0% | +4.2% |
| 2009 | 32.3% | +1.0% |
| 2010 | 33.6% | +4.0% |
| 2011 | 34.0% | +1.3% |
| 2012 | 34.4% | +1.2% |
| 2013 | 34.7% | +0.8% |
| 2014 | 34.8% | +0.3% |
| 2015 | 34.7% | -0.3% |
| 2016 | 34.5% | -0.7% |
| 2017 | 34.5% | -0.1% |
| 2018 | 35.3% | +2.5% |
| 2019 | 35.5% | +0.5% |
| 2020 | 35.9% | +1.1% |
| 2021 | 36.3% | +1.1% |
| 2022 | 35.4% | -2.3% |
| 2023 | 34.3% | -3.1% |
| 2024 | 33.6% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.7% | 16.9% | 31.8% | 10 |
| 1970s | 26.5% | 25.6% | 27.9% | 10 |
| 1980s | 26.0% | 23.8% | 30.6% | 10 |
| 1990s | 27.6% | 24.8% | 29.8% | 10 |
| 2000s | 29.0% | 25.3% | 32.3% | 10 |
| 2010s | 34.6% | 33.6% | 35.5% | 10 |
| 2020s | 35.1% | 33.6% | 36.3% | 5 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Foreign direct investment, net outflows (BoP, current US$), gaps 244.79 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3356 current US$ per US$ of GDP (2024)
- GDP 28.99 trillion constant 2015 US$ (2025)
- GDP 31.87 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (current US$), per capita 4,321 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 4,235 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 1.15 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3289 current US$ per US$ of GDP (2024)
- GDP growth 4.5% (2025)
Frequently asked questions
- What is gross capital formation in Late-demographic dividend?
- Gross capital formation in Late-demographic dividend was 33.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Late-demographic dividend?
- The highest recorded value was 36.3% in 2021.
- What is the lowest gross capital formation recorded in Late-demographic dividend?
- The lowest recorded value was 16.9% in 1962.
- How does Late-demographic dividend rank for gross capital formation?
- Late-demographic dividend ranks 7th out of 43 groups with data for 2024.
- Is gross capital formation rising or falling in Late-demographic dividend?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.