Gross capital formation in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross capital formation was 18.7% in 2025. ▼ Falling
Gross capital formation in Latin America & Caribbean (excluding high income), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross capital formation in Latin America & Caribbean (excluding high income) stood at 18.7%.
That represents a change of down 1.2% on the previous year and down 5.8% over ten years.
Over the whole period, gross capital formation in Latin America & Caribbean (excluding high income) peaked at 27.3% in 1978 and was at its lowest, 17.4%, in 2020.
Latin America & Caribbean (excluding high income) ranks 42nd of 43 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Gross capital formation in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 22.4% | — |
| 1961 | 23.8% | +6.3% |
| 1962 | 22.1% | -7.4% |
| 1963 | 20.8% | -5.9% |
| 1964 | 22.3% | +7.4% |
| 1965 | 22.7% | +2.0% |
| 1966 | 22.2% | -2.3% |
| 1967 | 21.6% | -2.8% |
| 1968 | 22.0% | +1.8% |
| 1969 | 23.8% | +8.2% |
| 1970 | 23.8% | +0.1% |
| 1971 | 23.5% | -1.4% |
| 1972 | 23.2% | -1.0% |
| 1973 | 23.4% | +0.7% |
| 1974 | 25.1% | +7.3% |
| 1975 | 27.3% | +8.5% |
| 1976 | 26.2% | -3.8% |
| 1977 | 26.8% | +2.4% |
| 1978 | 27.3% | +1.6% |
| 1979 | 26.3% | -3.5% |
| 1980 | 25.9% | -1.6% |
| 1981 | 25.9% | +0.2% |
| 1982 | 23.9% | -7.9% |
| 1983 | 19.8% | -17.0% |
| 1984 | 19.6% | -1.1% |
| 1985 | 20.5% | +4.7% |
| 1986 | 20.1% | -2.3% |
| 1987 | 22.2% | +10.6% |
| 1988 | 24.0% | +8.1% |
| 1989 | 24.6% | +2.5% |
| 1990 | 20.5% | -16.5% |
| 1991 | 20.0% | -2.5% |
| 1992 | 20.2% | +0.7% |
| 1993 | 21.8% | +8.2% |
| 1994 | 23.2% | +6.2% |
| 1995 | 19.1% | -17.6% |
| 1996 | 19.3% | +1.2% |
| 1997 | 20.1% | +4.1% |
| 1998 | 20.9% | +3.6% |
| 1999 | 19.6% | -6.0% |
| 2000 | 20.1% | +2.6% |
| 2001 | 19.0% | -5.5% |
| 2002 | 18.9% | -0.3% |
| 2003 | 19.0% | +0.3% |
| 2004 | 19.9% | +4.8% |
| 2005 | 19.6% | -1.3% |
| 2006 | 20.3% | +3.4% |
| 2007 | 21.4% | +5.2% |
| 2008 | 22.4% | +4.7% |
| 2009 | 19.6% | -12.3% |
| 2010 | 21.5% | +9.7% |
| 2011 | 22.4% | +4.2% |
| 2012 | 21.7% | -3.1% |
| 2013 | 21.9% | +1.0% |
| 2014 | 20.9% | -4.8% |
| 2015 | 19.8% | -5.0% |
| 2016 | 18.6% | -6.4% |
| 2017 | 18.1% | -2.3% |
| 2018 | 18.4% | +1.3% |
| 2019 | 18.1% | -1.6% |
| 2020 | 17.4% | -3.8% |
| 2021 | 20.0% | +14.9% |
| 2022 | 19.7% | -1.6% |
| 2023 | 18.7% | -4.7% |
| 2024 | 18.9% | +1.0% |
| 2025 | 18.7% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.4% | 20.8% | 23.8% | 10 |
| 1970s | 25.3% | 23.2% | 27.3% | 10 |
| 1980s | 22.6% | 19.6% | 25.9% | 10 |
| 1990s | 20.5% | 19.1% | 23.2% | 10 |
| 2000s | 20.0% | 18.9% | 22.4% | 10 |
| 2010s | 20.2% | 18.1% | 22.4% | 10 |
| 2020s | 18.9% | 17.4% | 20.0% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross capital formation in Latin America & Caribbean (excluding high income)?
- Gross capital formation in Latin America & Caribbean (excluding high income) was 18.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 27.3% in 1978.
- What is the lowest gross capital formation recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 17.4% in 2020.
- How does Latin America & Caribbean (excluding high income) rank for gross capital formation?
- Latin America & Caribbean (excluding high income) ranks 42nd out of 43 groups with data for 2025.
- Is gross capital formation rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) 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.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.