Gross capital formation in United States of America
United States of America: Gross capital formation was 21.5% in 2024. ▼ Falling
Gross capital formation in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross capital formation in United States of America stood at 21.5%.
The figure is down 0.2% on the previous year and up 3.0% over ten years.
Over the whole period, gross capital formation in United States of America peaked at 25.1% in 1979 and was at its lowest, 17.8%, in 2009.
United States of America ranks 116th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross capital formation in United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 21.4% | — |
| 1971 | 21.9% | +2.4% |
| 1972 | 22.6% | +3.0% |
| 1973 | 23.3% | +3.3% |
| 1974 | 22.7% | -2.7% |
| 1975 | 20.3% | -10.7% |
| 1976 | 22.0% | +8.7% |
| 1977 | 23.5% | +6.8% |
| 1978 | 24.8% | +5.5% |
| 1979 | 25.1% | +1.1% |
| 1980 | 23.3% | -7.2% |
| 1981 | 24.3% | +4.1% |
| 1982 | 22.1% | -9.1% |
| 1983 | 22.3% | +0.8% |
| 1984 | 25.1% | +12.8% |
| 1985 | 24.2% | -3.6% |
| 1986 | 23.7% | -1.9% |
| 1987 | 23.6% | -0.5% |
| 1988 | 22.8% | -3.4% |
| 1989 | 22.5% | -1.4% |
| 1990 | 21.5% | -4.4% |
| 1991 | 20.1% | -6.6% |
| 1992 | 20.1% | -0.2% |
| 1993 | 20.4% | +1.6% |
| 1994 | 21.3% | +4.3% |
| 1995 | 21.3% | -0.0% |
| 1996 | 21.7% | +2.0% |
| 1997 | 22.4% | +3.3% |
| 1998 | 23.0% | +2.4% |
| 1999 | 23.4% | +2.0% |
| 2000 | 23.7% | +1.1% |
| 2001 | 22.2% | -6.3% |
| 2002 | 21.7% | -2.0% |
| 2003 | 21.7% | +0.1% |
| 2004 | 22.7% | +4.2% |
| 2005 | 23.4% | +3.2% |
| 2006 | 23.5% | +0.7% |
| 2007 | 22.6% | -4.2% |
| 2008 | 21.0% | -6.7% |
| 2009 | 17.8% | -15.5% |
| 2010 | 18.7% | +5.1% |
| 2011 | 19.0% | +1.9% |
| 2012 | 20.0% | +4.8% |
| 2013 | 20.4% | +2.1% |
| 2014 | 20.9% | +2.6% |
| 2015 | 21.4% | +2.5% |
| 2016 | 20.9% | -2.5% |
| 2017 | 21.2% | +1.3% |
| 2018 | 21.6% | +2.0% |
| 2019 | 21.7% | +0.5% |
| 2020 | 21.4% | -1.1% |
| 2021 | 21.4% | -0.1% |
| 2022 | 22.0% | +2.9% |
| 2023 | 21.6% | -2.1% |
| 2024 | 21.5% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.8% | 20.3% | 25.1% | 10 |
| 1980s | 23.4% | 22.1% | 25.1% | 10 |
| 1990s | 21.5% | 20.1% | 23.4% | 10 |
| 2000s | 22.0% | 17.8% | 23.7% | 10 |
| 2010s | 20.6% | 18.7% | 21.7% | 10 |
| 2020s | 21.6% | 21.4% | 22.0% | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in United States of America?
- Gross capital formation in United States of America was 21.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in United States of America?
- The highest recorded value was 25.1% in 1979.
- What is the lowest gross capital formation recorded in United States of America?
- The lowest recorded value was 17.8% in 2009.
- How does United States of America rank for gross capital formation?
- United States of America ranks 116th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in United States of America?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
- Where does this United States of America 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.