Gross capital formation in World
World: Gross capital formation was 26.3% in 2024. ▬ Flat
Gross capital formation in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross capital formation in World stood at 26.3%.
That represents a change of down 1.4% on the previous year and up 1.6% over ten years.
Over the whole period, gross capital formation in World peaked at 27.9% in 1974 and was at its lowest, 23.3%, in 2002.
World ranks 18th of 41 groups on this measure, in the middle of the range.
Gross capital formation in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 26.6% | — |
| 1971 | 26.3% | -0.9% |
| 1972 | 26.6% | +0.8% |
| 1973 | 27.7% | +4.4% |
| 1974 | 27.9% | +0.5% |
| 1975 | 25.5% | -8.5% |
| 1976 | 26.3% | +3.1% |
| 1977 | 26.6% | +1.0% |
| 1978 | 26.9% | +1.3% |
| 1979 | 27.2% | +1.0% |
| 1980 | 26.6% | -2.1% |
| 1981 | 25.9% | -2.5% |
| 1982 | 24.6% | -5.3% |
| 1983 | 24.1% | -1.8% |
| 1984 | 25.2% | +4.7% |
| 1985 | 25.0% | -1.0% |
| 1986 | 25.1% | +0.2% |
| 1987 | 25.3% | +0.9% |
| 1988 | 26.4% | +4.4% |
| 1989 | 26.9% | +2.1% |
| 1990 | 26.6% | -1.4% |
| 1991 | 25.9% | -2.6% |
| 1992 | 25.3% | -2.4% |
| 1993 | 24.7% | -2.2% |
| 1994 | 25.0% | +1.3% |
| 1995 | 25.0% | +0.1% |
| 1996 | 24.8% | -0.8% |
| 1997 | 24.6% | -0.9% |
| 1998 | 24.2% | -1.7% |
| 1999 | 24.3% | +0.5% |
| 2000 | 24.7% | +1.5% |
| 2001 | 23.9% | -3.3% |
| 2002 | 23.3% | -2.7% |
| 2003 | 23.4% | +0.7% |
| 2004 | 24.1% | +2.9% |
| 2005 | 24.5% | +1.5% |
| 2006 | 25.0% | +2.2% |
| 2007 | 25.5% | +1.8% |
| 2008 | 25.5% | -0.0% |
| 2009 | 23.4% | -8.0% |
| 2010 | 24.6% | +5.1% |
| 2011 | 25.3% | +2.9% |
| 2012 | 25.5% | +0.5% |
| 2013 | 25.6% | +0.4% |
| 2014 | 25.9% | +1.1% |
| 2015 | 25.9% | +0.2% |
| 2016 | 25.7% | -1.0% |
| 2017 | 26.1% | +1.8% |
| 2018 | 26.7% | +2.1% |
| 2019 | 26.6% | -0.4% |
| 2020 | 26.5% | -0.4% |
| 2021 | 27.2% | +2.9% |
| 2022 | 27.5% | +0.9% |
| 2023 | 26.7% | -3.0% |
| 2024 | 26.3% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.8% | 25.5% | 27.9% | 10 |
| 1980s | 25.5% | 24.1% | 26.9% | 10 |
| 1990s | 25.1% | 24.2% | 26.6% | 10 |
| 2000s | 24.3% | 23.3% | 25.5% | 10 |
| 2010s | 25.8% | 24.6% | 26.7% | 10 |
| 2020s | 26.8% | 26.3% | 27.5% | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Industry (including construction), value added (current US$), annual 4.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2498 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 3,599 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.42 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2248 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,238 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in World?
- Gross capital formation in World was 26.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in World?
- The highest recorded value was 27.9% in 1974.
- What is the lowest gross capital formation recorded in World?
- The lowest recorded value was 23.3% in 2002.
- How does World rank for gross capital formation?
- World ranks 18th out of 41 groups with data for 2024.
- Is gross capital formation rising or falling in World?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is flat.
- Where does this World 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 — 55 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.