Gross Fixed Capital Formation — Annual growth US$ in Canada

Canada: Gross Fixed Capital Formation — Annual growth US$ was 2.26 % in 2024. ◆ Volatile

Latest (2024)
2.26 %
Change on year
up 180.3%
World rank
141st
of 203 countries
All-time high
26.44 %
in 2021
All-time low
-15.75 %
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Annual growth US$ in Canada, 1971–2024

-20-100102030197119972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, gross fixed capital formation — annual growth us$ in Canada stood at 2.26 %.

Compared with earlier readings it is up 180.3% on the previous year and up 261.9% over ten years.

Over the whole period, gross fixed capital formation — annual growth us$ in Canada peaked at 26.44 % in 2021 and was at its lowest, -15.75 %, in 2009.

That places Canada 141st out of 203 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Annual growth US$ in Canada, year by year

Annual values for Gross Fixed Capital Formation — Annual growth US$ in Canada, 1971 to 2024.
Year % Change
1971 17.35 %
1972 12.33 % -28.9%
1973 18.7 % +51.6%
1974 25.99 % +38.9%
1975 11.65 % -55.2%
1976 17.03 % +46.1%
1977 0.2591 % -98.5%
1978 1.77 % +583.0%
1979 12.85 % +626.1%
1980 15.12 % +17.7%
1981 16.69 % +10.4%
1982 -7.63 % -145.7%
1983 1.21 % -115.9%
1984 0.0612 % -95.0%
1985 5.43 % +8776.0%
1986 5.15 % -5.2%
1987 18.75 % +263.9%
1988 21.74 % +15.9%
1989 12.99 % -40.2%
1990 -0.6633 % -105.1%
1991 -4.07 % +513.0%
1992 -7.17 % +76.3%
1993 -6.24 % -13.0%
1994 4.11 % -165.8%
1995 -1.15 % -128.1%
1996 6.68 % -679.3%
1997 12.12 % +81.5%
1998 -1.99 % -116.4%
1999 5.11 % -356.7%
2000 6.55 % +28.2%
2001 2.04 % -68.9%
2002 1.96 % -3.6%
2003 18.04 % +818.7%
2004 19.55 % +8.4%
2005 19.6 % +0.2%
2006 17.82 % -9.1%
2007 13.54 % -24.0%
2008 6.31 % -53.4%
2009 -15.75 % -349.7%
2010 23.58 % -249.7%
2011 11.11 % -52.9%
2012 6.22 % -44.0%
2013 -0.2686 % -104.3%
2014 -1.39 % +419.3%
2015 -15.71 % +1026.0%
2016 -6.27 % -60.1%
2017 7.58 % -220.8%
2018 4.52 % -40.4%
2019 0.6397 % -85.8%
2020 -2.51 % -492.1%
2021 26.44 % -1154.3%
2022 3.72 % -85.9%
2023 -2.81 % -175.6%
2024 2.26 % -180.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.1 % 0.2591 % 25.99 % 9
1980s 8.95 % -7.63 % 21.74 % 10
1990s 0.6727 % -7.17 % 12.12 % 10
2000s 8.97 % -15.75 % 19.6 % 10
2010s 3 % -15.71 % 23.58 % 10
2020s 5.42 % -2.81 % 26.44 % 5

Countries ranked near Canada

  1. 138 Aruba 2.46 % compare
  2. 139 Ghana 2.43 % compare
  3. 140 Montserrat 2.42 % compare
  4. 142 South Africa 2.22 % compare
  5. 143 China, Hong Kong SAR 2.21 % compare
  6. 144 Slovakia 2.12 % compare

See the full ranking of 251 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is gross fixed capital formation — annual growth us$ in Canada?
Gross fixed capital formation — annual growth us$ in Canada was 2.26 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — annual growth us$ recorded in Canada?
The highest recorded value was 26.44 % in 2021.
What is the lowest gross fixed capital formation — annual growth us$ recorded in Canada?
The lowest recorded value was -15.75 % in 2009.
How does Canada rank for gross fixed capital formation — annual growth us$?
Canada ranks 141st out of 203 countries with data for 2024.
Is gross fixed capital formation — annual growth us$ rising or falling in Canada?
Over the last ten years it is up 261.9%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Annual growth US$ in Canada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-growth-us/canada/

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About this data

Indicator
Gross Fixed Capital Formation — Annual growth US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,607 data points, 1971–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).