Gross Fixed Capital Formation — Annual growth US$ in Northern America
Northern America: Gross Fixed Capital Formation — Annual growth US$ was 5.85 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Northern America, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — annual growth us$ in Northern America stood at 5.85 %.
The figure is down 0.6% on the previous year and down 13.1% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Northern America peaked at 98.83 % in 1972 and was at its lowest, -13.44 %, in 2009.
That places Northern America 10th out of 29 groups 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 Northern America, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 17.1 % | — |
| 1972 | 98.83 % | +478.1% |
| 1973 | 13.68 % | -86.2% |
| 1974 | 8.03 % | -41.3% |
| 1975 | 4.18 % | -47.9% |
| 1976 | 14.1 % | +237.1% |
| 1977 | 16.13 % | +14.4% |
| 1978 | 17.7 % | +9.8% |
| 1979 | 14.81 % | -16.3% |
| 1980 | 5.62 % | -62.1% |
| 1981 | 11.83 % | +110.6% |
| 1982 | -0.2037 % | -101.7% |
| 1983 | 7.57 % | -3817.1% |
| 1984 | 15.06 % | +98.9% |
| 1985 | 8.21 % | -45.5% |
| 1986 | 5.15 % | -37.2% |
| 1987 | 4.66 % | -9.6% |
| 1988 | 6.41 % | +37.7% |
| 1989 | 6.23 % | -2.9% |
| 1990 | 1.89 % | -69.7% |
| 1991 | -2.55 % | -235.0% |
| 1992 | 3.3 % | -229.5% |
| 1993 | 5.53 % | +67.3% |
| 1994 | 7.63 % | +38.0% |
| 1995 | 6.62 % | -13.2% |
| 1996 | 7.9 % | +19.3% |
| 1997 | 7.85 % | -0.6% |
| 1998 | 8.22 % | +4.7% |
| 1999 | 8.59 % | +4.4% |
| 2000 | 8.02 % | -6.6% |
| 2001 | 0.605 % | -92.5% |
| 2002 | -1.11 % | -283.0% |
| 2003 | 6 % | -642.0% |
| 2004 | 9.84 % | +63.9% |
| 2005 | 11.28 % | +14.7% |
| 2006 | 7.33 % | -35.0% |
| 2007 | 2.57 % | -65.0% |
| 2008 | -2.03 % | -179.0% |
| 2009 | -13.44 % | +562.8% |
| 2010 | 3.48 % | -125.9% |
| 2011 | 6.67 % | +91.8% |
| 2012 | 8.19 % | +22.7% |
| 2013 | 4.47 % | -45.5% |
| 2014 | 6.73 % | +50.7% |
| 2015 | 2.8 % | -58.4% |
| 2016 | 2.12 % | -24.3% |
| 2017 | 5.99 % | +182.6% |
| 2018 | 6.67 % | +11.3% |
| 2019 | 4.14 % | -37.8% |
| 2020 | 0.1027 % | -97.5% |
| 2021 | 10.64 % | +10260.7% |
| 2022 | 9.71 % | -8.7% |
| 2023 | 5.88 % | -39.5% |
| 2024 | 5.85 % | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.73 % | 4.18 % | 98.83 % | 9 |
| 1980s | 7.05 % | -0.2037 % | 15.06 % | 10 |
| 1990s | 5.5 % | -2.55 % | 8.59 % | 10 |
| 2000s | 2.91 % | -13.44 % | 11.28 % | 10 |
| 2010s | 5.13 % | 2.12 % | 8.19 % | 10 |
| 2020s | 6.44 % | 0.1027 % | 10.64 % | 5 |
Countries ranked near Northern America
- 7 Iraq 39.74 % compare
- 8 USSR 28.64 % compare
- 9 Uzbekistan 27.99 % compare
- 10 Afghanistan 26.13 % compare
- 11 Sudan (former) 25.4 % compare
- 11 Viet Nam 2.58 % compare
- 12 Sri Lanka 25.1 % compare
- 13 Madagascar 24.99 % compare
More economy & growth data for Northern America
- Gross Domestic Product — Value US$ 31.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.13 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.50 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 63,589 USD (2024)
- Gross Domestic Product — Value US$ per capita 81,512 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.12 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.64 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.11 % (2024)
- Gross Fixed Capital Formation — Value US$ 6.80 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5.42 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Northern America?
- Gross fixed capital formation — annual growth us$ in Northern America was 5.85 % 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 Northern America?
- The highest recorded value was 98.83 % in 1972.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Northern America?
- The lowest recorded value was -13.44 % in 2009.
- How does Northern America rank for gross fixed capital formation — annual growth us$?
- Northern America ranks 10th out of 29 groups with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Northern America?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is volatile.
- Where does this Northern America 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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About this data
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).