Gross fixed capital formation in World
World: Gross fixed capital formation was 2.2% in 2024. ◆ Volatile
Gross fixed capital formation in World, 1988–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in World stood at 2.2%.
The figure is down 30.6% on the previous year and down 34.7% over ten years.
Over the whole period, gross fixed capital formation in World peaked at 6.9% in 1988 and was at its lowest, -9.1%, in 2009.
World ranks 16th of 31 groups on this measure, 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 in World, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1988 | 6.9% | — |
| 1989 | 6.0% | -13.2% |
| 1990 | 3.0% | -50.4% |
| 1991 | -1.3% | -143.0% |
| 1992 | -1.6% | +24.0% |
| 1993 | -1.4% | -8.6% |
| 1994 | 3.2% | -321.1% |
| 1995 | 3.4% | +7.0% |
| 1996 | 5.6% | +63.2% |
| 1997 | 4.2% | -24.7% |
| 1998 | 2.1% | -50.0% |
| 1999 | 3.7% | +76.5% |
| 2000 | 5.4% | +46.5% |
| 2001 | 0.4% | -93.4% |
| 2002 | -0.6% | -271.9% |
| 2003 | 3.1% | -598.3% |
| 2004 | 5.6% | +82.9% |
| 2005 | 5.8% | +4.0% |
| 2006 | 5.3% | -8.9% |
| 2007 | 4.9% | -8.7% |
| 2008 | 0.4% | -91.2% |
| 2009 | -9.1% | -2247.6% |
| 2010 | 3.7% | -140.8% |
| 2011 | 4.6% | +23.8% |
| 2012 | 3.4% | -26.9% |
| 2013 | 2.5% | -27.2% |
| 2014 | 3.4% | +37.2% |
| 2015 | 2.9% | -14.3% |
| 2016 | 2.2% | -24.6% |
| 2017 | 4.0% | +83.0% |
| 2018 | 3.7% | -8.0% |
| 2019 | 2.6% | -28.5% |
| 2020 | -4.1% | -258.2% |
| 2021 | 6.4% | -253.7% |
| 2022 | 3.3% | -48.2% |
| 2023 | 3.2% | -3.8% |
| 2024 | 2.2% | -30.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.4% | 6.0% | 6.9% | 2 |
| 1990s | 2.1% | -1.6% | 5.6% | 10 |
| 2000s | 2.1% | -9.1% | 5.8% | 10 |
| 2010s | 3.3% | 2.2% | 4.6% | 10 |
| 2020s | 2.2% | -4.1% | 6.4% | 5 |
Countries ranked near World
- 13 Syrian Arab Republic 19.5% compare
- 14 Marshall Islands 19.0% compare
- 15 Chad 18.8% compare
- 16 Republic of Moldova 16.9% compare
- 17 Argentina 16.4% compare
- 18 Armenia 15.6% compare
- 19 Vanuatu 14.2% compare
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)
- Gross domestic savings (current US$), annual growth rate 2.34 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2687 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 3,686 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9887 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 14,244 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.18 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9945 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in World?
- Gross fixed capital formation in World was 2.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in World?
- The highest recorded value was 6.9% in 1988.
- What is the lowest gross fixed capital formation recorded in World?
- The lowest recorded value was -9.1% in 2009.
- How does World rank for gross fixed capital formation?
- World ranks 16th out of 31 groups with data for 2024.
- Is gross fixed capital formation rising or falling in World?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this World data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.