Gross fixed capital formation (constant 2015 US$), annual growth rate in High income
High income: Gross fixed capital formation (constant 2015 US$), annual growth rate was 1.41 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in High income, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (constant 2015 us$), annual growth rate in High income stood at 1.41 % change on previous year.
Compared with earlier readings it is down 49.6% on the previous year and down 62.5% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in High income peaked at 7.43 % change on previous year in 1988 and was at its lowest, -10.49 % change on previous year, in 2009.
That places High income 24th out of 33 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.16 % change on previous year | — |
| 1972 | 7.16 % change on previous year | +38.7% |
| 1973 | 6.97 % change on previous year | -2.6% |
| 1974 | -3.46 % change on previous year | -149.6% |
| 1975 | -4 % change on previous year | +15.7% |
| 1976 | 3.95 % change on previous year | -198.8% |
| 1977 | 4.75 % change on previous year | +20.3% |
| 1978 | 6.06 % change on previous year | +27.7% |
| 1979 | 5.05 % change on previous year | -16.8% |
| 1980 | -0.252 % change on previous year | -105.0% |
| 1981 | 0.0974 % change on previous year | -138.7% |
| 1982 | -2.26 % change on previous year | -2423.4% |
| 1983 | 2.51 % change on previous year | -210.7% |
| 1984 | 6.47 % change on previous year | +157.9% |
| 1985 | 4.91 % change on previous year | -24.0% |
| 1986 | 4.45 % change on previous year | -9.5% |
| 1987 | 5.28 % change on previous year | +18.8% |
| 1988 | 7.43 % change on previous year | +40.7% |
| 1989 | 5.84 % change on previous year | -21.4% |
| 1990 | 3.41 % change on previous year | -41.6% |
| 1991 | -1.66 % change on previous year | -148.8% |
| 1992 | -2.45 % change on previous year | +47.3% |
| 1993 | -2.01 % change on previous year | -18.1% |
| 1994 | 2.77 % change on previous year | -237.9% |
| 1995 | 4.12 % change on previous year | +48.6% |
| 1996 | 5.15 % change on previous year | +25.2% |
| 1997 | 3.78 % change on previous year | -26.7% |
| 1998 | 3.54 % change on previous year | -6.2% |
| 1999 | 4.83 % change on previous year | +36.4% |
| 2000 | 5.37 % change on previous year | +11.0% |
| 2001 | -0.0248 % change on previous year | -100.5% |
| 2002 | -0.9959 % change on previous year | +3923.2% |
| 2003 | 2.82 % change on previous year | -383.6% |
| 2004 | 4.56 % change on previous year | +61.5% |
| 2005 | 5.07 % change on previous year | +11.1% |
| 2006 | 4.4 % change on previous year | -13.2% |
| 2007 | 3.28 % change on previous year | -25.5% |
| 2008 | -1.24 % change on previous year | -137.7% |
| 2009 | -10.49 % change on previous year | +748.6% |
| 2010 | 2 % change on previous year | -119.1% |
| 2011 | 3.65 % change on previous year | +82.5% |
| 2012 | 3.29 % change on previous year | -9.9% |
| 2013 | 2.21 % change on previous year | -32.8% |
| 2014 | 3.76 % change on previous year | +70.0% |
| 2015 | 3.13 % change on previous year | -16.7% |
| 2016 | 2.22 % change on previous year | -29.0% |
| 2017 | 3.81 % change on previous year | +71.5% |
| 2018 | 3.23 % change on previous year | -15.4% |
| 2019 | 3.2 % change on previous year | -0.7% |
| 2020 | -3.05 % change on previous year | -195.3% |
| 2021 | 5.26 % change on previous year | -272.3% |
| 2022 | 2.61 % change on previous year | -50.5% |
| 2023 | 2.8 % change on previous year | +7.4% |
| 2024 | 1.41 % change on previous year | -49.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.52 % change on previous year | -4 % change on previous year | 7.16 % change on previous year | 9 |
| 1980s | 3.45 % change on previous year | -2.26 % change on previous year | 7.43 % change on previous year | 10 |
| 1990s | 2.15 % change on previous year | -2.45 % change on previous year | 5.15 % change on previous year | 10 |
| 2000s | 1.27 % change on previous year | -10.49 % change on previous year | 5.37 % change on previous year | 10 |
| 2010s | 3.05 % change on previous year | 2 % change on previous year | 3.81 % change on previous year | 10 |
| 2020s | 1.8 % change on previous year | -3.05 % change on previous year | 5.26 % change on previous year | 5 |
Countries ranked near High income
- 21 Sri Lanka 13.7 % change on previous year compare
- 22 Pakistan 13.17 % change on previous year compare
- 23 Djibouti 12.92 % change on previous year compare
- 24 Morocco 12.83 % change on previous year compare
- 25 Palau 12.65 % change on previous year compare
- 26 Madagascar 12.33 % change on previous year compare
- 27 Paraguay 12.24 % change on previous year compare
More economy & growth data for High income
- Industry (including construction), value added (current US$), annual 0.5606 % change on previous year (2024)
- Industry (including construction), value added 12.75 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.3% (2024)
- Industry (including construction), value added 21.3% (2024)
- Services, value added 43.80 trillion current US$ (2021)
- Services, value added 69.1% (2021)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.112 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 5,702 constant 2015 US$ per person (2024)
- Services, value added (current US$), annual growth rate 10.76 % change on previous year (2021)
- Industry (including construction), value added (constant 2015 US$) 8,995 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in High income?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in High income was 1.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in High income?
- The highest recorded value was 7.43 % change on previous year in 1988.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in High income?
- The lowest recorded value was -10.49 % change on previous year in 2009.
- How does High income rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- High income ranks 24th out of 33 groups with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in High income?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.