Gross fixed capital formation (constant 2015 US$), annual growth rate in World
World: Gross fixed capital formation (constant 2015 US$), annual growth rate was 2.2 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in World, 1988–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (constant 2015 us$), annual growth rate in World stood at 2.2 % change on previous year.
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 (constant 2015 us$), annual growth rate in World peaked at 6.88 % change on previous year in 1988 and was at its lowest, -9.14 % change on previous year, in 2009.
World ranks 18th of 33 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in World, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 6.88 % change on previous year | — |
| 1989 | 5.97 % change on previous year | -13.2% |
| 1990 | 2.96 % change on previous year | -50.4% |
| 1991 | -1.27 % change on previous year | -143.0% |
| 1992 | -1.58 % change on previous year | +24.1% |
| 1993 | -1.44 % change on previous year | -8.7% |
| 1994 | 3.19 % change on previous year | -321.2% |
| 1995 | 3.41 % change on previous year | +7.0% |
| 1996 | 5.56 % change on previous year | +63.2% |
| 1997 | 4.19 % change on previous year | -24.7% |
| 1998 | 2.1 % change on previous year | -50.0% |
| 1999 | 3.7 % change on previous year | +76.5% |
| 2000 | 5.42 % change on previous year | +46.5% |
| 2001 | 0.3583 % change on previous year | -93.4% |
| 2002 | -0.6165 % change on previous year | -272.1% |
| 2003 | 3.07 % change on previous year | -598.6% |
| 2004 | 5.62 % change on previous year | +82.9% |
| 2005 | 5.84 % change on previous year | +3.9% |
| 2006 | 5.32 % change on previous year | -8.9% |
| 2007 | 4.86 % change on previous year | -8.7% |
| 2008 | 0.4255 % change on previous year | -91.2% |
| 2009 | -9.14 % change on previous year | -2248.5% |
| 2010 | 3.73 % change on previous year | -140.8% |
| 2011 | 4.61 % change on previous year | +23.8% |
| 2012 | 3.37 % change on previous year | -26.9% |
| 2013 | 2.46 % change on previous year | -27.2% |
| 2014 | 3.37 % change on previous year | +37.2% |
| 2015 | 2.89 % change on previous year | -14.3% |
| 2016 | 2.18 % change on previous year | -24.6% |
| 2017 | 3.98 % change on previous year | +83.0% |
| 2018 | 3.66 % change on previous year | -8.0% |
| 2019 | 2.62 % change on previous year | -28.5% |
| 2020 | -4.14 % change on previous year | -258.2% |
| 2021 | 6.37 % change on previous year | -253.7% |
| 2022 | 3.3 % change on previous year | -48.2% |
| 2023 | 3.17 % change on previous year | -3.8% |
| 2024 | 2.2 % change on previous year | -30.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.42 % change on previous year | 5.97 % change on previous year | 6.88 % change on previous year | 2 |
| 1990s | 2.08 % change on previous year | -1.58 % change on previous year | 5.56 % change on previous year | 10 |
| 2000s | 2.12 % change on previous year | -9.14 % change on previous year | 5.84 % change on previous year | 10 |
| 2010s | 3.29 % change on previous year | 2.18 % change on previous year | 4.61 % change on previous year | 10 |
| 2020s | 2.18 % change on previous year | -4.14 % change on previous year | 6.37 % change on previous year | 5 |
Countries ranked near World
- 15 Republic of Moldova 16.86 % change on previous year compare
- 16 Argentina 16.36 % change on previous year compare
- 17 Armenia 15.6 % change on previous year compare
- 18 Vanuatu 14.23 % change on previous year compare
- 19 Samoa 14.11 % change on previous year compare
- 20 Ghana 13.83 % change on previous year compare
- 21 Sri Lanka 13.7 % change on previous year 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)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.88 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2394 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 3,448 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 2.56 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2562 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 3,514 current US$ per person (2024)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.2145 constant 2015 US$ per US$ of GDP (2024)
- Gross fixed capital formation (constant 2015 US$), per capita 2,942 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in World?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in World was 2.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in World?
- The highest recorded value was 6.88 % change on previous year in 1988.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in World?
- The lowest recorded value was -9.14 % change on previous year in 2009.
- How does World rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- World ranks 18th out of 33 groups with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate 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 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.