Gross fixed capital formation (constant 2015 US$), per unit of GDP in North America
North America: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.1716 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross fixed capital formation (constant 2015 US$), per unit of GDP in North America, 1970–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant 2015 us$), per unit of gdp in North America is 0.1716 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.
That represents a change of down 1.8% on the previous year and down 16.9% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in North America peaked at 0.7712 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.1716 constant 2015 US$ per US$ of GDP, in 2024.
That places North America 25th out of 33 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross fixed capital formation (constant 2015 US$), per unit of GDP in North America, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7712 constant 2015 US$ per US$ of GDP | — |
| 1971 | 0.7511 constant 2015 US$ per US$ of GDP | -2.6% |
| 1972 | 0.7529 constant 2015 US$ per US$ of GDP | +0.3% |
| 1973 | 0.7217 constant 2015 US$ per US$ of GDP | -4.2% |
| 1974 | 0.6383 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.5494 constant 2015 US$ per US$ of GDP | -13.9% |
| 1976 | 0.5296 constant 2015 US$ per US$ of GDP | -3.6% |
| 1977 | 0.5259 constant 2015 US$ per US$ of GDP | -0.7% |
| 1978 | 0.5153 constant 2015 US$ per US$ of GDP | -2.0% |
| 1979 | 0.4879 constant 2015 US$ per US$ of GDP | -5.3% |
| 1980 | 0.4321 constant 2015 US$ per US$ of GDP | -11.5% |
| 1981 | 0.3952 constant 2015 US$ per US$ of GDP | -8.5% |
| 1982 | 0.3584 constant 2015 US$ per US$ of GDP | -9.3% |
| 1983 | 0.3511 constant 2015 US$ per US$ of GDP | -2.0% |
| 1984 | 0.3615 constant 2015 US$ per US$ of GDP | +3.0% |
| 1985 | 0.3617 constant 2015 US$ per US$ of GDP | +0.1% |
| 1986 | 0.3542 constant 2015 US$ per US$ of GDP | -2.1% |
| 1987 | 0.3401 constant 2015 US$ per US$ of GDP | -4.0% |
| 1988 | 0.3222 constant 2015 US$ per US$ of GDP | -5.3% |
| 1989 | 0.3076 constant 2015 US$ per US$ of GDP | -4.5% |
| 1990 | 0.2899 constant 2015 US$ per US$ of GDP | -5.8% |
| 1991 | 0.2692 constant 2015 US$ per US$ of GDP | -7.1% |
| 1992 | 0.265 constant 2015 US$ per US$ of GDP | -1.6% |
| 1993 | 0.265 constant 2015 US$ per US$ of GDP | -0.0% |
| 1994 | 0.2659 constant 2015 US$ per US$ of GDP | +0.4% |
| 1995 | 0.2654 constant 2015 US$ per US$ of GDP | -0.2% |
| 1996 | 0.2703 constant 2015 US$ per US$ of GDP | +1.8% |
| 1997 | 0.274 constant 2015 US$ per US$ of GDP | +1.4% |
| 1998 | 0.2838 constant 2015 US$ per US$ of GDP | +3.6% |
| 1999 | 0.2885 constant 2015 US$ per US$ of GDP | +1.7% |
| 2000 | 0.2876 constant 2015 US$ per US$ of GDP | -0.3% |
| 2001 | 0.2792 constant 2015 US$ per US$ of GDP | -2.9% |
| 2002 | 0.2664 constant 2015 US$ per US$ of GDP | -4.6% |
| 2003 | 0.263 constant 2015 US$ per US$ of GDP | -1.3% |
| 2004 | 0.2605 constant 2015 US$ per US$ of GDP | -1.0% |
| 2005 | 0.258 constant 2015 US$ per US$ of GDP | -0.9% |
| 2006 | 0.2495 constant 2015 US$ per US$ of GDP | -3.3% |
| 2007 | 0.2363 constant 2015 US$ per US$ of GDP | -5.3% |
| 2008 | 0.2223 constant 2015 US$ per US$ of GDP | -5.9% |
| 2009 | 0.2005 constant 2015 US$ per US$ of GDP | -9.8% |
| 2010 | 0.1967 constant 2015 US$ per US$ of GDP | -1.9% |
| 2011 | 0.1972 constant 2015 US$ per US$ of GDP | +0.3% |
| 2012 | 0.2024 constant 2015 US$ per US$ of GDP | +2.6% |
| 2013 | 0.2029 constant 2015 US$ per US$ of GDP | +0.2% |
| 2014 | 0.2065 constant 2015 US$ per US$ of GDP | +1.8% |
| 2015 | 0.209 constant 2015 US$ per US$ of GDP | +1.2% |
| 2016 | 0.2086 constant 2015 US$ per US$ of GDP | -0.2% |
| 2017 | 0.2078 constant 2015 US$ per US$ of GDP | -0.4% |
| 2018 | 0.2069 constant 2015 US$ per US$ of GDP | -0.4% |
| 2019 | 0.2044 constant 2015 US$ per US$ of GDP | -1.2% |
| 2020 | 0.2045 constant 2015 US$ per US$ of GDP | +0.1% |
| 2021 | 0.1936 constant 2015 US$ per US$ of GDP | -5.3% |
| 2022 | 0.1795 constant 2015 US$ per US$ of GDP | -7.3% |
| 2023 | 0.1748 constant 2015 US$ per US$ of GDP | -2.6% |
| 2024 | 0.1716 constant 2015 US$ per US$ of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6243 constant 2015 US$ per US$ of GDP | 0.4879 constant 2015 US$ per US$ of GDP | 0.7712 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.3584 constant 2015 US$ per US$ of GDP | 0.3076 constant 2015 US$ per US$ of GDP | 0.4321 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2737 constant 2015 US$ per US$ of GDP | 0.265 constant 2015 US$ per US$ of GDP | 0.2899 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.2523 constant 2015 US$ per US$ of GDP | 0.2005 constant 2015 US$ per US$ of GDP | 0.2876 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2042 constant 2015 US$ per US$ of GDP | 0.1967 constant 2015 US$ per US$ of GDP | 0.209 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1848 constant 2015 US$ per US$ of GDP | 0.1716 constant 2015 US$ per US$ of GDP | 0.2045 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near North America
- 22 Palau 0.2729 constant 2015 US$ per US$ of GDP compare
- 23 Kiribati 0.2652 constant 2015 US$ per US$ of GDP compare
- 24 Guinea 0.2601 constant 2015 US$ per US$ of GDP compare
- 25 Timor-Leste 0.2573 constant 2015 US$ per US$ of GDP compare
- 26 Mongolia 0.2567 constant 2015 US$ per US$ of GDP compare
- 27 Cambodia 0.2554 constant 2015 US$ per US$ of GDP compare
- 28 Mauritania 0.2529 constant 2015 US$ per US$ of GDP compare
More economy & growth data for North America
- Industry (including construction), value added (current US$), per 0.182 current US$ per US$ of GDP (2021)
- External balance on goods and services -2.8% (2024)
- Trade 28.5% (2024)
- Industry (including construction), value added 4.69 trillion current US$ (2021)
- Industry (including construction), value added 18.2% (2021)
- Services, value added 19.44 trillion current US$ (2021)
- Services, value added 75.5% (2021)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.31 % change on previous year (2021)
- Services, value added (current US$), per capita 52,472 current US$ per person (2021)
- Services, value added (current US$), per unit of GDP 0.7546 current US$ per US$ of GDP (2021)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per unit of gdp in North America?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in North America was 0.1716 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in North America?
- The highest recorded value was 0.7712 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in North America?
- The lowest recorded value was 0.1716 constant 2015 US$ per US$ of GDP in 2024.
- How does North America rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- North America ranks 25th out of 33 groups with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in North America?
- Over the last ten years it is down 16.9%. The long-run trend across the full record is falling.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.