Gross fixed capital formation (constant 2015 US$), per unit of GDP in OECD members
OECD members: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.1863 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), per unit of GDP in OECD members, 1970–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant 2015 us$), per unit of gdp in OECD members is 0.1863 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.
Compared with earlier readings it is down 3.3% on the previous year and down 5.8% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in OECD members peaked at 1.32 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.1863 constant 2015 US$ per US$ of GDP, in 2024.
OECD members ranks 19th 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$), per unit of GDP in OECD members, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.32 constant 2015 US$ per US$ of GDP | — |
| 1971 | 1.25 constant 2015 US$ per US$ of GDP | -5.3% |
| 1972 | 1.15 constant 2015 US$ per US$ of GDP | -7.7% |
| 1973 | 1.02 constant 2015 US$ per US$ of GDP | -11.5% |
| 1974 | 0.8799 constant 2015 US$ per US$ of GDP | -13.7% |
| 1975 | 0.756 constant 2015 US$ per US$ of GDP | -14.1% |
| 1976 | 0.7241 constant 2015 US$ per US$ of GDP | -4.2% |
| 1977 | 0.6699 constant 2015 US$ per US$ of GDP | -7.5% |
| 1978 | 0.5912 constant 2015 US$ per US$ of GDP | -11.8% |
| 1979 | 0.5397 constant 2015 US$ per US$ of GDP | -8.7% |
| 1980 | 0.487 constant 2015 US$ per US$ of GDP | -9.8% |
| 1981 | 0.4811 constant 2015 US$ per US$ of GDP | -1.2% |
| 1982 | 0.4745 constant 2015 US$ per US$ of GDP | -1.4% |
| 1983 | 0.4661 constant 2015 US$ per US$ of GDP | -1.8% |
| 1984 | 0.4748 constant 2015 US$ per US$ of GDP | +1.9% |
| 1985 | 0.474 constant 2015 US$ per US$ of GDP | -0.2% |
| 1986 | 0.4067 constant 2015 US$ per US$ of GDP | -14.2% |
| 1987 | 0.3686 constant 2015 US$ per US$ of GDP | -9.4% |
| 1988 | 0.3506 constant 2015 US$ per US$ of GDP | -4.9% |
| 1989 | 0.3543 constant 2015 US$ per US$ of GDP | +1.1% |
| 1990 | 0.3262 constant 2015 US$ per US$ of GDP | -7.9% |
| 1991 | 0.3071 constant 2015 US$ per US$ of GDP | -5.9% |
| 1992 | 0.2873 constant 2015 US$ per US$ of GDP | -6.5% |
| 1993 | 0.2805 constant 2015 US$ per US$ of GDP | -2.4% |
| 1994 | 0.272 constant 2015 US$ per US$ of GDP | -3.1% |
| 1995 | 0.2544 constant 2015 US$ per US$ of GDP | -6.5% |
| 1996 | 0.2666 constant 2015 US$ per US$ of GDP | +4.8% |
| 1997 | 0.2817 constant 2015 US$ per US$ of GDP | +5.7% |
| 1998 | 0.2909 constant 2015 US$ per US$ of GDP | +3.3% |
| 1999 | 0.2901 constant 2015 US$ per US$ of GDP | -0.3% |
| 2000 | 0.2985 constant 2015 US$ per US$ of GDP | +2.9% |
| 2001 | 0.3003 constant 2015 US$ per US$ of GDP | +0.6% |
| 2002 | 0.2852 constant 2015 US$ per US$ of GDP | -5.0% |
| 2003 | 0.2621 constant 2015 US$ per US$ of GDP | -8.1% |
| 2004 | 0.2459 constant 2015 US$ per US$ of GDP | -6.1% |
| 2005 | 0.2441 constant 2015 US$ per US$ of GDP | -0.7% |
| 2006 | 0.241 constant 2015 US$ per US$ of GDP | -1.3% |
| 2007 | 0.2257 constant 2015 US$ per US$ of GDP | -6.3% |
| 2008 | 0.2089 constant 2015 US$ per US$ of GDP | -7.4% |
| 2009 | 0.1997 constant 2015 US$ per US$ of GDP | -4.4% |
| 2010 | 0.1941 constant 2015 US$ per US$ of GDP | -2.8% |
| 2011 | 0.1872 constant 2015 US$ per US$ of GDP | -3.6% |
| 2012 | 0.1931 constant 2015 US$ per US$ of GDP | +3.2% |
| 2013 | 0.1945 constant 2015 US$ per US$ of GDP | +0.7% |
| 2014 | 0.1979 constant 2015 US$ per US$ of GDP | +1.7% |
| 2015 | 0.2177 constant 2015 US$ per US$ of GDP | +10.0% |
| 2016 | 0.2188 constant 2015 US$ per US$ of GDP | +0.5% |
| 2017 | 0.2175 constant 2015 US$ per US$ of GDP | -0.6% |
| 2018 | 0.2123 constant 2015 US$ per US$ of GDP | -2.4% |
| 2019 | 0.2158 constant 2015 US$ per US$ of GDP | +1.7% |
| 2020 | 0.2136 constant 2015 US$ per US$ of GDP | -1.0% |
| 2021 | 0.2008 constant 2015 US$ per US$ of GDP | -6.0% |
| 2022 | 0.2 constant 2015 US$ per US$ of GDP | -0.4% |
| 2023 | 0.1926 constant 2015 US$ per US$ of GDP | -3.7% |
| 2024 | 0.1863 constant 2015 US$ per US$ of GDP | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8897 constant 2015 US$ per US$ of GDP | 0.5397 constant 2015 US$ per US$ of GDP | 1.32 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.4338 constant 2015 US$ per US$ of GDP | 0.3506 constant 2015 US$ per US$ of GDP | 0.487 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2857 constant 2015 US$ per US$ of GDP | 0.2544 constant 2015 US$ per US$ of GDP | 0.3262 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.2511 constant 2015 US$ per US$ of GDP | 0.1997 constant 2015 US$ per US$ of GDP | 0.3003 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2049 constant 2015 US$ per US$ of GDP | 0.1872 constant 2015 US$ per US$ of GDP | 0.2188 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1987 constant 2015 US$ per US$ of GDP | 0.1863 constant 2015 US$ per US$ of GDP | 0.2136 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near OECD members
- 16 India 0.2907 constant 2015 US$ per US$ of GDP compare
- 17 Indonesia 0.2822 constant 2015 US$ per US$ of GDP compare
- 18 Panama 0.2776 constant 2015 US$ per US$ of GDP compare
- 19 Republic of Korea 0.2772 constant 2015 US$ per US$ of GDP compare
- 20 Bahrain 0.2741 constant 2015 US$ per US$ of GDP compare
- 21 Viet Nam 0.274 constant 2015 US$ per US$ of GDP compare
- 22 Palau 0.2729 constant 2015 US$ per US$ of GDP compare
More economy & growth data for OECD members
- Industry (including construction), value added (current US$), annual 0.1566 % change on previous year (2022)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 21.2% (2022)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1116 constant 2015 US$ per US$ of GDP (2024)
- Services, value added 41.66 trillion current US$ (2021)
- Services, value added 69.8% (2021)
- Manufacturing, value added (constant 2015 US$), per capita 5,457 constant 2015 US$ per person (2024)
- Services, value added (current US$), annual growth rate 10.69 % change on previous year (2021)
- Industry (including construction), value added (constant 2015 US$) 8,332 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per unit of gdp in OECD members?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in OECD members was 0.1863 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in OECD members?
- The highest recorded value was 1.32 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in OECD members?
- The lowest recorded value was 0.1863 constant 2015 US$ per US$ of GDP in 2024.
- How does OECD members rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- OECD members ranks 19th out of 33 groups with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in OECD members?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.