Gross fixed capital formation in High income
High income: Gross fixed capital formation was 13.45 trillion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in High income is 13.45 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 1.4% on the previous year and up 27.3% over ten years.
Over the whole period, gross fixed capital formation in High income peaked at 13.45 trillion constant 2015 US$ in 2024 and was at its lowest, 3.48 trillion constant 2015 US$, in 1970.
High income ranks 2nd of 31 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.07 trillion constant 2015 US$ | 3.48 trillion constant 2015 US$ | 4.72 trillion constant 2015 US$ | 10 |
| 1980s | 5.32 trillion constant 2015 US$ | 4.61 trillion constant 2015 US$ | 6.60 trillion constant 2015 US$ | 10 |
| 1990s | 7.05 trillion constant 2015 US$ | 6.41 trillion constant 2015 US$ | 8.13 trillion constant 2015 US$ | 10 |
| 2000s | 9.27 trillion constant 2015 US$ | 8.48 trillion constant 2015 US$ | 10.32 trillion constant 2015 US$ | 10 |
| 2010s | 10.76 trillion constant 2015 US$ | 9.31 trillion constant 2015 US$ | 12.32 trillion constant 2015 US$ | 10 |
| 2020s | 12.83 trillion constant 2015 US$ | 11.95 trillion constant 2015 US$ | 13.45 trillion constant 2015 US$ | 5 |
Countries ranked near High income
- 1 United States of America 5.02 trillion constant 2015 US$ compare
- 2 Japan 1.25 trillion constant 2015 US$ compare
- 3 India 1.15 trillion constant 2015 US$ compare
- 4 Germany 703.36 billion constant 2015 US$ compare
- 5 United Kingdom of Great Britain and Northern Ireland 664.11 billion constant 2015 US$ compare
More economy & growth data for High income
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Final consumption expenditure 2.3% (2024)
Frequently asked questions
- What is gross fixed capital formation in High income?
- Gross fixed capital formation in High income was 13.45 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in High income?
- The highest recorded value was 13.45 trillion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in High income?
- The lowest recorded value was 3.48 trillion constant 2015 US$ in 1970.
- How does High income rank for gross fixed capital formation?
- High income ranks 2nd out of 31 groups with data for 2024.
- Is gross fixed capital formation rising or falling in High income?
- Over the last ten years it is up 27.3%. The long-run trend across the full record is rising.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.