Gross fixed capital formation (constant 2015 US$) in High income
High income: Gross fixed capital formation (constant 2015 US$) was 13.45 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
13.45 trillion constant 2015 US$
Change on year
up 1.4%
Rank
2nd
of 33 groups
All-time high
13.45 trillion constant 2015 US$
in 2024
All-time low
3.48 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
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$, in 1970.
High income ranks 2nd of 33 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross fixed capital formation (constant 2015 US$) in High income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 3.48 trillion constant 2015 US$ | — |
| 1971 | 3.66 trillion constant 2015 US$ | +5.2% |
| 1972 | 3.93 trillion constant 2015 US$ | +7.2% |
| 1973 | 4.20 trillion constant 2015 US$ | +7.0% |
| 1974 | 4.05 trillion constant 2015 US$ | -3.5% |
| 1975 | 3.89 trillion constant 2015 US$ | -4.0% |
| 1976 | 4.05 trillion constant 2015 US$ | +3.9% |
| 1977 | 4.24 trillion constant 2015 US$ | +4.7% |
| 1978 | 4.50 trillion constant 2015 US$ | +6.1% |
| 1979 | 4.72 trillion constant 2015 US$ | +5.0% |
| 1980 | 4.71 trillion constant 2015 US$ | -0.3% |
| 1981 | 4.71 trillion constant 2015 US$ | +0.1% |
| 1982 | 4.61 trillion constant 2015 US$ | -2.3% |
| 1983 | 4.72 trillion constant 2015 US$ | +2.5% |
| 1984 | 5.03 trillion constant 2015 US$ | +6.5% |
| 1985 | 5.28 trillion constant 2015 US$ | +4.9% |
| 1986 | 5.51 trillion constant 2015 US$ | +4.4% |
| 1987 | 5.80 trillion constant 2015 US$ | +5.3% |
| 1988 | 6.23 trillion constant 2015 US$ | +7.4% |
| 1989 | 6.60 trillion constant 2015 US$ | +5.8% |
| 1990 | 6.82 trillion constant 2015 US$ | +3.4% |
| 1991 | 6.71 trillion constant 2015 US$ | -1.7% |
| 1992 | 6.54 trillion constant 2015 US$ | -2.5% |
| 1993 | 6.41 trillion constant 2015 US$ | -2.0% |
| 1994 | 6.59 trillion constant 2015 US$ | +2.8% |
| 1995 | 6.86 trillion constant 2015 US$ | +4.1% |
| 1996 | 7.22 trillion constant 2015 US$ | +5.2% |
| 1997 | 7.49 trillion constant 2015 US$ | +3.8% |
| 1998 | 7.75 trillion constant 2015 US$ | +3.5% |
| 1999 | 8.13 trillion constant 2015 US$ | +4.8% |
| 2000 | 8.56 trillion constant 2015 US$ | +5.4% |
| 2001 | 8.56 trillion constant 2015 US$ | -0.0% |
| 2002 | 8.48 trillion constant 2015 US$ | -1.0% |
| 2003 | 8.72 trillion constant 2015 US$ | +2.8% |
| 2004 | 9.11 trillion constant 2015 US$ | +4.6% |
| 2005 | 9.58 trillion constant 2015 US$ | +5.1% |
| 2006 | 10.00 trillion constant 2015 US$ | +4.4% |
| 2007 | 10.32 trillion constant 2015 US$ | +3.3% |
| 2008 | 10.20 trillion constant 2015 US$ | -1.2% |
| 2009 | 9.13 trillion constant 2015 US$ | -10.5% |
| 2010 | 9.31 trillion constant 2015 US$ | +2.0% |
| 2011 | 9.65 trillion constant 2015 US$ | +3.6% |
| 2012 | 9.97 trillion constant 2015 US$ | +3.3% |
| 2013 | 10.19 trillion constant 2015 US$ | +2.2% |
| 2014 | 10.57 trillion constant 2015 US$ | +3.8% |
| 2015 | 10.90 trillion constant 2015 US$ | +3.1% |
| 2016 | 11.14 trillion constant 2015 US$ | +2.2% |
| 2017 | 11.57 trillion constant 2015 US$ | +3.8% |
| 2018 | 11.94 trillion constant 2015 US$ | +3.2% |
| 2019 | 12.32 trillion constant 2015 US$ | +3.2% |
| 2020 | 11.95 trillion constant 2015 US$ | -3.1% |
| 2021 | 12.58 trillion constant 2015 US$ | +5.3% |
| 2022 | 12.90 trillion constant 2015 US$ | +2.6% |
| 2023 | 13.27 trillion constant 2015 US$ | +2.8% |
| 2024 | 13.45 trillion constant 2015 US$ | +1.4% |
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 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 664.11 billion constant 2015 US$ compare
More economy & growth data for High income
- Foreign direct investment, net outflows (BoP, current US$), per capita 855.36 BoP, current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1461 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7606 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 2.76 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,900 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1748 current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -12.57 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 967.71 billion BoP, current US$ (2025)
- General government final consumption expenditure (constant 2015 US$) 7,438 constant 2015 US$ per person (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 33 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.
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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.