Gross fixed capital formation (constant 2015 US$) in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross fixed capital formation (constant 2015 US$) was 981.15 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
981.15 billion constant 2015 US$
Change on year
up 1.6%
Rank
17th
of 33 groups
All-time high
981.15 billion constant 2015 US$
in 2025
All-time low
233.84 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross fixed capital formation in Latin America & Caribbean (excluding high income) stood at 981.15 billion constant 2015 US$. That is the highest value across all 56 years on record.
The figure is up 1.6% on the previous year and up 7.0% over ten years.
Over the whole period, gross fixed capital formation in Latin America & Caribbean (excluding high income) peaked at 981.15 billion constant 2015 US$ in 2025 and was at its lowest, 233.84 billion constant 2015 US$, in 1970.
Latin America & Caribbean (excluding high income) ranks 17th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation (constant 2015 US$) in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 233.84 billion constant 2015 US$ | — |
| 1971 | 248.45 billion constant 2015 US$ | +6.3% |
| 1972 | 275.07 billion constant 2015 US$ | +10.7% |
| 1973 | 312.77 billion constant 2015 US$ | +13.7% |
| 1974 | 344.47 billion constant 2015 US$ | +10.1% |
| 1975 | 375.28 billion constant 2015 US$ | +8.9% |
| 1976 | 397.72 billion constant 2015 US$ | +6.0% |
| 1977 | 405.58 billion constant 2015 US$ | +2.0% |
| 1978 | 425.65 billion constant 2015 US$ | +5.0% |
| 1979 | 452.50 billion constant 2015 US$ | +6.3% |
| 1980 | 455.50 billion constant 2015 US$ | +0.7% |
| 1981 | 476.12 billion constant 2015 US$ | +4.5% |
| 1982 | 428.06 billion constant 2015 US$ | -10.1% |
| 1983 | 347.54 billion constant 2015 US$ | -18.8% |
| 1984 | 352.53 billion constant 2015 US$ | +1.4% |
| 1985 | 360.75 billion constant 2015 US$ | +2.3% |
| 1986 | 381.08 billion constant 2015 US$ | +5.6% |
| 1987 | 421.13 billion constant 2015 US$ | +10.5% |
| 1988 | 438.31 billion constant 2015 US$ | +4.1% |
| 1989 | 460.84 billion constant 2015 US$ | +5.1% |
| 1990 | 406.33 billion constant 2015 US$ | -11.8% |
| 1991 | 407.34 billion constant 2015 US$ | +0.2% |
| 1992 | 441.65 billion constant 2015 US$ | +8.4% |
| 1993 | 467.99 billion constant 2015 US$ | +6.0% |
| 1994 | 524.96 billion constant 2015 US$ | +12.2% |
| 1995 | 466.10 billion constant 2015 US$ | -11.2% |
| 1996 | 494.50 billion constant 2015 US$ | +6.1% |
| 1997 | 548.74 billion constant 2015 US$ | +11.0% |
| 1998 | 572.94 billion constant 2015 US$ | +4.4% |
| 1999 | 536.64 billion constant 2015 US$ | -6.3% |
| 2000 | 553.21 billion constant 2015 US$ | +3.1% |
| 2001 | 535.92 billion constant 2015 US$ | -3.1% |
| 2002 | 517.66 billion constant 2015 US$ | -3.4% |
| 2003 | 519.32 billion constant 2015 US$ | +0.3% |
| 2004 | 571.34 billion constant 2015 US$ | +10.0% |
| 2005 | 607.99 billion constant 2015 US$ | +6.4% |
| 2006 | 673.60 billion constant 2015 US$ | +10.8% |
| 2007 | 754.92 billion constant 2015 US$ | +12.1% |
| 2008 | 821.61 billion constant 2015 US$ | +8.8% |
| 2009 | 754.60 billion constant 2015 US$ | -8.2% |
| 2010 | 852.41 billion constant 2015 US$ | +13.0% |
| 2011 | 927.93 billion constant 2015 US$ | +8.9% |
| 2012 | 950.76 billion constant 2015 US$ | +2.5% |
| 2013 | 973.21 billion constant 2015 US$ | +2.4% |
| 2014 | 958.23 billion constant 2015 US$ | -1.5% |
| 2015 | 916.69 billion constant 2015 US$ | -4.3% |
| 2016 | 858.93 billion constant 2015 US$ | -6.3% |
| 2017 | 862.70 billion constant 2015 US$ | +0.4% |
| 2018 | 877.12 billion constant 2015 US$ | +1.7% |
| 2019 | 863.84 billion constant 2015 US$ | -1.5% |
| 2020 | 764.18 billion constant 2015 US$ | -11.5% |
| 2021 | 885.63 billion constant 2015 US$ | +15.9% |
| 2022 | 928.28 billion constant 2015 US$ | +4.8% |
| 2023 | 944.78 billion constant 2015 US$ | +1.8% |
| 2024 | 966.10 billion constant 2015 US$ | +2.3% |
| 2025 | 981.15 billion constant 2015 US$ | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 347.13 billion constant 2015 US$ | 233.84 billion constant 2015 US$ | 452.50 billion constant 2015 US$ | 10 |
| 1980s | 412.19 billion constant 2015 US$ | 347.54 billion constant 2015 US$ | 476.12 billion constant 2015 US$ | 10 |
| 1990s | 486.72 billion constant 2015 US$ | 406.33 billion constant 2015 US$ | 572.94 billion constant 2015 US$ | 10 |
| 2000s | 631.02 billion constant 2015 US$ | 517.66 billion constant 2015 US$ | 821.61 billion constant 2015 US$ | 10 |
| 2010s | 904.18 billion constant 2015 US$ | 852.41 billion constant 2015 US$ | 973.21 billion constant 2015 US$ | 10 |
| 2020s | 911.69 billion constant 2015 US$ | 764.18 billion constant 2015 US$ | 981.15 billion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 14 Türkiye 359.76 billion constant 2015 US$ compare
- 15 Spain 303.70 billion constant 2015 US$ compare
- 16 Mexico 293.55 billion constant 2015 US$ compare
- 17 Saudi Arabia 265.99 billion constant 2015 US$ compare
- 18 Switzerland 217.80 billion constant 2015 US$ compare
- 19 Netherlands 190.31 billion constant 2015 US$ compare
- 20 Sweden 143.80 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & Caribbean (excluding high income)?
- Gross fixed capital formation in Latin America & Caribbean (excluding high income) was 981.15 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 981.15 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 233.84 billion constant 2015 US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for gross fixed capital formation?
- Latin America & Caribbean (excluding high income) ranks 17th out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding 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
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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.