Gross fixed capital formation in Latin America & Caribbean
Latin America & Caribbean: Gross fixed capital formation was 1.14 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
1.14 trillion constant 2015 US$
Change on year
up 1.9%
Rank
12th
of 31 groups
All-time high
1.14 trillion constant 2015 US$
in 2025
All-time low
255.09 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Latin America & Caribbean, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latin America & Caribbean recorded 1.14 trillion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 56 years on record.
The figure is up 1.9% on the previous year and up 8.6% over ten years.
Over the whole period, gross fixed capital formation in Latin America & Caribbean peaked at 1.14 trillion constant 2015 US$ in 2025 and was at its lowest, 255.09 billion constant 2015 US$, in 1970.
Latin America & Caribbean ranks 12th of 31 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 255.09 billion constant 2015 US$ | — |
| 1971 | 270.57 billion constant 2015 US$ | +6.1% |
| 1972 | 295.85 billion constant 2015 US$ | +9.3% |
| 1973 | 332.67 billion constant 2015 US$ | +12.4% |
| 1974 | 366.23 billion constant 2015 US$ | +10.1% |
| 1975 | 397.54 billion constant 2015 US$ | +8.6% |
| 1976 | 420.89 billion constant 2015 US$ | +5.9% |
| 1977 | 429.56 billion constant 2015 US$ | +2.1% |
| 1978 | 451.88 billion constant 2015 US$ | +5.2% |
| 1979 | 481.62 billion constant 2015 US$ | +6.6% |
| 1980 | 486.16 billion constant 2015 US$ | +0.9% |
| 1981 | 507.00 billion constant 2015 US$ | +4.3% |
| 1982 | 452.41 billion constant 2015 US$ | -10.8% |
| 1983 | 365.96 billion constant 2015 US$ | -19.1% |
| 1984 | 371.94 billion constant 2015 US$ | +1.6% |
| 1985 | 380.71 billion constant 2015 US$ | +2.4% |
| 1986 | 402.02 billion constant 2015 US$ | +5.6% |
| 1987 | 445.92 billion constant 2015 US$ | +10.9% |
| 1988 | 466.09 billion constant 2015 US$ | +4.5% |
| 1989 | 491.88 billion constant 2015 US$ | +5.5% |
| 1990 | 436.93 billion constant 2015 US$ | -11.2% |
| 1991 | 438.33 billion constant 2015 US$ | +0.3% |
| 1992 | 476.92 billion constant 2015 US$ | +8.8% |
| 1993 | 507.37 billion constant 2015 US$ | +6.4% |
| 1994 | 567.01 billion constant 2015 US$ | +11.8% |
| 1995 | 511.52 billion constant 2015 US$ | -9.8% |
| 1996 | 543.42 billion constant 2015 US$ | +6.2% |
| 1997 | 604.13 billion constant 2015 US$ | +11.2% |
| 1998 | 632.63 billion constant 2015 US$ | +4.7% |
| 1999 | 594.94 billion constant 2015 US$ | -6.0% |
| 2000 | 613.24 billion constant 2015 US$ | +3.1% |
| 2001 | 594.65 billion constant 2015 US$ | -3.0% |
| 2002 | 575.75 billion constant 2015 US$ | -3.2% |
| 2003 | 580.56 billion constant 2015 US$ | +0.8% |
| 2004 | 638.47 billion constant 2015 US$ | +10.0% |
| 2005 | 683.95 billion constant 2015 US$ | +7.1% |
| 2006 | 755.41 billion constant 2015 US$ | +10.4% |
| 2007 | 845.70 billion constant 2015 US$ | +12.0% |
| 2008 | 923.75 billion constant 2015 US$ | +9.2% |
| 2009 | 846.62 billion constant 2015 US$ | -8.3% |
| 2010 | 952.52 billion constant 2015 US$ | +12.5% |
| 2011 | 1.04 trillion constant 2015 US$ | +9.3% |
| 2012 | 1.08 trillion constant 2015 US$ | +3.6% |
| 2013 | 1.10 trillion constant 2015 US$ | +2.5% |
| 2014 | 1.09 trillion constant 2015 US$ | -1.4% |
| 2015 | 1.05 trillion constant 2015 US$ | -3.9% |
| 2016 | 986.88 billion constant 2015 US$ | -5.7% |
| 2017 | 990.74 billion constant 2015 US$ | +0.4% |
| 2018 | 1.02 trillion constant 2015 US$ | +2.5% |
| 2019 | 1.00 trillion constant 2015 US$ | -1.2% |
| 2020 | 877.13 billion constant 2015 US$ | -12.6% |
| 2021 | 1.02 trillion constant 2015 US$ | +16.1% |
| 2022 | 1.07 trillion constant 2015 US$ | +5.1% |
| 2023 | 1.09 trillion constant 2015 US$ | +2.0% |
| 2024 | 1.11 trillion constant 2015 US$ | +2.0% |
| 2025 | 1.14 trillion constant 2015 US$ | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 370.19 billion constant 2015 US$ | 255.09 billion constant 2015 US$ | 481.62 billion constant 2015 US$ | 10 |
| 1980s | 437.01 billion constant 2015 US$ | 365.96 billion constant 2015 US$ | 507.00 billion constant 2015 US$ | 10 |
| 1990s | 531.32 billion constant 2015 US$ | 436.93 billion constant 2015 US$ | 632.63 billion constant 2015 US$ | 10 |
| 2000s | 705.81 billion constant 2015 US$ | 575.75 billion constant 2015 US$ | 923.75 billion constant 2015 US$ | 10 |
| 2010s | 1.03 trillion constant 2015 US$ | 952.52 billion constant 2015 US$ | 1.10 trillion constant 2015 US$ | 10 |
| 2020s | 1.05 trillion constant 2015 US$ | 877.13 billion constant 2015 US$ | 1.14 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 9 Australia 417.59 billion constant 2015 US$ compare
- 10 Indonesia 408.01 billion constant 2015 US$ compare
- 11 Russia 406.61 billion constant 2015 US$ compare
- 12 Canada 399.43 billion constant 2015 US$ compare
- 13 Brazil 360.56 billion constant 2015 US$ compare
- 14 Turkey 359.76 billion constant 2015 US$ compare
- 15 Spain 303.70 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Gross value added at basic prices (GVA) 5.62 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Industry (including construction), value added 30.3% (2025)
- Trade in services 8.7% (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
- Services, value added 2.4% (2025)
- Services, value added 68.2% (2025)
- Inflation, GDP deflator 3.4% (2025)
- Gross value added at basic prices (GVA) 6.85 trillion current US$ (2025)
- GDP per capita growth 1.6% (2025)
Frequently asked questions
- What is gross fixed capital formation in Latin America & Caribbean?
- Gross fixed capital formation in Latin America & Caribbean was 1.14 trillion 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?
- The highest recorded value was 1.14 trillion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Latin America & Caribbean?
- The lowest recorded value was 255.09 billion constant 2015 US$ in 1970.
- How does Latin America & Caribbean rank for gross fixed capital formation?
- Latin America & Caribbean ranks 12th out of 31 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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 — 56 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.