Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation was 1.11 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
1.11 trillion constant 2015 US$
Change on year
up 1.9%
Rank
15th
of 33 groups
All-time high
1.11 trillion constant 2015 US$
in 2025
All-time low
244.06 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) stood at 1.11 trillion constant 2015 US$. That is the highest value across all 56 years on record.
The figure is up 1.9% on the previous year and up 8.1% over ten years.
Over the whole period, gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.11 trillion constant 2015 US$ in 2025 and was at its lowest, 244.06 billion constant 2015 US$, in 1970.
Latin America & the Caribbean (IDA & IBRD countries) ranks 15th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 244.06 billion constant 2015 US$ | — |
| 1971 | 258.60 billion constant 2015 US$ | +6.0% |
| 1972 | 283.38 billion constant 2015 US$ | +9.6% |
| 1973 | 320.74 billion constant 2015 US$ | +13.2% |
| 1974 | 354.54 billion constant 2015 US$ | +10.5% |
| 1975 | 385.40 billion constant 2015 US$ | +8.7% |
| 1976 | 408.82 billion constant 2015 US$ | +6.1% |
| 1977 | 417.80 billion constant 2015 US$ | +2.2% |
| 1978 | 439.51 billion constant 2015 US$ | +5.2% |
| 1979 | 469.04 billion constant 2015 US$ | +6.7% |
| 1980 | 473.82 billion constant 2015 US$ | +1.0% |
| 1981 | 493.69 billion constant 2015 US$ | +4.2% |
| 1982 | 439.78 billion constant 2015 US$ | -10.9% |
| 1983 | 353.71 billion constant 2015 US$ | -19.6% |
| 1984 | 358.43 billion constant 2015 US$ | +1.3% |
| 1985 | 365.72 billion constant 2015 US$ | +2.0% |
| 1986 | 388.05 billion constant 2015 US$ | +6.1% |
| 1987 | 431.51 billion constant 2015 US$ | +11.2% |
| 1988 | 449.70 billion constant 2015 US$ | +4.2% |
| 1989 | 474.11 billion constant 2015 US$ | +5.4% |
| 1990 | 419.51 billion constant 2015 US$ | -11.5% |
| 1991 | 422.60 billion constant 2015 US$ | +0.7% |
| 1992 | 463.96 billion constant 2015 US$ | +9.8% |
| 1993 | 495.17 billion constant 2015 US$ | +6.7% |
| 1994 | 555.08 billion constant 2015 US$ | +12.1% |
| 1995 | 498.78 billion constant 2015 US$ | -10.1% |
| 1996 | 528.75 billion constant 2015 US$ | +6.0% |
| 1997 | 587.52 billion constant 2015 US$ | +11.1% |
| 1998 | 614.92 billion constant 2015 US$ | +4.7% |
| 1999 | 574.66 billion constant 2015 US$ | -6.5% |
| 2000 | 592.03 billion constant 2015 US$ | +3.0% |
| 2001 | 573.97 billion constant 2015 US$ | -3.1% |
| 2002 | 555.88 billion constant 2015 US$ | -3.2% |
| 2003 | 560.79 billion constant 2015 US$ | +0.9% |
| 2004 | 617.71 billion constant 2015 US$ | +10.2% |
| 2005 | 662.45 billion constant 2015 US$ | +7.2% |
| 2006 | 731.50 billion constant 2015 US$ | +10.4% |
| 2007 | 821.82 billion constant 2015 US$ | +12.3% |
| 2008 | 900.60 billion constant 2015 US$ | +9.6% |
| 2009 | 825.91 billion constant 2015 US$ | -8.3% |
| 2010 | 932.52 billion constant 2015 US$ | +12.9% |
| 2011 | 1.02 trillion constant 2015 US$ | +9.3% |
| 2012 | 1.05 trillion constant 2015 US$ | +3.5% |
| 2013 | 1.08 trillion constant 2015 US$ | +2.6% |
| 2014 | 1.07 trillion constant 2015 US$ | -1.4% |
| 2015 | 1.02 trillion constant 2015 US$ | -4.0% |
| 2016 | 964.60 billion constant 2015 US$ | -5.8% |
| 2017 | 968.01 billion constant 2015 US$ | +0.4% |
| 2018 | 985.23 billion constant 2015 US$ | +1.8% |
| 2019 | 973.24 billion constant 2015 US$ | -1.2% |
| 2020 | 853.74 billion constant 2015 US$ | -12.3% |
| 2021 | 992.34 billion constant 2015 US$ | +16.2% |
| 2022 | 1.04 trillion constant 2015 US$ | +5.2% |
| 2023 | 1.06 trillion constant 2015 US$ | +2.0% |
| 2024 | 1.09 trillion constant 2015 US$ | +2.0% |
| 2025 | 1.11 trillion constant 2015 US$ | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 358.19 billion constant 2015 US$ | 244.06 billion constant 2015 US$ | 469.04 billion constant 2015 US$ | 10 |
| 1980s | 422.85 billion constant 2015 US$ | 353.71 billion constant 2015 US$ | 493.69 billion constant 2015 US$ | 10 |
| 1990s | 516.09 billion constant 2015 US$ | 419.51 billion constant 2015 US$ | 614.92 billion constant 2015 US$ | 10 |
| 2000s | 684.27 billion constant 2015 US$ | 555.88 billion constant 2015 US$ | 900.60 billion constant 2015 US$ | 10 |
| 2010s | 1.01 trillion constant 2015 US$ | 932.52 billion constant 2015 US$ | 1.08 trillion constant 2015 US$ | 10 |
| 2020s | 1.02 trillion constant 2015 US$ | 853.74 billion constant 2015 US$ | 1.11 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 12 Canada 399.43 billion constant 2015 US$ compare
- 13 Brazil 360.56 billion constant 2015 US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Exports of goods and services (current US$), per capita 2,826 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.39 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 9,153 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8457 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.55 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,922 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 4.04 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,444 constant 2015 US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) was 1.11 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.11 trillion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 244.06 billion constant 2015 US$ in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross fixed capital formation?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 15th out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.