Gross fixed capital formation in Least developed countries
Least developed countries: Gross fixed capital formation was 403.58 billion constant 2015 US$ in 2025. ▲ Rising
Gross fixed capital formation in Least developed countries, 2002–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross fixed capital formation in Least developed countries stood at 403.58 billion constant 2015 US$. That is the highest value across all 24 years on record.
The figure is up 1.5% on the previous year and up 65.4% over ten years.
Over the whole period, gross fixed capital formation in Least developed countries peaked at 403.58 billion constant 2015 US$ in 2025 and was at its lowest, 88.68 billion constant 2015 US$, in 2002.
Least developed countries ranks 25th of 33 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Gross fixed capital formation in Least developed countries, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 88.68 billion constant 2015 US$ | — |
| 2003 | 98.11 billion constant 2015 US$ | +10.6% |
| 2004 | 105.93 billion constant 2015 US$ | +8.0% |
| 2005 | 115.32 billion constant 2015 US$ | +8.9% |
| 2006 | 125.01 billion constant 2015 US$ | +8.4% |
| 2007 | 139.17 billion constant 2015 US$ | +11.3% |
| 2008 | 159.23 billion constant 2015 US$ | +14.4% |
| 2009 | 163.77 billion constant 2015 US$ | +2.9% |
| 2010 | 174.36 billion constant 2015 US$ | +6.5% |
| 2011 | 185.13 billion constant 2015 US$ | +6.2% |
| 2012 | 202.52 billion constant 2015 US$ | +9.4% |
| 2013 | 217.43 billion constant 2015 US$ | +7.4% |
| 2014 | 235.35 billion constant 2015 US$ | +8.2% |
| 2015 | 243.97 billion constant 2015 US$ | +3.7% |
| 2016 | 263.15 billion constant 2015 US$ | +7.9% |
| 2017 | 273.12 billion constant 2015 US$ | +3.8% |
| 2018 | 295.54 billion constant 2015 US$ | +8.2% |
| 2019 | 316.13 billion constant 2015 US$ | +7.0% |
| 2020 | 309.43 billion constant 2015 US$ | -2.1% |
| 2021 | 337.06 billion constant 2015 US$ | +8.9% |
| 2022 | 369.73 billion constant 2015 US$ | +9.7% |
| 2023 | 377.46 billion constant 2015 US$ | +2.1% |
| 2024 | 397.81 billion constant 2015 US$ | +5.4% |
| 2025 | 403.58 billion constant 2015 US$ | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 124.40 billion constant 2015 US$ | 88.68 billion constant 2015 US$ | 163.77 billion constant 2015 US$ | 8 |
| 2010s | 240.67 billion constant 2015 US$ | 174.36 billion constant 2015 US$ | 316.13 billion constant 2015 US$ | 10 |
| 2020s | 365.84 billion constant 2015 US$ | 309.43 billion constant 2015 US$ | 403.58 billion constant 2015 US$ | 6 |
Countries ranked near Least developed countries
- 22 Poland 130.74 billion constant 2015 US$ compare
- 23 Belgium 129.57 billion constant 2015 US$ compare
- 24 Thailand 116.14 billion constant 2015 US$ compare
- 25 Ireland 115.27 billion constant 2015 US$ compare
- 26 Norway 113.93 billion constant 2015 US$ compare
- 27 Algeria 109.39 billion constant 2015 US$ compare
- 28 Philippines 108.48 billion constant 2015 US$ compare
More economy & growth data for Least developed countries
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.44 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7176 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 116.01 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0852 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 5.81 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 141.86 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1042 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 10.13 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.2287 BoP, current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Least developed countries?
- Gross fixed capital formation in Least developed countries was 403.58 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 Least developed countries?
- The highest recorded value was 403.58 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Least developed countries?
- The lowest recorded value was 88.68 billion constant 2015 US$ in 2002.
- How does Least developed countries rank for gross fixed capital formation?
- Least developed countries ranks 25th out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Least developed countries?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is rising.
- Where does this Least developed 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.
Download this data
CSV · JSON — 24 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.