Gross fixed capital formation in Lower middle income
Lower middle income: Gross fixed capital formation was 1.97 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
1.97 trillion constant 2015 US$
Change on year
up 6.3%
Rank
8th
of 31 groups
All-time high
1.97 trillion constant 2015 US$
in 2025
All-time low
60.77 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross fixed capital formation in Lower middle income, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lower middle income recorded 1.97 trillion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 66 years on record.
That represents a change of up 6.3% on the previous year and up 69.3% over ten years.
Over the whole period, gross fixed capital formation in Lower middle income peaked at 1.97 trillion constant 2015 US$ in 2025 and was at its lowest, 60.77 billion constant 2015 US$, in 1960.
That places Lower middle income 8th out of 31 groups with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Lower middle income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 60.77 billion constant 2015 US$ | — |
| 1961 | 66.90 billion constant 2015 US$ | +10.1% |
| 1962 | 72.34 billion constant 2015 US$ | +8.1% |
| 1963 | 79.95 billion constant 2015 US$ | +10.5% |
| 1964 | 88.32 billion constant 2015 US$ | +10.5% |
| 1965 | 94.80 billion constant 2015 US$ | +7.3% |
| 1966 | 91.53 billion constant 2015 US$ | -3.5% |
| 1967 | 96.41 billion constant 2015 US$ | +5.3% |
| 1968 | 102.87 billion constant 2015 US$ | +6.7% |
| 1969 | 103.76 billion constant 2015 US$ | +0.9% |
| 1970 | 107.09 billion constant 2015 US$ | +3.2% |
| 1971 | 107.68 billion constant 2015 US$ | +0.6% |
| 1972 | 112.38 billion constant 2015 US$ | +4.4% |
| 1973 | 113.08 billion constant 2015 US$ | +0.6% |
| 1974 | 116.93 billion constant 2015 US$ | +3.4% |
| 1975 | 127.86 billion constant 2015 US$ | +9.3% |
| 1976 | 147.70 billion constant 2015 US$ | +15.5% |
| 1977 | 172.89 billion constant 2015 US$ | +17.1% |
| 1978 | 175.08 billion constant 2015 US$ | +1.3% |
| 1979 | 165.08 billion constant 2015 US$ | -5.7% |
| 1980 | 164.83 billion constant 2015 US$ | -0.2% |
| 1981 | 170.48 billion constant 2015 US$ | +3.4% |
| 1982 | 177.56 billion constant 2015 US$ | +4.2% |
| 1983 | 177.14 billion constant 2015 US$ | -0.2% |
| 1984 | 182.43 billion constant 2015 US$ | +3.0% |
| 1985 | 193.44 billion constant 2015 US$ | +6.0% |
| 1986 | 203.98 billion constant 2015 US$ | +5.4% |
| 1987 | 216.50 billion constant 2015 US$ | +6.1% |
| 1988 | 221.21 billion constant 2015 US$ | +2.2% |
| 1989 | 223.69 billion constant 2015 US$ | +1.1% |
| 1990 | 244.99 billion constant 2015 US$ | +9.5% |
| 1991 | 243.57 billion constant 2015 US$ | -0.6% |
| 1992 | 264.33 billion constant 2015 US$ | +8.5% |
| 1993 | 262.68 billion constant 2015 US$ | -0.6% |
| 1994 | 272.01 billion constant 2015 US$ | +3.6% |
| 1995 | 296.06 billion constant 2015 US$ | +8.8% |
| 1996 | 314.64 billion constant 2015 US$ | +6.3% |
| 1997 | 342.16 billion constant 2015 US$ | +8.7% |
| 1998 | 359.93 billion constant 2015 US$ | +5.2% |
| 1999 | 394.08 billion constant 2015 US$ | +9.5% |
| 2000 | 396.27 billion constant 2015 US$ | +0.6% |
| 2001 | 450.57 billion constant 2015 US$ | +13.7% |
| 2002 | 450.34 billion constant 2015 US$ | -0.1% |
| 2003 | 460.49 billion constant 2015 US$ | +2.3% |
| 2004 | 511.57 billion constant 2015 US$ | +11.1% |
| 2005 | 587.69 billion constant 2015 US$ | +14.9% |
| 2006 | 669.66 billion constant 2015 US$ | +13.9% |
| 2007 | 773.54 billion constant 2015 US$ | +15.5% |
| 2008 | 823.01 billion constant 2015 US$ | +6.4% |
| 2009 | 848.88 billion constant 2015 US$ | +3.1% |
| 2010 | 911.18 billion constant 2015 US$ | +7.3% |
| 2011 | 986.15 billion constant 2015 US$ | +8.2% |
| 2012 | 1.05 trillion constant 2015 US$ | +6.2% |
| 2013 | 1.06 trillion constant 2015 US$ | +1.5% |
| 2014 | 1.10 trillion constant 2015 US$ | +3.1% |
| 2015 | 1.16 trillion constant 2015 US$ | +6.1% |
| 2016 | 1.25 trillion constant 2015 US$ | +7.1% |
| 2017 | 1.32 trillion constant 2015 US$ | +6.0% |
| 2018 | 1.45 trillion constant 2015 US$ | +9.5% |
| 2019 | 1.48 trillion constant 2015 US$ | +2.3% |
| 2020 | 1.36 trillion constant 2015 US$ | -7.7% |
| 2021 | 1.54 trillion constant 2015 US$ | +13.1% |
| 2022 | 1.66 trillion constant 2015 US$ | +7.8% |
| 2023 | 1.74 trillion constant 2015 US$ | +4.5% |
| 2024 | 1.85 trillion constant 2015 US$ | +6.4% |
| 2025 | 1.97 trillion constant 2015 US$ | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 85.77 billion constant 2015 US$ | 60.77 billion constant 2015 US$ | 103.76 billion constant 2015 US$ | 10 |
| 1970s | 134.58 billion constant 2015 US$ | 107.09 billion constant 2015 US$ | 175.08 billion constant 2015 US$ | 10 |
| 1980s | 193.12 billion constant 2015 US$ | 164.83 billion constant 2015 US$ | 223.69 billion constant 2015 US$ | 10 |
| 1990s | 299.45 billion constant 2015 US$ | 243.57 billion constant 2015 US$ | 394.08 billion constant 2015 US$ | 10 |
| 2000s | 597.20 billion constant 2015 US$ | 396.27 billion constant 2015 US$ | 848.88 billion constant 2015 US$ | 10 |
| 2010s | 1.18 trillion constant 2015 US$ | 911.18 billion constant 2015 US$ | 1.48 trillion constant 2015 US$ | 10 |
| 2020s | 1.69 trillion constant 2015 US$ | 1.36 trillion constant 2015 US$ | 1.97 trillion constant 2015 US$ | 6 |
Countries ranked near Lower middle income
- 5 United Kingdom of Great Britain and Northern Ireland 664.11 billion constant 2015 US$ compare
- 6 France 592.76 billion constant 2015 US$ compare
- 7 Republic of Korea 519.10 billion constant 2015 US$ compare
- 8 Italy 474.73 billion constant 2015 US$ compare
- 9 Australia 417.59 billion constant 2015 US$ compare
- 10 Indonesia 408.01 billion constant 2015 US$ compare
- 11 Russian Federation 406.61 billion constant 2015 US$ compare
More economy & growth data for Lower middle income
- Households and NPISHs Final consumption expenditure per capita growth 5.4% (2025)
- Households and NPISHs Final consumption expenditure 5.35 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure 5.26 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure 6.8% (2025)
- Households and NPISHs Final consumption expenditure per capita 1,785 constant 2015 US$ (2025)
- External balance on goods and services -3.1% (2025)
- Final consumption expenditure 5.92 trillion current US$ (2025)
- Households and NPISHs final consumption expenditure 73.2% (2025)
- Agriculture, forestry, and fishing, value added 1.15 trillion constant 2015 US$ (2025)
- Trade 46.6% (2025)
Frequently asked questions
- What is gross fixed capital formation in Lower middle income?
- Gross fixed capital formation in Lower middle income was 1.97 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 Lower middle income?
- The highest recorded value was 1.97 trillion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Lower middle income?
- The lowest recorded value was 60.77 billion constant 2015 US$ in 1960.
- How does Lower middle income rank for gross fixed capital formation?
- Lower middle income ranks 8th out of 31 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Lower middle income?
- Over the last ten years it is up 69.3%. The long-run trend across the full record is volatile.
- Where does this Lower middle 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
CSV · JSON — 66 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.