Gross fixed capital formation in World
World: Gross fixed capital formation was 23.95 trillion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in World, 1987–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in World is 23.95 trillion constant 2015 US$, measured in 2024. That is the highest value across all 38 years on record.
The figure is up 2.2% on the previous year and up 29.1% over ten years.
Over the whole period, gross fixed capital formation in World peaked at 23.95 trillion constant 2015 US$ in 2024 and was at its lowest, 9.22 trillion constant 2015 US$, in 1987.
That places World 1st out of 33 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 38 years of available data.
Gross fixed capital formation in World, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1987 | 9.22 trillion constant 2015 US$ | — |
| 1988 | 9.85 trillion constant 2015 US$ | +6.9% |
| 1989 | 10.44 trillion constant 2015 US$ | +6.0% |
| 1990 | 10.75 trillion constant 2015 US$ | +3.0% |
| 1991 | 10.61 trillion constant 2015 US$ | -1.3% |
| 1992 | 10.44 trillion constant 2015 US$ | -1.6% |
| 1993 | 10.29 trillion constant 2015 US$ | -1.4% |
| 1994 | 10.62 trillion constant 2015 US$ | +3.2% |
| 1995 | 10.98 trillion constant 2015 US$ | +3.4% |
| 1996 | 11.59 trillion constant 2015 US$ | +5.6% |
| 1997 | 12.08 trillion constant 2015 US$ | +4.2% |
| 1998 | 12.33 trillion constant 2015 US$ | +2.1% |
| 1999 | 12.79 trillion constant 2015 US$ | +3.7% |
| 2000 | 13.48 trillion constant 2015 US$ | +5.4% |
| 2001 | 13.53 trillion constant 2015 US$ | +0.4% |
| 2002 | 13.45 trillion constant 2015 US$ | -0.6% |
| 2003 | 13.86 trillion constant 2015 US$ | +3.1% |
| 2004 | 14.64 trillion constant 2015 US$ | +5.6% |
| 2005 | 15.49 trillion constant 2015 US$ | +5.8% |
| 2006 | 16.32 trillion constant 2015 US$ | +5.3% |
| 2007 | 17.11 trillion constant 2015 US$ | +4.9% |
| 2008 | 17.18 trillion constant 2015 US$ | +0.4% |
| 2009 | 15.61 trillion constant 2015 US$ | -9.1% |
| 2010 | 16.20 trillion constant 2015 US$ | +3.7% |
| 2011 | 16.94 trillion constant 2015 US$ | +4.6% |
| 2012 | 17.51 trillion constant 2015 US$ | +3.4% |
| 2013 | 17.94 trillion constant 2015 US$ | +2.5% |
| 2014 | 18.55 trillion constant 2015 US$ | +3.4% |
| 2015 | 19.08 trillion constant 2015 US$ | +2.9% |
| 2016 | 19.50 trillion constant 2015 US$ | +2.2% |
| 2017 | 20.28 trillion constant 2015 US$ | +4.0% |
| 2018 | 21.02 trillion constant 2015 US$ | +3.7% |
| 2019 | 21.57 trillion constant 2015 US$ | +2.6% |
| 2020 | 20.68 trillion constant 2015 US$ | -4.1% |
| 2021 | 21.99 trillion constant 2015 US$ | +6.4% |
| 2022 | 22.72 trillion constant 2015 US$ | +3.3% |
| 2023 | 23.44 trillion constant 2015 US$ | +3.2% |
| 2024 | 23.95 trillion constant 2015 US$ | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.83 trillion constant 2015 US$ | 9.22 trillion constant 2015 US$ | 10.44 trillion constant 2015 US$ | 3 |
| 1990s | 11.25 trillion constant 2015 US$ | 10.29 trillion constant 2015 US$ | 12.79 trillion constant 2015 US$ | 10 |
| 2000s | 15.07 trillion constant 2015 US$ | 13.45 trillion constant 2015 US$ | 17.18 trillion constant 2015 US$ | 10 |
| 2010s | 18.86 trillion constant 2015 US$ | 16.20 trillion constant 2015 US$ | 21.57 trillion constant 2015 US$ | 10 |
| 2020s | 22.55 trillion constant 2015 US$ | 20.68 trillion constant 2015 US$ | 23.95 trillion constant 2015 US$ | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.49 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 180.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 trillion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0114 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 163.93 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.45 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in World?
- Gross fixed capital formation in World was 23.95 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in World?
- The highest recorded value was 23.95 trillion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in World?
- The lowest recorded value was 9.22 trillion constant 2015 US$ in 1987.
- How does World rank for gross fixed capital formation?
- World ranks 1st out of 33 groups with data for 2024.
- Is gross fixed capital formation rising or falling in World?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this World 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.