Gross fixed capital formation in United States of America
United States of America: Gross fixed capital formation was 5.33 trillion constant LCU in 2024. ▲ Rising
Gross fixed capital formation in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in United States of America stood at 5.33 trillion constant LCU. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 38.8% over ten years.
Over the whole period, gross fixed capital formation in United States of America peaked at 5.33 trillion constant LCU in 2024 and was at its lowest, 863.57 billion constant LCU, in 1970.
That places United States of America 30th out of 167 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.07 trillion constant LCU | 863.57 billion constant LCU | 1.35 trillion constant LCU | 10 |
| 1980s | 1.54 trillion constant LCU | 1.25 trillion constant LCU | 1.83 trillion constant LCU | 10 |
| 1990s | 2.19 trillion constant LCU | 1.75 trillion constant LCU | 2.92 trillion constant LCU | 10 |
| 2000s | 3.31 trillion constant LCU | 3.04 trillion constant LCU | 3.66 trillion constant LCU | 10 |
| 2010s | 3.89 trillion constant LCU | 3.11 trillion constant LCU | 4.65 trillion constant LCU | 10 |
| 2020s | 4.99 trillion constant LCU | 4.61 trillion constant LCU | 5.33 trillion constant LCU | 5 |
Countries ranked near United States of America
- 27 Senegal 6.52 trillion constant LCU compare
- 28 Mexico 5.78 trillion constant LCU compare
- 29 Cameroon 5.49 trillion constant LCU compare
- 31 Philippines 5.26 trillion constant LCU compare
- 32 Congo, Democratic Republic of the 5.08 trillion constant LCU compare
- 33 Pakistan 4.67 trillion constant LCU compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 15.63 % change on previous year (2021)
- Taxes less subsidies on products (current US$), per unit of GDP 0.035 current US$ per US$ of GDP (2021)
- Taxes less subsidies on products (current US$), per capita 2,497 current US$ per person (2021)
- Taxes less subsidies on products (current LCU), annual growth rate 15.63 % change on previous year (2021)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.035 current LCU per US$ of GDP (2021)
- Taxes less subsidies on products (current LCU), per capita 2,497 current LCU per person (2021)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross fixed capital formation in United States of America?
- Gross fixed capital formation in United States of America was 5.33 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in United States of America?
- The highest recorded value was 5.33 trillion constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in United States of America?
- The lowest recorded value was 863.57 billion constant LCU in 1970.
- How does United States of America rank for gross fixed capital formation?
- United States of America ranks 30th out of 167 countries with data for 2024.
- Is gross fixed capital formation rising or falling in United States of America?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
- Where does this United States of America 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 LCU). 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 varies by country. This series is expressed in local currency units.