Gross fixed capital formation (current US$), annual growth rate in Low & middle income
Low & middle income: Gross fixed capital formation (current US$), annual growth rate was 2.27 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.27 % change on previous year
Change on year
up 57.9%
Rank
32nd
of 43 groups
All-time high
29.1 % change on previous year
in 1974
All-time low
-17.32 % change on previous year
in 1961
Years of data
64
1961–2024
Gross fixed capital formation (current US$), annual growth rate in Low & middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current us$), annual growth rate in Low & middle income stood at 2.27 % change on previous year.
The figure is up 57.9% on the previous year and down 45.4% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Low & middle income peaked at 29.1 % change on previous year in 1974 and was at its lowest, -17.32 % change on previous year, in 1961.
Low & middle income ranks 32nd of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Low & middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -17.32 % change on previous year | — |
| 1962 | -7.81 % change on previous year | -54.9% |
| 1963 | 11.65 % change on previous year | -249.1% |
| 1964 | 22.19 % change on previous year | +90.5% |
| 1965 | 15.34 % change on previous year | -30.9% |
| 1966 | 3.42 % change on previous year | -77.7% |
| 1967 | -3.22 % change on previous year | -194.2% |
| 1968 | 3.98 % change on previous year | -223.5% |
| 1969 | 19.72 % change on previous year | +395.2% |
| 1970 | 15.83 % change on previous year | -19.7% |
| 1971 | 11.13 % change on previous year | -29.7% |
| 1972 | 15.33 % change on previous year | +37.8% |
| 1973 | 26.64 % change on previous year | +73.7% |
| 1974 | 29.1 % change on previous year | +9.2% |
| 1975 | 27.2 % change on previous year | -6.5% |
| 1976 | 12.34 % change on previous year | -54.6% |
| 1977 | 13.36 % change on previous year | +8.3% |
| 1978 | 11.02 % change on previous year | -17.5% |
| 1979 | 8.54 % change on previous year | -22.5% |
| 1980 | 18.51 % change on previous year | +116.8% |
| 1981 | 10.71 % change on previous year | -42.1% |
| 1982 | -1.83 % change on previous year | -117.1% |
| 1983 | -2 % change on previous year | +9.1% |
| 1984 | 0.6629 % change on previous year | -133.2% |
| 1985 | 2.37 % change on previous year | +257.4% |
| 1986 | 5.94 % change on previous year | +150.8% |
| 1987 | 0.6544 % change on previous year | -89.0% |
| 1988 | 9.39 % change on previous year | +1334.3% |
| 1989 | 7.83 % change on previous year | -16.6% |
| 1990 | 6.07 % change on previous year | -22.4% |
| 1991 | -0.3427 % change on previous year | -105.6% |
| 1992 | 10.53 % change on previous year | -3172.2% |
| 1993 | 11.88 % change on previous year | +12.8% |
| 1994 | 13.6 % change on previous year | +14.5% |
| 1995 | 12.02 % change on previous year | -11.6% |
| 1996 | 10.58 % change on previous year | -11.9% |
| 1997 | 5.31 % change on previous year | -49.8% |
| 1998 | -3.42 % change on previous year | -164.4% |
| 1999 | -3.44 % change on previous year | +0.8% |
| 2000 | 9.43 % change on previous year | -373.9% |
| 2001 | 3.06 % change on previous year | -67.6% |
| 2002 | 4.32 % change on previous year | +41.1% |
| 2003 | 17 % change on previous year | +293.7% |
| 2004 | 22.76 % change on previous year | +33.9% |
| 2005 | 19.56 % change on previous year | -14.1% |
| 2006 | 19.16 % change on previous year | -2.1% |
| 2007 | 25.98 % change on previous year | +35.6% |
| 2008 | 22.87 % change on previous year | -12.0% |
| 2009 | 6.68 % change on previous year | -70.8% |
| 2010 | 21.36 % change on previous year | +220.0% |
| 2011 | 19.91 % change on previous year | -6.8% |
| 2012 | 8.26 % change on previous year | -58.5% |
| 2013 | 7.02 % change on previous year | -15.0% |
| 2014 | 4.16 % change on previous year | -40.7% |
| 2015 | -3.4 % change on previous year | -181.7% |
| 2016 | -0.159 % change on previous year | -95.3% |
| 2017 | 9.53 % change on previous year | -6094.8% |
| 2018 | 10.44 % change on previous year | +9.5% |
| 2019 | 1.78 % change on previous year | -83.0% |
| 2020 | -2.96 % change on previous year | -266.5% |
| 2021 | 19.57 % change on previous year | -761.2% |
| 2022 | 3.91 % change on previous year | -80.0% |
| 2023 | 1.44 % change on previous year | -63.2% |
| 2024 | 2.27 % change on previous year | +57.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.33 % change on previous year | -17.32 % change on previous year | 22.19 % change on previous year | 9 |
| 1970s | 17.05 % change on previous year | 8.54 % change on previous year | 29.1 % change on previous year | 10 |
| 1980s | 5.22 % change on previous year | -2 % change on previous year | 18.51 % change on previous year | 10 |
| 1990s | 6.28 % change on previous year | -3.44 % change on previous year | 13.6 % change on previous year | 10 |
| 2000s | 15.08 % change on previous year | 3.06 % change on previous year | 25.98 % change on previous year | 10 |
| 2010s | 7.89 % change on previous year | -3.4 % change on previous year | 21.36 % change on previous year | 10 |
| 2020s | 4.85 % change on previous year | -2.96 % change on previous year | 19.57 % change on previous year | 5 |
Countries ranked near Low & middle income
- 29 Curaçao 19.03 % change on previous year compare
- 30 Sri Lanka 18.92 % change on previous year compare
- 31 Montenegro 18.31 % change on previous year compare
- 32 Palau 17.94 % change on previous year compare
- 33 Ukraine 17.78 % change on previous year compare
- 34 Cameroon 17.63 % change on previous year compare
- 35 Djibouti 17.36 % change on previous year compare
More economy & growth data for Low & middle income
- Industry (including construction), value added (current US$), per 0.3233 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 13.41 trillion current US$ (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Services, value added 57.6% (2025)
- Services, value added (current US$), annual growth rate 6.51 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 1,913 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Low & middle income?
- Gross fixed capital formation (current us$), annual growth rate in Low & middle income was 2.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Low & middle income?
- The highest recorded value was 29.1 % change on previous year in 1974.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Low & middle income?
- The lowest recorded value was -17.32 % change on previous year in 1961.
- How does Low & middle income rank for gross fixed capital formation (current us$), annual growth rate?
- Low & middle income ranks 32nd out of 43 groups with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Low & middle income?
- Over the last ten years it is down 45.4%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.