Gross fixed capital formation (current US$), annual growth rate in OECD members
OECD members: Gross fixed capital formation (current US$), annual growth rate was 2.62 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current US$), annual growth rate in OECD members, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current us$), annual growth rate in OECD members stood at 2.62 % change on previous year.
Compared with earlier readings it is down 62.5% on the previous year and down 24.8% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in OECD members peaked at 25.01 % change on previous year in 1973 and was at its lowest, -14.03 % change on previous year, in 2009.
That places OECD members 26th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in OECD members, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.1 % change on previous year | — |
| 1972 | 19.24 % change on previous year | +59.0% |
| 1973 | 25.01 % change on previous year | +30.0% |
| 1974 | 10.1 % change on previous year | -59.6% |
| 1975 | 7.06 % change on previous year | -30.1% |
| 1976 | 7.19 % change on previous year | +1.8% |
| 1977 | 14.41 % change on previous year | +100.5% |
| 1978 | 23.64 % change on previous year | +64.1% |
| 1979 | 17.09 % change on previous year | -27.7% |
| 1980 | 10.29 % change on previous year | -39.8% |
| 1981 | 0.0795 % change on previous year | -99.2% |
| 1982 | -5.62 % change on previous year | -7174.7% |
| 1983 | 0.8566 % change on previous year | -115.2% |
| 1984 | 5.64 % change on previous year | +558.0% |
| 1985 | 6.2 % change on previous year | +9.9% |
| 1986 | 22.44 % change on previous year | +262.1% |
| 1987 | 17.07 % change on previous year | -23.9% |
| 1988 | 16.03 % change on previous year | -6.1% |
| 1989 | 5.88 % change on previous year | -63.3% |
| 1990 | 11.71 % change on previous year | +99.1% |
| 1991 | 3.19 % change on previous year | -72.8% |
| 1992 | 4.4 % change on previous year | +38.1% |
| 1993 | 0.0454 % change on previous year | -99.0% |
| 1994 | 6.83 % change on previous year | +14929.9% |
| 1995 | 10.55 % change on previous year | +54.5% |
| 1996 | 1.3 % change on previous year | -87.7% |
| 1997 | -3 % change on previous year | -331.0% |
| 1998 | -0.3189 % change on previous year | -89.4% |
| 1999 | 6.38 % change on previous year | -2101.1% |
| 2000 | 3.82 % change on previous year | -40.2% |
| 2001 | -4.08 % change on previous year | -207.0% |
| 2002 | 0.4458 % change on previous year | -110.9% |
| 2003 | 11.35 % change on previous year | +2445.8% |
| 2004 | 12.49 % change on previous year | +10.1% |
| 2005 | 8.21 % change on previous year | -34.3% |
| 2006 | 7.16 % change on previous year | -12.7% |
| 2007 | 9.07 % change on previous year | +26.6% |
| 2008 | 4.47 % change on previous year | -50.7% |
| 2009 | -14.03 % change on previous year | -414.0% |
| 2010 | 3.06 % change on previous year | -121.8% |
| 2011 | 9.55 % change on previous year | +212.4% |
| 2012 | 1.24 % change on previous year | -87.0% |
| 2013 | 0.9824 % change on previous year | -20.9% |
| 2014 | 3.48 % change on previous year | +254.3% |
| 2015 | -4.57 % change on previous year | -231.3% |
| 2016 | 2.48 % change on previous year | -154.2% |
| 2017 | 5.65 % change on previous year | +127.9% |
| 2018 | 6.69 % change on previous year | +18.4% |
| 2019 | 2.18 % change on previous year | -67.4% |
| 2020 | -1.87 % change on previous year | -185.7% |
| 2021 | 11.19 % change on previous year | -699.2% |
| 2022 | 3.1 % change on previous year | -72.2% |
| 2023 | 6.98 % change on previous year | +124.9% |
| 2024 | 2.62 % change on previous year | -62.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.09 % change on previous year | 7.06 % change on previous year | 25.01 % change on previous year | 9 |
| 1980s | 7.89 % change on previous year | -5.62 % change on previous year | 22.44 % change on previous year | 10 |
| 1990s | 4.11 % change on previous year | -3 % change on previous year | 11.71 % change on previous year | 10 |
| 2000s | 3.89 % change on previous year | -14.03 % change on previous year | 12.49 % change on previous year | 10 |
| 2010s | 3.07 % change on previous year | -4.57 % change on previous year | 9.55 % change on previous year | 10 |
| 2020s | 4.41 % change on previous year | -1.87 % change on previous year | 11.19 % change on previous year | 5 |
Countries ranked near OECD members
- 23 Nicaragua 20.96 % change on previous year compare
- 24 Russian Federation 20.57 % change on previous year compare
- 25 Republic of Moldova 20.07 % change on previous year compare
- 26 Pakistan 19.9 % change on previous year compare
- 27 Iraq 19.74 % change on previous year compare
- 28 Algeria 19.29 % change on previous year compare
- 29 Curaçao 19.03 % change on previous year compare
More economy & growth data for OECD members
- Industry (including construction), value added (current US$), annual 0.1566 % change on previous year (2022)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 21.2% (2022)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1116 constant 2015 US$ per US$ of GDP (2024)
- Services, value added 41.66 trillion current US$ (2021)
- Services, value added 69.8% (2021)
- Manufacturing, value added (constant 2015 US$), per capita 5,457 constant 2015 US$ per person (2024)
- Services, value added (current US$), annual growth rate 10.69 % change on previous year (2021)
- Industry (including construction), value added (constant 2015 US$) 8,332 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in OECD members?
- Gross fixed capital formation (current us$), annual growth rate in OECD members was 2.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in OECD members?
- The highest recorded value was 25.01 % change on previous year in 1973.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in OECD members?
- The lowest recorded value was -14.03 % change on previous year in 2009.
- How does OECD members rank for gross fixed capital formation (current us$), annual growth rate?
- OECD members ranks 26th out of 43 groups with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in OECD members?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is volatile.
- Where does this OECD members data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). 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.