Gross fixed capital formation (current US$), annual growth rate in Upper middle income
Upper middle income: Gross fixed capital formation (current US$), annual growth rate was 1.79 % change on previous year in 2024. ◆ Volatile
Latest (2024)
1.79 % change on previous year
Change on year
up 21.9%
Rank
37th
of 43 groups
All-time high
30.61 % change on previous year
in 1974
All-time low
-25.15 % change on previous year
in 1961
Years of data
64
1961–2024
Gross fixed capital formation (current US$), annual growth rate in Upper middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Upper middle income recorded 1.79 % change on previous year for gross fixed capital formation (current us$), annual growth rate in 2024.
Compared with earlier readings it is up 21.9% on the previous year and down 58.6% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Upper middle income peaked at 30.61 % change on previous year in 1974 and was at its lowest, -25.15 % change on previous year, in 1961.
Upper middle income ranks 37th of 43 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Upper middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -25.15 % change on previous year | — |
| 1962 | -14.17 % change on previous year | -43.7% |
| 1963 | 10.76 % change on previous year | -175.9% |
| 1964 | 26.78 % change on previous year | +149.0% |
| 1965 | 17.88 % change on previous year | -33.2% |
| 1966 | 12.13 % change on previous year | -32.2% |
| 1967 | -6.71 % change on previous year | -155.3% |
| 1968 | 2.53 % change on previous year | -137.7% |
| 1969 | 23.77 % change on previous year | +840.0% |
| 1970 | 19.2 % change on previous year | -19.2% |
| 1971 | 10.28 % change on previous year | -46.4% |
| 1972 | 17.21 % change on previous year | +67.4% |
| 1973 | 30.34 % change on previous year | +76.2% |
| 1974 | 30.61 % change on previous year | +0.9% |
| 1975 | 27.24 % change on previous year | -11.0% |
| 1976 | 11.1 % change on previous year | -59.2% |
| 1977 | 10.65 % change on previous year | -4.1% |
| 1978 | 9.58 % change on previous year | -10.0% |
| 1979 | 8.27 % change on previous year | -13.7% |
| 1980 | 19.59 % change on previous year | +136.9% |
| 1981 | 11.63 % change on previous year | -40.6% |
| 1982 | -3.34 % change on previous year | -128.7% |
| 1983 | -2.02 % change on previous year | -39.6% |
| 1984 | 2.91 % change on previous year | -244.1% |
| 1985 | 0.8288 % change on previous year | -71.5% |
| 1986 | 4.35 % change on previous year | +425.4% |
| 1987 | -1.89 % change on previous year | -143.4% |
| 1988 | 10.76 % change on previous year | -669.4% |
| 1989 | 10.39 % change on previous year | -3.5% |
| 1990 | 4.47 % change on previous year | -57.0% |
| 1991 | 2.65 % change on previous year | -40.8% |
| 1992 | 11.73 % change on previous year | +343.3% |
| 1993 | 15.83 % change on previous year | +34.9% |
| 1994 | 14.29 % change on previous year | -9.7% |
| 1995 | 11.87 % change on previous year | -16.9% |
| 1996 | 10.97 % change on previous year | -7.6% |
| 1997 | 5.07 % change on previous year | -53.8% |
| 1998 | -4.49 % change on previous year | -188.7% |
| 1999 | -6.08 % change on previous year | +35.4% |
| 2000 | 11.28 % change on previous year | -285.4% |
| 2001 | 1.67 % change on previous year | -85.2% |
| 2002 | 5.32 % change on previous year | +218.1% |
| 2003 | 17.36 % change on previous year | +226.2% |
| 2004 | 22.95 % change on previous year | +32.2% |
| 2005 | 19.36 % change on previous year | -15.6% |
| 2006 | 19.56 % change on previous year | +1.1% |
| 2007 | 24.53 % change on previous year | +25.4% |
| 2008 | 26.89 % change on previous year | +9.6% |
| 2009 | 6.82 % change on previous year | -74.6% |
| 2010 | 22.45 % change on previous year | +229.2% |
| 2011 | 21.48 % change on previous year | -4.3% |
| 2012 | 9.65 % change on previous year | -55.0% |
| 2013 | 8.17 % change on previous year | -15.4% |
| 2014 | 4.34 % change on previous year | -46.9% |
| 2015 | -3.53 % change on previous year | -181.4% |
| 2016 | -0.9493 % change on previous year | -73.1% |
| 2017 | 9.27 % change on previous year | -1076.1% |
| 2018 | 11.01 % change on previous year | +18.8% |
| 2019 | 1.74 % change on previous year | -84.2% |
| 2020 | -2.1 % change on previous year | -220.4% |
| 2021 | 19.23 % change on previous year | -1017.1% |
| 2022 | 2.66 % change on previous year | -86.2% |
| 2023 | 1.47 % change on previous year | -44.6% |
| 2024 | 1.79 % change on previous year | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.31 % change on previous year | -25.15 % change on previous year | 26.78 % change on previous year | 9 |
| 1970s | 17.45 % change on previous year | 8.27 % change on previous year | 30.61 % change on previous year | 10 |
| 1980s | 5.32 % change on previous year | -3.34 % change on previous year | 19.59 % change on previous year | 10 |
| 1990s | 6.63 % change on previous year | -6.08 % change on previous year | 15.83 % change on previous year | 10 |
| 2000s | 15.57 % change on previous year | 1.67 % change on previous year | 26.89 % change on previous year | 10 |
| 2010s | 8.36 % change on previous year | -3.53 % change on previous year | 22.45 % change on previous year | 10 |
| 2020s | 4.61 % change on previous year | -2.1 % change on previous year | 19.23 % change on previous year | 5 |
Countries ranked near Upper middle income
- 34 Cameroon 17.63 % change on previous year compare
- 35 Djibouti 17.36 % change on previous year compare
- 36 Benin 16.88 % change on previous year compare
- 37 Uzbekistan 16.76 % change on previous year compare
- 38 Tanzania, United Republic of 16.74 % change on previous year compare
- 39 Mali 16.6 % change on previous year compare
- 40 Latvia 16.57 % change on previous year compare
More economy & growth data for Upper middle income
- Industry (including construction), value added (current US$), per 0.3268 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 10.57 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.7% (2025)
- Industry (including construction), value added 32.7% (2025)
- Industry (including construction), value added (current US$), annual 1.89 % change on previous year (2025)
- Services, value added 19.09 trillion current US$ (2025)
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Services, value added 56.9% (2025)
- Services, value added (current US$), annual growth rate 6.12 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 3,432 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Upper middle income?
- Gross fixed capital formation (current us$), annual growth rate in Upper middle income was 1.79 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Upper middle income?
- The highest recorded value was 30.61 % change on previous year in 1974.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Upper middle income?
- The lowest recorded value was -25.15 % change on previous year in 1961.
- How does Upper middle income rank for gross fixed capital formation (current us$), annual growth rate?
- Upper middle income ranks 37th out of 43 groups with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Upper middle income?
- Over the last ten years it is down 58.6%. The long-run trend across the full record is volatile.
- Where does this Upper 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.