Gross fixed capital formation (current US$), per capita in Upper middle income

Upper middle income: Gross fixed capital formation (current US$), per capita was 3,410 current US$ per person in 2024. ◆ Volatile

Latest (2024)
3,410 current US$ per person
Change on year
up 1.4%
Rank
16th
of 43 groups
All-time high
3,410 current US$ per person
in 2024
All-time low
23.09 current US$ per person
in 1962
Years of data
65
1960–2024

Gross fixed capital formation (current US$), per capita in Upper middle income, 1960–2024

01.0k2.0k3.0k196019922024

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

In 2024, gross fixed capital formation (current us$), per capita in Upper middle income stood at 3,410 current US$ per person. That is the highest value across all 65 years on record.

The figure is up 1.4% on the previous year and up 37.5% over ten years.

Over the whole period, gross fixed capital formation (current us$), per capita in Upper middle income peaked at 3,410 current US$ per person in 2024 and was at its lowest, 23.09 current US$ per person, in 1962.

That places Upper middle income 16th 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$), per capita in Upper middle income, year by year

Annual values for Gross fixed capital formation (current US$), per capita in Upper middle income, 1960 to 2024.
Year current US$ per person Change
1960 36.78 current US$ per person
1961 27.35 current US$ per person -25.6%
1962 23.09 current US$ per person -15.6%
1963 24.93 current US$ per person +8.0%
1964 30.84 current US$ per person +23.7%
1965 35.47 current US$ per person +15.0%
1966 38.74 current US$ per person +9.2%
1967 35.24 current US$ per person -9.0%
1968 35.22 current US$ per person -0.0%
1969 42.48 current US$ per person +20.6%
1970 49.34 current US$ per person +16.2%
1971 53.03 current US$ per person +7.5%
1972 60.69 current US$ per person +14.4%
1973 77.31 current US$ per person +27.4%
1974 98.82 current US$ per person +27.8%
1975 123.25 current US$ per person +24.7%
1976 134.36 current US$ per person +9.0%
1977 146.02 current US$ per person +8.7%
1978 157.2 current US$ per person +7.7%
1979 167.23 current US$ per person +6.4%
1980 196.58 current US$ per person +17.5%
1981 215.6 current US$ per person +9.7%
1982 204.55 current US$ per person -5.1%
1983 196.81 current US$ per person -3.8%
1984 199.03 current US$ per person +1.1%
1985 197.21 current US$ per person -0.9%
1986 202.16 current US$ per person +2.5%
1987 194.76 current US$ per person -3.7%
1988 211.88 current US$ per person +8.8%
1989 229.88 current US$ per person +8.5%
1990 236.2 current US$ per person +2.7%
1991 238.7 current US$ per person +1.1%
1992 262.85 current US$ per person +10.1%
1993 300.31 current US$ per person +14.3%
1994 338.76 current US$ per person +12.8%
1995 374.2 current US$ per person +10.5%
1996 410.11 current US$ per person +9.6%
1997 425.68 current US$ per person +3.8%
1998 401.8 current US$ per person -5.6%
1999 373.17 current US$ per person -7.1%
2000 410.86 current US$ per person +10.1%
2001 413.55 current US$ per person +0.7%
2002 431.47 current US$ per person +4.3%
2003 501.77 current US$ per person +16.3%
2004 611.36 current US$ per person +21.8%
2005 723.18 current US$ per person +18.3%
2006 857.1 current US$ per person +18.5%
2007 1,059 current US$ per person +23.5%
2008 1,332 current US$ per person +25.8%
2009 1,410 current US$ per person +5.9%
2010 1,712 current US$ per person +21.4%
2011 2,061 current US$ per person +20.4%
2012 2,239 current US$ per person +8.6%
2013 2,399 current US$ per person +7.2%
2014 2,480 current US$ per person +3.4%
2015 2,371 current US$ per person -4.4%
2016 2,329 current US$ per person -1.8%
2017 2,523 current US$ per person +8.4%
2018 2,779 current US$ per person +10.1%
2019 2,808 current US$ per person +1.0%
2020 2,733 current US$ per person -2.7%
2021 3,245 current US$ per person +18.7%
2022 3,321 current US$ per person +2.4%
2023 3,362 current US$ per person +1.2%
2024 3,410 current US$ per person +1.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 33.01 current US$ per person 23.09 current US$ per person 42.48 current US$ per person 10
1970s 106.72 current US$ per person 49.34 current US$ per person 167.23 current US$ per person 10
1980s 204.85 current US$ per person 194.76 current US$ per person 229.88 current US$ per person 10
1990s 336.18 current US$ per person 236.2 current US$ per person 425.68 current US$ per person 10
2000s 774.94 current US$ per person 410.86 current US$ per person 1,410 current US$ per person 10
2010s 2,370 current US$ per person 1,712 current US$ per person 2,808 current US$ per person 10
2020s 3,214 current US$ per person 2,733 current US$ per person 3,410 current US$ per person 5

Countries ranked near Upper middle income

  1. 13 Austria 14,805 current US$ per person compare
  2. 14 Netherlands 14,588 current US$ per person compare
  3. 15 Belgium 14,516 current US$ per person compare
  4. 16 Israel 14,363 current US$ per person compare
  5. 17 Canada 12,756 current US$ per person compare
  6. 18 Germany 12,288 current US$ per person compare
  7. 19 Finland 12,260 current US$ per person compare

See the full ranking of 224 places →

More economy & growth data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is gross fixed capital formation (current us$), per capita in Upper middle income?
Gross fixed capital formation (current us$), per capita in Upper middle income was 3,410 current US$ per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation (current us$), per capita recorded in Upper middle income?
The highest recorded value was 3,410 current US$ per person in 2024.
What is the lowest gross fixed capital formation (current us$), per capita recorded in Upper middle income?
The lowest recorded value was 23.09 current US$ per person in 1962.
How does Upper middle income rank for gross fixed capital formation (current us$), per capita?
Upper middle income ranks 16th out of 43 groups with data for 2024.
Is gross fixed capital formation (current us$), per capita rising or falling in Upper middle income?
Over the last ten years it is up 37.5%. 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$), per capita. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (current US$), per capita in Upper middle income. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-current-us-per-capita/upper-middle-income/

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How this figure is calculated

Gross fixed capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross fixed capital formation (current US$) ÷ Population, total

Computed from

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

Indicator
Gross fixed capital formation (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
224 places, 10,322 data points, 1960–2025
Last refreshed

Gross fixed capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.