Gross fixed capital formation (current US$), per unit of GDP in Low & middle income
Low & middle income: Gross fixed capital formation (current US$), per unit of GDP was 0.3198 current US$ per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current US$), per unit of GDP in Low & middle income, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in Low & middle income stood at 0.3198 current US$ per US$ of GDP.
Compared with earlier readings it is down 1.2% on the previous year and down 0.3% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Low & middle income peaked at 0.331 current US$ per US$ of GDP in 2021 and was at its lowest, 0.1558 current US$ per US$ of GDP, in 1962.
That places Low & middle income 7th out of 43 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Low & middle income, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2111 current US$ per US$ of GDP | — |
| 1961 | 0.1721 current US$ per US$ of GDP | -18.5% |
| 1962 | 0.1558 current US$ per US$ of GDP | -9.5% |
| 1963 | 0.157 current US$ per US$ of GDP | +0.8% |
| 1964 | 0.1726 current US$ per US$ of GDP | +10.0% |
| 1965 | 0.1807 current US$ per US$ of GDP | +4.6% |
| 1966 | 0.18 current US$ per US$ of GDP | -0.3% |
| 1967 | 0.1696 current US$ per US$ of GDP | -5.8% |
| 1968 | 0.1662 current US$ per US$ of GDP | -2.0% |
| 1969 | 0.1783 current US$ per US$ of GDP | +7.3% |
| 1970 | 0.1891 current US$ per US$ of GDP | +6.1% |
| 1971 | 0.1952 current US$ per US$ of GDP | +3.2% |
| 1972 | 0.2007 current US$ per US$ of GDP | +2.8% |
| 1973 | 0.1997 current US$ per US$ of GDP | -0.5% |
| 1974 | 0.2017 current US$ per US$ of GDP | +1.0% |
| 1975 | 0.2323 current US$ per US$ of GDP | +15.2% |
| 1976 | 0.2422 current US$ per US$ of GDP | +4.2% |
| 1977 | 0.2444 current US$ per US$ of GDP | +0.9% |
| 1978 | 0.2445 current US$ per US$ of GDP | +0.1% |
| 1979 | 0.2286 current US$ per US$ of GDP | -6.5% |
| 1980 | 0.2291 current US$ per US$ of GDP | +0.2% |
| 1981 | 0.2266 current US$ per US$ of GDP | -1.1% |
| 1982 | 0.2253 current US$ per US$ of GDP | -0.5% |
| 1983 | 0.2276 current US$ per US$ of GDP | +1.0% |
| 1984 | 0.224 current US$ per US$ of GDP | -1.6% |
| 1985 | 0.2208 current US$ per US$ of GDP | -1.5% |
| 1986 | 0.2293 current US$ per US$ of GDP | +3.9% |
| 1987 | 0.2249 current US$ per US$ of GDP | -1.9% |
| 1988 | 0.2298 current US$ per US$ of GDP | +2.2% |
| 1989 | 0.2329 current US$ per US$ of GDP | +1.3% |
| 1990 | 0.2155 current US$ per US$ of GDP | -7.5% |
| 1991 | 0.2202 current US$ per US$ of GDP | +2.2% |
| 1992 | 0.2319 current US$ per US$ of GDP | +5.3% |
| 1993 | 0.2403 current US$ per US$ of GDP | +3.6% |
| 1994 | 0.2441 current US$ per US$ of GDP | +1.6% |
| 1995 | 0.2354 current US$ per US$ of GDP | -3.6% |
| 1996 | 0.2352 current US$ per US$ of GDP | -0.1% |
| 1997 | 0.2328 current US$ per US$ of GDP | -1.0% |
| 1998 | 0.2287 current US$ per US$ of GDP | -1.8% |
| 1999 | 0.2289 current US$ per US$ of GDP | +0.1% |
| 2000 | 0.2299 current US$ per US$ of GDP | +0.4% |
| 2001 | 0.2363 current US$ per US$ of GDP | +2.8% |
| 2002 | 0.243 current US$ per US$ of GDP | +2.8% |
| 2003 | 0.2547 current US$ per US$ of GDP | +4.8% |
| 2004 | 0.2659 current US$ per US$ of GDP | +4.4% |
| 2005 | 0.2688 current US$ per US$ of GDP | +1.1% |
| 2006 | 0.2717 current US$ per US$ of GDP | +1.1% |
| 2007 | 0.2785 current US$ per US$ of GDP | +2.5% |
| 2008 | 0.2872 current US$ per US$ of GDP | +3.1% |
| 2009 | 0.3052 current US$ per US$ of GDP | +6.3% |
| 2010 | 0.3047 current US$ per US$ of GDP | -0.2% |
| 2011 | 0.3123 current US$ per US$ of GDP | +2.5% |
| 2012 | 0.3175 current US$ per US$ of GDP | +1.6% |
| 2013 | 0.3216 current US$ per US$ of GDP | +1.3% |
| 2014 | 0.3206 current US$ per US$ of GDP | -0.3% |
| 2015 | 0.3201 current US$ per US$ of GDP | -0.2% |
| 2016 | 0.3164 current US$ per US$ of GDP | -1.2% |
| 2017 | 0.3172 current US$ per US$ of GDP | +0.2% |
| 2018 | 0.3293 current US$ per US$ of GDP | +3.8% |
| 2019 | 0.3254 current US$ per US$ of GDP | -1.2% |
| 2020 | 0.3264 current US$ per US$ of GDP | +0.3% |
| 2021 | 0.331 current US$ per US$ of GDP | +1.4% |
| 2022 | 0.3282 current US$ per US$ of GDP | -0.8% |
| 2023 | 0.3236 current US$ per US$ of GDP | -1.4% |
| 2024 | 0.3198 current US$ per US$ of GDP | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1743 current US$ per US$ of GDP | 0.1558 current US$ per US$ of GDP | 0.2111 current US$ per US$ of GDP | 10 |
| 1970s | 0.2178 current US$ per US$ of GDP | 0.1891 current US$ per US$ of GDP | 0.2445 current US$ per US$ of GDP | 10 |
| 1980s | 0.227 current US$ per US$ of GDP | 0.2208 current US$ per US$ of GDP | 0.2329 current US$ per US$ of GDP | 10 |
| 1990s | 0.2313 current US$ per US$ of GDP | 0.2155 current US$ per US$ of GDP | 0.2441 current US$ per US$ of GDP | 10 |
| 2000s | 0.2641 current US$ per US$ of GDP | 0.2299 current US$ per US$ of GDP | 0.3052 current US$ per US$ of GDP | 10 |
| 2010s | 0.3185 current US$ per US$ of GDP | 0.3047 current US$ per US$ of GDP | 0.3293 current US$ per US$ of GDP | 10 |
| 2020s | 0.3258 current US$ per US$ of GDP | 0.3198 current US$ per US$ of GDP | 0.331 current US$ per US$ of GDP | 5 |
Countries ranked near Low & middle income
- 4 China 0.3965 current US$ per US$ of GDP compare
- 5 Algeria 0.394 current US$ per US$ of GDP compare
- 6 Guinea 0.3807 current US$ per US$ of GDP compare
- 7 Suriname 0.3754 current US$ per US$ of GDP compare
- 8 Palau 0.3584 current US$ per US$ of GDP compare
- 9 Benin 0.3543 current US$ per US$ of GDP compare
- 10 Maldives 0.3484 current US$ per US$ of GDP compare
More economy & growth data for Low & middle income
- GDP (constant 2015 US$), annual growth rate 4.53 % change on previous year (2025)
- Gross capital formation 2.7% (2025)
- Gross capital formation 33.2% (2024)
- Imports of goods and services 10.10 trillion current US$ (2025)
- Imports of goods and services 24.3% (2025)
- External balance on goods and services 0.9% (2025)
- Trade 48.5% (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 13.41 trillion current US$ (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9385 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Low & middle income?
- Gross fixed capital formation (current us$), per unit of gdp in Low & middle income was 0.3198 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Low & middle income?
- The highest recorded value was 0.331 current US$ per US$ of GDP in 2021.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Low & middle income?
- The lowest recorded value was 0.1558 current US$ per US$ of GDP in 1962.
- How does Low & middle income rank for gross fixed capital formation (current us$), per unit of gdp?
- Low & middle income ranks 7th out of 43 groups with data for 2024.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Low & middle income?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.