Gross fixed capital formation (current US$), per unit of GDP in Upper middle income

Upper middle income: Gross fixed capital formation (current US$), per unit of GDP was 0.3265 current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.3265 current US$ per US$ of GDP
Change on year
down 1.7%
Rank
5th
of 43 groups
All-time high
0.3448 current US$ per US$ of GDP
in 2021
All-time low
0.164 current US$ per US$ of GDP
in 1962
Years of data
65
1960–2024

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

00.10.20.3196019922024

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

Analysis

Upper middle income recorded 0.3265 current US$ per US$ of GDP for gross fixed capital formation (current us$), per unit of gdp in 2024.

That represents a change of down 1.7% on the previous year and down 2.6% over ten years.

Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Upper middle income peaked at 0.3448 current US$ per US$ of GDP in 2021 and was at its lowest, 0.164 current US$ per US$ of GDP, in 1962.

Upper middle income ranks 5th of 43 groups on this measure, in the top 10%.

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 Upper middle income, year by year

Annual values for Gross fixed capital formation (current US$), per unit of GDP in Upper middle income, 1960 to 2024.
Year current US$ per US$ of GDP Change
1960 0.2499 current US$ per US$ of GDP
1961 0.1887 current US$ per US$ of GDP -24.5%
1962 0.164 current US$ per US$ of GDP -13.1%
1963 0.1656 current US$ per US$ of GDP +0.9%
1964 0.1836 current US$ per US$ of GDP +10.9%
1965 0.1934 current US$ per US$ of GDP +5.3%
1966 0.1966 current US$ per US$ of GDP +1.7%
1967 0.1808 current US$ per US$ of GDP -8.0%
1968 0.175 current US$ per US$ of GDP -3.2%
1969 0.1931 current US$ per US$ of GDP +10.3%
1970 0.2114 current US$ per US$ of GDP +9.5%
1971 0.2142 current US$ per US$ of GDP +1.3%
1972 0.2191 current US$ per US$ of GDP +2.3%
1973 0.2171 current US$ per US$ of GDP -0.9%
1974 0.2201 current US$ per US$ of GDP +1.4%
1975 0.2533 current US$ per US$ of GDP +15.1%
1976 0.2595 current US$ per US$ of GDP +2.5%
1977 0.2559 current US$ per US$ of GDP -1.4%
1978 0.2546 current US$ per US$ of GDP -0.5%
1979 0.2364 current US$ per US$ of GDP -7.1%
1980 0.2413 current US$ per US$ of GDP +2.1%
1981 0.249 current US$ per US$ of GDP +3.2%
1982 0.2445 current US$ per US$ of GDP -1.8%
1983 0.2454 current US$ per US$ of GDP +0.4%
1984 0.2396 current US$ per US$ of GDP -2.4%
1985 0.2345 current US$ per US$ of GDP -2.1%
1986 0.2367 current US$ per US$ of GDP +0.9%
1987 0.2281 current US$ per US$ of GDP -3.6%
1988 0.2355 current US$ per US$ of GDP +3.2%
1989 0.2376 current US$ per US$ of GDP +0.9%
1990 0.214 current US$ per US$ of GDP -9.9%
1991 0.2254 current US$ per US$ of GDP +5.3%
1992 0.2351 current US$ per US$ of GDP +4.3%
1993 0.2473 current US$ per US$ of GDP +5.2%
1994 0.2505 current US$ per US$ of GDP +1.3%
1995 0.242 current US$ per US$ of GDP -3.4%
1996 0.2428 current US$ per US$ of GDP +0.3%
1997 0.2398 current US$ per US$ of GDP -1.2%
1998 0.2368 current US$ per US$ of GDP -1.2%
1999 0.2275 current US$ per US$ of GDP -3.9%
2000 0.2321 current US$ per US$ of GDP +2.0%
2001 0.2359 current US$ per US$ of GDP +1.6%
2002 0.246 current US$ per US$ of GDP +4.3%
2003 0.2593 current US$ per US$ of GDP +5.4%
2004 0.2707 current US$ per US$ of GDP +4.4%
2005 0.2719 current US$ per US$ of GDP +0.4%
2006 0.2756 current US$ per US$ of GDP +1.4%
2007 0.2793 current US$ per US$ of GDP +1.3%
2008 0.2928 current US$ per US$ of GDP +4.8%
2009 0.3146 current US$ per US$ of GDP +7.5%
2010 0.3149 current US$ per US$ of GDP +0.1%
2011 0.3204 current US$ per US$ of GDP +1.7%
2012 0.3286 current US$ per US$ of GDP +2.6%
2013 0.334 current US$ per US$ of GDP +1.6%
2014 0.3352 current US$ per US$ of GDP +0.4%
2015 0.3347 current US$ per US$ of GDP -0.1%
2016 0.3295 current US$ per US$ of GDP -1.6%
2017 0.3287 current US$ per US$ of GDP -0.2%
2018 0.341 current US$ per US$ of GDP +3.7%
2019 0.3406 current US$ per US$ of GDP -0.1%
2020 0.3438 current US$ per US$ of GDP +1.0%
2021 0.3448 current US$ per US$ of GDP +0.3%
2022 0.339 current US$ per US$ of GDP -1.7%
2023 0.3322 current US$ per US$ of GDP -2.0%
2024 0.3265 current US$ per US$ of GDP -1.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1891 current US$ per US$ of GDP 0.164 current US$ per US$ of GDP 0.2499 current US$ per US$ of GDP 10
1970s 0.2342 current US$ per US$ of GDP 0.2114 current US$ per US$ of GDP 0.2595 current US$ per US$ of GDP 10
1980s 0.2392 current US$ per US$ of GDP 0.2281 current US$ per US$ of GDP 0.249 current US$ per US$ of GDP 10
1990s 0.2361 current US$ per US$ of GDP 0.214 current US$ per US$ of GDP 0.2505 current US$ per US$ of GDP 10
2000s 0.2678 current US$ per US$ of GDP 0.2321 current US$ per US$ of GDP 0.3146 current US$ per US$ of GDP 10
2010s 0.3308 current US$ per US$ of GDP 0.3149 current US$ per US$ of GDP 0.341 current US$ per US$ of GDP 10
2020s 0.3373 current US$ per US$ of GDP 0.3265 current US$ per US$ of GDP 0.3448 current US$ per US$ of GDP 5

Countries ranked near Upper middle income

  1. 2 Bhutan 0.4215 current US$ per US$ of GDP compare
  2. 3 Gambia 0.4039 current US$ per US$ of GDP compare
  3. 4 China 0.3965 current US$ per US$ of GDP compare
  4. 5 Algeria 0.394 current US$ per US$ of GDP compare
  5. 6 Guinea 0.3807 current US$ per US$ of GDP compare
  6. 7 Suriname 0.3754 current US$ per US$ of GDP compare
  7. 8 Palau 0.3584 current US$ per US$ of GDP 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$), per unit of gdp in Upper middle income?
Gross fixed capital formation (current us$), per unit of gdp in Upper middle income was 0.3265 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Upper middle income?
The highest recorded value was 0.3448 current US$ per US$ of GDP in 2021.
What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Upper middle income?
The lowest recorded value was 0.164 current US$ per US$ of GDP in 1962.
How does Upper middle income rank for gross fixed capital formation (current us$), per unit of gdp?
Upper middle income ranks 5th out of 43 groups with data for 2024.
Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Upper middle income?
Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (current US$), per unit of GDP 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-unit-of-gdp/upper-middle-income/

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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

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$), per unit of GDP
Unit
current US$ per US$ of GDP
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$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.