Gross fixed capital formation in IBRD only
IBRD only: Gross fixed capital formation was 12.66 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
12.66 trillion current US$
Change on year
up 2.4%
Rank
6th
of 43 groups
All-time high
12.66 trillion current US$
in 2024
All-time low
53.97 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in IBRD only, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in IBRD only stood at 12.66 trillion current US$. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 46.1% over ten years.
Over the whole period, gross fixed capital formation in IBRD only peaked at 12.66 trillion current US$ in 2024 and was at its lowest, 53.97 billion current US$, in 1962.
IBRD only ranks 6th of 43 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in IBRD only, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 70.44 billion current US$ | — |
| 1961 | 58.47 billion current US$ | -17.0% |
| 1962 | 53.97 billion current US$ | -7.7% |
| 1963 | 60.27 billion current US$ | +11.7% |
| 1964 | 73.25 billion current US$ | +21.5% |
| 1965 | 84.02 billion current US$ | +14.7% |
| 1966 | 87.26 billion current US$ | +3.9% |
| 1967 | 83.84 billion current US$ | -3.9% |
| 1968 | 87.04 billion current US$ | +3.8% |
| 1969 | 104.63 billion current US$ | +20.2% |
| 1970 | 120.76 billion current US$ | +15.4% |
| 1971 | 134.73 billion current US$ | +11.6% |
| 1972 | 155.75 billion current US$ | +15.6% |
| 1973 | 199.07 billion current US$ | +27.8% |
| 1974 | 257.62 billion current US$ | +29.4% |
| 1975 | 323.85 billion current US$ | +25.7% |
| 1976 | 363.23 billion current US$ | +12.2% |
| 1977 | 411.30 billion current US$ | +13.2% |
| 1978 | 455.73 billion current US$ | +10.8% |
| 1979 | 495.62 billion current US$ | +8.8% |
| 1980 | 588.03 billion current US$ | +18.6% |
| 1981 | 653.79 billion current US$ | +11.2% |
| 1982 | 634.79 billion current US$ | -2.9% |
| 1983 | 620.04 billion current US$ | -2.3% |
| 1984 | 625.22 billion current US$ | +0.8% |
| 1985 | 642.32 billion current US$ | +2.7% |
| 1986 | 679.53 billion current US$ | +5.8% |
| 1987 | 687.35 billion current US$ | +1.2% |
| 1988 | 752.50 billion current US$ | +9.5% |
| 1989 | 814.22 billion current US$ | +8.2% |
| 1990 | 835.28 billion current US$ | +2.6% |
| 1991 | 794.40 billion current US$ | -4.9% |
| 1992 | 864.08 billion current US$ | +8.8% |
| 1993 | 937.66 billion current US$ | +8.5% |
| 1994 | 1.06 trillion current US$ | +12.7% |
| 1995 | 1.18 trillion current US$ | +11.7% |
| 1996 | 1.29 trillion current US$ | +9.4% |
| 1997 | 1.36 trillion current US$ | +5.3% |
| 1998 | 1.29 trillion current US$ | -5.1% |
| 1999 | 1.22 trillion current US$ | -5.1% |
| 2000 | 1.34 trillion current US$ | +9.5% |
| 2001 | 1.40 trillion current US$ | +4.1% |
| 2002 | 1.46 trillion current US$ | +4.3% |
| 2003 | 1.71 trillion current US$ | +17.5% |
| 2004 | 2.11 trillion current US$ | +23.6% |
| 2005 | 2.54 trillion current US$ | +20.4% |
| 2006 | 3.06 trillion current US$ | +20.3% |
| 2007 | 3.94 trillion current US$ | +28.6% |
| 2008 | 4.89 trillion current US$ | +24.3% |
| 2009 | 5.00 trillion current US$ | +2.3% |
| 2010 | 6.05 trillion current US$ | +20.9% |
| 2011 | 7.30 trillion current US$ | +20.7% |
| 2012 | 7.90 trillion current US$ | +8.2% |
| 2013 | 8.42 trillion current US$ | +6.6% |
| 2014 | 8.67 trillion current US$ | +3.0% |
| 2015 | 8.19 trillion current US$ | -5.5% |
| 2016 | 8.13 trillion current US$ | -0.7% |
| 2017 | 8.95 trillion current US$ | +10.0% |
| 2018 | 9.85 trillion current US$ | +10.1% |
| 2019 | 10.03 trillion current US$ | +1.9% |
| 2020 | 9.71 trillion current US$ | -3.2% |
| 2021 | 11.59 trillion current US$ | +19.4% |
| 2022 | 12.11 trillion current US$ | +4.5% |
| 2023 | 12.36 trillion current US$ | +2.1% |
| 2024 | 12.66 trillion current US$ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 76.32 billion current US$ | 53.97 billion current US$ | 104.63 billion current US$ | 10 |
| 1970s | 291.77 billion current US$ | 120.76 billion current US$ | 495.62 billion current US$ | 10 |
| 1980s | 669.78 billion current US$ | 588.03 billion current US$ | 814.22 billion current US$ | 10 |
| 1990s | 1.08 trillion current US$ | 794.40 billion current US$ | 1.36 trillion current US$ | 10 |
| 2000s | 2.74 trillion current US$ | 1.34 trillion current US$ | 5.00 trillion current US$ | 10 |
| 2010s | 8.35 trillion current US$ | 6.05 trillion current US$ | 10.03 trillion current US$ | 10 |
| 2020s | 11.69 trillion current US$ | 9.71 trillion current US$ | 12.66 trillion current US$ | 5 |
Countries ranked near IBRD only
- 3 India 1.25 trillion current US$ compare
- 4 Japan 1.17 trillion current US$ compare
- 5 Germany 1.03 trillion current US$ compare
- 6 United Kingdom 755.83 billion current US$ compare
- 7 France 741.24 billion current US$ compare
- 8 Russia 591.40 billion current US$ compare
- 9 Italy 557.13 billion current US$ compare
More economy & growth data for IBRD only
- Foreign direct investment, net outflows (BoP, current US$), gaps 265.04 billion BoP, current US$ (2025)
- Gross capital formation (current US$), annual growth rate 2.59 % change on previous year (2024)
- GDP 43.06 trillion current US$ (2025)
- Inflation, GDP deflator 3.9% (2025)
- Gross capital formation (current US$), per capita 2,651 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.3239 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3106 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 2,247 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 2.41 % change on previous year (2024)
- GDP 39.04 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in IBRD only?
- Gross fixed capital formation in IBRD only was 12.66 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in IBRD only?
- The highest recorded value was 12.66 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in IBRD only?
- The lowest recorded value was 53.97 billion current US$ in 1962.
- How does IBRD only rank for gross fixed capital formation?
- IBRD only ranks 6th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in IBRD only?
- Over the last ten years it is up 46.1%. The long-run trend across the full record is volatile.
- Where does this IBRD only data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.