Gross fixed capital formation (current US$) in IDA & IBRD total
IDA & IBRD total: Gross fixed capital formation (current US$) was 13.52 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
13.52 trillion current US$
Change on year
up 2.6%
Rank
5th
of 43 groups
All-time high
13.52 trillion current US$
in 2024
All-time low
59.28 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in IDA & IBRD total is 13.52 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
The figure is up 2.6% on the previous year and up 46.6% over ten years.
Over the whole period, gross fixed capital formation in IDA & IBRD total peaked at 13.52 trillion current US$ in 2024 and was at its lowest, 59.28 billion current US$, in 1962.
IDA & IBRD total ranks 5th of 43 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in IDA & IBRD total, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 76.21 billion current US$ | — |
| 1961 | 63.83 billion current US$ | -16.2% |
| 1962 | 59.28 billion current US$ | -7.1% |
| 1963 | 65.82 billion current US$ | +11.0% |
| 1964 | 79.88 billion current US$ | +21.4% |
| 1965 | 91.77 billion current US$ | +14.9% |
| 1966 | 95.18 billion current US$ | +3.7% |
| 1967 | 92.29 billion current US$ | -3.0% |
| 1968 | 95.86 billion current US$ | +3.9% |
| 1969 | 114.65 billion current US$ | +19.6% |
| 1970 | 132.39 billion current US$ | +15.5% |
| 1971 | 147.64 billion current US$ | +11.5% |
| 1972 | 169.45 billion current US$ | +14.8% |
| 1973 | 214.76 billion current US$ | +26.7% |
| 1974 | 277.96 billion current US$ | +29.4% |
| 1975 | 350.34 billion current US$ | +26.0% |
| 1976 | 393.86 billion current US$ | +12.4% |
| 1977 | 447.12 billion current US$ | +13.5% |
| 1978 | 496.52 billion current US$ | +11.0% |
| 1979 | 540.88 billion current US$ | +8.9% |
| 1980 | 643.54 billion current US$ | +19.0% |
| 1981 | 713.69 billion current US$ | +10.9% |
| 1982 | 693.93 billion current US$ | -2.8% |
| 1983 | 676.20 billion current US$ | -2.6% |
| 1984 | 680.06 billion current US$ | +0.6% |
| 1985 | 696.61 billion current US$ | +2.4% |
| 1986 | 738.75 billion current US$ | +6.1% |
| 1987 | 749.51 billion current US$ | +1.5% |
| 1988 | 816.44 billion current US$ | +8.9% |
| 1989 | 881.32 billion current US$ | +7.9% |
| 1990 | 908.16 billion current US$ | +3.0% |
| 1991 | 869.49 billion current US$ | -4.3% |
| 1992 | 941.82 billion current US$ | +8.3% |
| 1993 | 1.02 trillion current US$ | +8.0% |
| 1994 | 1.14 trillion current US$ | +12.1% |
| 1995 | 1.27 trillion current US$ | +11.3% |
| 1996 | 1.39 trillion current US$ | +9.5% |
| 1997 | 1.46 trillion current US$ | +5.0% |
| 1998 | 1.39 trillion current US$ | -4.7% |
| 1999 | 1.32 trillion current US$ | -5.0% |
| 2000 | 1.45 trillion current US$ | +9.8% |
| 2001 | 1.51 trillion current US$ | +3.8% |
| 2002 | 1.57 trillion current US$ | +4.1% |
| 2003 | 1.84 trillion current US$ | +17.4% |
| 2004 | 2.27 trillion current US$ | +23.3% |
| 2005 | 2.73 trillion current US$ | +20.1% |
| 2006 | 3.28 trillion current US$ | +20.2% |
| 2007 | 4.21 trillion current US$ | +28.2% |
| 2008 | 5.23 trillion current US$ | +24.1% |
| 2009 | 5.34 trillion current US$ | +2.2% |
| 2010 | 6.44 trillion current US$ | +20.5% |
| 2011 | 7.75 trillion current US$ | +20.5% |
| 2012 | 8.37 trillion current US$ | +8.0% |
| 2013 | 8.94 trillion current US$ | +6.8% |
| 2014 | 9.22 trillion current US$ | +3.2% |
| 2015 | 8.75 trillion current US$ | -5.2% |
| 2016 | 8.71 trillion current US$ | -0.4% |
| 2017 | 9.58 trillion current US$ | +9.9% |
| 2018 | 10.54 trillion current US$ | +10.0% |
| 2019 | 10.74 trillion current US$ | +1.9% |
| 2020 | 10.38 trillion current US$ | -3.3% |
| 2021 | 12.37 trillion current US$ | +19.1% |
| 2022 | 12.95 trillion current US$ | +4.7% |
| 2023 | 13.19 trillion current US$ | +1.8% |
| 2024 | 13.52 trillion current US$ | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 83.48 billion current US$ | 59.28 billion current US$ | 114.65 billion current US$ | 10 |
| 1970s | 317.09 billion current US$ | 132.39 billion current US$ | 540.88 billion current US$ | 10 |
| 1980s | 729.01 billion current US$ | 643.54 billion current US$ | 881.32 billion current US$ | 10 |
| 1990s | 1.17 trillion current US$ | 869.49 billion current US$ | 1.46 trillion current US$ | 10 |
| 2000s | 2.94 trillion current US$ | 1.45 trillion current US$ | 5.34 trillion current US$ | 10 |
| 2010s | 8.90 trillion current US$ | 6.44 trillion current US$ | 10.74 trillion current US$ | 10 |
| 2020s | 12.48 trillion current US$ | 10.38 trillion current US$ | 13.52 trillion current US$ | 5 |
Countries ranked near IDA & IBRD total
- 2 United States 6.26 trillion current US$ compare
- 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
More economy & growth data for IDA & IBRD total
- Foreign direct investment, net outflows (BoP, current US$), per capita 42.58 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0064 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 457.59 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 297.79 billion BoP, current US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5252 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,983 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 7.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5782 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,824 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.74 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in IDA & IBRD total?
- Gross fixed capital formation in IDA & IBRD total was 13.52 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in IDA & IBRD total?
- The highest recorded value was 13.52 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in IDA & IBRD total?
- The lowest recorded value was 59.28 billion current US$ in 1962.
- How does IDA & IBRD total rank for gross fixed capital formation?
- IDA & IBRD total ranks 5th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in IDA & IBRD total?
- Over the last ten years it is up 46.6%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.
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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.