Gross fixed capital formation (current US$) in Late-demographic dividend
Late-demographic dividend: Gross fixed capital formation (current US$) was 9.86 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
9.86 trillion current US$
Change on year
up 1.1%
Rank
11th
of 43 groups
All-time high
9.86 trillion current US$
in 2024
All-time low
27.72 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Late-demographic dividend recorded 9.86 trillion current US$ for gross fixed capital formation in 2024. That is the highest value across all 65 years on record.
That represents a change of up 1.1% on the previous year and up 46.5% over ten years.
Over the whole period, gross fixed capital formation in Late-demographic dividend peaked at 9.86 trillion current US$ in 2024 and was at its lowest, 27.72 billion current US$, in 1962.
Late-demographic dividend ranks 11th of 43 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Late-demographic dividend, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 56.77 billion current US$ | — |
| 1961 | 32.41 billion current US$ | -42.9% |
| 1962 | 27.72 billion current US$ | -14.5% |
| 1963 | 32.41 billion current US$ | +16.9% |
| 1964 | 41.10 billion current US$ | +26.8% |
| 1965 | 47.26 billion current US$ | +15.0% |
| 1966 | 53.97 billion current US$ | +14.2% |
| 1967 | 47.19 billion current US$ | -12.6% |
| 1968 | 45.55 billion current US$ | -3.5% |
| 1969 | 58.08 billion current US$ | +27.5% |
| 1970 | 73.66 billion current US$ | +26.8% |
| 1971 | 84.30 billion current US$ | +14.4% |
| 1972 | 95.99 billion current US$ | +13.9% |
| 1973 | 121.16 billion current US$ | +26.2% |
| 1974 | 150.59 billion current US$ | +24.3% |
| 1975 | 182.19 billion current US$ | +21.0% |
| 1976 | 189.88 billion current US$ | +4.2% |
| 1977 | 213.96 billion current US$ | +12.7% |
| 1978 | 226.46 billion current US$ | +5.8% |
| 1979 | 266.78 billion current US$ | +17.8% |
| 1980 | 300.63 billion current US$ | +12.7% |
| 1981 | 320.30 billion current US$ | +6.5% |
| 1982 | 324.34 billion current US$ | +1.3% |
| 1983 | 292.36 billion current US$ | -9.9% |
| 1984 | 308.24 billion current US$ | +5.4% |
| 1985 | 338.31 billion current US$ | +9.8% |
| 1986 | 363.58 billion current US$ | +7.5% |
| 1987 | 383.15 billion current US$ | +5.4% |
| 1988 | 445.65 billion current US$ | +16.3% |
| 1989 | 520.97 billion current US$ | +16.9% |
| 1990 | 490.52 billion current US$ | -5.8% |
| 1991 | 459.12 billion current US$ | -6.4% |
| 1992 | 497.77 billion current US$ | +8.4% |
| 1993 | 541.68 billion current US$ | +8.8% |
| 1994 | 637.37 billion current US$ | +17.7% |
| 1995 | 774.72 billion current US$ | +21.5% |
| 1996 | 841.72 billion current US$ | +8.6% |
| 1997 | 864.81 billion current US$ | +2.7% |
| 1998 | 826.23 billion current US$ | -4.5% |
| 1999 | 752.18 billion current US$ | -9.0% |
| 2000 | 838.29 billion current US$ | +11.4% |
| 2001 | 898.39 billion current US$ | +7.2% |
| 2002 | 974.63 billion current US$ | +8.5% |
| 2003 | 1.16 trillion current US$ | +19.3% |
| 2004 | 1.43 trillion current US$ | +22.7% |
| 2005 | 1.71 trillion current US$ | +20.0% |
| 2006 | 2.06 trillion current US$ | +20.5% |
| 2007 | 2.68 trillion current US$ | +29.8% |
| 2008 | 3.44 trillion current US$ | +28.5% |
| 2009 | 3.64 trillion current US$ | +5.7% |
| 2010 | 4.36 trillion current US$ | +19.9% |
| 2011 | 5.33 trillion current US$ | +22.4% |
| 2012 | 5.88 trillion current US$ | +10.3% |
| 2013 | 6.46 trillion current US$ | +9.8% |
| 2014 | 6.73 trillion current US$ | +4.2% |
| 2015 | 6.41 trillion current US$ | -4.8% |
| 2016 | 6.38 trillion current US$ | -0.4% |
| 2017 | 7.04 trillion current US$ | +10.3% |
| 2018 | 7.94 trillion current US$ | +12.8% |
| 2019 | 8.23 trillion current US$ | +3.7% |
| 2020 | 8.15 trillion current US$ | -1.0% |
| 2021 | 9.56 trillion current US$ | +17.3% |
| 2022 | 9.79 trillion current US$ | +2.4% |
| 2023 | 9.75 trillion current US$ | -0.4% |
| 2024 | 9.86 trillion current US$ | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.25 billion current US$ | 27.72 billion current US$ | 58.08 billion current US$ | 10 |
| 1970s | 160.50 billion current US$ | 73.66 billion current US$ | 266.78 billion current US$ | 10 |
| 1980s | 359.75 billion current US$ | 292.36 billion current US$ | 520.97 billion current US$ | 10 |
| 1990s | 668.61 billion current US$ | 459.12 billion current US$ | 864.81 billion current US$ | 10 |
| 2000s | 1.88 trillion current US$ | 838.29 billion current US$ | 3.64 trillion current US$ | 10 |
| 2010s | 6.48 trillion current US$ | 4.36 trillion current US$ | 8.23 trillion current US$ | 10 |
| 2020s | 9.42 trillion current US$ | 8.15 trillion current US$ | 9.86 trillion current US$ | 5 |
Countries ranked near Late-demographic dividend
- 8 Russia 591.40 billion current US$ compare
- 9 Italy 557.13 billion current US$ compare
- 10 Canada 531.31 billion current US$ compare
- 11 South Korea 530.44 billion current US$ compare
- 12 Turkey 488.63 billion current US$ compare
- 13 Australia 437.56 billion current US$ compare
- 14 Indonesia 415.87 billion current US$ compare
More economy & growth data for Late-demographic dividend
- Foreign direct investment, net outflows (BoP, current US$), gaps 244.79 billion BoP, current US$ (2025)
- Gross capital formation (current US$), annual growth rate 1.41 % change on previous year (2024)
- GDP 31.87 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (current US$), per capita 4,321 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.3356 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3289 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 4,280 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 1.15 % change on previous year (2024)
- GDP 28.99 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in Late-demographic dividend?
- Gross fixed capital formation in Late-demographic dividend was 9.86 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Late-demographic dividend?
- The highest recorded value was 9.86 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Late-demographic dividend?
- The lowest recorded value was 27.72 billion current US$ in 1962.
- How does Late-demographic dividend rank for gross fixed capital formation?
- Late-demographic dividend ranks 11th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Late-demographic dividend?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend 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
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.