Gross fixed capital formation in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross fixed capital formation was 1.20 trillion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Latin America & Caribbean (excluding high income) is 1.20 trillion current US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 1.8% on the previous year and up 31.0% over ten years.
Over the whole period, gross fixed capital formation in Latin America & Caribbean (excluding high income) peaked at 1.20 trillion current US$ in 2025 and was at its lowest, 31.96 billion current US$, in 1970.
Latin America & Caribbean (excluding high income) ranks 26th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 31.96 billion current US$ | — |
| 1971 | 35.34 billion current US$ | +10.6% |
| 1972 | 40.91 billion current US$ | +15.8% |
| 1973 | 54.13 billion current US$ | +32.3% |
| 1974 | 73.55 billion current US$ | +35.9% |
| 1975 | 88.51 billion current US$ | +20.4% |
| 1976 | 97.27 billion current US$ | +9.9% |
| 1977 | 105.97 billion current US$ | +8.9% |
| 1978 | 131.74 billion current US$ | +24.3% |
| 1979 | 142.13 billion current US$ | +7.9% |
| 1980 | 167.71 billion current US$ | +18.0% |
| 1981 | 196.78 billion current US$ | +17.3% |
| 1982 | 170.22 billion current US$ | -13.5% |
| 1983 | 127.16 billion current US$ | -25.3% |
| 1984 | 127.94 billion current US$ | +0.6% |
| 1985 | 124.42 billion current US$ | -2.8% |
| 1986 | 134.73 billion current US$ | +8.3% |
| 1987 | 153.74 billion current US$ | +14.1% |
| 1988 | 175.70 billion current US$ | +14.3% |
| 1989 | 200.73 billion current US$ | +14.2% |
| 1990 | 187.13 billion current US$ | -6.8% |
| 1991 | 189.50 billion current US$ | +1.3% |
| 1992 | 214.94 billion current US$ | +13.4% |
| 1993 | 277.28 billion current US$ | +29.0% |
| 1994 | 347.31 billion current US$ | +25.3% |
| 1995 | 336.51 billion current US$ | -3.1% |
| 1996 | 359.29 billion current US$ | +6.8% |
| 1997 | 409.82 billion current US$ | +14.1% |
| 1998 | 419.58 billion current US$ | +2.4% |
| 1999 | 351.75 billion current US$ | -16.2% |
| 2000 | 396.84 billion current US$ | +12.8% |
| 2001 | 370.06 billion current US$ | -6.7% |
| 2002 | 332.75 billion current US$ | -10.1% |
| 2003 | 338.90 billion current US$ | +1.8% |
| 2004 | 397.74 billion current US$ | +17.4% |
| 2005 | 484.19 billion current US$ | +21.7% |
| 2006 | 584.71 billion current US$ | +20.8% |
| 2007 | 716.32 billion current US$ | +22.5% |
| 2008 | 863.35 billion current US$ | +20.5% |
| 2009 | 761.64 billion current US$ | -11.8% |
| 2010 | 991.45 billion current US$ | +30.2% |
| 2011 | 1.17 trillion current US$ | +18.4% |
| 2012 | 1.17 trillion current US$ | -0.6% |
| 2013 | 1.18 trillion current US$ | +1.3% |
| 2014 | 1.13 trillion current US$ | -4.5% |
| 2015 | 916.69 billion current US$ | -18.7% |
| 2016 | 824.88 billion current US$ | -10.0% |
| 2017 | 891.94 billion current US$ | +8.1% |
| 2018 | 887.24 billion current US$ | -0.5% |
| 2019 | 861.58 billion current US$ | -2.9% |
| 2020 | 706.31 billion current US$ | -18.0% |
| 2021 | 897.17 billion current US$ | +27.0% |
| 2022 | 1.05 trillion current US$ | +16.9% |
| 2023 | 1.16 trillion current US$ | +10.4% |
| 2024 | 1.18 trillion current US$ | +1.9% |
| 2025 | 1.20 trillion current US$ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80.15 billion current US$ | 31.96 billion current US$ | 142.13 billion current US$ | 10 |
| 1980s | 157.91 billion current US$ | 124.42 billion current US$ | 200.73 billion current US$ | 10 |
| 1990s | 309.31 billion current US$ | 187.13 billion current US$ | 419.58 billion current US$ | 10 |
| 2000s | 524.65 billion current US$ | 332.75 billion current US$ | 863.35 billion current US$ | 10 |
| 2010s | 1.00 trillion current US$ | 824.88 billion current US$ | 1.18 trillion current US$ | 10 |
| 2020s | 1.03 trillion current US$ | 706.31 billion current US$ | 1.20 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 23 Sweden 168.78 billion current US$ compare
- 24 Ireland 160.48 billion current US$ compare
- 25 Viet Nam 150.32 billion current US$ compare
- 26 Israel 145.39 billion current US$ compare
- 27 Austria 136.33 billion current US$ compare
- 28 Singapore 133.36 billion current US$ compare
- 29 Thailand 130.77 billion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Manufacturing, value added 846.94 billion constant 2015 US$ (2025)
- Imports of goods and services 25.3% (2025)
- External balance on goods and services -0.7% (2025)
- Trade 47.5% (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,623 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added 339.15 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.3% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 7,854 constant 2015 US$ per person (2025)
- Industry (including construction), value added 30.2% (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & Caribbean (excluding high income)?
- Gross fixed capital formation in Latin America & Caribbean (excluding high income) was 1.20 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 1.20 trillion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 31.96 billion current US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for gross fixed capital formation?
- Latin America & Caribbean (excluding high income) ranks 26th out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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.