Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation was 1.33 trillion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 1.33 trillion current US$ for gross fixed capital formation in 2025. That is the highest value across all 56 years on record.
That represents a change of up 2.4% on the previous year and up 30.4% over ten years.
Over the whole period, gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.33 trillion current US$ in 2025 and was at its lowest, 32.57 billion current US$, in 1970.
That places Latin America & the Caribbean (IDA & IBRD countries) 24th out of 43 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 32.57 billion current US$ | — |
| 1971 | 36.36 billion current US$ | +11.6% |
| 1972 | 41.53 billion current US$ | +14.2% |
| 1973 | 55.01 billion current US$ | +32.5% |
| 1974 | 75.17 billion current US$ | +36.6% |
| 1975 | 88.41 billion current US$ | +17.6% |
| 1976 | 97.36 billion current US$ | +10.1% |
| 1977 | 106.49 billion current US$ | +9.4% |
| 1978 | 132.39 billion current US$ | +24.3% |
| 1979 | 144.18 billion current US$ | +8.9% |
| 1980 | 171.85 billion current US$ | +19.2% |
| 1981 | 202.96 billion current US$ | +18.1% |
| 1982 | 171.59 billion current US$ | -15.5% |
| 1983 | 126.63 billion current US$ | -26.2% |
| 1984 | 127.07 billion current US$ | +0.4% |
| 1985 | 123.76 billion current US$ | -2.6% |
| 1986 | 133.99 billion current US$ | +8.3% |
| 1987 | 154.96 billion current US$ | +15.6% |
| 1988 | 176.87 billion current US$ | +14.1% |
| 1989 | 203.66 billion current US$ | +15.1% |
| 1990 | 191.12 billion current US$ | -6.2% |
| 1991 | 195.96 billion current US$ | +2.5% |
| 1992 | 228.06 billion current US$ | +16.4% |
| 1993 | 294.28 billion current US$ | +29.0% |
| 1994 | 366.83 billion current US$ | +24.7% |
| 1995 | 361.68 billion current US$ | -1.4% |
| 1996 | 386.73 billion current US$ | +6.9% |
| 1997 | 441.57 billion current US$ | +14.2% |
| 1998 | 450.55 billion current US$ | +2.0% |
| 1999 | 376.14 billion current US$ | -16.5% |
| 2000 | 420.68 billion current US$ | +11.8% |
| 2001 | 393.17 billion current US$ | -6.5% |
| 2002 | 354.28 billion current US$ | -9.9% |
| 2003 | 363.36 billion current US$ | +2.6% |
| 2004 | 426.61 billion current US$ | +17.4% |
| 2005 | 521.37 billion current US$ | +22.2% |
| 2006 | 627.73 billion current US$ | +20.4% |
| 2007 | 771.98 billion current US$ | +23.0% |
| 2008 | 935.04 billion current US$ | +21.1% |
| 2009 | 825.86 billion current US$ | -11.7% |
| 2010 | 1.07 trillion current US$ | +29.2% |
| 2011 | 1.27 trillion current US$ | +18.7% |
| 2012 | 1.28 trillion current US$ | +0.8% |
| 2013 | 1.30 trillion current US$ | +1.7% |
| 2014 | 1.24 trillion current US$ | -4.5% |
| 2015 | 1.02 trillion current US$ | -17.5% |
| 2016 | 927.31 billion current US$ | -9.4% |
| 2017 | 997.81 billion current US$ | +7.6% |
| 2018 | 998.72 billion current US$ | +0.1% |
| 2019 | 970.85 billion current US$ | -2.8% |
| 2020 | 791.04 billion current US$ | -18.5% |
| 2021 | 1.00 trillion current US$ | +27.0% |
| 2022 | 1.17 trillion current US$ | +16.1% |
| 2023 | 1.28 trillion current US$ | +10.2% |
| 2024 | 1.30 trillion current US$ | +1.4% |
| 2025 | 1.33 trillion current US$ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80.95 billion current US$ | 32.57 billion current US$ | 144.18 billion current US$ | 10 |
| 1980s | 159.33 billion current US$ | 123.76 billion current US$ | 203.66 billion current US$ | 10 |
| 1990s | 329.29 billion current US$ | 191.12 billion current US$ | 450.55 billion current US$ | 10 |
| 2000s | 564.01 billion current US$ | 354.28 billion current US$ | 935.04 billion current US$ | 10 |
| 2010s | 1.11 trillion current US$ | 927.31 billion current US$ | 1.30 trillion current US$ | 10 |
| 2020s | 1.15 trillion current US$ | 791.04 billion current US$ | 1.33 trillion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 21 Poland 176.33 billion current US$ compare
- 22 Belgium 173.35 billion current US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Industry (including construction), value added 1.60 trillion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per capita 6,472 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 361.29 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.26 % change on previous year (2025)
- Manufacturing, value added 900.25 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9233 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 2.13 trillion current US$ (2025)
- Services, value added 68.3% (2025)
- Services, value added 4.22 trillion constant 2015 US$ (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) was 1.33 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.33 trillion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 32.57 billion current US$ in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross fixed capital formation?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 24th out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.