Gross fixed capital formation in North America
North America: Gross fixed capital formation was 6.78 trillion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in North America, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in North America is 6.78 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.0% on the previous year and up 67.9% over ten years.
Over the whole period, gross fixed capital formation in North America peaked at 6.78 trillion current US$ in 2024 and was at its lowest, 236.80 billion current US$, in 1970.
That places North America 15th out of 44 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 419.12 billion current US$ | 236.80 billion current US$ | 699.18 billion current US$ | 10 |
| 1980s | 1.04 trillion current US$ | 738.46 billion current US$ | 1.37 trillion current US$ | 10 |
| 1990s | 1.73 trillion current US$ | 1.36 trillion current US$ | 2.33 trillion current US$ | 10 |
| 2000s | 3.00 trillion current US$ | 2.51 trillion current US$ | 3.57 trillion current US$ | 10 |
| 2010s | 4.06 trillion current US$ | 3.14 trillion current US$ | 4.99 trillion current US$ | 10 |
| 2020s | 5.97 trillion current US$ | 5.00 trillion current US$ | 6.78 trillion current US$ | 5 |
Countries ranked near North America
- 12 Turkey 488.63 billion current US$ compare
- 13 Australia 437.56 billion current US$ compare
- 14 Indonesia 415.87 billion current US$ compare
- 15 Mexico 410.62 billion current US$ compare
- 16 Spain 392.89 billion current US$ compare
- 17 Saudi Arabia 384.53 billion current US$ compare
- 18 Brazil 383.92 billion current US$ compare
More economy & growth data for North America
- Households and NPISHs Final consumption expenditure 21.16 trillion current US$ (2024)
- Final consumption expenditure 25.64 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 67.0% (2024)
- Imports of goods and services 5.0% (2024)
- Imports of goods and services 15.4% (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.7% (2024)
- Households and NPISHs Final consumption expenditure per capita 43,939 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 2.9% (2024)
- Households and NPISHs Final consumption expenditure 16.76 trillion constant 2015 US$ (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
Frequently asked questions
- What is gross fixed capital formation in North America?
- Gross fixed capital formation in North America was 6.78 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in North America?
- The highest recorded value was 6.78 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in North America?
- The lowest recorded value was 236.80 billion current US$ in 1970.
- How does North America rank for gross fixed capital formation?
- North America ranks 15th out of 44 groups with data for 2024.
- Is gross fixed capital formation rising or falling in North America?
- Over the last ten years it is up 67.9%. The long-run trend across the full record is volatile.
- Where does this North America 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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CSV · JSON — 55 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.