Gross fixed capital formation (% of GDP) by country
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 as a percentage of Gross Domestic Product (GDP) which is the total income...
Countries reporting
180
Highest
42.2%
Tanzania
Lowest
0.7%
Sudan
Median
22.2%
Years covered
66
1960–2025
Data points
10,319
What the numbers show
Gross fixed capital formation (% of GDP) is currently reported for 180 countries. The highest value is 42.2% in Tanzania; the lowest is 0.7% in Sudan.
The median across all reporting countries is 22.2%, and the mean is 22.3%.
The gap between the highest and lowest reporting country is a factor of about 57.
Over the past decade 84 countries rose and 94 fell. The largest increase was in Somalia (up 113.8%), and the largest decrease in Sudan (down 94.3%).
Gross fixed capital formation: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Tanzania | 42.2% | 2025 | up 32.5% | rising |
| 2 | Bhutan | 42.1% | 2024 | down 22.9% | rising |
| 3 | Gambia | 40.4% | 2025 | up 98.5% | rising |
| 4 | China | 39.7% | 2024 | down 8.6% | rising |
| 5 | Algeria | 39.4% | 2025 | down 8.0% | flat |
| 6 | Guinea | 38.1% | 2025 | up 58.8% | rising |
| 7 | Suriname | 37.5% | 2010 | — | flat |
| 8 | Palau | 35.8% | 2024 | up 11.1% | rising |
| 9 | Benin | 35.4% | 2025 | up 72.9% | rising |
| 10 | Maldives | 34.8% | 2024 | up 30.3% | flat |
| 11 | Greenland | 34.7% | 2023 | up 15.2% | rising |
| 12 | Curacao | 34.0% | 2018 | up 21.4% | rising |
| 13 | Uzbekistan | 34.0% | 2025 | up 64.6% | rising |
| 14 | Guyana | 32.3% | 2005 | down 2.7% | rising |
| 15 | Rwanda | 32.2% | 2025 | up 32.7% | falling |
| 16 | India | 31.7% | 2025 | up 10.3% | rising |
| 17 | Kosovo | 31.6% | 2024 | up 15.1% | rising |
| 18 | Panama | 31.4% | 2024 | down 21.9% | rising |
| 19 | Cambodia | 30.9% | 2025 | up 6.6% | rising |
| 20 | Lesotho | 30.9% | 2025 | up 9.0% | rising |
| 21 | Turkey | 30.6% | 2025 | up 1.9% | rising |
| 22 | Tajikistan | 30.2% | 2024 | up 15.5% | rising |
| 23 | Saudi Arabia | 30.1% | 2025 | up 3.1% | rising |
| 24 | Vietnam | 29.2% | 2025 | down 3.2% | rising |
| 25 | Congo | 29.1% | 2025 | down 62.7% | rising |
| 26 | Kiribati | 29.0% | 2024 | up 3.3% | rising |
| 27 | Laos | 29.0% | 2016 | down 3.5% | rising |
| 28 | United Arab Emirates | 28.9% | 2009 | up 37.8% | rising |
| 29 | Bahrain | 28.9% | 2024 | up 10.7% | rising |
| 30 | Iran | 28.8% | 2025 | up 13.5% | falling |
| 31 | Democratic Republic of Congo | 28.8% | 2025 | up 9.7% | volatile |
| 32 | Samoa | 28.8% | 2025 | down 17.4% | rising |
| 33 | Indonesia | 28.8% | 2025 | down 12.3% | rising |
| 34 | Senegal | 28.7% | 2025 | up 24.8% | rising |
| 35 | Bangladesh | 28.5% | 2025 | down 1.2% | rising |
| 36 | South Korea | 28.3% | 2025 | down 2.9% | rising |
| 37 | Botswana | 28.2% | 2025 | up 4.1% | falling |
| 38 | Somalia | 28.1% | 2025 | up 113.8% | flat |
| 39 | Mongolia | 28.0% | 2025 | up 53.3% | falling |
| 40 | Japan | 27.8% | 2024 | up 5.3% | falling |
| 41 | Jordan | 27.5% | 2007 | up 6.6% | falling |
| 42 | El Salvador | 27.2% | 2025 | up 73.2% | rising |
| 43 | East Timor | 27.0% | 2024 | down 34.2% | falling |
| 44 | Mauritania | 27.0% | 2025 | down 21.4% | falling |
| 45 | Brunei | 26.9% | 2025 | down 23.2% | rising |
| 46 | Morocco | 26.8% | 2025 | up 3.6% | rising |
| 47 | Iceland | 26.7% | 2025 | up 39.5% | falling |
| 48 | Czechia | 26.4% | 2025 | up 2.9% | falling |
| 49 | Tonga | 26.2% | 2024 | up 21.1% | rising |
| 50 | Switzerland | 26.0% | 2025 | down 1.9% | falling |
| 51 | Kyrgyzstan | 25.8% | 2025 | down 21.0% | rising |
| 52 | Bahamas | 25.7% | 2024 | down 14.9% | rising |
| 53 | Croatia | 25.7% | 2025 | up 34.8% | rising |
| 54 | Romania | 25.6% | 2025 | up 2.8% | rising |
| 55 | Oman | 25.5% | 2024 | down 14.4% | rising |
| 56 | Djibouti | 25.5% | 2025 | down 16.1% | falling |
| 57 | Sweden | 25.2% | 2025 | up 8.5% | falling |
| 58 | Belarus | 25.1% | 2025 | down 12.5% | flat |
| 59 | Dominican Republic | 24.9% | 2025 | up 10.2% | rising |
| 60 | Gabon | 24.8% | 2025 | down 15.1% | falling |
| 61 | Nicaragua | 24.6% | 2025 | down 15.9% | falling |
| 62 | Vanuatu | 24.4% | 2024 | up 62.5% | flat |
| 63 | Bosnia and Herzegovina | 24.4% | 2024 | up 4.1% | falling |
| 64 | Australia | 24.3% | 2025 | down 6.8% | falling |
| 65 | Kazakhstan | 24.3% | 2024 | up 12.8% | flat |
| 66 | Albania | 24.3% | 2025 | down 7.0% | falling |
| 67 | Estonia | 24.2% | 2025 | up 0.7% | falling |
| 68 | Chile | 24.1% | 2025 | down 5.4% | rising |
| 69 | Palestine | 24.0% | 2025 | up 1.3% | falling |
| 70 | Belgium | 23.9% | 2025 | up 3.2% | flat |
| 71 | Israel | 23.8% | 2025 | up 11.8% | falling |
| 72 | Nepal | 23.6% | 2025 | down 14.5% | rising |
| 73 | Austria | 23.5% | 2025 | up 2.8% | falling |
| 74 | North Macedonia | 23.5% | 2024 | up 0.3% | rising |
| 75 | Latvia | 23.5% | 2025 | up 5.2% | flat |
| 76 | Norway | 23.4% | 2025 | down 3.2% | falling |
| 77 | New Zealand | 23.4% | 2024 | up 3.4% | falling |
| 78 | Honduras | 23.3% | 2025 | down 1.5% | rising |
| 79 | Sierra Leone | 23.2% | 2025 | up 30.1% | volatile |
| 80 | Russia | 23.1% | 2025 | up 12.0% | flat |
| 81 | Lithuania | 22.9% | 2025 | up 17.1% | flat |
| 82 | Canada | 22.9% | 2025 | down 4.0% | flat |
| 83 | Marshall Islands | 22.9% | 2024 | up 14.5% | flat |
| 84 | Serbia | 22.8% | 2025 | up 35.9% | rising |
| 85 | Philippines | 22.7% | 2025 | up 2.3% | rising |
| 86 | Thailand | 22.7% | 2025 | down 7.6% | rising |
| 87 | Mexico | 22.4% | 2025 | down 3.3% | rising |
| 88 | Montenegro | 22.3% | 2025 | up 7.8% | rising |
| 89 | Guinea-Bissau | 22.3% | 2025 | up 37.7% | falling |
| 90 | Ireland | 22.2% | 2025 | down 8.4% | rising |
| 91 | New Caledonia | 22.1% | 2024 | down 36.8% | flat |
| 92 | Singapore | 22.1% | 2025 | down 18.9% | falling |
| 93 | Moldova | 22.0% | 2025 | down 8.3% | rising |
| 94 | France | 22.0% | 2025 | up 7.1% | falling |
| 95 | Hungary | 21.9% | 2025 | down 1.6% | rising |
| 96 | French Polynesia | 21.9% | 2024 | up 16.8% | flat |
| 97 | Uganda | 21.9% | 2025 | down 6.0% | rising |
| 98 | Denmark | 21.9% | 2025 | up 10.3% | falling |
| 99 | Italy | 21.8% | 2025 | up 27.8% | falling |
| 100 | Finland | 21.8% | 2025 | up 1.9% | falling |
| 101 | Paraguay | 21.7% | 2025 | up 12.1% | rising |
| 102 | Mali | 21.7% | 2025 | down 8.8% | rising |
| 103 | Zambia | 21.6% | 2024 | down 30.4% | falling |
| 104 | Namibia | 21.5% | 2025 | down 30.6% | rising |
| 105 | Armenia | 21.4% | 2025 | up 3.9% | falling |
| 106 | United States | 21.3% | 2024 | up 4.6% | falling |
| 107 | Malaysia | 21.3% | 2025 | down 17.5% | rising |
| 108 | Belize | 21.1% | 2024 | up 28.4% | flat |
| 109 | Slovenia | 21.1% | 2025 | up 11.7% | falling |
| 110 | Madagascar | 21.0% | 2025 | up 11.0% | rising |
| 111 | Togo | 21.0% | 2023 | up 5.2% | flat |
| 112 | Niger | 20.9% | 2025 | down 35.8% | rising |
| 113 | Sri Lanka | 20.8% | 2025 | down 26.5% | rising |
| 114 | Portugal | 20.7% | 2025 | up 32.2% | falling |
| 115 | Spain | 20.6% | 2025 | up 12.6% | falling |
| 116 | Slovakia | 20.5% | 2025 | down 15.6% | falling |
| 117 | Peru | 20.5% | 2025 | down 11.1% | falling |
| 118 | Germany | 20.3% | 2025 | up 2.9% | falling |
| 119 | Bulgaria | 20.1% | 2025 | down 3.5% | falling |
| 120 | Ethiopia | 20.1% | 2025 | down 50.5% | falling |
| 121 | Fiji | 20.1% | 2024 | up 4.3% | rising |
| 122 | Cote d'Ivoire | 20.0% | 2025 | down 14.9% | flat |
| 123 | Cyprus | 20.0% | 2025 | up 56.1% | falling |
| 124 | Ecuador | 19.9% | 2025 | down 11.6% | rising |
| 125 | Netherlands | 19.8% | 2025 | down 9.2% | falling |
| 126 | Mauritius | 19.7% | 2025 | up 18.3% | falling |
| 127 | Solomon Islands | 19.5% | 2024 | up 39.8% | rising |
| 128 | Ukraine | 19.4% | 2025 | up 42.9% | falling |
| 129 | Cameroon | 19.3% | 2025 | up 3.9% | falling |
| 130 | Georgia | 19.0% | 2025 | down 20.5% | rising |
| 131 | Trinidad and Tobago | 19.0% | 2023 | down 8.6% | flat |
| 132 | United Kingdom | 18.9% | 2025 | up 5.2% | falling |
| 133 | Seychelles | 18.7% | 2025 | down 30.4% | falling |
| 134 | Papua New Guinea | 18.1% | 2004 | down 3.6% | flat |
| 135 | Kenya | 17.9% | 2025 | down 18.9% | rising |
| 136 | Malta | 17.8% | 2025 | down 24.8% | flat |
| 137 | Afghanistan | 17.0% | 2024 | — | rising |
| 138 | Poland | 17.0% | 2025 | down 15.9% | falling |
| 139 | Hong Kong | 16.9% | 2025 | down 24.4% | falling |
| 140 | San Marino | 16.9% | 2023 | down 2.4% | falling |
| 141 | Greece | 16.9% | 2025 | up 51.3% | falling |
| 142 | Brazil | 16.8% | 2025 | down 5.6% | falling |
| 143 | Kuwait | 16.7% | 2024 | up 2.4% | rising |
| 144 | Burkina Faso | 16.7% | 2025 | down 12.6% | rising |
| 145 | Guatemala | 16.7% | 2025 | up 15.1% | rising |
| 146 | Bolivia | 16.6% | 2024 | down 20.8% | rising |
| 147 | Turkmenistan | 16.5% | 2025 | down 65.0% | falling |
| 148 | Chad | 16.4% | 2025 | down 26.4% | volatile |
| 149 | Azerbaijan | 16.3% | 2025 | down 41.5% | falling |
| 150 | Costa Rica | 16.3% | 2025 | down 14.4% | falling |
| 151 | Eswatini | 16.1% | 2024 | down 0.8% | flat |
| 152 | Colombia | 16.0% | 2025 | down 31.5% | rising |
| 153 | Argentina | 16.0% | 2025 | up 2.8% | falling |
| 154 | Uruguay | 15.8% | 2025 | down 20.0% | rising |
| 155 | Tunisia | 15.2% | 2024 | down 29.4% | falling |
| 156 | Luxembourg | 15.0% | 2025 | down 13.5% | falling |
| 157 | Central African Republic | 14.8% | 2025 | down 28.1% | rising |
| 158 | Iraq | 14.4% | 2024 | down 31.5% | volatile |
| 159 | Libya | 14.3% | 2025 | down 16.5% | rising |
| 160 | Puerto Rico | 13.9% | 2025 | up 63.1% | falling |
| 161 | South Africa | 13.9% | 2025 | down 22.9% | falling |
| 162 | Cuba | 12.8% | 2024 | up 74.7% | falling |
| 163 | Eritrea | 12.6% | 2011 | down 64.2% | falling |
| 164 | Pakistan | 12.6% | 2025 | down 10.8% | falling |
| 165 | Haiti | 12.1% | 2025 | down 13.7% | rising |
| 166 | Macao | 11.9% | 2025 | down 52.0% | falling |
| 167 | Comoros | 11.8% | 2025 | down 12.2% | falling |
| 168 | Egypt | 11.7% | 2025 | down 14.3% | falling |
| 169 | Bermuda | 11.0% | 2024 | down 8.7% | flat |
| 170 | Angola | 10.6% | 2024 | down 62.6% | volatile |
| 171 | Ghana | 9.7% | 2024 | down 63.1% | rising |
| 172 | Sao Tome and Principe | 8.7% | 2025 | down 39.9% | falling |
| 173 | Zimbabwe | 7.9% | 2024 | down 17.5% | falling |
| 174 | Equatorial Guinea | 6.4% | 2025 | down 74.0% | volatile |
| 175 | Yemen | 6.2% | 2018 | down 59.9% | falling |
| 176 | South Sudan | 5.8% | 2015 | down 58.2% | falling |
| 177 | Venezuela | 4.6% | 2025 | down 73.8% | volatile |
| 178 | Syria | 4.4% | 2022 | down 65.2% | falling |
| 179 | Lebanon | 1.4% | 2024 | down 94.1% | falling |
| 180 | Sudan | 0.7% | 2025 | down 94.3% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (IDA & IBRD countries) 37.7%
- European Union 21.3%
- East Asia & Pacific (excluding high income) 37.7%
- Euro area 21.2%
- East Asia & Pacific 34.1%
- Late-demographic dividend 32.9%
- Upper middle income 32.7%
- Middle income 32.1%
- Low & middle income 32.0%
- IBRD only 31.1%
- South Asia 31.0%
- South Asia (IDA & IBRD) 31.0%
- IDA & IBRD total 31.0%
- Lower middle income 28.9%
- Europe & Central Asia (excluding high income) 27.8%
- IDA total 27.1%
- Early-demographic dividend 26.2%
- World 25.6%
- Least developed countries 25.1%
- Arab World 25.1%
- IDA only 24.6%
- Middle East, North Africa, Afghanistan & Pakistan 24.3%
- Europe & Central Asia (IDA & IBRD countries) 24.2%
- Other small states 23.1%
- Sub-Saharan Africa (excluding high income) 23.0%
- Sub-Saharan Africa 23.0%
- Sub-Saharan Africa (IDA & IBRD countries) 23.0%
- Pacific island small states 22.5%
- OECD members 22.2%
- High income 22.2%
- Post-demographic dividend 22.1%
- Europe & Central Asia 21.9%
- Small states 21.8%
- Heavily indebted poor countries (HIPC) 21.6%
- North America 21.5%
- Central Europe and the Baltics 21.4%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 20.6%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 20.5%
- Low income 19.9%
- Latin America & the Caribbean (IDA & IBRD countries) 18.9%
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.