Gross fixed capital formation in IBRD only
IBRD only: Gross fixed capital formation was 31.1% in 2024. ▲ Rising
Gross fixed capital formation in IBRD only, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
IBRD only recorded 31.1% for gross fixed capital formation in 2024.
The figure is down 1.8% on the previous year and down 1.3% over ten years.
Over the whole period, gross fixed capital formation in IBRD only peaked at 32.3% in 2021 and was at its lowest, 17.2%, in 1962.
That places IBRD only 8th out of 41 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Gross fixed capital formation in IBRD only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 23.0% | — |
| 1961 | 18.9% | -18.0% |
| 1962 | 17.2% | -8.8% |
| 1963 | 17.4% | +1.2% |
| 1964 | 18.7% | +7.2% |
| 1965 | 19.5% | +4.6% |
| 1966 | 19.6% | +0.5% |
| 1967 | 18.3% | -6.6% |
| 1968 | 18.0% | -2.0% |
| 1969 | 19.3% | +7.7% |
| 1970 | 20.5% | +6.0% |
| 1971 | 21.0% | +2.3% |
| 1972 | 21.5% | +2.5% |
| 1973 | 21.2% | -1.4% |
| 1974 | 21.7% | +2.3% |
| 1975 | 25.3% | +16.4% |
| 1976 | 26.1% | +3.3% |
| 1977 | 26.1% | -0.1% |
| 1978 | 26.1% | +0.2% |
| 1979 | 24.3% | -6.9% |
| 1980 | 24.3% | -0.1% |
| 1981 | 25.2% | +3.5% |
| 1982 | 24.8% | -1.5% |
| 1983 | 24.5% | -1.1% |
| 1984 | 23.9% | -2.6% |
| 1985 | 23.6% | -1.1% |
| 1986 | 24.1% | +1.9% |
| 1987 | 23.6% | -1.9% |
| 1988 | 24.2% | +2.4% |
| 1989 | 25.1% | +3.9% |
| 1990 | 22.9% | -8.7% |
| 1991 | 22.5% | -2.0% |
| 1992 | 23.4% | +4.1% |
| 1993 | 23.9% | +1.9% |
| 1994 | 24.4% | +2.1% |
| 1995 | 23.7% | -2.9% |
| 1996 | 23.7% | +0.3% |
| 1997 | 23.6% | -0.7% |
| 1998 | 23.3% | -1.3% |
| 1999 | 22.6% | -2.6% |
| 2000 | 22.8% | +0.6% |
| 2001 | 23.4% | +2.6% |
| 2002 | 24.0% | +2.7% |
| 2003 | 25.1% | +4.6% |
| 2004 | 26.0% | +3.8% |
| 2005 | 26.2% | +0.8% |
| 2006 | 26.6% | +1.4% |
| 2007 | 27.5% | +3.5% |
| 2008 | 28.5% | +3.5% |
| 2009 | 30.1% | +5.4% |
| 2010 | 29.9% | -0.6% |
| 2011 | 30.5% | +2.0% |
| 2012 | 31.0% | +1.8% |
| 2013 | 31.4% | +1.3% |
| 2014 | 31.5% | +0.1% |
| 2015 | 31.6% | +0.4% |
| 2016 | 31.1% | -1.5% |
| 2017 | 31.0% | -0.3% |
| 2018 | 32.1% | +3.4% |
| 2019 | 32.0% | -0.2% |
| 2020 | 32.2% | +0.5% |
| 2021 | 32.3% | +0.5% |
| 2022 | 32.0% | -0.9% |
| 2023 | 31.6% | -1.2% |
| 2024 | 31.1% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.0% | 17.2% | 23.0% | 10 |
| 1970s | 23.4% | 20.5% | 26.1% | 10 |
| 1980s | 24.3% | 23.6% | 25.2% | 10 |
| 1990s | 23.4% | 22.5% | 24.4% | 10 |
| 2000s | 26.0% | 22.8% | 30.1% | 10 |
| 2010s | 31.2% | 29.9% | 32.1% | 10 |
| 2020s | 31.8% | 31.1% | 32.3% | 5 |
Countries ranked near IBRD only
More economy & growth data for IBRD only
- Industry (including construction), value added 13.07 trillion constant 2015 US$ (2025)
- Trade 49.3% (2025)
- Agriculture, forestry, and fishing, value added 2.96 trillion constant 2015 US$ (2025)
- Trade in services 8.6% (2025)
- Manufacturing, value added 8.52 trillion current US$ (2025)
- Manufacturing, value added 19.8% (2025)
- Industry (including construction), value added 13.90 trillion current US$ (2025)
- Services, value added 4.7% (2025)
- Services, value added 22.76 trillion constant 2015 US$ (2025)
- Services, value added 25.22 trillion current US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in IBRD only?
- Gross fixed capital formation in IBRD only was 31.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in IBRD only?
- The highest recorded value was 32.3% in 2021.
- What is the lowest gross fixed capital formation recorded in IBRD only?
- The lowest recorded value was 17.2% in 1962.
- How does IBRD only rank for gross fixed capital formation?
- IBRD only ranks 8th out of 41 groups with data for 2024.
- Is gross fixed capital formation rising or falling in IBRD only?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this IBRD only data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). 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 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.