Gross fixed capital formation in Late-demographic dividend
Late-demographic dividend: Gross fixed capital formation was 32.9% in 2024. ▲ Rising
Gross fixed capital formation in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Late-demographic dividend recorded 32.9% for gross fixed capital formation in 2024.
The figure is down 2.5% on the previous year and down 2.3% over ten years.
Over the whole period, gross fixed capital formation in Late-demographic dividend peaked at 35.6% in 2020 and was at its lowest, 15.9%, in 1962.
That places Late-demographic dividend 4th out of 43 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross fixed capital formation in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 30.8% | — |
| 1961 | 18.9% | -38.6% |
| 1962 | 15.9% | -16.1% |
| 1963 | 17.0% | +7.2% |
| 1964 | 19.7% | +15.6% |
| 1965 | 20.2% | +2.6% |
| 1966 | 20.7% | +2.5% |
| 1967 | 18.0% | -13.0% |
| 1968 | 17.1% | -5.1% |
| 1969 | 19.6% | +14.4% |
| 1970 | 21.8% | +11.5% |
| 1971 | 22.4% | +2.9% |
| 1972 | 22.2% | -1.1% |
| 1973 | 21.6% | -2.8% |
| 1974 | 22.3% | +3.5% |
| 1975 | 24.5% | +9.6% |
| 1976 | 23.6% | -3.4% |
| 1977 | 23.0% | -2.9% |
| 1978 | 23.3% | +1.7% |
| 1979 | 23.1% | -1.1% |
| 1980 | 22.7% | -1.7% |
| 1981 | 23.1% | +1.6% |
| 1982 | 23.2% | +0.4% |
| 1983 | 22.5% | -2.6% |
| 1984 | 22.8% | +1.0% |
| 1985 | 23.1% | +1.6% |
| 1986 | 23.4% | +1.1% |
| 1987 | 23.3% | -0.2% |
| 1988 | 24.9% | +6.6% |
| 1989 | 27.3% | +9.6% |
| 1990 | 24.9% | -8.7% |
| 1991 | 23.2% | -6.9% |
| 1992 | 24.7% | +6.3% |
| 1993 | 25.8% | +4.5% |
| 1994 | 26.1% | +1.4% |
| 1995 | 25.6% | -1.9% |
| 1996 | 25.2% | -1.5% |
| 1997 | 24.8% | -1.9% |
| 1998 | 24.5% | -0.9% |
| 1999 | 24.2% | -1.5% |
| 2000 | 24.5% | +1.5% |
| 2001 | 25.4% | +3.6% |
| 2002 | 26.0% | +2.3% |
| 2003 | 27.2% | +4.7% |
| 2004 | 27.8% | +2.0% |
| 2005 | 27.6% | -0.5% |
| 2006 | 27.6% | -0.2% |
| 2007 | 28.4% | +2.9% |
| 2008 | 29.3% | +3.2% |
| 2009 | 32.0% | +9.2% |
| 2010 | 31.9% | -0.4% |
| 2011 | 32.0% | +0.5% |
| 2012 | 33.0% | +3.0% |
| 2013 | 33.6% | +1.8% |
| 2014 | 33.7% | +0.3% |
| 2015 | 34.1% | +1.3% |
| 2016 | 33.8% | -0.7% |
| 2017 | 33.7% | -0.5% |
| 2018 | 34.6% | +2.8% |
| 2019 | 35.2% | +1.7% |
| 2020 | 35.6% | +1.2% |
| 2021 | 35.0% | -1.7% |
| 2022 | 34.3% | -2.2% |
| 2023 | 33.7% | -1.6% |
| 2024 | 32.9% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.8% | 15.9% | 30.8% | 10 |
| 1970s | 22.8% | 21.6% | 24.5% | 10 |
| 1980s | 23.6% | 22.5% | 27.3% | 10 |
| 1990s | 24.9% | 23.2% | 26.1% | 10 |
| 2000s | 27.6% | 24.5% | 32.0% | 10 |
| 2010s | 33.6% | 31.9% | 35.2% | 10 |
| 2020s | 34.3% | 32.9% | 35.6% | 5 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Industry (including construction), value added 10.08 trillion constant 2015 US$ (2025)
- Trade 50.8% (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.49 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 1.81 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.3% (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5152 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 10.61 trillion current US$ (2025)
- Services, value added 16.42 trillion constant 2015 US$ (2025)
- Services, value added 18.38 trillion current US$ (2025)
- Services, value added (constant 2015 US$), per capita 7,047 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Late-demographic dividend?
- Gross fixed capital formation in Late-demographic dividend was 32.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Late-demographic dividend?
- The highest recorded value was 35.6% in 2020.
- What is the lowest gross fixed capital formation recorded in Late-demographic dividend?
- The lowest recorded value was 15.9% in 1962.
- How does Late-demographic dividend rank for gross fixed capital formation?
- Late-demographic dividend ranks 4th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in Late-demographic dividend?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.