Gross fixed capital formation in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross fixed capital formation was 18.4% in 2025. ▼ Falling
Gross fixed capital formation in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 18.4% for gross fixed capital formation in 2025.
The figure is down 2.2% on the previous year and down 5.5% over ten years.
Over the whole period, gross fixed capital formation in Latin America & Caribbean (excluding high income) peaked at 25.0% in 1978 and was at its lowest, 17.5%, in 2020.
Latin America & Caribbean (excluding high income) ranks 42nd of 43 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Gross fixed capital formation in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 20.7% | — |
| 1971 | 20.7% | -0.3% |
| 1972 | 21.1% | +2.2% |
| 1973 | 21.0% | -0.5% |
| 1974 | 21.5% | +2.2% |
| 1975 | 24.0% | +11.8% |
| 1976 | 24.2% | +0.6% |
| 1977 | 24.2% | -0.0% |
| 1978 | 25.0% | +3.5% |
| 1979 | 24.3% | -2.7% |
| 1980 | 23.7% | -2.5% |
| 1981 | 24.3% | +2.3% |
| 1982 | 22.6% | -7.0% |
| 1983 | 19.3% | -14.6% |
| 1984 | 18.4% | -4.5% |
| 1985 | 18.1% | -1.6% |
| 1986 | 19.4% | +7.2% |
| 1987 | 20.7% | +6.7% |
| 1988 | 21.6% | +4.0% |
| 1989 | 22.3% | +3.3% |
| 1990 | 18.7% | -15.9% |
| 1991 | 17.6% | -5.9% |
| 1992 | 18.4% | +4.3% |
| 1993 | 19.8% | +8.0% |
| 1994 | 21.2% | +6.7% |
| 1995 | 19.1% | -9.8% |
| 1996 | 18.8% | -1.5% |
| 1997 | 19.6% | +4.1% |
| 1998 | 19.8% | +1.4% |
| 1999 | 18.6% | -6.3% |
| 2000 | 18.9% | +1.6% |
| 2001 | 18.0% | -4.7% |
| 2002 | 18.1% | +1.0% |
| 2003 | 18.2% | +0.4% |
| 2004 | 18.6% | +2.1% |
| 2005 | 18.7% | +0.2% |
| 2006 | 19.2% | +3.1% |
| 2007 | 19.9% | +3.4% |
| 2008 | 20.5% | +3.0% |
| 2009 | 19.3% | -5.6% |
| 2010 | 20.2% | +4.5% |
| 2011 | 21.0% | +3.9% |
| 2012 | 20.7% | -1.1% |
| 2013 | 20.9% | +0.9% |
| 2014 | 20.1% | -4.1% |
| 2015 | 19.5% | -2.9% |
| 2016 | 18.1% | -7.0% |
| 2017 | 17.6% | -3.1% |
| 2018 | 18.0% | +2.7% |
| 2019 | 17.9% | -0.9% |
| 2020 | 17.5% | -2.0% |
| 2021 | 19.1% | +9.2% |
| 2022 | 19.3% | +1.1% |
| 2023 | 18.9% | -2.1% |
| 2024 | 18.8% | -0.6% |
| 2025 | 18.4% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.7% | 20.7% | 25.0% | 10 |
| 1980s | 21.0% | 18.1% | 24.3% | 10 |
| 1990s | 19.2% | 17.6% | 21.2% | 10 |
| 2000s | 18.9% | 18.0% | 20.5% | 10 |
| 2010s | 19.4% | 17.6% | 21.0% | 10 |
| 2020s | 18.7% | 17.5% | 19.3% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 39 Somalia 28.1% compare
- 40 Mongolia 28.0% compare
- 41 Japan 27.8% compare
- 42 Jordan 27.5% compare
- 43 El Salvador 27.2% compare
- 44 Timor-Leste 27.0% compare
- 45 Mauritania 27.0% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & Caribbean (excluding high income)?
- Gross fixed capital formation in Latin America & Caribbean (excluding high income) was 18.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 25.0% in 1978.
- What is the lowest gross fixed capital formation recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 17.5% in 2020.
- How does Latin America & Caribbean (excluding high income) rank for gross fixed capital formation?
- Latin America & Caribbean (excluding high income) ranks 42nd out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) 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.