Gross fixed capital formation in Latin America & Caribbean
Latin America & Caribbean: Gross fixed capital formation was 18.7% in 2025. ▼ Falling
Gross fixed capital formation in Latin America & Caribbean, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in Latin America & Caribbean stood at 18.7%.
That represents a change of down 1.8% on the previous year and down 5.7% over ten years.
Over the whole period, gross fixed capital formation in Latin America & Caribbean peaked at 24.3% in 1978 and was at its lowest, 17.5%, in 1991.
Latin America & Caribbean ranks 41st 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, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 20.3% | — |
| 1971 | 20.5% | +0.5% |
| 1972 | 20.8% | +1.5% |
| 1973 | 20.4% | -2.0% |
| 1974 | 21.2% | +4.0% |
| 1975 | 23.8% | +12.2% |
| 1976 | 23.7% | -0.2% |
| 1977 | 23.5% | -1.0% |
| 1978 | 24.3% | +3.7% |
| 1979 | 23.6% | -2.9% |
| 1980 | 23.0% | -2.6% |
| 1981 | 23.7% | +2.8% |
| 1982 | 21.9% | -7.5% |
| 1983 | 18.6% | -15.0% |
| 1984 | 17.9% | -4.0% |
| 1985 | 17.6% | -1.3% |
| 1986 | 18.9% | +6.9% |
| 1987 | 20.2% | +7.1% |
| 1988 | 21.0% | +4.1% |
| 1989 | 21.8% | +3.8% |
| 1990 | 18.6% | -14.8% |
| 1991 | 17.5% | -5.8% |
| 1992 | 18.4% | +4.7% |
| 1993 | 19.8% | +8.0% |
| 1994 | 21.0% | +5.9% |
| 1995 | 19.2% | -8.6% |
| 1996 | 19.0% | -0.9% |
| 1997 | 19.8% | +4.2% |
| 1998 | 20.0% | +1.0% |
| 1999 | 18.7% | -6.4% |
| 2000 | 18.9% | +1.0% |
| 2001 | 18.1% | -4.6% |
| 2002 | 18.2% | +0.5% |
| 2003 | 18.2% | +0.5% |
| 2004 | 18.5% | +1.6% |
| 2005 | 18.7% | +0.7% |
| 2006 | 19.2% | +2.6% |
| 2007 | 19.9% | +3.8% |
| 2008 | 20.6% | +3.8% |
| 2009 | 19.4% | -5.9% |
| 2010 | 20.1% | +3.7% |
| 2011 | 21.0% | +4.2% |
| 2012 | 20.9% | -0.1% |
| 2013 | 21.1% | +0.9% |
| 2014 | 20.3% | -3.9% |
| 2015 | 19.8% | -2.6% |
| 2016 | 18.4% | -6.8% |
| 2017 | 17.9% | -3.0% |
| 2018 | 18.5% | +3.4% |
| 2019 | 18.4% | -0.7% |
| 2020 | 17.7% | -3.8% |
| 2021 | 19.3% | +9.1% |
| 2022 | 19.6% | +1.6% |
| 2023 | 19.2% | -2.0% |
| 2024 | 19.0% | -1.0% |
| 2025 | 18.7% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.2% | 20.3% | 24.3% | 10 |
| 1980s | 20.5% | 17.6% | 23.7% | 10 |
| 1990s | 19.2% | 17.5% | 21.0% | 10 |
| 2000s | 19.0% | 18.1% | 20.6% | 10 |
| 2010s | 19.6% | 17.9% | 21.1% | 10 |
| 2020s | 18.9% | 17.7% | 19.6% | 6 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Latin America & Caribbean?
- Gross fixed capital formation in Latin America & Caribbean was 18.7% 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?
- The highest recorded value was 24.3% in 1978.
- What is the lowest gross fixed capital formation recorded in Latin America & Caribbean?
- The lowest recorded value was 17.5% in 1991.
- How does Latin America & Caribbean rank for gross fixed capital formation?
- Latin America & Caribbean ranks 41st out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean 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.
Download this data
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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.