Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation was 18.9% in 2025. ▼ Falling
Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries), 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 & the Caribbean (IDA & IBRD countries) stood at 18.9%.
That represents a change of down 1.9% on the previous year and down 6.3% over ten years.
Over the whole period, gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) peaked at 24.5% in 1978 and was at its lowest, 17.4%, in 1991.
That places Latin America & the Caribbean (IDA & IBRD countries) 40th out of 43 groups with data for 2025, putting it 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 19.9% | — |
| 1971 | 20.0% | +0.4% |
| 1972 | 20.3% | +1.7% |
| 1973 | 20.1% | -1.3% |
| 1974 | 21.0% | +4.5% |
| 1975 | 23.6% | +12.5% |
| 1976 | 23.7% | +0.3% |
| 1977 | 23.5% | -0.6% |
| 1978 | 24.5% | +3.9% |
| 1979 | 23.7% | -3.0% |
| 1980 | 23.1% | -2.6% |
| 1981 | 23.8% | +3.0% |
| 1982 | 22.0% | -7.5% |
| 1983 | 18.6% | -15.6% |
| 1984 | 17.8% | -4.4% |
| 1985 | 17.5% | -1.4% |
| 1986 | 18.8% | +7.3% |
| 1987 | 20.3% | +7.7% |
| 1988 | 21.1% | +4.0% |
| 1989 | 21.9% | +3.8% |
| 1990 | 18.5% | -15.5% |
| 1991 | 17.4% | -5.7% |
| 1992 | 18.5% | +6.1% |
| 1993 | 20.1% | +8.4% |
| 1994 | 21.4% | +6.6% |
| 1995 | 19.5% | -8.9% |
| 1996 | 19.2% | -1.6% |
| 1997 | 20.0% | +4.1% |
| 1998 | 20.2% | +1.1% |
| 1999 | 18.8% | -6.9% |
| 2000 | 19.0% | +1.1% |
| 2001 | 18.2% | -4.2% |
| 2002 | 18.4% | +1.1% |
| 2003 | 18.5% | +0.8% |
| 2004 | 18.8% | +1.6% |
| 2005 | 18.9% | +0.6% |
| 2006 | 19.4% | +2.4% |
| 2007 | 20.2% | +4.0% |
| 2008 | 20.9% | +3.8% |
| 2009 | 19.8% | -5.6% |
| 2010 | 20.5% | +3.5% |
| 2011 | 21.3% | +4.1% |
| 2012 | 21.3% | -0.2% |
| 2013 | 21.5% | +1.0% |
| 2014 | 20.7% | -3.8% |
| 2015 | 20.2% | -2.2% |
| 2016 | 18.8% | -6.7% |
| 2017 | 18.2% | -3.4% |
| 2018 | 18.7% | +2.6% |
| 2019 | 18.6% | -0.6% |
| 2020 | 18.0% | -2.9% |
| 2021 | 19.6% | +8.9% |
| 2022 | 19.9% | +1.5% |
| 2023 | 19.5% | -2.1% |
| 2024 | 19.3% | -1.0% |
| 2025 | 18.9% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.0% | 19.9% | 24.5% | 10 |
| 1980s | 20.5% | 17.5% | 23.8% | 10 |
| 1990s | 19.3% | 17.4% | 21.4% | 10 |
| 2000s | 19.2% | 18.2% | 20.9% | 10 |
| 2010s | 20.0% | 18.2% | 21.5% | 10 |
| 2020s | 19.2% | 18.0% | 19.9% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross fixed capital formation in Latin America & the Caribbean (IDA & IBRD countries) was 18.9% 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 24.5% in 1978.
- What is the lowest gross fixed capital formation recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 17.4% in 1991.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross fixed capital formation?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 40th out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.