Gross fixed capital formation in Lower middle income
Lower middle income: Gross fixed capital formation was 28.9% in 2025. ▲ Rising
Gross fixed capital formation in Lower middle income, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Lower middle income is 28.9%, measured in 2025.
That represents a change of down 0.8% on the previous year and up 13.8% over ten years.
Over the whole period, gross fixed capital formation in Lower middle income peaked at 29.4% in 2007 and was at its lowest, 16.0%, in 1960.
That places Lower middle income 12th out of 43 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Gross fixed capital formation in Lower middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 16.0% | — |
| 1961 | 16.7% | +4.0% |
| 1962 | 16.8% | +0.8% |
| 1963 | 17.2% | +2.3% |
| 1964 | 17.8% | +3.4% |
| 1965 | 18.3% | +3.2% |
| 1966 | 17.1% | -6.8% |
| 1967 | 17.0% | -0.4% |
| 1968 | 17.2% | +1.0% |
| 1969 | 17.1% | -0.6% |
| 1970 | 16.5% | -3.6% |
| 1971 | 17.9% | +8.9% |
| 1972 | 18.2% | +1.4% |
| 1973 | 17.5% | -4.1% |
| 1974 | 16.8% | -3.5% |
| 1975 | 19.4% | +15.0% |
| 1976 | 21.4% | +10.7% |
| 1977 | 24.1% | +12.6% |
| 1978 | 25.3% | +4.6% |
| 1979 | 23.7% | -6.0% |
| 1980 | 21.6% | -9.1% |
| 1981 | 19.0% | -12.2% |
| 1982 | 20.0% | +5.5% |
| 1983 | 20.5% | +2.6% |
| 1984 | 20.0% | -2.7% |
| 1985 | 20.5% | +2.7% |
| 1986 | 23.5% | +14.7% |
| 1987 | 24.6% | +4.6% |
| 1988 | 24.6% | +0.1% |
| 1989 | 24.9% | +1.1% |
| 1990 | 25.1% | +0.9% |
| 1991 | 23.1% | -8.1% |
| 1992 | 23.8% | +2.9% |
| 1993 | 22.4% | -5.7% |
| 1994 | 22.7% | +1.1% |
| 1995 | 21.9% | -3.6% |
| 1996 | 21.2% | -3.2% |
| 1997 | 21.4% | +1.3% |
| 1998 | 21.0% | -2.0% |
| 1999 | 25.2% | +19.9% |
| 2000 | 23.4% | -7.2% |
| 2001 | 25.3% | +8.1% |
| 2002 | 24.5% | -2.9% |
| 2003 | 25.1% | +2.2% |
| 2004 | 26.2% | +4.7% |
| 2005 | 27.2% | +3.6% |
| 2006 | 27.2% | -0.1% |
| 2007 | 29.4% | +8.4% |
| 2008 | 27.6% | -6.1% |
| 2009 | 28.1% | +1.8% |
| 2010 | 27.2% | -3.1% |
| 2011 | 28.2% | +3.4% |
| 2012 | 26.9% | -4.5% |
| 2013 | 26.3% | -2.4% |
| 2014 | 25.3% | -3.5% |
| 2015 | 25.4% | +0.2% |
| 2016 | 25.9% | +1.9% |
| 2017 | 26.5% | +2.6% |
| 2018 | 27.4% | +3.3% |
| 2019 | 25.8% | -5.8% |
| 2020 | 24.8% | -4.0% |
| 2021 | 26.5% | +6.9% |
| 2022 | 28.1% | +6.0% |
| 2023 | 28.4% | +1.3% |
| 2024 | 29.1% | +2.3% |
| 2025 | 28.9% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.1% | 16.0% | 18.3% | 10 |
| 1970s | 20.1% | 16.5% | 25.3% | 10 |
| 1980s | 21.9% | 19.0% | 24.9% | 10 |
| 1990s | 22.8% | 21.0% | 25.2% | 10 |
| 2000s | 26.4% | 23.4% | 29.4% | 10 |
| 2010s | 26.5% | 25.3% | 28.2% | 10 |
| 2020s | 27.6% | 24.8% | 29.1% | 6 |
Countries ranked near Lower middle income
More economy & growth data for Lower middle income
- Agriculture, forestry, and fishing, value added 1.15 trillion constant 2015 US$ (2025)
- Imports of goods and services 1.92 trillion current US$ (2025)
- Imports of goods and services 1.75 trillion constant 2015 US$ (2025)
- Imports of goods and services 8.1% (2025)
- Imports of goods and services 26.3% (2025)
- External balance on goods and services -3.1% (2025)
- Trade 46.6% (2025)
- GDP (current US$), per capita 2,481 current US$ per person (2025)
- Industry (including construction), value added 2.29 trillion current US$ (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9569 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Lower middle income?
- Gross fixed capital formation in Lower middle income was 28.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Lower middle income?
- The highest recorded value was 29.4% in 2007.
- What is the lowest gross fixed capital formation recorded in Lower middle income?
- The lowest recorded value was 16.0% in 1960.
- How does Lower middle income rank for gross fixed capital formation?
- Lower middle income ranks 12th out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Lower middle income?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is rising.
- Where does this Lower middle 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.