Gross fixed capital formation in United States of America
United States of America: Gross fixed capital formation was 21.3% in 2024. ▼ Falling
Gross fixed capital formation in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross fixed capital formation in United States of America stood at 21.3%.
The figure is down 0.1% on the previous year and up 4.6% over ten years.
Over the whole period, gross fixed capital formation in United States of America peaked at 24.4% in 1979 and was at its lowest, 18.3%, in 2010.
That places United States of America 107th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross fixed capital formation in United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 20.3% | — |
| 1971 | 20.9% | +2.9% |
| 1972 | 21.9% | +4.9% |
| 1973 | 22.2% | +1.6% |
| 1974 | 21.8% | -1.9% |
| 1975 | 20.6% | -5.2% |
| 1976 | 21.1% | +2.3% |
| 1977 | 22.5% | +6.3% |
| 1978 | 23.7% | +5.7% |
| 1979 | 24.4% | +2.9% |
| 1980 | 23.5% | -3.7% |
| 1981 | 23.3% | -0.8% |
| 1982 | 22.5% | -3.6% |
| 1983 | 22.4% | -0.5% |
| 1984 | 23.5% | +4.8% |
| 1985 | 23.7% | +0.9% |
| 1986 | 23.6% | -0.4% |
| 1987 | 23.1% | -2.3% |
| 1988 | 22.5% | -2.5% |
| 1989 | 22.0% | -2.0% |
| 1990 | 21.3% | -3.3% |
| 1991 | 20.1% | -5.5% |
| 1992 | 19.8% | -1.4% |
| 1993 | 20.1% | +1.3% |
| 1994 | 20.4% | +1.6% |
| 1995 | 20.9% | +2.3% |
| 1996 | 21.3% | +2.2% |
| 1997 | 21.6% | +1.2% |
| 1998 | 22.3% | +3.1% |
| 1999 | 22.8% | +2.4% |
| 2000 | 23.1% | +1.6% |
| 2001 | 22.5% | -2.6% |
| 2002 | 21.5% | -4.4% |
| 2003 | 21.6% | +0.4% |
| 2004 | 22.1% | +2.3% |
| 2005 | 22.9% | +3.6% |
| 2006 | 23.0% | +0.5% |
| 2007 | 22.3% | -3.1% |
| 2008 | 21.2% | -4.9% |
| 2009 | 18.8% | -11.4% |
| 2010 | 18.3% | -2.6% |
| 2011 | 18.7% | +2.3% |
| 2012 | 19.5% | +4.1% |
| 2013 | 19.8% | +1.2% |
| 2014 | 20.4% | +3.4% |
| 2015 | 20.6% | +1.1% |
| 2016 | 20.7% | +0.1% |
| 2017 | 21.0% | +1.5% |
| 2018 | 21.3% | +1.5% |
| 2019 | 21.3% | +0.2% |
| 2020 | 21.6% | +1.2% |
| 2021 | 21.3% | -1.3% |
| 2022 | 21.3% | +0.2% |
| 2023 | 21.4% | +0.2% |
| 2024 | 21.3% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.9% | 20.3% | 24.4% | 10 |
| 1980s | 23.0% | 22.0% | 23.7% | 10 |
| 1990s | 21.1% | 19.8% | 22.8% | 10 |
| 2000s | 21.9% | 18.8% | 23.1% | 10 |
| 2010s | 20.2% | 18.3% | 21.3% | 10 |
| 2020s | 21.4% | 21.3% | 21.6% | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 54,931 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 5.59 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 88,812 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 5.59 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.03 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 88,812 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.1 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in United States of America?
- Gross fixed capital formation in United States of America was 21.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in United States of America?
- The highest recorded value was 24.4% in 1979.
- What is the lowest gross fixed capital formation recorded in United States of America?
- The lowest recorded value was 18.3% in 2010.
- How does United States of America rank for gross fixed capital formation?
- United States of America ranks 107th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in United States of America?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is falling.
- Where does this United States of America 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.