Gross fixed capital formation in World
World: Gross fixed capital formation was 25.6% in 2024. ▬ Flat
Gross fixed capital formation in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
World recorded 25.6% for gross fixed capital formation in 2024.
That represents a change of down 1.4% on the previous year and up 2.8% over ten years.
Over the whole period, gross fixed capital formation in World peaked at 26.2% in 2021 and was at its lowest, 22.9%, in 2002.
World ranks 16th of 41 groups on this measure, in the middle of the range.
Gross fixed capital formation in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 24.3% | — |
| 1971 | 24.7% | +1.7% |
| 1972 | 25.3% | +2.7% |
| 1973 | 25.9% | +2.4% |
| 1974 | 25.3% | -2.6% |
| 1975 | 24.9% | -1.3% |
| 1976 | 24.9% | -0.2% |
| 1977 | 25.2% | +1.5% |
| 1978 | 25.9% | +2.6% |
| 1979 | 25.9% | -0.1% |
| 1980 | 25.6% | -1.1% |
| 1981 | 25.1% | -1.9% |
| 1982 | 24.3% | -3.0% |
| 1983 | 24.0% | -1.4% |
| 1984 | 24.1% | +0.5% |
| 1985 | 24.2% | +0.2% |
| 1986 | 24.6% | +1.6% |
| 1987 | 24.7% | +0.8% |
| 1988 | 25.5% | +2.9% |
| 1989 | 25.9% | +1.8% |
| 1990 | 25.4% | -1.9% |
| 1991 | 24.9% | -2.1% |
| 1992 | 24.5% | -1.7% |
| 1993 | 24.2% | -1.1% |
| 1994 | 24.2% | +0.1% |
| 1995 | 24.1% | -0.2% |
| 1996 | 24.2% | +0.1% |
| 1997 | 23.8% | -1.5% |
| 1998 | 23.6% | -1.0% |
| 1999 | 23.8% | +1.1% |
| 2000 | 24.1% | +1.0% |
| 2001 | 23.6% | -2.1% |
| 2002 | 22.9% | -2.8% |
| 2003 | 23.0% | +0.3% |
| 2004 | 23.3% | +1.5% |
| 2005 | 23.8% | +2.0% |
| 2006 | 24.1% | +1.4% |
| 2007 | 24.4% | +1.0% |
| 2008 | 24.4% | +0.1% |
| 2009 | 23.6% | -3.1% |
| 2010 | 23.5% | -0.4% |
| 2011 | 24.1% | +2.2% |
| 2012 | 24.5% | +2.0% |
| 2013 | 24.7% | +0.8% |
| 2014 | 24.9% | +0.8% |
| 2015 | 25.2% | +0.9% |
| 2016 | 25.1% | -0.3% |
| 2017 | 25.3% | +1.0% |
| 2018 | 25.8% | +1.9% |
| 2019 | 26.0% | +0.6% |
| 2020 | 26.1% | +0.4% |
| 2021 | 26.2% | +0.4% |
| 2022 | 26.1% | -0.3% |
| 2023 | 26.0% | -0.5% |
| 2024 | 25.6% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.2% | 24.3% | 25.9% | 10 |
| 1980s | 24.8% | 24.0% | 25.9% | 10 |
| 1990s | 24.3% | 23.6% | 25.4% | 10 |
| 2000s | 23.7% | 22.9% | 24.4% | 10 |
| 2010s | 24.9% | 23.5% | 26.0% | 10 |
| 2020s | 26.0% | 25.6% | 26.2% | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 8,683 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5766 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 7,910 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.52 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8756 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in World?
- Gross fixed capital formation in World was 25.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in World?
- The highest recorded value was 26.2% in 2021.
- What is the lowest gross fixed capital formation recorded in World?
- The lowest recorded value was 22.9% in 2002.
- How does World rank for gross fixed capital formation?
- World ranks 16th out of 41 groups with data for 2024.
- Is gross fixed capital formation rising or falling in World?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is flat.
- Where does this World 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.