Gross fixed capital formation, private sector (% of GDP) by country
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to...
What the numbers show
Gross fixed capital formation, private sector (% of GDP) is currently reported for 104 countries. The highest value is 35.5% in Bhutan; the lowest is 0.0% in Tajikistan.
The median across all reporting countries is 16.3%, and the mean is 17.0%.
Over the past decade 47 countries rose and 54 fell. The largest increase was in Georgia (up 1,468.8%), and the largest decrease in Tajikistan (down 100.0%).
Gross fixed capital formation, private sector: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Bhutan | 35.5% | 2024 | down 21.1% | falling |
| 2 | China | 33.5% | 2023 | down 13.4% | rising |
| 3 | Belarus | 32.6% | 2013 | up 63.0% | rising |
| 4 | Curacao | 31.0% | 2018 | up 5.9% | flat |
| 5 | Mongolia | 29.5% | 2007 | up 41.1% | rising |
| 6 | Guam | 29.1% | 2022 | up 46.9% | rising |
| 7 | Suriname | 29.1% | 2010 | — | rising |
| 8 | Benin | 29.0% | 2025 | up 78.5% | rising |
| 9 | India | 27.7% | 2023 | down 0.1% | falling |
| 10 | Botswana | 27.5% | 2013 | up 66.3% | falling |
| 11 | Saudi Arabia | 26.9% | 2025 | up 42.8% | rising |
| 12 | Uzbekistan | 26.7% | 2009 | up 42.7% | rising |
| 13 | Bahrain | 26.5% | 2024 | up 18.5% | rising |
| 14 | Kazakhstan | 25.7% | 2006 | up 56.6% | flat |
| 15 | Dominican Republic | 25.6% | 2023 | up 39.6% | rising |
| 16 | Brunei | 25.6% | 2025 | down 10.3% | rising |
| 17 | Panama | 25.4% | 2024 | down 22.4% | rising |
| 18 | Senegal | 25.3% | 2025 | up 48.7% | rising |
| 19 | Kosovo | 24.5% | 2024 | up 26.2% | rising |
| 20 | El Salvador | 24.1% | 2025 | up 82.9% | rising |
| 21 | South Korea | 23.8% | 2025 | down 4.8% | rising |
| 22 | Brazil | 23.7% | 1989 | up 16.7% | rising |
| 23 | Tanzania | 23.0% | 2025 | up 1.5% | rising |
| 24 | Georgia | 22.9% | 2002 | up 1,468.8% | volatile |
| 25 | Gambia | 22.6% | 2025 | up 46.1% | rising |
| 26 | Moldova | 22.6% | 2005 | up 63.0% | rising |
| 27 | Chile | 22.4% | 2025 | down 1.4% | flat |
| 28 | Bangladesh | 22.0% | 2025 | down 0.2% | rising |
| 29 | Laos | 21.2% | 2016 | down 1.0% | rising |
| 30 | Lesotho | 21.1% | 1981 | up 62.5% | volatile |
| 31 | Australia | 20.3% | 2025 | down 11.5% | falling |
| 32 | Tunisia | 20.2% | 2007 | up 3.4% | rising |
| 33 | Namibia | 19.9% | 2025 | down 23.3% | falling |
| 34 | Honduras | 19.8% | 2025 | down 6.1% | rising |
| 35 | Gabon | 19.8% | 2025 | down 18.0% | falling |
| 36 | Croatia | 19.7% | 2025 | up 25.8% | rising |
| 37 | Romania | 19.4% | 2024 | down 3.5% | rising |
| 38 | Mexico | 19.2% | 2025 | down 2.3% | rising |
| 39 | Djibouti | 19.2% | 2024 | up 4.9% | rising |
| 40 | North Macedonia | 19.1% | 2024 | up 12.1% | rising |
| 41 | Guyana | 19.0% | 2005 | up 12.1% | falling |
| 42 | Algeria | 18.3% | 1998 | up 32.1% | falling |
| 43 | Congo | 17.7% | 2020 | down 40.2% | volatile |
| 44 | Singapore | 17.6% | 2025 | down 20.1% | flat |
| 45 | Niger | 17.6% | 2025 | down 19.7% | volatile |
| 46 | Sri Lanka | 17.3% | 2009 | down 28.0% | rising |
| 47 | Ghana | 17.0% | 2005 | up 140.0% | volatile |
| 48 | Guinea-Bissau | 16.9% | 2025 | up 56.5% | rising |
| 49 | Serbia | 16.7% | 2024 | — | flat |
| 50 | Thailand | 16.5% | 2025 | down 9.3% | falling |
| 51 | Malaysia | 16.5% | 2025 | down 2.3% | falling |
| 52 | Turkmenistan | 16.3% | 2024 | down 55.4% | falling |
| 53 | Russia | 16.3% | 2021 | down 11.7% | rising |
| 54 | Mauritius | 16.3% | 2025 | up 34.1% | flat |
| 55 | Sudan | 16.0% | 2000 | up 65.0% | rising |
| 56 | Ukraine | 16.0% | 1999 | down 2.5% | falling |
| 57 | United Arab Emirates | 16.0% | 2009 | up 31.7% | rising |
| 58 | Cameroon | 15.7% | 2025 | up 17.0% | falling |
| 59 | Nepal | 15.6% | 2025 | down 32.9% | rising |
| 60 | Ecuador | 15.4% | 2023 | up 33.9% | rising |
| 61 | Uruguay | 15.2% | 2015 | up 15.6% | rising |
| 62 | Guatemala | 15.2% | 2025 | up 14.7% | rising |
| 63 | Nicaragua | 15.1% | 2025 | down 30.6% | falling |
| 64 | Turkey | 14.9% | 1997 | up 3.5% | flat |
| 65 | Madagascar | 14.8% | 2025 | down 7.1% | volatile |
| 66 | Ethiopia | 14.6% | 2025 | down 37.1% | falling |
| 67 | Papua New Guinea | 14.1% | 1993 | down 40.1% | flat |
| 68 | Seychelles | 14.0% | 2025 | down 39.4% | rising |
| 69 | Costa Rica | 13.9% | 2025 | down 4.3% | falling |
| 70 | Uganda | 13.4% | 2025 | down 28.7% | rising |
| 71 | Togo | 13.3% | 2023 | down 3.1% | rising |
| 72 | Sierra Leone | 13.0% | 2025 | up 30.3% | volatile |
| 73 | Puerto Rico | 12.9% | 2025 | up 66.2% | rising |
| 74 | Democratic Republic of Congo | 12.9% | 2025 | down 6.3% | volatile |
| 75 | Cote d'Ivoire | 12.7% | 2025 | down 31.8% | rising |
| 76 | Peru | 12.6% | 1987 | up 155.8% | falling |
| 77 | Bulgaria | 12.6% | 1994 | down 35.8% | falling |
| 78 | Poland | 12.2% | 2024 | down 20.1% | falling |
| 79 | Azerbaijan | 11.8% | 2007 | down 66.9% | rising |
| 80 | South Africa | 11.5% | 2025 | down 21.1% | falling |
| 81 | Chad | 11.1% | 2025 | up 364.8% | volatile |
| 82 | Haiti | 11.1% | 2025 | up 36.2% | rising |
| 83 | Hong Kong | 11.0% | 2025 | down 37.2% | falling |
| 84 | Guinea | 10.8% | 2005 | up 12.5% | rising |
| 85 | Northern Mariana Islands | 10.7% | 2022 | up 0.8% | rising |
| 86 | Afghanistan | 10.4% | 2024 | — | rising |
| 87 | Eritrea | 10.3% | 2011 | down 57.1% | falling |
| 88 | Colombia | 10.2% | 1989 | up 1.7% | falling |
| 89 | Burkina Faso | 10.2% | 2022 | down 7.1% | flat |
| 90 | Pakistan | 9.9% | 2025 | down 14.9% | falling |
| 91 | United States Virgin Islands | 9.6% | 2022 | up 34.3% | flat |
| 92 | Central African Republic | 8.6% | 2025 | down 4.1% | flat |
| 93 | Angola | 7.3% | 2024 | down 59.6% | volatile |
| 94 | Macao | 7.3% | 2025 | down 67.1% | falling |
| 95 | East Timor | 7.1% | 2024 | down 12.9% | falling |
| 96 | Egypt | 6.6% | 2025 | down 13.1% | falling |
| 97 | American Samoa | 6.1% | 2022 | down 27.9% | rising |
| 98 | Oman | 5.5% | 1997 | up 0.3% | falling |
| 99 | Yemen | 5.3% | 2018 | down 45.6% | volatile |
| 100 | Zimbabwe | 4.5% | 2024 | up 148.3% | volatile |
| 101 | Syria | 3.0% | 2022 | down 67.7% | falling |
| 102 | Equatorial Guinea | 2.9% | 2025 | down 5.2% | volatile |
| 103 | Lebanon | 1.2% | 2024 | down 94.8% | falling |
| 104 | Tajikistan | 0.0% | 1999 | down 100.0% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (excluding high income) 32.4%
- East Asia & Pacific (IDA & IBRD countries) 32.4%
- Late-demographic dividend 30.9%
- Upper middle income 30.0%
- East Asia & Pacific 29.6%
- IBRD only 28.0%
- IDA & IBRD total 27.5%
- South Asia 27.3%
- South Asia (IDA & IBRD) 27.3%
- Lower middle income 22.3%
- Latin America & Caribbean (excluding high income) 18.5%
- Latin America & Caribbean 18.2%
- Latin America & the Caribbean (IDA & IBRD countries) 18.2%
- Europe & Central Asia (excluding high income) 17.1%
- Europe & Central Asia (IDA & IBRD countries) 17.0%
- Least developed countries 16.7%
- Africa Eastern and Southern 12.6%
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.