Gross fixed capital formation, private sector in Late-demographic dividend
Late-demographic dividend: Gross fixed capital formation, private sector was 30.9% in 2023. ▲ Rising
Gross fixed capital formation, private sector in Late-demographic dividend, 1995–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2023, gross fixed capital formation, private sector in Late-demographic dividend stood at 30.9%.
The figure is down 3.9% on the previous year and down 8.1% over ten years.
Over the whole period, gross fixed capital formation, private sector in Late-demographic dividend peaked at 33.6% in 2013 and was at its lowest, 25.1%, in 1999.
The long-run direction has been consistently rising across the 29 years of available data.
Gross fixed capital formation, private sector in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 26.9% | — |
| 1996 | 26.4% | -1.9% |
| 1997 | 25.5% | -3.4% |
| 1998 | 25.6% | +0.6% |
| 1999 | 25.1% | -1.9% |
| 2000 | 25.5% | +1.4% |
| 2001 | 25.7% | +1.0% |
| 2002 | 26.4% | +2.5% |
| 2003 | 27.7% | +5.1% |
| 2004 | 28.6% | +3.3% |
| 2005 | 28.7% | +0.5% |
| 2006 | 28.5% | -0.8% |
| 2007 | 28.9% | +1.3% |
| 2008 | 29.7% | +2.9% |
| 2009 | 32.7% | +10.1% |
| 2010 | 33.0% | +0.7% |
| 2011 | 32.9% | -0.1% |
| 2012 | 33.4% | +1.5% |
| 2013 | 33.6% | +0.6% |
| 2014 | 33.0% | -1.9% |
| 2015 | 31.5% | -4.6% |
| 2016 | 31.3% | -0.6% |
| 2017 | 31.1% | -0.7% |
| 2018 | 31.9% | +2.8% |
| 2019 | 32.0% | +0.2% |
| 2020 | 30.7% | -4.2% |
| 2021 | 30.4% | -1.0% |
| 2022 | 32.1% | +5.9% |
| 2023 | 30.9% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.9% | 25.1% | 26.9% | 5 |
| 2000s | 28.2% | 25.5% | 32.7% | 10 |
| 2010s | 32.4% | 31.1% | 33.6% | 10 |
| 2020s | 31.0% | 30.4% | 32.1% | 4 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- GDP (constant 2015 US$), annual growth rate 4.45 % change on previous year (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.49 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5152 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 7,047 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 6.31 % change on previous year (2025)
- GDP (current US$), per capita 13,677 current US$ per person (2025)
- GDP (constant 2015 US$), per capita 12,440 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3764 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 3.3 % change on previous year (2024)
- Services, value added (current US$), per capita 7,887 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Late-demographic dividend?
- Gross fixed capital formation, private sector in Late-demographic dividend was 30.9% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Late-demographic dividend?
- The highest recorded value was 33.6% in 2013.
- What is the lowest gross fixed capital formation, private sector recorded in Late-demographic dividend?
- The lowest recorded value was 25.1% in 1999.
- How does Late-demographic dividend rank for gross fixed capital formation, private sector?
- Late-demographic dividend ranks 3rd out of 17 groups with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in Late-demographic dividend?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.