Gross fixed capital formation, private sector in Least developed countries
Least developed countries: Gross fixed capital formation, private sector was 16.7% in 2024. ▼ Falling
Gross fixed capital formation, private sector in Least developed countries, 2011–2024
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, private sector in Least developed countries is 16.7%, measured in 2024. That is the lowest value across all 14 years on record.
That represents a change of down 4.5% on the previous year and down 11.5% over ten years.
Over the whole period, gross fixed capital formation, private sector in Least developed countries peaked at 21.3% in 2019 and was at its lowest, 16.7%, in 2024.
The long-run direction has been consistently falling across the 14 years of available data.
Gross fixed capital formation, private sector in Least developed countries, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 19.5% | — |
| 2012 | 20.0% | +2.7% |
| 2013 | 19.3% | -3.6% |
| 2014 | 18.9% | -2.1% |
| 2015 | 19.9% | +5.5% |
| 2016 | 21.1% | +6.0% |
| 2017 | 21.0% | -0.7% |
| 2018 | 20.8% | -0.7% |
| 2019 | 21.3% | +2.0% |
| 2020 | 18.7% | -12.0% |
| 2021 | 18.3% | -2.1% |
| 2022 | 18.0% | -1.5% |
| 2023 | 17.5% | -2.9% |
| 2024 | 16.7% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.2% | 18.9% | 21.3% | 9 |
| 2020s | 17.8% | 16.7% | 18.7% | 5 |
Countries ranked near Least developed countries
- 13 Bahrain 26.5% compare
- 14 Kazakhstan 25.7%
- 15 Dominican Republic 25.6% compare
- 16 Brunei Darussalam 25.6% compare
- 17 Panama 25.4% compare
- 18 Senegal 25.3% compare
- 19 Kosovo 24.5% compare
- 19 Kosovo (UNSCR 1244) 24.5% compare
More economy & growth data for Least developed countries
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,063 constant 2015 US$ per person (2025)
- External balance on goods and services -6.8% (2025)
- Trade 43.7% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.57 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 260.34 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7802 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added 185.44 billion constant 2015 US$ (2025)
- GDP (current US$), annual growth rate 7.24 % change on previous year (2025)
- Industry (including construction), value added 29.7% (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Least developed countries?
- Gross fixed capital formation, private sector in Least developed countries was 16.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Least developed countries?
- The highest recorded value was 21.3% in 2019.
- What is the lowest gross fixed capital formation, private sector recorded in Least developed countries?
- The lowest recorded value was 16.7% in 2024.
- How does Least developed countries rank for gross fixed capital formation, private sector?
- Least developed countries ranks 16th out of 17 groups with data for 2024.
- Is gross fixed capital formation, private sector rising or falling in Least developed countries?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this Least developed countries 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.
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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.