Gross fixed capital formation, private sector in Lower middle income
Lower middle income: Gross fixed capital formation, private sector was 22.3% in 2023. ▬ Flat
Gross fixed capital formation, private sector in Lower middle income, 2010–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Lower middle income recorded 22.3% for gross fixed capital formation, private sector in 2023.
Compared with earlier readings it is down 3.6% on the previous year and down 3.4% over ten years.
Over the whole period, gross fixed capital formation, private sector in Lower middle income peaked at 24.8% in 2012 and was at its lowest, 20.1%, in 2020.
Gross fixed capital formation, private sector in Lower middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 20.1% | — |
| 2011 | 23.5% | +16.7% |
| 2012 | 24.8% | +5.8% |
| 2013 | 23.1% | -7.1% |
| 2014 | 22.3% | -3.3% |
| 2015 | 21.8% | -2.4% |
| 2016 | 21.1% | -3.0% |
| 2017 | 21.4% | +1.3% |
| 2018 | 22.2% | +3.8% |
| 2019 | 21.7% | -2.4% |
| 2020 | 20.1% | -7.4% |
| 2021 | 21.3% | +6.3% |
| 2022 | 23.1% | +8.5% |
| 2023 | 22.3% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.2% | 20.1% | 24.8% | 10 |
| 2020s | 21.7% | 20.1% | 23.1% | 4 |
Countries ranked near Lower middle income
More economy & growth data for Lower middle income
- Industry (including construction), value added (constant 2015 US$) 0.3146 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 2.29 trillion current US$ (2025)
- Industry (including construction), value added 2.30 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 7.0% (2025)
- Industry (including construction), value added 31.3% (2025)
- Industry (including construction), value added (constant 2015 US$) 6.97 % change on previous year (2025)
- Services, value added 4.48 trillion current US$ (2025)
- Services, value added 4.49 trillion constant 2015 US$ (2025)
- Services, value added 61.3% (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6149 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Lower middle income?
- Gross fixed capital formation, private sector in Lower middle income was 22.3% 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 Lower middle income?
- The highest recorded value was 24.8% in 2012.
- What is the lowest gross fixed capital formation, private sector recorded in Lower middle income?
- The lowest recorded value was 20.1% in 2020.
- How does Lower middle income rank for gross fixed capital formation, private sector?
- Lower middle income ranks 10th out of 17 groups with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in Lower middle income?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is flat.
- Where does this Lower middle income 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.