Gross Fixed Capital Formation — Value Standard Local Currency in Canada

Canada: Gross Fixed Capital Formation — Value Standard Local Currency was 685,093 million SLC in 2024. ◆ Volatile

Latest (2024)
685,093 million SLC
Change on year
up 3.7%
World rank
83rd
of 230 countries
All-time high
685,093 million SLC
in 2024
All-time low
20,146 million SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency in Canada, 1970–2024

0200.0k400.0k600.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency in Canada is 685,093 million SLC, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 3.7% on the previous year and up 40.8% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency in Canada peaked at 685,093 million SLC in 2024 and was at its lowest, 20,146 million SLC, in 1970.

Canada ranks 83rd of 230 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency in Canada, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency in Canada, 1970 to 2024.
Year million SLC Change
1970 20,146 million SLC —
1971 22,862 million SLC +13.5%
1972 25,195 million SLC +10.2%
1973 30,192 million SLC +19.8%
1974 37,198 million SLC +23.2%
1975 43,194 million SLC +16.1%
1976 49,001 million SLC +13.4%
1977 52,985 million SLC +8.1%
1978 57,838 million SLC +9.2%
1979 67,030 million SLC +15.9%
1980 77,023 million SLC +14.9%
1981 92,162 million SLC +19.7%
1982 87,607 million SLC -4.9%
1983 88,575 million SLC +1.1%
1984 93,135 million SLC +5.1%
1985 103,538 million SLC +11.2%
1986 110,785 million SLC +7.0%
1987 125,550 million SLC +13.3%
1988 141,858 million SLC +13.0%
1989 154,204 million SLC +8.7%
1990 150,956 million SLC -2.1%
1991 142,205 million SLC -5.8%
1992 139,271 million SLC -2.1%
1993 139,372 million SLC +0.1%
1994 153,597 million SLC +10.2%
1995 152,580 million SLC -0.7%
1996 161,707 million SLC +6.0%
1997 184,101 million SLC +13.8%
1998 193,327 million SLC +5.0%
1999 203,502 million SLC +5.3%
2000 216,781 million SLC +6.5%
2001 230,644 million SLC +6.4%
2002 238,438 million SLC +3.4%
2003 251,104 million SLC +5.3%
2004 278,827 million SLC +11.0%
2005 310,435 million SLC +11.3%
2006 342,494 million SLC +10.3%
2007 368,210 million SLC +7.5%
2008 388,891 million SLC +5.6%
2009 350,517 million SLC -9.9%
2010 390,875 million SLC +11.5%
2011 417,091 million SLC +6.7%
2012 447,559 million SLC +7.3%
2013 460,101 million SLC +2.8%
2014 486,542 million SLC +5.7%
2015 474,732 million SLC -2.4%
2016 461,262 million SLC -2.8%
2017 485,847 million SLC +5.3%
2018 506,963 million SLC +4.3%
2019 522,402 million SLC +3.0%
2020 514,812 million SLC -1.5%
2021 608,580 million SLC +18.2%
2022 655,217 million SLC +7.7%
2023 660,446 million SLC +0.8%
2024 685,093 million SLC +3.7%

Canada compared with similar countries

  • Canada's 685,093 million SLC is above the median for high income countries, which is 36,467 million SLC, 18.8× the median. (73 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 40,564 million SLC 20,146 million SLC 67,030 million SLC 10
1980s 107,444 million SLC 77,023 million SLC 154,204 million SLC 10
1990s 162,062 million SLC 139,271 million SLC 203,502 million SLC 10
2000s 297,634 million SLC 216,781 million SLC 388,891 million SLC 10
2010s 465,337 million SLC 390,875 million SLC 522,402 million SLC 10
2020s 624,830 million SLC 514,812 million SLC 685,093 million SLC 5

Countries ranked near Canada

  1. 80 Jamaica 763,074 million SLC compare
  2. 81 Australia 703,358 million SLC compare
  3. 82 South Sudan 692,561 million SLC compare
  4. 84 Denmark 661,843 million SLC compare
  5. 85 France 653,277 million SLC compare
  6. 86 Poland 607,406 million SLC compare

See the full ranking of 231 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is gross fixed capital formation — value standard local currency in Canada?
Gross fixed capital formation — value standard local currency in Canada was 685,093 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value standard local currency recorded in Canada?
The highest recorded value was 685,093 million SLC in 2024.
What is the lowest gross fixed capital formation — value standard local currency recorded in Canada?
The lowest recorded value was 20,146 million SLC in 1970.
How does Canada rank for gross fixed capital formation — value standard local currency?
Canada ranks 83rd out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency rising or falling in Canada?
Over the last ten years it is up 40.8%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency in Canada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency/canada/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
231 places, 11,667 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).