Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 6.33 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Least Developed Countries (LDCs), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in Least Developed Countries (LDCs) is 6.33 % change on previous year, measured in 2024.
Compared with earlier readings it is down 18.7% on the previous year and up 39.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Least Developed Countries (LDCs) peaked at 22.45 % change on previous year in 1996 and was at its lowest, -11.23 % change on previous year, in 2000.
That places Least Developed Countries (LDCs) 5th out of 30 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Least Developed Countries (LDCs), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.87 % change on previous year | — |
| 1972 | 1.35 % change on previous year | -65.1% |
| 1973 | 5.13 % change on previous year | +278.9% |
| 1974 | 10.79 % change on previous year | +110.6% |
| 1975 | 0.3478 % change on previous year | -96.8% |
| 1976 | 0.8687 % change on previous year | +149.8% |
| 1977 | 13.37 % change on previous year | +1439.3% |
| 1978 | -2.05 % change on previous year | -115.3% |
| 1979 | 4.17 % change on previous year | -303.8% |
| 1980 | 7.79 % change on previous year | +86.7% |
| 1981 | -2.78 % change on previous year | -135.7% |
| 1982 | -0.4798 % change on previous year | -82.7% |
| 1983 | -6.1 % change on previous year | +1170.7% |
| 1984 | 0.8673 % change on previous year | -114.2% |
| 1985 | -3.69 % change on previous year | -524.9% |
| 1986 | 2.92 % change on previous year | -179.3% |
| 1987 | -2.9 % change on previous year | -199.1% |
| 1988 | 1.14 % change on previous year | -139.2% |
| 1989 | -8.78 % change on previous year | -873.0% |
| 1990 | 3.21 % change on previous year | -136.6% |
| 1991 | 11.64 % change on previous year | +262.2% |
| 1992 | 19.81 % change on previous year | +70.3% |
| 1993 | -9.34 % change on previous year | -147.2% |
| 1994 | 3.13 % change on previous year | -133.5% |
| 1995 | 17.08 % change on previous year | +446.1% |
| 1996 | 22.45 % change on previous year | +31.4% |
| 1997 | -3.42 % change on previous year | -115.2% |
| 1998 | 18.82 % change on previous year | -650.3% |
| 1999 | -6.14 % change on previous year | -132.6% |
| 2000 | -11.23 % change on previous year | +82.9% |
| 2001 | 5.81 % change on previous year | -151.8% |
| 2002 | 12.57 % change on previous year | +116.3% |
| 2003 | 12.06 % change on previous year | -4.1% |
| 2004 | 11.79 % change on previous year | -2.3% |
| 2005 | 12.55 % change on previous year | +6.5% |
| 2006 | 7.75 % change on previous year | -38.2% |
| 2007 | 11.79 % change on previous year | +52.1% |
| 2008 | 13.57 % change on previous year | +15.1% |
| 2009 | 8.85 % change on previous year | -34.8% |
| 2010 | 7.45 % change on previous year | -15.9% |
| 2011 | 7.38 % change on previous year | -0.9% |
| 2012 | 12.57 % change on previous year | +70.3% |
| 2013 | 6.4 % change on previous year | -49.1% |
| 2014 | 4.56 % change on previous year | -28.8% |
| 2015 | 1.83 % change on previous year | -59.8% |
| 2016 | 4.95 % change on previous year | +170.1% |
| 2017 | 2.74 % change on previous year | -44.6% |
| 2018 | 9.24 % change on previous year | +236.6% |
| 2019 | 5.69 % change on previous year | -38.4% |
| 2020 | -0.654 % change on previous year | -111.5% |
| 2021 | 8.7 % change on previous year | -1430.6% |
| 2022 | 8.02 % change on previous year | -7.8% |
| 2023 | 7.79 % change on previous year | -2.9% |
| 2024 | 6.33 % change on previous year | -18.7% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Least Developed Countries (LDCs) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +1439.3% | 0.8687 % change on previous year | 13.37 % change on previous year |
| 2021 | +1430.6% | -0.654 % change on previous year | 8.7 % change on previous year |
| 1983 | -1170.7% | -0.4798 % change on previous year | -6.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.21 % change on previous year | -2.05 % change on previous year | 13.37 % change on previous year | 9 |
| 1980s | -1.2 % change on previous year | -8.78 % change on previous year | 7.79 % change on previous year | 10 |
| 1990s | 7.72 % change on previous year | -9.34 % change on previous year | 22.45 % change on previous year | 10 |
| 2000s | 8.55 % change on previous year | -11.23 % change on previous year | 13.57 % change on previous year | 10 |
| 2010s | 6.28 % change on previous year | 1.83 % change on previous year | 12.57 % change on previous year | 10 |
| 2020s | 6.04 % change on previous year | -0.654 % change on previous year | 8.7 % change on previous year | 5 |
Countries ranked near Least Developed Countries (LDCs)
- 2 Guinea 45.63 % change on previous year compare
- 3 Uzbekistan 27.61 % change on previous year compare
- 4 Iraq 26.64 % change on previous year compare
- 5 Central African Republic 22.96 % change on previous year compare
- 6 Sierra Leone 21.79 % change on previous year compare
- 7 Bahamas 20.66 % change on previous year compare
- 8 Mongolia 19.72 % change on previous year compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.54 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.23 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Least Developed Countries (LDCs)?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Least Developed Countries (LDCs) was 6.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 22.45 % change on previous year in 1996.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was -11.23 % change on previous year in 2000.
- How does Least Developed Countries (LDCs) rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Least Developed Countries (LDCs) ranks 5th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 39.0%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.