Gross Fixed Capital Formation — Value US$, 2015 prices in Land Locked Developing Countries (LLDCs)
Land Locked Developing Countries (LLDCs): Gross Fixed Capital Formation — Value US$, 2015 prices was 312,184 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Land Locked Developing Countries (LLDCs), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Land Locked Developing Countries (LLDCs) stood at 312,184 million USD. That is the highest value across all 55 years on record.
The figure is up 7.7% on the previous year and up 67.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Land Locked Developing Countries (LLDCs) peaked at 312,184 million USD in 2024 and was at its lowest, 13,125 million USD, in 1970.
That places Land Locked Developing Countries (LLDCs) 23rd out of 30 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Land Locked Developing Countries (LLDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 13,125 million USD | — |
| 1971 | 13,436 million USD | +2.4% |
| 1972 | 14,265 million USD | +6.2% |
| 1973 | 15,171 million USD | +6.4% |
| 1974 | 15,906 million USD | +4.8% |
| 1975 | 17,218 million USD | +8.3% |
| 1976 | 16,678 million USD | -3.1% |
| 1977 | 16,737 million USD | +0.4% |
| 1978 | 18,034 million USD | +7.7% |
| 1979 | 18,105 million USD | +0.4% |
| 1980 | 18,346 million USD | +1.3% |
| 1981 | 19,789 million USD | +7.9% |
| 1982 | 18,180 million USD | -8.1% |
| 1983 | 17,065 million USD | -6.1% |
| 1984 | 16,602 million USD | -2.7% |
| 1985 | 17,154 million USD | +3.3% |
| 1986 | 17,528 million USD | +2.2% |
| 1987 | 18,082 million USD | +3.2% |
| 1988 | 18,341 million USD | +1.4% |
| 1989 | 19,454 million USD | +6.1% |
| 1990 | 24,734 million USD | +27.1% |
| 1991 | 70,048 million USD | +183.2% |
| 1992 | 61,509 million USD | -12.2% |
| 1993 | 53,147 million USD | -13.6% |
| 1994 | 48,190 million USD | -9.3% |
| 1995 | 43,314 million USD | -10.1% |
| 1996 | 43,924 million USD | +1.4% |
| 1997 | 45,653 million USD | +3.9% |
| 1998 | 46,875 million USD | +2.7% |
| 1999 | 46,232 million USD | -1.4% |
| 2000 | 47,539 million USD | +2.8% |
| 2001 | 51,735 million USD | +8.8% |
| 2002 | 55,362 million USD | +7.0% |
| 2003 | 60,762 million USD | +9.8% |
| 2004 | 68,454 million USD | +12.7% |
| 2005 | 77,591 million USD | +13.3% |
| 2006 | 85,574 million USD | +10.3% |
| 2007 | 97,781 million USD | +14.3% |
| 2008 | 113,957 million USD | +16.5% |
| 2009 | 120,608 million USD | +5.8% |
| 2010 | 135,454 million USD | +12.3% |
| 2011 | 152,598 million USD | +12.7% |
| 2012 | 163,507 million USD | +7.1% |
| 2013 | 174,928 million USD | +7.0% |
| 2014 | 186,895 million USD | +6.8% |
| 2015 | 198,929 million USD | +6.4% |
| 2016 | 202,093 million USD | +1.6% |
| 2017 | 217,176 million USD | +7.5% |
| 2018 | 232,906 million USD | +7.2% |
| 2019 | 258,994 million USD | +11.2% |
| 2020 | 249,439 million USD | -3.7% |
| 2021 | 260,489 million USD | +4.4% |
| 2022 | 266,654 million USD | +2.4% |
| 2023 | 289,949 million USD | +8.7% |
| 2024 | 312,184 million USD | +7.7% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Land Locked Developing Countries (LLDCs) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +183.2% | 24,734 million USD | 70,048 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,867 million USD | 13,125 million USD | 18,105 million USD | 10 |
| 1980s | 18,054 million USD | 16,602 million USD | 19,789 million USD | 10 |
| 1990s | 48,363 million USD | 24,734 million USD | 70,048 million USD | 10 |
| 2000s | 77,936 million USD | 47,539 million USD | 120,608 million USD | 10 |
| 2010s | 192,348 million USD | 135,454 million USD | 258,994 million USD | 10 |
| 2020s | 275,743 million USD | 249,439 million USD | 312,184 million USD | 5 |
Countries ranked near Land Locked Developing Countries (LLDCs)
- 21 Mexico 320,400 million USD compare
- 22 Spain 275,397 million USD compare
- 23 Saudi Arabia 237,852 million USD compare
- 24 Switzerland 196,956 million USD compare
- 25 Netherlands (Kingdom of the) 188,221 million USD compare
- 26 Sweden 138,125 million USD compare
More economy & growth data for Land Locked Developing Countries (LLDCs)
- Gross Domestic Product — Annual growth US$ 35.14 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 8.31 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 7.67 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.51 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 312,926 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.15 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.55 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 32.04 % (2024)
- Gross Domestic Product — Value US$ per capita 2,647 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Land Locked Developing Countries (LLDCs)?
- Gross fixed capital formation — value us$, 2015 prices in Land Locked Developing Countries (LLDCs) was 312,184 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Land Locked Developing Countries (LLDCs)?
- The highest recorded value was 312,184 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Land Locked Developing Countries (LLDCs)?
- The lowest recorded value was 13,125 million USD in 1970.
- How does Land Locked Developing Countries (LLDCs) rank for gross fixed capital formation — value us$, 2015 prices?
- Land Locked Developing Countries (LLDCs) ranks 23rd out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Land Locked Developing Countries (LLDCs)?
- Over the last ten years it is up 67.0%. The long-run trend across the full record is volatile.
- Where does this Land Locked Developing Countries (LLDCs) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).