Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 437,904 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Least Developed Countries (LDCs), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Least Developed Countries (LDCs) recorded 437,904 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 6.3% on the previous year and up 69.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Least Developed Countries (LDCs) peaked at 437,904 million USD in 2024 and was at its lowest, 32,079 million USD, in 1970.
That places Least Developed Countries (LDCs) 20th out of 30 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Least Developed Countries (LDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 32,079 million USD | — |
| 1971 | 33,322 million USD | +3.9% |
| 1972 | 33,772 million USD | +1.4% |
| 1973 | 35,504 million USD | +5.1% |
| 1974 | 39,336 million USD | +10.8% |
| 1975 | 39,473 million USD | +0.3% |
| 1976 | 39,816 million USD | +0.9% |
| 1977 | 45,140 million USD | +13.4% |
| 1978 | 44,216 million USD | -2.0% |
| 1979 | 46,060 million USD | +4.2% |
| 1980 | 49,646 million USD | +7.8% |
| 1981 | 48,266 million USD | -2.8% |
| 1982 | 48,034 million USD | -0.5% |
| 1983 | 45,106 million USD | -6.1% |
| 1984 | 45,497 million USD | +0.9% |
| 1985 | 43,820 million USD | -3.7% |
| 1986 | 45,100 million USD | +2.9% |
| 1987 | 43,794 million USD | -2.9% |
| 1988 | 44,292 million USD | +1.1% |
| 1989 | 40,404 million USD | -8.8% |
| 1990 | 41,702 million USD | +3.2% |
| 1991 | 46,554 million USD | +11.6% |
| 1992 | 55,778 million USD | +19.8% |
| 1993 | 50,567 million USD | -9.3% |
| 1994 | 52,149 million USD | +3.1% |
| 1995 | 61,058 million USD | +17.1% |
| 1996 | 74,768 million USD | +22.5% |
| 1997 | 72,211 million USD | -3.4% |
| 1998 | 85,803 million USD | +18.8% |
| 1999 | 80,533 million USD | -6.1% |
| 2000 | 71,486 million USD | -11.2% |
| 2001 | 75,642 million USD | +5.8% |
| 2002 | 85,153 million USD | +12.6% |
| 2003 | 95,426 million USD | +12.1% |
| 2004 | 106,676 million USD | +11.8% |
| 2005 | 120,066 million USD | +12.6% |
| 2006 | 129,374 million USD | +7.8% |
| 2007 | 144,632 million USD | +11.8% |
| 2008 | 164,258 million USD | +13.6% |
| 2009 | 178,796 million USD | +8.9% |
| 2010 | 192,111 million USD | +7.4% |
| 2011 | 206,292 million USD | +7.4% |
| 2012 | 232,227 million USD | +12.6% |
| 2013 | 247,081 million USD | +6.4% |
| 2014 | 258,337 million USD | +4.6% |
| 2015 | 263,073 million USD | +1.8% |
| 2016 | 276,097 million USD | +5.0% |
| 2017 | 283,672 million USD | +2.7% |
| 2018 | 309,872 million USD | +9.2% |
| 2019 | 327,511 million USD | +5.7% |
| 2020 | 325,369 million USD | -0.7% |
| 2021 | 353,685 million USD | +8.7% |
| 2022 | 382,057 million USD | +8.0% |
| 2023 | 411,825 million USD | +7.8% |
| 2024 | 437,904 million USD | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,872 million USD | 32,079 million USD | 46,060 million USD | 10 |
| 1980s | 45,396 million USD | 40,404 million USD | 49,646 million USD | 10 |
| 1990s | 62,112 million USD | 41,702 million USD | 85,803 million USD | 10 |
| 2000s | 117,151 million USD | 71,486 million USD | 178,796 million USD | 10 |
| 2010s | 259,627 million USD | 192,111 million USD | 327,511 million USD | 10 |
| 2020s | 382,168 million USD | 325,369 million USD | 437,904 million USD | 5 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Domestic Product — Value US$ 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$, 2015 prices 1.41 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 6.33 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Least Developed Countries (LDCs)?
- Gross fixed capital formation — value us$, 2015 prices in Least Developed Countries (LDCs) was 437,904 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 437,904 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 32,079 million USD in 1970.
- How does Least Developed Countries (LDCs) rank for gross fixed capital formation — value us$, 2015 prices?
- Least Developed Countries (LDCs) ranks 20th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) 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).