Gross Fixed Capital Formation — Value US$, annual growth rate in Northern America
Northern America: Gross Fixed Capital Formation — Value US$, annual growth rate was 5.85 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Northern America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Northern America stood at 5.85 % change on previous year.
That represents a change of down 0.6% on the previous year and down 13.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Northern America peaked at 98.83 % change on previous year in 1972 and was at its lowest, -13.44 % change on previous year, in 2009.
Northern America ranks 10th of 30 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Northern America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 17.1 % change on previous year | — |
| 1972 | 98.83 % change on previous year | +478.1% |
| 1973 | 13.68 % change on previous year | -86.2% |
| 1974 | 8.03 % change on previous year | -41.3% |
| 1975 | 4.18 % change on previous year | -47.9% |
| 1976 | 14.1 % change on previous year | +237.1% |
| 1977 | 16.13 % change on previous year | +14.4% |
| 1978 | 17.7 % change on previous year | +9.8% |
| 1979 | 14.81 % change on previous year | -16.4% |
| 1980 | 5.62 % change on previous year | -62.1% |
| 1981 | 11.83 % change on previous year | +110.6% |
| 1982 | -0.2038 % change on previous year | -101.7% |
| 1983 | 7.57 % change on previous year | -3815.3% |
| 1984 | 15.06 % change on previous year | +98.9% |
| 1985 | 8.21 % change on previous year | -45.5% |
| 1986 | 5.15 % change on previous year | -37.2% |
| 1987 | 4.66 % change on previous year | -9.6% |
| 1988 | 6.41 % change on previous year | +37.7% |
| 1989 | 6.23 % change on previous year | -2.9% |
| 1990 | 1.89 % change on previous year | -69.7% |
| 1991 | -2.55 % change on previous year | -235.1% |
| 1992 | 3.3 % change on previous year | -229.5% |
| 1993 | 5.53 % change on previous year | +67.3% |
| 1994 | 7.63 % change on previous year | +38.0% |
| 1995 | 6.62 % change on previous year | -13.3% |
| 1996 | 7.9 % change on previous year | +19.3% |
| 1997 | 7.85 % change on previous year | -0.6% |
| 1998 | 8.22 % change on previous year | +4.7% |
| 1999 | 8.59 % change on previous year | +4.4% |
| 2000 | 8.02 % change on previous year | -6.6% |
| 2001 | 0.6049 % change on previous year | -92.5% |
| 2002 | -1.11 % change on previous year | -283.1% |
| 2003 | 6 % change on previous year | -642.0% |
| 2004 | 9.84 % change on previous year | +63.9% |
| 2005 | 11.28 % change on previous year | +14.7% |
| 2006 | 7.33 % change on previous year | -35.0% |
| 2007 | 2.57 % change on previous year | -65.0% |
| 2008 | -2.03 % change on previous year | -179.0% |
| 2009 | -13.44 % change on previous year | +562.9% |
| 2010 | 3.48 % change on previous year | -125.9% |
| 2011 | 6.67 % change on previous year | +91.8% |
| 2012 | 8.19 % change on previous year | +22.7% |
| 2013 | 4.47 % change on previous year | -45.5% |
| 2014 | 6.73 % change on previous year | +50.7% |
| 2015 | 2.8 % change on previous year | -58.4% |
| 2016 | 2.12 % change on previous year | -24.3% |
| 2017 | 5.99 % change on previous year | +182.6% |
| 2018 | 6.67 % change on previous year | +11.3% |
| 2019 | 4.14 % change on previous year | -37.8% |
| 2020 | 0.1028 % change on previous year | -97.5% |
| 2021 | 10.64 % change on previous year | +10252.0% |
| 2022 | 9.71 % change on previous year | -8.7% |
| 2023 | 5.88 % change on previous year | -39.5% |
| 2024 | 5.85 % change on previous year | -0.6% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Northern America 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 |
|---|---|---|---|
| 2021 | +10252.0% | 0.1028 % change on previous year | 10.64 % change on previous year |
| 1983 | +3815.3% | -0.2038 % change on previous year | 7.57 % change on previous year |
| 2003 | +642.0% | -1.11 % change on previous year | 6 % change on previous year |
| 2009 | -562.9% | -2.03 % change on previous year | -13.44 % change on previous year |
| 1972 | +478.1% | 17.1 % change on previous year | 98.83 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.73 % change on previous year | 4.18 % change on previous year | 98.83 % change on previous year | 9 |
| 1980s | 7.05 % change on previous year | -0.2038 % change on previous year | 15.06 % change on previous year | 10 |
| 1990s | 5.5 % change on previous year | -2.55 % change on previous year | 8.59 % change on previous year | 10 |
| 2000s | 2.91 % change on previous year | -13.44 % change on previous year | 11.28 % change on previous year | 10 |
| 2010s | 5.13 % change on previous year | 2.12 % change on previous year | 8.19 % change on previous year | 10 |
| 2020s | 6.44 % change on previous year | 0.1028 % change on previous year | 10.64 % change on previous year | 5 |
Countries ranked near Northern America
- 7 Iraq 39.74 % change on previous year compare
- 8 USSR 28.64 % change on previous year compare
- 9 Uzbekistan 27.99 % change on previous year compare
- 10 Afghanistan 26.13 % change on previous year compare
- 11 Sudan (former) 25.4 % change on previous year compare
- 12 Sri Lanka 25.1 % change on previous year compare
- 13 Madagascar 24.99 % change on previous year compare
More economy & growth data for Northern America
- Gross Domestic Product, GDP in millions constant 2021 international $ 29.81 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.06 % (2024)
- Gross Domestic Product — Value US$ 31.41 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 81,512 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 63,589 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.50 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.13 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.47 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.7 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.12 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Northern America?
- Gross fixed capital formation — value us$, annual growth rate in Northern America was 5.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Northern America?
- The highest recorded value was 98.83 % change on previous year in 1972.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Northern America?
- The lowest recorded value was -13.44 % change on previous year in 2009.
- How does Northern America rank for gross fixed capital formation — value us$, annual growth rate?
- Northern America ranks 10th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Northern America?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is volatile.
- Where does this Northern America data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ 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$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.