Gross Fixed Capital Formation — Value US$ in Canada

Canada: Gross Fixed Capital Formation — Value US$ was 500,302 million USD in 2024. ◆ Volatile

Latest (2024)
500,302 million USD
Change on year
up 2.3%
World rank
12th
of 235 countries
All-time high
503,411 million USD
in 2022
All-time low
19,293 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Canada, 1970–2024

0100.0k200.0k300.0k400.0k500.0k197019972024

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

Analysis

The most recent figure for gross fixed capital formation — value us$ in Canada is 500,302 million USD, measured in 2024.

The figure is up 2.3% on the previous year and up 13.6% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Canada peaked at 503,411 million USD in 2022 and was at its lowest, 19,293 million USD, in 1970.

Canada ranks 12th of 235 countries on this measure, in the top 10%.

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

Gross Fixed Capital Formation — Value US$ in Canada, year by year

Annual values for Gross Fixed Capital Formation — Value US$ in Canada, 1970 to 2024.
Year million USD Change
1970 19,293 million USD —
1971 22,640 million USD +17.3%
1972 25,432 million USD +12.3%
1973 30,189 million USD +18.7%
1974 38,034 million USD +26.0%
1975 42,465 million USD +11.7%
1976 49,695 million USD +17.0%
1977 49,824 million USD +0.3%
1978 50,706 million USD +1.8%
1979 57,221 million USD +12.8%
1980 65,875 million USD +15.1%
1981 76,872 million USD +16.7%
1982 71,010 million USD -7.6%
1983 71,871 million USD +1.2%
1984 71,915 million USD +0.1%
1985 75,824 million USD +5.4%
1986 79,732 million USD +5.2%
1987 94,684 million USD +18.8%
1988 115,266 million USD +21.7%
1989 130,243 million USD +13.0%
1990 129,379 million USD -0.7%
1991 124,118 million USD -4.1%
1992 115,222 million USD -7.2%
1993 108,033 million USD -6.2%
1994 112,470 million USD +4.1%
1995 111,174 million USD -1.2%
1996 118,595 million USD +6.7%
1997 132,964 million USD +12.1%
1998 130,318 million USD -2.0%
1999 136,973 million USD +5.1%
2000 145,942 million USD +6.5%
2001 148,914 million USD +2.0%
2002 151,838 million USD +2.0%
2003 179,230 million USD +18.0%
2004 214,271 million USD +19.6%
2005 256,260 million USD +19.6%
2006 301,931 million USD +17.8%
2007 342,825 million USD +13.5%
2008 364,442 million USD +6.3%
2009 307,058 million USD -15.7%
2010 379,449 million USD +23.6%
2011 421,620 million USD +11.1%
2012 447,844 million USD +6.2%
2013 446,640 million USD -0.3%
2014 440,410 million USD -1.4%
2015 371,236 million USD -15.7%
2016 347,961 million USD -6.3%
2017 374,323 million USD +7.6%
2018 391,230 million USD +4.5%
2019 393,733 million USD +0.6%
2020 383,858 million USD -2.5%
2021 485,359 million USD +26.4%
2022 503,411 million USD +3.7%
2023 489,252 million USD -2.8%
2024 500,302 million USD +2.3%

Canada compared with similar countries

  • Canada's 500,302 million USD is above the median for high income countries, which is 20,129 million USD, 24.9× the median. (73 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 38,550 million USD 19,293 million USD 57,221 million USD 10
1980s 85,329 million USD 65,875 million USD 130,243 million USD 10
1990s 121,925 million USD 108,033 million USD 136,973 million USD 10
2000s 241,271 million USD 145,942 million USD 364,442 million USD 10
2010s 401,445 million USD 347,961 million USD 447,844 million USD 10
2020s 472,436 million USD 383,858 million USD 503,411 million USD 5

Countries ranked near Canada

  1. 9 Republic of Korea 599,124 million USD compare
  2. 10 Australia and New Zealand 529,563 million USD compare
  3. 11 Italy 523,201 million USD compare
  4. 13 Russian Federation 471,135 million USD compare
  5. 13 Russia 471,135 million USD compare
  6. 15 Australia 464,153 million USD compare

See the full ranking of 265 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is gross fixed capital formation — value us$ in Canada?
Gross fixed capital formation — value us$ in Canada was 500,302 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Canada?
The highest recorded value was 503,411 million USD in 2022.
What is the lowest gross fixed capital formation — value us$ recorded in Canada?
The lowest recorded value was 19,293 million USD in 1970.
How does Canada rank for gross fixed capital formation — value us$?
Canada ranks 12th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Canada?
Over the last ten years it is up 13.6%. 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 US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$ in Canada. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/canada/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 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).