Gross Fixed Capital Formation — Value US$ (US Value) in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Gross Fixed Capital Formation — Value US$ (US Value) was 380,646 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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 380,646 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.5% on the previous year and up 42.9% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Least Developed Countries (LDCs) peaked at 380,646 million USD in 2024 and was at its lowest, 6,696 million USD, in 1970.
Least Developed Countries (LDCs) ranks 21st 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$ (US Value) in Least Developed Countries (LDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 6,696 million USD | — |
| 1971 | 7,892 million USD | +17.9% |
| 1972 | 8,474 million USD | +7.4% |
| 1973 | 9,489 million USD | +12.0% |
| 1974 | 12,405 million USD | +30.7% |
| 1975 | 12,867 million USD | +3.7% |
| 1976 | 13,160 million USD | +2.3% |
| 1977 | 16,528 million USD | +25.6% |
| 1978 | 17,497 million USD | +5.9% |
| 1979 | 19,768 million USD | +13.0% |
| 1980 | 23,054 million USD | +16.6% |
| 1981 | 22,763 million USD | -1.3% |
| 1982 | 22,578 million USD | -0.8% |
| 1983 | 18,468 million USD | -18.2% |
| 1984 | 18,728 million USD | +1.4% |
| 1985 | 20,008 million USD | +6.8% |
| 1986 | 21,625 million USD | +8.1% |
| 1987 | 23,482 million USD | +8.6% |
| 1988 | 24,472 million USD | +4.2% |
| 1989 | 24,586 million USD | +0.5% |
| 1990 | 30,419 million USD | +23.7% |
| 1991 | 25,946 million USD | -14.7% |
| 1992 | 26,344 million USD | +1.5% |
| 1993 | 27,483 million USD | +4.3% |
| 1994 | 28,332 million USD | +3.1% |
| 1995 | 29,857 million USD | +5.4% |
| 1996 | 34,597 million USD | +15.9% |
| 1997 | 33,161 million USD | -4.2% |
| 1998 | 36,767 million USD | +10.9% |
| 1999 | 36,851 million USD | +0.2% |
| 2000 | 36,938 million USD | +0.2% |
| 2001 | 37,813 million USD | +2.4% |
| 2002 | 46,301 million USD | +22.4% |
| 2003 | 51,662 million USD | +11.6% |
| 2004 | 62,128 million USD | +20.3% |
| 2005 | 74,292 million USD | +19.6% |
| 2006 | 89,457 million USD | +20.4% |
| 2007 | 111,433 million USD | +24.6% |
| 2008 | 141,075 million USD | +26.6% |
| 2009 | 150,452 million USD | +6.6% |
| 2010 | 166,049 million USD | +10.4% |
| 2011 | 202,192 million USD | +21.8% |
| 2012 | 216,352 million USD | +7.0% |
| 2013 | 239,000 million USD | +10.5% |
| 2014 | 266,337 million USD | +11.4% |
| 2015 | 263,073 million USD | -1.2% |
| 2016 | 269,430 million USD | +2.4% |
| 2017 | 298,180 million USD | +10.7% |
| 2018 | 304,720 million USD | +2.2% |
| 2019 | 323,094 million USD | +6.0% |
| 2020 | 313,214 million USD | -3.1% |
| 2021 | 346,713 million USD | +10.7% |
| 2022 | 358,430 million USD | +3.4% |
| 2023 | 371,518 million USD | +3.7% |
| 2024 | 380,646 million USD | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12,478 million USD | 6,696 million USD | 19,768 million USD | 10 |
| 1980s | 21,976 million USD | 18,468 million USD | 24,586 million USD | 10 |
| 1990s | 30,976 million USD | 25,946 million USD | 36,851 million USD | 10 |
| 2000s | 80,155 million USD | 36,938 million USD | 150,452 million USD | 10 |
| 2010s | 254,843 million USD | 166,049 million USD | 323,094 million USD | 10 |
| 2020s | 354,104 million USD | 313,214 million USD | 380,646 million USD | 5 |
Countries ranked near Least Developed Countries (LDCs)
- 19 Indonesia 409,434 million USD compare
- 20 Brazil 371,217 million USD compare
- 21 Spain 340,538 million USD compare
- 22 Saudi Arabia 311,076 million USD compare
- 23 Netherlands (Kingdom of the) 242,525 million USD compare
- 24 Switzerland 228,997 million USD compare
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$ in Least Developed Countries (LDCs)?
- Gross fixed capital formation — value us$ in Least Developed Countries (LDCs) was 380,646 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 Least Developed Countries (LDCs)?
- The highest recorded value was 380,646 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 6,696 million USD in 1970.
- How does Least Developed Countries (LDCs) rank for gross fixed capital formation — value us$?
- Least Developed Countries (LDCs) ranks 21st out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 42.9%. 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$. 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).