Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — North America

Gross capital formation in US dollars in North America in 2024 — 6,835,574,981,900 US$. Since 1970, the indicator has risen by 2,640.5%.

2024 6.84T US$ +4.85% vs 2023
World rank
Period maximum 6.84T US$2024
Period minimum 249B US$1970

Trend over time

1970–2024 · US$

Gross capital formation in US dollars — North America, 1970–202402T4T6T8T19701976198219881994200020062012201820241970: 249,424,562,493 US$1971: 278,414,055,491 US$1972: 315,156,499,155 US$1973: 364,719,711,677 US$1974: 392,405,787,976 US$1975: 385,078,370,290 US$1976: 465,055,967,499 US$1977: 541,492,206,860 US$1978: 635,656,681,386 US$1979: 721,266,698,683 US$1980: 731,538,621,914 US$1981: 856,522,545,531 US$1982: 800,884,492,496 US$1983: 878,050,292,235 US$1984: 1,088,336,688,206 US$1985: 1,128,686,283,059 US$1986: 1,169,720,089,939 US$1987: 1,243,209,753,787 US$1988: 1,315,455,880,383 US$1989: 1,404,433,821,281 US$1990: 1,411,189,935,951 US$1991: 1,357,275,916,345 US$1992: 1,418,741,843,213 US$1993: 1,506,097,554,072 US$1994: 1,664,291,863,437 US$1995: 1,743,087,085,982 US$1996: 1,871,881,416,751 US$1997: 2,061,739,328,214 US$1998: 2,214,699,688,623 US$1999: 2,396,511,394,061 US$2000: 2,581,489,211,819 US$2001: 2,492,769,101,179 US$2002: 2,524,924,994,842 US$2003: 2,675,289,993,602 US$2004: 2,987,803,076,288 US$2005: 3,314,403,345,258 US$2006: 3,564,105,949,177 US$2007: 3,617,179,795,452 US$2008: 3,481,995,853,048 US$2009: 2,875,212,527,993 US$2010: 3,190,625,988,545 US$2011: 3,403,089,743,679 US$2012: 3,698,157,352,924 US$2013: 3,900,807,807,738 US$2014: 4,130,189,518,443 US$2015: 4,289,489,598,354 US$2016: 4,276,634,129,236 US$2017: 4,538,483,841,046 US$2018: 4,859,723,559,964 US$2019: 5,070,564,404,256 US$2020: 4,958,637,706,072 US$2021: 5,571,287,905,163 US$2022: 6,290,723,133,269 US$2023: 6,519,171,307,007 US$2024: 6,835,574,981,900 US$
Change over the period: +6.59T (+2,640.54%) Average annual rate: 6.32 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: North America

North America 6.84T US$
World 29.36T US$
Gross capital formation in US dollars — North America, by year North America All countries CSV XLSX
Year US$ Change Change, %
2024 6.84T +316B +4.85%
2023 6.52T +228B +3.63%
2022 6.29T +719B +12.91%
2021 5.57T +613B +12.36%
2020 4.96T −112B −2.21%
2019 5.07T +211B +4.34%
2018 4.86T +321B +7.08%
2017 4.54T +262B +6.12%
2016 4.28T −12.86B −0.3%
2015 4.29T +159B +3.86%
2014 4.13T +229B +5.88%
2013 3.9T +203B +5.48%
2012 3.7T +295B +8.67%
2011 3.4T +212B +6.66%
2010 3.19T +315B +10.97%
2009 2.88T −607B −17.43%
2008 3.48T −135B −3.74%
2007 3.62T +53.07B +1.49%
2006 3.56T +250B +7.53%
2005 3.31T +327B +10.93%
2004 2.99T +313B +11.68%
2003 2.68T +150B +5.96%
2002 2.52T +32.16B +1.29%
2001 2.49T −88.72B −3.44%
2000 2.58T +185B +7.72%
1999 2.4T +182B +8.21%
1998 2.21T +153B +7.42%
1997 2.06T +190B +10.14%
1996 1.87T +129B +7.39%
1995 1.74T +78.8B +4.73%
1994 1.66T +158B +10.5%
1993 1.51T +87.36B +6.16%
1992 1.42T +61.47B +4.53%
1991 1.36T −53.91B −3.82%
1990 1.41T +6.76B +0.48%
1989 1.4T +88.98B +6.76%
1988 1.32T +72.25B +5.81%
1987 1.24T +73.49B +6.28%
1986 1.17T +41.03B +3.64%
1985 1.13T +40.35B +3.71%
1984 1.09T +210B +23.95%
1983 878B +77.17B +9.64%
1982 801B −55.64B −6.5%
1981 857B +125B +17.09%
1980 732B +10.27B +1.42%
1979 721B +85.61B +13.47%
1978 636B +94.16B +17.39%
1977 541B +76.44B +16.44%
1976 465B +79.98B +20.77%
1975 385B −7.33B −1.87%
1974 392B +27.69B +7.59%
1973 365B +49.56B +15.73%
1972 315B +36.74B +13.2%
1971 278B +28.99B +11.62%
1970 249B

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.