Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — OECD

Gross capital formation in US dollars in the OECD in 2025 — 8,491,726,614,987 US$. Since 1970, the indicator has risen by 1,216.1%.

2025 8.49T US$ −44.65% vs 2024
World rank
Period maximum 15.34T US$2024
Period minimum 645B US$1970

Trend over time

1970–2025 · US$

Gross capital formation in US dollars — OECD, 1970–202505T10T15T20T19701976198219881994200020062012201820241970: 645,220,775,882 US$1971: 703,870,211,725 US$1972: 827,372,441,712 US$1973: 1,056,010,088,628 US$1974: 1,185,599,222,991 US$1975: 1,182,824,250,118 US$1976: 1,327,908,239,918 US$1977: 1,509,170,016,495 US$1978: 1,842,215,292,660 US$1979: 2,182,342,365,187 US$1980: 2,362,400,082,924 US$1981: 2,346,621,229,702 US$1982: 2,172,444,649,541 US$1983: 2,199,760,565,193 US$1984: 2,428,793,797,858 US$1985: 2,533,213,426,262 US$1986: 3,075,916,705,107 US$1987: 3,598,669,961,936 US$1988: 4,220,886,394,977 US$1989: 4,490,399,651,025 US$1990: 4,973,791,658,833 US$1991: 5,093,507,155,573 US$1992: 5,295,612,209,178 US$1993: 5,274,329,860,582 US$1994: 5,717,185,810,880 US$1995: 6,348,903,280,325 US$1996: 6,385,250,547,464 US$1997: 6,250,106,469,100 US$1998: 6,217,653,005,299 US$1999: 6,535,622,061,118 US$2000: 6,819,912,273,893 US$2001: 6,436,562,178,147 US$2002: 6,481,995,684,999 US$2003: 7,229,178,052,444 US$2004: 8,206,748,142,445 US$2005: 8,871,106,308,316 US$2006: 9,564,980,195,752 US$2007: 10,452,692,901,676 US$2008: 10,842,690,770,895 US$2009: 8,810,898,245,482 US$2010: 9,614,314,837,306 US$2011: 10,671,663,806,713 US$2012: 10,616,491,788,142 US$2013: 10,754,658,567,481 US$2014: 11,165,938,759,151 US$2015: 10,664,056,212,779 US$2016: 10,796,798,367,031 US$2017: 11,488,718,033,581 US$2018: 12,319,418,956,675 US$2019: 12,509,603,626,739 US$2020: 12,130,830,222,309 US$2021: 13,790,628,780,549 US$2022: 14,551,142,380,925 US$2023: 14,985,137,480,029 US$2024: 15,340,555,002,138 US$2025: 8,491,726,614,987 US$
Change over the period: +7.85T (+1,216.1%) Average annual rate: 4.8 %
Gross capital formation in US dollars — OECD, by year OECD All countries CSV XLSX
Year US$ Change Change, %
2025 8.49T −6.85T −44.65%
2024 15.34T +355B +2.37%
2023 14.99T +434B +2.98%
2022 14.55T +761B +5.51%
2021 13.79T +1.66T +13.68%
2020 12.13T −379B −3.03%
2019 12.51T +190B +1.54%
2018 12.32T +831B +7.23%
2017 11.49T +692B +6.41%
2016 10.8T +133B +1.24%
2015 10.66T −502B −4.49%
2014 11.17T +411B +3.82%
2013 10.75T +138B +1.3%
2012 10.62T −55.17B −0.52%
2011 10.67T +1.06T +11%
2010 9.61T +803B +9.12%
2009 8.81T −2.03T −18.74%
2008 10.84T +390B +3.73%
2007 10.45T +888B +9.28%
2006 9.56T +694B +7.82%
2005 8.87T +664B +8.1%
2004 8.21T +978B +13.52%
2003 7.23T +747B +11.53%
2002 6.48T +45.43B +0.71%
2001 6.44T −383B −5.62%
2000 6.82T +284B +4.35%
1999 6.54T +318B +5.11%
1998 6.22T −32.45B −0.52%
1997 6.25T −135B −2.12%
1996 6.39T +36.35B +0.57%
1995 6.35T +632B +11.05%
1994 5.72T +443B +8.4%
1993 5.27T −21.28B −0.4%
1992 5.3T +202B +3.97%
1991 5.09T +120B +2.41%
1990 4.97T +483B +10.77%
1989 4.49T +270B +6.39%
1988 4.22T +622B +17.29%
1987 3.6T +523B +17%
1986 3.08T +543B +21.42%
1985 2.53T +104B +4.3%
1984 2.43T +229B +10.41%
1983 2.2T +27.32B +1.26%
1982 2.17T −174B −7.42%
1981 2.35T −15.78B −0.67%
1980 2.36T +180B +8.25%
1979 2.18T +340B +18.46%
1978 1.84T +333B +22.07%
1977 1.51T +181B +13.65%
1976 1.33T +145B +12.27%
1975 1.18T −2.77B −0.23%
1974 1.19T +130B +12.27%
1973 1.06T +229B +27.63%
1972 827B +124B +17.55%
1971 704B +58.65B +9.09%
1970 645B

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.