Gross capital formation in US dollars in OPEC in 2024 — 809,299,255,415 US$. Since 1970, the indicator has risen by 6,328.6%.
1970–2024 · US$
How the value compares with the world and the groups this territory belongs to: OPEC
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 809B | −82.96B | −9.3% |
| 2023 | 892B | +68.85B | +8.36% |
| 2022 | 823B | +140B | +20.43% |
| 2021 | 684B | +148B | +27.67% |
| 2020 | 536B | −118B | −18.12% |
| 2019 | 654B | +31.54B | +5.07% |
| 2018 | 622B | −3.49B | −0.56% |
| 2017 | 626B | +15.7B | +2.57% |
| 2016 | 610B | −21.18B | −3.35% |
| 2015 | 631B | −95.54B | −13.14% |
| 2014 | 727B | −10.31B | −1.4% |
| 2013 | 737B | −33.77B | −4.38% |
| 2012 | 771B | +128B | +19.91% |
| 2011 | 643B | +60.31B | +10.35% |
| 2010 | 583B | +80.34B | +15.99% |
| 2009 | 502B | −17.12B | −3.3% |
| 2008 | 519B | +113B | +27.75% |
| 2007 | 407B | +98.7B | +32.05% |
| 2006 | 308B | +55.9B | +22.18% |
| 2005 | 252B | +33.68B | +15.43% |
| 2004 | 218B | +45.85B | +26.58% |
| 2003 | 173B | +24.92B | +16.89% |
| 2002 | 148B | +1.64B | +1.12% |
| 2001 | 146B | +35.3B | +31.91% |
| 2000 | 111B | +4.08B | +3.83% |
| 1999 | 107B | +12.89B | +13.76% |
| 1998 | 93.68B | +2.4B | +2.63% |
| 1997 | 91.28B | −10.87B | −10.64% |
| 1996 | 102B | +17.31B | +20.4% |
| 1995 | 84.84B | +16.78B | +24.66% |
| 1994 | 68.06B | −8.88B | −11.54% |
| 1993 | 76.94B | −28.58B | −27.09% |
| 1992 | 106B | +271M | +0.26% |
| 1991 | 105B | −65.55B | −38.38% |
| 1990 | 171B | +102B | +147.83% |
| 1989 | 68.92B | −19.22B | −21.8% |
| 1988 | 88.13B | +888M | +1.02% |
| 1987 | 87.25B | −22.97B | −20.84% |
| 1986 | 110B | −2.8B | −2.48% |
| 1985 | 113B | −22.18B | −16.4% |
| 1984 | 135B | −5.37B | −3.82% |
| 1983 | 141B | −829M | −0.59% |
| 1982 | 141B | −261M | −0.18% |
| 1981 | 142B | +4.37B | +3.18% |
| 1980 | 137B | +38.18B | +38.53% |
| 1979 | 99.11B | −2.76B | −2.71% |
| 1978 | 102B | +3.73B | +3.8% |
| 1977 | 98.13B | +18.38B | +23.05% |
| 1976 | 79.75B | +26.52B | +49.81% |
| 1975 | 53.23B | +7.88B | +17.39% |
| 1974 | 45.35B | +26.62B | +142.08% |
| 1973 | 18.73B | +1.07B | +6.06% |
| 1972 | 17.66B | +3.71B | +26.56% |
| 1971 | 13.96B | +1.37B | +10.85% |
| 1970 | 12.59B | — | — |
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.
Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Gross national savingsWhat part of its income a country saves rather than consumes.
Economy Household consumptionHow much money the residents of a country spend in a year on goods and services for themselves.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.