Gross capital formation in US dollars in Northern America in 2024 — 6,835,574,981,900 US$. Since 2010, the indicator has risen by 114.2%.
2010–2024 · US$
How the value compares with the world and the groups this territory belongs to: Northern America
| 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 | — | — |
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.