Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Northern Europe

Gross capital formation in US dollars in Northern Europe in 2025 — 1,473,698,313,911 US$. Since 1995, the indicator has risen by 243.2%.

2025 1.47T US$ +13.12% vs 2024
World rank
Period maximum 1.47T US$2025
Period minimum 429B US$1995

Trend over time

1995–2025 · US$

Gross capital formation in US dollars — Northern Europe, 1995–20250500B1T1.5T199519982001200420072010201320162019202220251995: 429,429,878,157 US$1996: 453,411,777,266 US$1997: 471,086,416,914 US$1998: 512,799,254,718 US$1999: 510,204,575,437 US$2000: 510,761,473,746 US$2001: 500,935,261,924 US$2002: 540,622,619,002 US$2003: 631,571,545,499 US$2004: 746,766,593,758 US$2005: 815,865,739,145 US$2006: 914,615,778,655 US$2007: 1,087,114,153,183 US$2008: 1,045,881,794,854 US$2009: 751,823,972,702 US$2010: 802,603,692,407 US$2011: 900,042,314,467 US$2012: 896,689,595,087 US$2013: 949,584,257,664 US$2014: 1,053,854,968,874 US$2015: 983,992,170,552 US$2016: 987,749,141,875 US$2017: 1,042,209,231,973 US$2018: 1,102,452,112,597 US$2019: 1,189,263,237,865 US$2020: 1,108,826,090,660 US$2021: 1,222,129,473,517 US$2022: 1,218,283,774,026 US$2023: 1,260,858,262,993 US$2024: 1,302,799,838,213 US$2025: 1,473,698,313,911 US$
Change over the period: +1.04T (+243.18%) Average annual rate: 4.2 %
Gross capital formation in US dollars — Northern Europe, by year Northern Europe All countries CSV XLSX
Year US$ Change Change, %
2025 1.47T +171B +13.12%
2024 1.3T +41.94B +3.33%
2023 1.26T +42.57B +3.49%
2022 1.22T −3.85B −0.31%
2021 1.22T +113B +10.22%
2020 1.11T −80.44B −6.76%
2019 1.19T +86.81B +7.87%
2018 1.1T +60.24B +5.78%
2017 1.04T +54.46B +5.51%
2016 988B +3.76B +0.38%
2015 984B −69.86B −6.63%
2014 1.05T +104B +10.98%
2013 950B +52.89B +5.9%
2012 897B −3.35B −0.37%
2011 900B +97.44B +12.14%
2010 803B +50.78B +6.75%
2009 752B −294B −28.12%
2008 1.05T −41.23B −3.79%
2007 1.09T +172B +18.86%
2006 915B +98.75B +12.1%
2005 816B +69.1B +9.25%
2004 747B +115B +18.24%
2003 632B +90.95B +16.82%
2002 541B +39.69B +7.92%
2001 501B −9.83B −1.92%
2000 511B +557M +0.11%
1999 510B −2.59B −0.51%
1998 513B +41.71B +8.85%
1997 471B +17.67B +3.9%
1996 453B +23.98B +5.58%
1995 429B

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.