Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — High-income countries

Gross capital formation (% of GDP) in high-income countries in 2024 — 22.6%. Since 1995, the indicator has fallen by 2.1 pp.

2024 22.6% −0.4 pp vs 2023
World rank
Period maximum 24.6%1995
Period minimum 20.5%2009

Trend over time

1995–2024 · % of GDP

Gross capital formation (% of GDP) — High-income countries, 1995–202420222426199519982001200420072010201320162019202220241995: 24.6%1996: 24.5%1997: 24.4%1998: 24%1999: 24.1%2000: 24.6%2001: 23.5%2002: 22.6%2003: 22.5%2004: 22.9%2005: 23.3%2006: 23.8%2007: 24%2008: 23.5%2009: 20.5%2010: 21.2%2011: 21.8%2012: 21.8%2013: 21.7%2014: 22.1%2015: 22.3%2016: 22.2%2017: 22.5%2018: 22.8%2019: 23%2020: 22.7%2021: 23.1%2022: 23.6%2023: 23%2024: 22.6%
Change over the period: −2.1 pp Annual average: -0.07 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 22.6%
World 26.3%
Gross capital formation (% of GDP) — High-income countries, by year High-income countries All countries CSV XLSX
Year % Change, pp
2024 22.6 −0.4 pp
2023 23 −0.6 pp
2022 23.6 +0.5 pp
2021 23.1 +0.4 pp
2020 22.7 −0.3 pp
2019 23 +0.2 pp
2018 22.8 +0.2 pp
2017 22.5 +0.4 pp
2016 22.2 −0.2 pp
2015 22.3 +0.3 pp
2014 22.1 +0.4 pp
2013 21.7 −0.1 pp
2012 21.8 −0 pp
2011 21.8 +0.6 pp
2010 21.2 +0.8 pp
2009 20.5 −3.1 pp
2008 23.5 −0.5 pp
2007 24 +0.1 pp
2006 23.8 +0.5 pp
2005 23.3 +0.4 pp
2004 22.9 +0.4 pp
2003 22.5 −0.1 pp
2002 22.6 −0.9 pp
2001 23.5 −1.1 pp
2000 24.6 +0.5 pp
1999 24.1 +0.1 pp
1998 24 −0.4 pp
1997 24.4 −0.1 pp
1996 24.5 −0.1 pp
1995 24.6

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

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