Gross capital formation (% of GDP) — all countries

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

Gross capital formation (% of GDP) in lower-middle-income countries in 2025 — 30.1%. Since 1986, the indicator has risen by 7.3 pp.

2025 30.1% +0.5 pp vs 2024
World rank
Period maximum 33.4%2007
Period minimum 22.2%1987

Trend over time

1986–2025 · % of GDP

Gross capital formation (% of GDP) — Lower-middle-income countries, 1986–202520253035198619901994199820022006201020142018202220251986: 22.9%1987: 22.2%1988: 22.3%1990: 25.6%1991: 26%1992: 27.5%1993: 23.6%1994: 24.6%1995: 25.5%1996: 23.7%1997: 24.3%1998: 24.1%1999: 25.5%2000: 23.6%2001: 25.6%2002: 26%2003: 27%2004: 29.8%2005: 30.2%2006: 30.9%2007: 33.4%2008: 32.4%2009: 32.2%2010: 32.7%2011: 31.7%2012: 30.9%2013: 28.6%2014: 29%2015: 27.9%2016: 27.8%2017: 28.8%2018: 29.7%2019: 28.3%2020: 26.8%2021: 28.6%2022: 29.9%2023: 29.9%2024: 29.6%2025: 30.1%
Change over the period: +7.3 pp Annual average: 0.19 pp
Gross capital formation (% of GDP) — Lower-middle-income countries, by year Lower-middle-income countries All countries CSV XLSX
Year % Change, pp
2025 30.1 +0.5 pp
2024 29.6 −0.3 pp
2023 29.9 −0 pp
2022 29.9 +1.2 pp
2021 28.6 +1.9 pp
2020 26.8 −1.6 pp
2019 28.3 −1.3 pp
2018 29.7 +0.8 pp
2017 28.8 +1.1 pp
2016 27.8 −0.1 pp
2015 27.9 −1.1 pp
2014 29 +0.4 pp
2013 28.6 −2.3 pp
2012 30.9 −0.8 pp
2011 31.7 −0.9 pp
2010 32.7 +0.5 pp
2009 32.2 −0.2 pp
2008 32.4 −1 pp
2007 33.4 +2.5 pp
2006 30.9 +0.7 pp
2005 30.2 +0.4 pp
2004 29.8 +2.8 pp
2003 27 +1 pp
2002 26 +0.4 pp
2001 25.6 +2 pp
2000 23.6 −2 pp
1999 25.5 +1.4 pp
1998 24.1 −0.2 pp
1997 24.3 +0.6 pp
1996 23.7 −1.8 pp
1995 25.5 +0.9 pp
1994 24.6 +0.9 pp
1993 23.6 −3.8 pp
1992 27.5 +1.4 pp
1991 26 +0.4 pp
1990 25.6
1988 22.3 +0.1 pp
1987 22.2 −0.7 pp
1986 22.9

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.