Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — NATO

Gross capital formation (% of GDP) in NATO in 2025 — 22.3%. Since 1980, the indicator has fallen by 2.4 pp.

2025 22.3% +0.6 pp vs 2024
World rank
Period maximum 24.7%1980
Period minimum 19.1%2009

Trend over time

1980–2025 · % of GDP

Gross capital formation (% of GDP) — NATO, 1980–2025182022242619801985199019952000200520102015202020251980: 24.7%1981: 23.9%1982: 22.5%1983: 22.3%1984: 24%1985: 23.5%1986: 23.2%1987: 23.3%1988: 23.6%1989: 23.8%1990: 23.2%1991: 22%1992: 21.5%1993: 20.7%1994: 21.4%1995: 21.5%1996: 21.5%1997: 21.8%1998: 22.4%1999: 22.6%2000: 23%2001: 22%2002: 21.4%2003: 21.3%2004: 21.9%2005: 22.4%2006: 23.1%2007: 23.1%2008: 22.4%2009: 19.1%2010: 20%2011: 20.5%2012: 20.3%2013: 20.4%2014: 20.8%2015: 21.1%2016: 20.8%2017: 21.3%2018: 21.7%2019: 21.7%2020: 21.6%2021: 22.2%2022: 22.9%2023: 22%2024: 21.7%2025: 22.3%
Change over the period: −2.4 pp Annual average: -0.05 pp
Gross capital formation (% of GDP) — NATO, by year NATO All countries CSV XLSX
Year % Change, pp
2025 22.3 +0.6 pp
2024 21.7 −0.3 pp
2023 22 −0.9 pp
2022 22.9 +0.7 pp
2021 22.2 +0.6 pp
2020 21.6 −0.1 pp
2019 21.7 −0 pp
2018 21.7 +0.4 pp
2017 21.3 +0.5 pp
2016 20.8 −0.3 pp
2015 21.1 +0.3 pp
2014 20.8 +0.4 pp
2013 20.4 +0.2 pp
2012 20.3 −0.3 pp
2011 20.5 +0.5 pp
2010 20 +0.9 pp
2009 19.1 −3.3 pp
2008 22.4 −0.8 pp
2007 23.1 +0 pp
2006 23.1 +0.7 pp
2005 22.4 +0.5 pp
2004 21.9 +0.6 pp
2003 21.3 −0.1 pp
2002 21.4 −0.6 pp
2001 22 −1.1 pp
2000 23 +0.4 pp
1999 22.6 +0.2 pp
1998 22.4 +0.6 pp
1997 21.8 +0.4 pp
1996 21.5 −0.1 pp
1995 21.5 +0.2 pp
1994 21.4 +0.6 pp
1993 20.7 −0.8 pp
1992 21.5 −0.5 pp
1991 22 −1.2 pp
1990 23.2 −0.6 pp
1989 23.8 +0.2 pp
1988 23.6 +0.3 pp
1987 23.3 +0.1 pp
1986 23.2 −0.3 pp
1985 23.5 −0.5 pp
1984 24 +1.7 pp
1983 22.3 −0.1 pp
1982 22.5 −1.4 pp
1981 23.9 −0.8 pp
1980 24.7

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.