Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — North America

Gross capital formation (% of GDP) in North America in 2024 — 21.6%. Since 1970, the indicator has risen by 0.2 pp.

2024 21.6% −0.1 pp vs 2023
World rank
Period maximum 25.1%1979
Period minimum 18.1%2009

Trend over time

1970–2024 · % of GDP

Gross capital formation (% of GDP) — North America, 1970–2024182022242619701976198219881994200020062012201820241970: 21.5%1971: 22%1972: 22.6%1973: 23.4%1974: 23%1975: 20.7%1976: 22.3%1977: 23.6%1978: 24.7%1979: 25.1%1980: 23.4%1981: 24.4%1982: 21.9%1983: 22.1%1984: 24.8%1985: 24%1986: 23.6%1987: 23.5%1988: 22.9%1989: 22.6%1990: 21.5%1991: 20%1992: 19.9%1993: 20.2%1994: 21.1%1995: 21.1%1996: 21.5%1997: 22.3%1998: 22.8%1999: 23.2%2000: 23.5%2001: 22%2002: 21.6%2003: 21.7%2004: 22.6%2005: 23.3%2006: 23.5%2007: 22.7%2008: 21.3%2009: 18.1%2010: 19.1%2011: 19.6%2012: 20.4%2013: 20.8%2014: 21.3%2015: 21.6%2016: 21%2017: 21.3%2018: 21.7%2019: 21.8%2020: 21.5%2021: 21.6%2022: 22.3%2023: 21.7%2024: 21.6%
Change over the period: +0.2 pp Annual average: 0 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: North America

North America 21.6%
World 26.3%
Gross capital formation (% of GDP) — North America, by year North America All countries CSV XLSX
Year % Change, pp
2024 21.6 −0.1 pp
2023 21.7 −0.5 pp
2022 22.3 +0.6 pp
2021 21.6 +0.1 pp
2020 21.5 −0.2 pp
2019 21.8 +0.1 pp
2018 21.7 +0.4 pp
2017 21.3 +0.3 pp
2016 21 −0.6 pp
2015 21.6 +0.3 pp
2014 21.3 +0.4 pp
2013 20.8 +0.4 pp
2012 20.4 +0.9 pp
2011 19.6 +0.4 pp
2010 19.1 +1 pp
2009 18.1 −3.2 pp
2008 21.3 −1.4 pp
2007 22.7 −0.9 pp
2006 23.5 +0.2 pp
2005 23.3 +0.8 pp
2004 22.6 +0.9 pp
2003 21.7 +0.1 pp
2002 21.6 −0.4 pp
2001 22 −1.5 pp
2000 23.5 +0.2 pp
1999 23.2 +0.4 pp
1998 22.8 +0.5 pp
1997 22.3 +0.8 pp
1996 21.5 +0.4 pp
1995 21.1 −0 pp
1994 21.1 +0.9 pp
1993 20.2 +0.3 pp
1992 19.9 −0.1 pp
1991 20 −1.5 pp
1990 21.5 −1.1 pp
1989 22.6 −0.3 pp
1988 22.9 −0.6 pp
1987 23.5 −0.1 pp
1986 23.6 −0.4 pp
1985 24 −0.8 pp
1984 24.8 +2.7 pp
1983 22.1 +0.2 pp
1982 21.9 −2.5 pp
1981 24.4 +1 pp
1980 23.4 −1.8 pp
1979 25.1 +0.4 pp
1978 24.7 +1.1 pp
1977 23.6 +1.3 pp
1976 22.3 +1.6 pp
1975 20.7 −2.3 pp
1974 23 −0.4 pp
1973 23.4 +0.8 pp
1972 22.6 +0.6 pp
1971 22 +0.5 pp
1970 21.5

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.