Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Western Europe

Gross capital formation (% of GDP) in Western Europe in 2025 — 22.6%. Since 1970, the indicator has fallen by 9.2 pp.

2025 22.6% +0.6 pp vs 2024
World rank
Period maximum 31.8%1970
Period minimum 20.3%2009

Trend over time

1970–2025 · % of GDP

Gross capital formation (% of GDP) — Western Europe, 1970–20252025303519701976198219881994200020062012201820241970: 31.8%1971: 31.1%1972: 30.2%1973: 29.8%1974: 28.8%1975: 25.4%1976: 26.3%1977: 25.9%1978: 25.6%1979: 26.8%1980: 27.3%1981: 24.8%1982: 23.9%1983: 23.4%1984: 23.4%1985: 23.1%1986: 23.3%1987: 23.3%1988: 24.4%1989: 25.4%1990: 25.7%1991: 25.6%1992: 24.4%1993: 22.7%1994: 23.2%1995: 23.3%1996: 22.5%1997: 22.3%1998: 23%1999: 23.1%2000: 23.5%2001: 22.8%2002: 21%2003: 20.7%2004: 20.7%2005: 21%2006: 21.8%2007: 22.7%2008: 22.7%2009: 20.3%2010: 20.9%2011: 22.4%2012: 21.2%2013: 21%2014: 21.2%2015: 21.4%2016: 21.3%2017: 22%2018: 22.6%2019: 22.8%2020: 23.1%2021: 23.6%2022: 24.2%2023: 23%2024: 22%2025: 22.6%
Change over the period: −9.2 pp Annual average: -0.17 pp
Gross capital formation (% of GDP) — Western Europe, by year Western Europe All countries CSV XLSX
Year % Change, pp
2025 22.6 +0.6 pp
2024 22 −1 pp
2023 23 −1.2 pp
2022 24.2 +0.6 pp
2021 23.6 +0.5 pp
2020 23.1 +0.3 pp
2019 22.8 +0.1 pp
2018 22.6 +0.7 pp
2017 22 +0.7 pp
2016 21.3 −0.1 pp
2015 21.4 +0.1 pp
2014 21.2 +0.3 pp
2013 21 −0.2 pp
2012 21.2 −1.2 pp
2011 22.4 +1.5 pp
2010 20.9 +0.7 pp
2009 20.3 −2.4 pp
2008 22.7 +0 pp
2007 22.7 +0.9 pp
2006 21.8 +0.8 pp
2005 21 +0.3 pp
2004 20.7 −0.1 pp
2003 20.7 −0.3 pp
2002 21 −1.8 pp
2001 22.8 −0.7 pp
2000 23.5 +0.4 pp
1999 23.1 +0 pp
1998 23 +0.7 pp
1997 22.3 −0.2 pp
1996 22.5 −0.8 pp
1995 23.3 +0 pp
1994 23.2 +0.6 pp
1993 22.7 −1.8 pp
1992 24.4 −1.2 pp
1991 25.6 −0.2 pp
1990 25.7 +0.4 pp
1989 25.4 +1 pp
1988 24.4 +1.1 pp
1987 23.3 +0 pp
1986 23.3 +0.2 pp
1985 23.1 −0.3 pp
1984 23.4 −0 pp
1983 23.4 −0.5 pp
1982 23.9 −0.9 pp
1981 24.8 −2.5 pp
1980 27.3 +0.5 pp
1979 26.8 +1.2 pp
1978 25.6 −0.3 pp
1977 25.9 −0.4 pp
1976 26.3 +0.9 pp
1975 25.4 −3.4 pp
1974 28.8 −1 pp
1973 29.8 −0.4 pp
1972 30.2 −0.9 pp
1971 31.1 −0.8 pp
1970 31.8

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.