Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — United States

Gross capital formation (% of GDP) in the United States in 2024 — 21.5%. Ranked 98 in the world out of 169. Since 1970, the indicator has risen by 0.1 pp.

2024 21.5% −0 pp vs 2023
World rank 98of 169
Period maximum 25.1%1979
Period minimum 17.8%2009

Trend over time

1970–2024 · % of GDP

Gross capital formation (% of GDP) — United States, 1970–202416182022242619701976198219881994200020062012201820241970: 21.4%1971: 21.9%1972: 22.6%1973: 23.3%1974: 22.7%1975: 20.3%1976: 22%1977: 23.5%1978: 24.8%1979: 25.1%1980: 23.3%1981: 24.3%1982: 22.1%1983: 22.3%1984: 25.1%1985: 24.2%1986: 23.7%1987: 23.6%1988: 22.8%1989: 22.5%1990: 21.5%1991: 20.1%1992: 20.1%1993: 20.4%1994: 21.3%1995: 21.3%1996: 21.7%1997: 22.4%1998: 23%1999: 23.4%2000: 23.7%2001: 22.2%2002: 21.7%2003: 21.7%2004: 22.7%2005: 23.4%2006: 23.5%2007: 22.6%2008: 21%2009: 17.8%2010: 18.7%2011: 19%2012: 20%2013: 20.4%2014: 20.9%2015: 21.4%2016: 20.9%2017: 21.2%2018: 21.6%2019: 21.7%2020: 21.4%2021: 21.4%2022: 22%2023: 21.6%2024: 21.5%
Change over the period: +0.1 pp Annual average: 0 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: United States

United States 21.5%
World 26.3%
Northern America computed 21.6%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — United States, by year United States All countries CSV XLSX
Year % Change, pp
2024 21.5 −0 pp
2023 21.6 −0.5 pp
2022 22 +0.6 pp
2021 21.4 −0 pp
2020 21.4 −0.2 pp
2019 21.7 +0.1 pp
2018 21.6 +0.4 pp
2017 21.2 +0.3 pp
2016 20.9 −0.5 pp
2015 21.4 +0.5 pp
2014 20.9 +0.5 pp
2013 20.4 +0.4 pp
2012 20 +0.9 pp
2011 19 +0.4 pp
2010 18.7 +0.9 pp
2009 17.8 −3.3 pp
2008 21 −1.5 pp
2007 22.6 −1 pp
2006 23.5 +0.2 pp
2005 23.4 +0.7 pp
2004 22.7 +0.9 pp
2003 21.7 +0 pp
2002 21.7 −0.5 pp
2001 22.2 −1.5 pp
2000 23.7 +0.3 pp
1999 23.4 +0.5 pp
1998 23 +0.5 pp
1997 22.4 +0.7 pp
1996 21.7 +0.4 pp
1995 21.3 −0 pp
1994 21.3 +0.9 pp
1993 20.4 +0.3 pp
1992 20.1 −0 pp
1991 20.1 −1.4 pp
1990 21.5 −1 pp
1989 22.5 −0.3 pp
1988 22.8 −0.8 pp
1987 23.6 −0.1 pp
1986 23.7 −0.4 pp
1985 24.2 −0.9 pp
1984 25.1 +2.8 pp
1983 22.3 +0.2 pp
1982 22.1 −2.2 pp
1981 24.3 +1 pp
1980 23.3 −1.8 pp
1979 25.1 +0.3 pp
1978 24.8 +1.3 pp
1977 23.5 +1.5 pp
1976 22 +1.8 pp
1975 20.3 −2.4 pp
1974 22.7 −0.6 pp
1973 23.3 +0.8 pp
1972 22.6 +0.7 pp
1971 21.9 +0.5 pp
1970 21.4

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

CA Canada 23.2 US United States 21.5 BM Bermuda 11

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.