Gross capital formation in High income
High income: Gross capital formation was 13.68 trillion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in High income is 13.68 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 26.4% over ten years.
Over the whole period, gross capital formation in High income peaked at 13.68 trillion constant 2015 US$ in 2024 and was at its lowest, 3.89 trillion constant 2015 US$, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.39 trillion constant 2015 US$ | 3.89 trillion constant 2015 US$ | 5.07 trillion constant 2015 US$ | 10 |
| 1980s | 5.56 trillion constant 2015 US$ | 4.69 trillion constant 2015 US$ | 6.98 trillion constant 2015 US$ | 10 |
| 1990s | 7.35 trillion constant 2015 US$ | 6.64 trillion constant 2015 US$ | 8.35 trillion constant 2015 US$ | 10 |
| 2000s | 9.48 trillion constant 2015 US$ | 8.66 trillion constant 2015 US$ | 10.71 trillion constant 2015 US$ | 10 |
| 2010s | 11.01 trillion constant 2015 US$ | 9.53 trillion constant 2015 US$ | 12.63 trillion constant 2015 US$ | 10 |
| 2020s | 13.13 trillion constant 2015 US$ | 11.99 trillion constant 2015 US$ | 13.68 trillion constant 2015 US$ | 5 |
More economy & growth data for High income
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Final consumption expenditure 2.3% (2024)
Frequently asked questions
- What is gross capital formation in High income?
- Gross capital formation in High income was 13.68 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in High income?
- The highest recorded value was 13.68 trillion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in High income?
- The lowest recorded value was 3.89 trillion constant 2015 US$ in 1970.
- Is gross capital formation rising or falling in High income?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.