Gross capital formation in OECD members
OECD members: Gross capital formation was 12.80 trillion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in OECD members is 12.80 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 25.2% over ten years.
Over the whole period, gross capital formation in OECD members peaked at 12.80 trillion constant 2015 US$ in 2024 and was at its lowest, 3.53 trillion constant 2015 US$, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.99 trillion constant 2015 US$ | 3.53 trillion constant 2015 US$ | 4.63 trillion constant 2015 US$ | 10 |
| 1980s | 5.04 trillion constant 2015 US$ | 4.29 trillion constant 2015 US$ | 6.28 trillion constant 2015 US$ | 10 |
| 1990s | 7.08 trillion constant 2015 US$ | 6.38 trillion constant 2015 US$ | 8.31 trillion constant 2015 US$ | 10 |
| 2000s | 9.19 trillion constant 2015 US$ | 8.39 trillion constant 2015 US$ | 10.22 trillion constant 2015 US$ | 10 |
| 2010s | 10.45 trillion constant 2015 US$ | 9.02 trillion constant 2015 US$ | 12.03 trillion constant 2015 US$ | 10 |
| 2020s | 12.38 trillion constant 2015 US$ | 11.43 trillion constant 2015 US$ | 12.80 trillion constant 2015 US$ | 5 |
More economy & growth data for OECD members
- Final consumption expenditure 52.86 trillion current US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.3% (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Households and NPISHs final consumption expenditure 60.1% (2024)
- Final consumption expenditure 2.2% (2024)
- Gross national expenditure 56.77 trillion constant 2015 US$ (2024)
- Gross national expenditure 68.20 trillion current US$ (2024)
- Households and NPISHs Final consumption expenditure per capita 24,690 constant 2015 US$ (2024)
- Final consumption expenditure 44.42 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is gross capital formation in OECD members?
- Gross capital formation in OECD members was 12.80 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 OECD members?
- The highest recorded value was 12.80 trillion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in OECD members?
- The lowest recorded value was 3.53 trillion constant 2015 US$ in 1970.
- Is gross capital formation rising or falling in OECD members?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is rising.
- Where does this OECD members 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.