Gross capital formation in High income
High income: Gross capital formation was 16.34 trillion current US$ in 2024. ◆ Volatile
Gross capital formation in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
High income recorded 16.34 trillion current US$ for gross capital formation in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 38.0% over ten years.
Over the whole period, gross capital formation in High income peaked at 16.34 trillion current US$ in 2024 and was at its lowest, 671.13 billion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.31 trillion current US$ | 671.13 billion current US$ | 2.30 trillion current US$ | 10 |
| 1980s | 3.10 trillion current US$ | 2.31 trillion current US$ | 4.73 trillion current US$ | 10 |
| 1990s | 5.99 trillion current US$ | 5.18 trillion current US$ | 6.63 trillion current US$ | 10 |
| 2000s | 8.62 trillion current US$ | 6.55 trillion current US$ | 11.43 trillion current US$ | 10 |
| 2010s | 11.70 trillion current US$ | 10.13 trillion current US$ | 13.30 trillion current US$ | 10 |
| 2020s | 15.06 trillion current US$ | 12.81 trillion current US$ | 16.34 trillion current 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 16.34 trillion current 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 16.34 trillion current US$ in 2024.
- What is the lowest gross capital formation recorded in High income?
- The lowest recorded value was 671.13 billion current US$ in 1970.
- Is gross capital formation rising or falling in High income?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.