Gross fixed capital formation in World

World: Gross fixed capital formation was 2.2% in 2024. ◆ Volatile

Latest (2024)
2.2%
Change on year
down 30.6%
All-time high
6.9%
in 1988
All-time low
-9.1%
in 2009
Years of data
37
1988–2024

Gross fixed capital formation in World, 1988–2024

-10-5051988200620241988: 6.9 annual % growth1989: 6 annual % growth1990: 3 annual % growth1991: -1.3 annual % growth1992: -1.6 annual % growth1993: -1.4 annual % growth1994: 3.2 annual % growth1995: 3.4 annual % growth1996: 5.6 annual % growth1997: 4.2 annual % growth1998: 2.1 annual % growth1999: 3.7 annual % growth2000: 5.4 annual % growth2001: 0.359 annual % growth2002: -0.617 annual % growth2003: 3.1 annual % growth2004: 5.6 annual % growth2005: 5.8 annual % growth2006: 5.3 annual % growth2007: 4.9 annual % growth2008: 0.426 annual % growth2009: -9.1 annual % growth2010: 3.7 annual % growth2011: 4.6 annual % growth2012: 3.4 annual % growth2013: 2.5 annual % growth2014: 3.4 annual % growth2015: 2.9 annual % growth2016: 2.2 annual % growth2017: 4 annual % growth2018: 3.7 annual % growth2019: 2.6 annual % growth2020: -4.1 annual % growth2021: 6.4 annual % growth2022: 3.3 annual % growth2023: 3.2 annual % growth2024: 2.2 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, gross fixed capital formation in World stood at 2.2%.

The figure is down 30.6% on the previous year and down 34.7% over ten years.

Over the whole period, gross fixed capital formation in World peaked at 6.9% in 1988 and was at its lowest, -9.1%, in 2009.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.4% 6.0% 6.9% 2
1990s 2.1% -1.6% 5.6% 10
2000s 2.1% -9.1% 5.8% 10
2010s 3.3% 2.2% 4.6% 10
2020s 2.2% -4.1% 6.4% 5

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Frequently asked questions

What is gross fixed capital formation in World?
Gross fixed capital formation in World was 2.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in World?
The highest recorded value was 6.9% in 1988.
What is the lowest gross fixed capital formation recorded in World?
The lowest recorded value was -9.1% in 2009.
Is gross fixed capital formation rising or falling in World?
Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
Where does this World data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.