Gross fixed capital formation in World
World: Gross fixed capital formation was 23.95 trillion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in World, 1987–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in World is 23.95 trillion constant 2015 US$, measured in 2024. That is the highest value across all 38 years on record.
The figure is up 2.2% on the previous year and up 29.1% over ten years.
Over the whole period, gross fixed capital formation in World peaked at 23.95 trillion constant 2015 US$ in 2024 and was at its lowest, 9.22 trillion constant 2015 US$, in 1987.
The long-run direction has been consistently rising across the 38 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.83 trillion constant 2015 US$ | 9.22 trillion constant 2015 US$ | 10.44 trillion constant 2015 US$ | 3 |
| 1990s | 11.25 trillion constant 2015 US$ | 10.29 trillion constant 2015 US$ | 12.79 trillion constant 2015 US$ | 10 |
| 2000s | 15.07 trillion constant 2015 US$ | 13.45 trillion constant 2015 US$ | 17.18 trillion constant 2015 US$ | 10 |
| 2010s | 18.86 trillion constant 2015 US$ | 16.20 trillion constant 2015 US$ | 21.57 trillion constant 2015 US$ | 10 |
| 2020s | 22.55 trillion constant 2015 US$ | 20.68 trillion constant 2015 US$ | 23.95 trillion constant 2015 US$ | 5 |
More economy & growth data for World
- Final consumption expenditure 70.92 trillion constant 2015 US$ (2024)
- Industry (including construction), value added 29.57 trillion current US$ (2025)
- Manufacturing, value added 14.9% (2025)
- Households and NPISHs final consumption expenditure 56.6% (2024)
- Final consumption expenditure 81.66 trillion current US$ (2024)
- Gross national expenditure 111.01 trillion current US$ (2024)
- Exports of goods and services 34.89 trillion current US$ (2025)
- Gross national expenditure 96.34 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 2.0% (2024)
- Final consumption expenditure 2.9% (2024)
Frequently asked questions
- What is gross fixed capital formation in World?
- Gross fixed capital formation in World was 23.95 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in World?
- The highest recorded value was 23.95 trillion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in World?
- The lowest recorded value was 9.22 trillion constant 2015 US$ in 1987.
- Is gross fixed capital formation rising or falling in World?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this World data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 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.