Gross fixed capital formation in Middle income
Middle income: Gross fixed capital formation was 12.49 trillion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Middle income, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Middle income recorded 12.49 trillion current US$ for gross fixed capital formation in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 48.6% over ten years.
Over the whole period, gross fixed capital formation in Middle income peaked at 12.49 trillion current US$ in 2024 and was at its lowest, 43.55 billion current US$, in 1962.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.01 billion current US$ | 43.55 billion current US$ | 85.13 billion current US$ | 10 |
| 1970s | 236.70 billion current US$ | 98.78 billion current US$ | 402.81 billion current US$ | 10 |
| 1980s | 545.32 billion current US$ | 474.76 billion current US$ | 661.12 billion current US$ | 10 |
| 1990s | 1.01 trillion current US$ | 695.30 billion current US$ | 1.29 trillion current US$ | 10 |
| 2000s | 2.59 trillion current US$ | 1.31 trillion current US$ | 4.77 trillion current US$ | 10 |
| 2010s | 8.17 trillion current US$ | 5.79 trillion current US$ | 9.99 trillion current US$ | 10 |
| 2020s | 11.61 trillion current US$ | 9.70 trillion current US$ | 12.49 trillion current US$ | 5 |
More economy & growth data for Middle income
- Agriculture, forestry, and fishing, value added 3.31 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita 3,291 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 4.7% (2024)
- Households and NPISHs Final consumption expenditure 19.67 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 20.43 trillion current US$ (2024)
- External balance on goods and services 1.1% (2025)
- Trade 48.5% (2025)
- General government final consumption expenditure 15.3% (2024)
- General government final consumption expenditure 5.96 trillion current US$ (2024)
- Industry (including construction), value added 12.84 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in Middle income?
- Gross fixed capital formation in Middle income was 12.49 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Middle income?
- The highest recorded value was 12.49 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Middle income?
- The lowest recorded value was 43.55 billion current US$ in 1962.
- Is gross fixed capital formation rising or falling in Middle income?
- Over the last ten years it is up 48.6%. The long-run trend across the full record is volatile.
- Where does this Middle income data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.