Gross fixed capital formation in World
World: Gross fixed capital formation was 28.61 trillion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in World, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in World is 28.61 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.6% on the previous year and up 43.0% over ten years.
Over the whole period, gross fixed capital formation in World peaked at 28.61 trillion current US$ in 2024 and was at its lowest, 729.96 billion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.50 trillion current US$ | 729.96 billion current US$ | 2.63 trillion current US$ | 10 |
| 1980s | 3.62 trillion current US$ | 2.86 trillion current US$ | 5.30 trillion current US$ | 10 |
| 1990s | 6.94 trillion current US$ | 5.84 trillion current US$ | 7.83 trillion current US$ | 10 |
| 2000s | 11.19 trillion current US$ | 7.96 trillion current US$ | 15.71 trillion current US$ | 10 |
| 2010s | 19.64 trillion current US$ | 15.75 trillion current US$ | 23.05 trillion current US$ | 10 |
| 2020s | 26.34 trillion current US$ | 22.51 trillion current US$ | 28.61 trillion current 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 28.61 trillion current US$ 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 28.61 trillion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in World?
- The lowest recorded value was 729.96 billion current US$ in 1970.
- Is gross fixed capital formation rising or falling in World?
- Over the last ten years it is up 43.0%. 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 (current 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 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.