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United States—Gross Capital Formation (% of GDP)

Category: EconomySource: World Bank World Development Indicators ↗Global Rank: #109 of 175Series years: 2000–2024
Latest Value
21.5%
2024
YoY Change
-0.2%
2023 → 2024
Global Rank
#109
of 175 countries
Maximum
23.7%
2000
Minimum
17.8%
2009
CAGR
-0.4%
25 years
Last
21.5%
Previous
21.6%
Highest
23.7%
Lowest
17.8%
Unit
% of GDP
Source
World Bank World Development Indicators

United States's gross capital formation (% of GDP) was 21.5% in 2024, ranking #109 out of 175 countries. This represents a -0.2% change from 2023. Over the past 25 years, the highest recorded value was 23.7% (2000) and the lowest was 17.8% (2009). Data sourced from the World Bank World Development Indicators.

United States — Gross Capital Formation (% of GDP): 21.5325967668865 % of GDP for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202421.5%-0.2%
202321.6%-2.1%
202222.0%+2.9%
202121.4%-0.1%
202021.4%-1.1%
201921.7%+0.5%
201821.6%+2.0%
201721.2%+1.3%
201620.9%-2.5%
201521.4%+2.5%
201420.9%+2.6%
201320.4%+2.1%
201220.0%+4.8%
201119.0%+1.9%
201018.7%+5.1%
200917.8%-15.5%
200821.0%-6.7%
200722.6%-4.2%
200623.5%+0.7%
200523.4%+3.2%
200422.7%+4.2%
200321.7%+0.1%
200221.7%-2.0%
200122.2%-6.3%
200023.7%

Top Countries — Gross Capital Formation (% of GDP)

#CountryValueYear
1Algeria45.3%2025
2Mauritania44.3%2025
3Bhutan42.6%2024
4Iran41.8%2025
5Tanzania40.7%2025
6China40.5%2024
7The Gambia40.4%2025
8Guinea37.0%2025
9Greenland36.0%2023
10Benin35.8%2025
View all 175 countries →

About This Indicator

Definition

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2024View original source →