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This is the list of countries by gross fixed capital formation (GFCP), formerly known as gross fixed investment. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

According to World Bank,[1] gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA,[2] net acquisitions of valuables are also considered capital formation.

The following table shows the most recent values as well as two previous ones at 5-year intervals (if available) of gross fixed capital formation, expressed in millions of constant 2015 US dollars[3] and as percentage of GDP,[4] based on data published by World Bank. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

Country/Territory/Region/Group Gross fixed capital formation
Constant 2015 US$
(millions US$)
Percentage of GDP Year Constant 2015 US$
(millions US$)
Percentage of GDP Year Constant 2015 US$
(millions US$)
Percentage of GDP Year
 Afghanistan 1852.748 12.99% 2021
 Angola 27413.614 25.67% 2022 17127.299 23.24% 2017 34165.590 26.68% 2012
 Albania 4518.554 23.89% 2022 3199.793 24.58% 2017 3263.361 26.49% 2012
 United Arab Emirates 70613.018 20.21% 2020 83725.068 22.61% 2015 71752.718 23.90% 2010
 Argentina 112873.846 17.88% 2022 97588.216 15.16% 2017 86579.294 15.86% 2012
 Armenia 3954.573 20.27% 2022 2034.409 17.65% 2017 2506.036 23.60% 2012
 Australia 389721.178 23.02% 2022 318374.236 23.99% 2017 424120.557 27.40% 2012
 Austria 119134.594 25.30% 2022 98592.721 23.63% 2017 92726.616 22.65% 2012
 Azerbaijan 10137.941 12.88% 2022 9733.290 23.82% 2017 15646.762 22.46% 2012
 Burundi 446.951 13.39% 2022 244.689 8.98% 2017 346.225 14.84% 2012
 Belgium 139440.067 23.90% 2022 117036.100 23.28% 2017 113926.066 22.96% 2012
 Benin 6285.978 36.13% 2022 2977.071 23.44% 2017 1805.349 16.20% 2012
 Burkina Faso 3066.093 16.29% 2022 2946.989 20.89% 2017 2782.900 22.16% 2012
 Bangladesh 147481.968 32.05% 2022 90907.916 30.95% 2017 37689.469 28.26% 2012
 Bulgaria 15412.592 17.06% 2022 10855.945 18.30% 2017 11466.979 21.12% 2012
 Bahrain 9669.881 24.61% 2021 8305.053 25.76% 2016 6062.261 21.07% 2011
 Bahamas 2628.900 20.38% 2022 3283.100 26.79% 2017 3249.300 30.31% 2012
 Bosnia and Herzegovina 5060.060 21.40% 2021 3503.846 20.47% 2016 4097.430 21.98% 2011
 Belarus 14137.315 19.42% 2022 14315.271 26.16% 2017 21949.670 33.42% 2012
 Belize 588.641 20.80% 2022 349.205 15.41% 2017 247.881 13.05% 2012
 Bermuda 945.200 12.53% 2022 983.043 13.76% 2017 702.521 11.01% 2012
 Bolivia 7411.899 16.84% 2022 7977.471 21.27% 2017 4973.493 18.36% 2012
 Brazil 361411.092 18.82% 2022 300426.867 14.56% 2017 510714.163 20.72% 2012
 Barbados 963.500 16.90% 2022 768.650 15.40% 2017 736.200 15.96% 2012
 Brunei 4283.490 25.68% 2022 4194.838 34.59% 2017 6241.362 32.77% 2012
 Bhutan 1217.637 43.99% 2021 1221.029 56.56% 2016 1236.356 69.57% 2011
 Botswana 4943.225 24.28% 2022 3894.094 24.18% 2017 4376.099 31.47% 2012
 Central African Republic 355.779 14.93% 2022 502.297 24.24% 2017 270.331 10.77% 2012
 Canada 493892.391 23.10% 2022 374322.815 22.70% 2017 447843.495 24.49% 2012
 Switzerland 214840.725 26.25% 2022 188739.302 27.15% 2017 180315.064 26.27% 2012
 Chile 74738.502 24.83% 2022 61465.489 22.26% 2017 71436.239 26.75% 2012
 China 7539641.267 41.97% 2022 5153317.588 41.86% 2017 3775477.696 44.25% 2012
 Ivory Coast 17576.634 25.10% 2022 11505.937 21.91% 2017 6212.149 17.11% 2012
 Cameroon 7866.129 18.02% 2022 6965.626 19.30% 2017 5487.214 18.20% 2012
 Democratic Republic of the Congo 9915.438 15.32% 2022 9418.793 24.77% 2017 4175.543 14.25% 2012
 Republic of the Congo 3272.625 20.69% 2022 4339.021 36.66% 2017 6750.107 38.15% 2012
 Colombia 64991.426 18.91% 2022 67746.192 21.72% 2017 78309.281 21.13% 2012
 Comoros 161.052 12.96% 2022 143.550 13.32% 2017 169.606 16.70% 2012
 Costa Rica 11737.049 16.95% 2022 11000.462 18.18% 2017 9459.960 20.03% 2012
 Cuba 72713.000 11.48% 2022 9564.000 9.87% 2017 5677.000 7.76% 2012
 Curaçao 1037.207 34.05% 2018 875.754 28.87% 2013 28.05% 2008
 Cyprus 5957.060 20.37% 2022 4771.684 20.86% 2017 3872.785 15.51% 2012
 Czech Republic 77812.262 26.78% 2022 54474.198 24.92% 2017 54627.506 26.16% 2012
 Germany 901613.926 22.09% 2022 753357.264 20.41% 2017 716754.050 20.32% 2012
 Djibouti 1037.666 29.52% 2022 721.367 26.11% 2017
 Denmark 86996.259 21.74% 2022 70495.054 21.23% 2017 61431.050 18.78% 2012
 Dominican Republic 37669.288 33.18% 2022 18983.744 23.73% 2017 14612.141 24.08% 2012
 Algeria 58113.324 29.80% 2022 69367.836 40.78% 2017 64388.337 30.80% 2012
 Ecuador 24539.440 21.33% 2022 26496.256 25.40% 2017 23707.838 26.96% 2012
 Egypt 72498.480 15.21% 2022 36569.293 14.72% 2017 41016.667 14.70% 2012
 Eritrea 260.734 12.63% 2011
 Spain 284649.577 20.08% 2022 245063.997 18.66% 2017 245443.458 18.53% 2012
 Estonia 9646.852 25.32% 2022 6978.328 25.92% 2017 6608.817 28.71% 2012
 Ethiopia 32127.032 25.34% 2022 31435.989 38.44% 2017 16067.395 37.10% 2012
 Finland 68535.565 24.23% 2022 59691.224 23.35% 2017 59607.770 23.08% 2012
 Fiji 917.428 18.42% 2022 1028.813 19.22% 2017 592.883 14.93% 2012
 France 700271.026 25.20% 2022 583796.638 22.50% 2017 602702.075 22.46% 2012
 Federated States of Micronesia 37.800 35.49% 1983
 Gabon 3280.113 15.57% 2022 3179.453 21.30% 2017 4762.620 27.74% 2012
 United Kingdom 566660.949 18.34% 2022 489074.298 18.25% 2017 426538.637 15.76% 2012
 Georgia 4934.481 19.91% 2022 4140.596 25.49% 2017 3646.493 22.11% 2012
 Ghana 11828.748 16.04% 2022 11408.519 18.89% 2017 6648.834 16.11% 2012
 Guinea 3149.667 15.00% 2022 2660.236 25.77% 2017 1918.507 25.12% 2012
 Gambia 736.285 33.66% 2022 345.523 22.96% 2017 295.413 20.88% 2012
 Guinea-Bissau 348.340 24.33% 2020 99.006 9.45% 2015 90.657 10.67% 2010
 Equatorial Guinea 1294.714 11.39% 2019 6219.932 28.58% 2014 8056.811 53.61% 2009
 Greece 29797.579 13.69% 2022 23559.925 11.79% 2017 27905.084 11.53% 2012
 Greenland 1078.699 33.34% 2021 663.159 24.50% 2016 1718.289 64.01% 2011
 Guatemala 15923.507 16.76% 2022 9751.667 13.61% 2017 7452.443 15.03% 2012
 Guyana 266.717 32.33% 2005
 Hong Kong 57642.059 16.02% 2022 73907.637 21.66% 2017 66707.476 25.40% 2012
 Honduras 7465.941 23.54% 2022 5444.456 23.53% 2017 4515.597 24.37% 2012
 Croatia 14057.847 19.63% 2022 10994.017 19.61% 2017 11053.136 19.27% 2012
 Haiti 3212.647 15.86% 2022 2547.303 16.88% 2017 2400.328 17.51% 2012
 Hungary 49979.708 28.18% 2022 31696.496 22.15% 2017 24667.544 19.15% 2012
 Indonesia 383658.937 29.08% 2022 326629.477 32.16% 2017 300323.622 32.72% 2012
 India 996269.774 29.16% 2022 747127.553 28.18% 2017 611105.981 33.44% 2012
 Ireland 115335.195 21.63% 2022 111436.533 33.04% 2017 44174.518 19.62% 2012
 Iran 102224.821 24.72% 2022 107086.860 22.01% 2017 193558.210 30.05% 2012
 Iraq 17120.910 8.24% 2021 24283.595 14.58% 2016 31842.111 17.14% 2011
 Iceland 6255.205 22.29% 2022 5383.966 21.77% 2017 2357.721 15.98% 2012
 Israel 128979.551 24.57% 2022 78596.177 21.94% 2017 61353.796 23.39% 2012
 Italy 449763.392 21.94% 2022 342937.202 17.48% 2017 382102.318 18.31% 2012
 Jamaica 3814.154 24.09% 2019 3060.382 22.02% 2014 2528.008 20.86% 2009
 Jordan 8174.648 18.37% 2019 8191.549 22.23% 2014 7542.254 30.74% 2009
 Japan 1108353.316 26.19% 2022 1233071.751 25.01% 2017 1491169.581 23.77% 2012
 Kazakhstan 48165.679 21.36% 2022 36192.755 21.70% 2017 47430.239 22.80% 2012
 Kenya 21230.194 18.72% 2022 16321.756 19.90% 2017 12173.250 21.59% 2012
 Kyrgyzstan 2617.842 31.65% 2018 2168.200 29.56% 2013 1376.445 26.78% 2008
 Cambodia 6494.449 22.01% 2022 4856.301 21.90% 2017 2440.030 17.36% 2012
 Kiribati 47.888 21.04% 2021 61.786 34.61% 2016 33.031 18.28% 2011
 South Korea 538487.883 32.17% 2022 511455.783 31.51% 2017 377716.781 29.55% 2012
 Kuwait 3306.397 13.31% 1994
 Laos 4615.842 29.01% 2016
 Lebanon 1239.753 5.36% 2021 11555.314 22.59% 2016 10235.489 25.64% 2011
 Libya 5006.175 12.58% 2021 9699.658 19.43% 2016 8378.776 17.39% 2011
 Sri Lanka 17390.262 23.37% 2022 29823.068 31.60% 2017
 Lesotho 642.107 28.71% 2022 631.753 27.39% 2017 890.670 35.95% 2012
 Lithuania 15197.730 21.41% 2022 9606.570 20.11% 2017 7436.825 17.32% 2012
 Luxembourg 14299.391 17.51% 2022 11704.209 17.81% 2017 11463.635 19.18% 2012
 Latvia 8900.986 21.75% 2022 6279.438 20.60% 2017 7331.424 26.03% 2012
 Macau 5618.951 23.37% 2022 9988.411 19.82% 2017 5838.272 13.52% 2012
 Morocco 35511.965 27.13% 2022 33351.947 28.14% 2017 32032.423 29.95% 2012
 Moldova 3269.564 22.54% 2022 2134.705 22.43% 2017 2058.310 23.63% 2012
 Madagascar 2983.295 19.50% 2022 2390.107 18.14% 2017 2705.512 23.37% 2012
 Mexico 328882.610 22.44% 2022 276551.490 23.23% 2017 297313.160 23.69% 2012
 Marshall Islands 51.339 19.84% 2022 48.138 22.63% 2017 29.054 16.15% 2012
 North Macedonia 3283.376 23.46% 2021 2608.801 24.44% 2016 2479.063 23.62% 2011
 Mali 3486.158 18.52% 2022 2804.221 18.25% 2017 1843.753 14.82% 2012
 Malta 4578.559 25.26% 2022 2685.110 19.91% 2017 1665.840 17.61% 2012
 Montenegro 1340.277 21.51% 2022 1307.496 26.92% 2017 807.300 19.75% 2012
 Mongolia 5111.974 29.81% 2022 2565.850 22.35% 2017 5546.041 45.12% 2012
 Mauritania 2527.967 25.85% 2022 2059.779 30.29% 2017 2236.104 33.23% 2012
 Mauritius 2553.165 19.72% 2022 2305.300 16.81% 2017 2635.111 22.58% 2012
 Malaysia 74133.972 18.21% 2022 79978.202 25.06% 2017 79753.600 25.36% 2012
 Namibia 2080.655 16.11% 2022 2312.226 17.93% 2017 3357.947 25.75% 2012
 New Caledonia 2558.933 27.89% 2017
 Niger 4353.866 28.38% 2022 2885.201 25.80% 2017 2715.435 28.81% 2012
 Nicaragua 3361.253 21.45% 2022 3689.302 26.76% 2017 2955.790 28.06% 2012
 Netherlands 210470.725 20.85% 2022 167949.701 20.14% 2017 157393.036 18.76% 2012
 Norway 113944.353 19.67% 2022 97850.413 24.36% 2017 114376.107 22.31% 2012
 Nepal 11617.017 28.45% 2022 8858.190 30.58% 2017 5206.662 23.99% 2012
 New Zealand 64090.203 25.83% 2022 47348.021 22.92% 2017 36575.871 20.76% 2012
 Oman 22594.206 25.62% 2021 29524.837 39.30% 2016 22127.698 28.55% 2011
 Pakistan 52494.863 14.01% 2022 49601.656 14.62% 2017 33661.863 13.46% 2012
 Panama 24467.835 39.34% 2017
 Peru 57221.289 23.58% 2022 43483.675 20.61% 2017 48248.285 25.04% 2012
 Philippines 94345.658 23.34% 2022 84232.079 25.64% 2017 52200.934 19.93% 2012
 Papua New Guinea 712.138 18.13% 2004
 Poland 115657.683 16.81% 2022 92178.691 17.57% 2017 96977.100 19.58% 2012
 Puerto Rico 14277.600 12.59% 2022 8256.100 7.98% 2017 10356.100 10.20% 2012
 Portugal 51247.189 20.08% 2022 37152.653 16.78% 2017 34215.799 15.82% 2012
 Paraguay 9093.503 21.80% 2022 7484.423 19.19% 2017 6500.007 19.54% 2012
 Palestine 4778.400 25.00% 2022 4193.400 26.00% 2017 2499.200 20.47% 2012
 French Polynesia 1265.484 21.76% 2022 1116.345 19.14% 2017 1054.463 18.52% 2012
 Romania 74989.032 24.94% 2022 47968.238 22.83% 2017 48378.237 27.01% 2012
 Russia 464097.641 20.71% 2022 346042.693 21.98% 2017 476134.256 21.56% 2012
 Rwanda 3269.220 24.56% 2022 2101.658 22.71% 2017 1732.500 22.63% 2012
 Saudi Arabia 273136.966 24.64% 2022 171225.750 23.95% 2017 164046.675 22.11% 2012
 Sudan 1125.340 2.18% 2022 13968.920 10.77% 2017 12464.910 19.72% 2012
 Senegal 9925.160 35.85% 2022 5440.191 25.91% 2017 3656.230 20.70% 2012
 Singapore 96346.906 20.64% 2022 86679.508 25.25% 2017 77993.016 26.43% 2012
 Solomon Islands 288.942 18.81% 2020 208.915 15.97% 2015 161.163 17.94% 2010
 Sierra Leone 463.565 11.32% 2022 672.439 18.08% 2017 939.886 24.80% 2012
 El Salvador 6510.580 20.04% 2022 4003.860 16.03% 2017 3549.290 16.60% 2012
 San Marino 325.007 17.52% 2021 279.341 19.02% 2016
 Somalia 2698.885 25.90% 2022 1053.681 12.77% 2017
 Serbia 15353.900 24.16% 2022 7835.948 17.74% 2017 8751.209 20.21% 2012
 South Sudan 689.964 5.75% 2015
 Suriname 1639.824 37.54% 2010
 Slovakia 23187.802 20.08% 2022 20186.680 21.10% 2017 19273.448 20.37% 2012
 Slovenia 12983.520 21.62% 2022 8901.705 18.32% 2017 8864.554 19.03% 2012
 Sweden 160392.792 27.13% 2022 135993.090 25.14% 2017 125543.766 22.72% 2012
 Eswatini 564.735 11.79% 2022 564.932 12.83% 2017 577.813 11.82% 2012
 Seychelles 740.839 46.64% 2022 832.659 54.43% 2017 411.033 37.71% 2012
 Syria 780.660 8.70% 2021 992.839 7.88% 2016 14609.415 21.63% 2011
 Chad 1845.768 14.53% 2022 2053.843 20.54% 2017 3846.283 31.10% 2012
 Togo 1769.335 21.21% 2022 1083.869 16.97% 2017 1058.340 19.55% 2012
 Thailand 115933.962 23.40% 2022 105456.598 23.11% 2017 107315.514 26.99% 2012
 Tajikistan 2857.435 31.97% 2021 2801.801 40.07% 2016 1865.045 28.59% 2011
 Turkmenistan 9049.457 18.10% 2021 16987.457 46.97% 2016 15181.409 51.93% 2011
 Timor-Leste 321.426 10.03% 2022 522.136 32.67% 2017 668.489 57.60% 2012
 Tonga 109.027 23.24% 2021 99.819 23.74% 2016 117.062 28.24% 2011
 Tunisia 7553.416 16.31% 2022 8452.215 20.05% 2017 11286.718 23.86% 2012
 Turkey 264542.260 29.16% 2022 256469.440 29.86% 2017 238264.459 27.06% 2012
 Tanzania 32327.823 42.69% 2022 18730.911 35.16% 2017 13070.532 32.96% 2012
 Uganda 10684.431 23.45% 2022 7394.791 24.05% 2017 7039.628 25.78% 2012
 Ukraine 18635.470 11.61% 2022 17683.723 15.78% 2017 35429.229 19.40% 2012
 Uruguay 13138.395 18.46% 2022 10556.662 16.24% 2017 12014.282 22.15% 2012
 United States 4939579.000 21.19% 2021 3808723.000 20.37% 2016 2922919.000 18.74% 2011
 Uzbekistan 25752.584 32.03% 2022 15117.448 24.35% 2017 14107.644 20.89% 2012
 Venezuela 104298.406 21.62% 2014
 Vietnam 129536.796 31.69% 2022 85938.798 30.54% 2017 56042.069 28.65% 2012
 Vanuatu 566.830 53.69% 2022 238.878 27.14% 2017 174.584 23.35% 2012
 Samoa 268.509 32.24% 2022 275.778 31.17% 2017 304.145 39.34% 2012
 Kosovo 3044.687 32.36% 2022 2151.323 29.96% 2017 1891.936 30.70% 2012
 Yemen 1259.446 5.83% 2018 3275.968 8.11% 2013 4148.554 15.42% 2008
 South Africa 57590.636 14.21% 2022 62553.048 16.40% 2017 77909.449 17.93% 2012
 Zambia 7321.371 25.10% 2022 10041.187 38.81% 2017 6150.020 24.11% 2012
 Zimbabwe 3099.811 11.33% 2022 1699.378 9.66% 2017 2079.170 12.15% 2012
United Nations WORLD 26051112.573 25.71% 2022 20501937.510 25.16% 2017 18508829.727 24.48% 2012
LDCs (Least developed countries) 396883.567 27.81% 2022 291910.209 26.16% 2017 204307.905 24.09% 2012
Low & middle income (WB) 12572101.171 31.98% 2022 9249313.463 31.21% 2017 8000526.214 31.03% 2012
Low-income (WB) 99107.523 18.77% 2022 101160.797 20.47% 2017 82244.078 20.06% 2012
Middle-income (WB) 12461346.680 32.13% 2022 9143651.689 31.37% 2017 7913612.462 31.19% 2012
Lower middle income (WB) 2215040.828 27.11% 2022 1737638.302 26.91% 2017 1527059.084 27.80% 2012
Upper middle income (WB) 10200054.368 33.32% 2022 7384338.122 32.55% 2017 6371786.386 32.05% 2012
High-income (WB) 13425027.184 22.30% 2021 10635131.725 21.57% 2016 10316295.277 20.87% 2011
European Union 3760308.909 22.45% 2022 3066343.408 20.77% 2017 2977613.435 20.34% 2012
OECD (Organisation for Economic Cooperation and Development) 13040931.978 22.26% 2021 10444006.844 21.60% 2016 10209041.463 20.95% 2011

References[edit]

  1. ^ World Bank. "Metadata Glossary | Gross fixed capital formation (% of GDP)". Retrieved 12 December 2023. This article incorporates text from this source, which is available under the CC BY 4.0 license.
  2. ^ United Nations Statistics Division. "System of National Accounts 1993 - 1993 SNA". Retrieved 12 December 2023.
  3. ^ World Bank. "Gross fixed capital formation (current US$)". Retrieved 12 December 2023.
  4. ^ World Bank. "Gross fixed capital formation (% of GDP)". Retrieved 12 December 2023.

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