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Indicators/Gross fixed capital formation to GDP

output · indicator

Gross fixed capital formation to GDP

investment_gfcf_gdp

Investment measured by gross fixed capital formation as a share of GDP.

Unit
percent of GDP
Display
percent
Cadence
annual
Source
World Bank WDI
Latest global
25.6%

Global · 2024

Next global forecast
25.6%

Baseline · 2025

How it’s forecast

Investment uses a weighted composite model with a 8-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

Why it matters

Higher readings are generally healthier for this metric.

Trajectory

Global history & forecast

Before consensus

Who’s diverging

Countries whose latest reading deviates most from their own recent trend.

  • 1Suriname37.5%▼−9.54pp
  • 2Afghanistan15.2%▼−1.42pp
  • 3United Arab Emirates28.9%▲+6.54pp
  • 4Curacao34.0%▲+5.32pp
  • 5Vanuatu37.9%▼−8.22pp
  • 6Hungary23.1%▼−2.31pp

Rankings

Highest current readings

Micronesia, Fed. Sts.
44.9%
Bhutan
44.6%
Tanzania
41.4%
China
39.9%
Vanuatu
37.9%
Suriname
37.5%
Uzbekistan
37.1%
Palau
35.3%

By country

Scenario paths — top economies

Observed history with a baseline / optimistic / pessimistic forecast for the largest current readings.

Micronesia, Fed. Sts.44.9%
Bhutan44.6%
Tanzania41.4%
China39.9%
Vanuatu37.9%
Suriname37.5%

Forecast

Latest values & forecast horizons

Per-country latest reading and baseline forecast across horizons.

CountryLatestYear1y3y5y10y
Afghanistan15.2%202315.1%14.8%14.6%14.1%
Albania24.4%202423.8%22.5%21.2%18.1%
Algeria35.2%202434.8%33.8%32.9%30.4%
Angola10.4%20248.7%4.3%0.0%0.0%
Argentina15.9%202415.9%15.9%15.9%16.0%
Armenia21.4%202421.5%22.2%22.9%24.6%
Australia24.1%202424.3%24.7%25.2%26.3%
Austria23.5%202423.2%22.4%21.6%19.6%
Azerbaijan16.8%202416.8%16.5%16.2%15.5%
Bahamas, The25.7%202425.9%26.3%26.8%28.1%
Bahrain28.9%202429.5%30.8%32.1%35.3%
Bangladesh30.7%202430.6%30.3%30.0%29.3%
Belarus23.8%202423.9%24.0%24.1%24.3%
Belgium24.2%202424.3%24.5%24.7%25.2%
Belize21.1%202421.5%22.7%23.9%26.9%
Benin34.7%202436.2%40.1%44.0%53.8%
Bermuda10.9%202410.5%9.3%8.1%5.1%
Bhutan44.6%202345.9%47.8%49.8%54.7%
Bolivia16.6%202416.3%15.2%14.2%11.6%
Bosnia and Herzegovina24.5%202425.0%26.3%27.5%30.7%
Botswana28.3%202428.6%29.5%30.3%32.5%
Brazil16.9%202416.8%16.6%16.5%16.1%
Brunei27.7%202426.9%24.6%22.2%16.3%
Bulgaria18.3%202418.7%19.5%20.2%22.2%
Burkina Faso17.2%202416.9%16.2%15.6%13.9%
Cambodia31.6%202432.0%32.8%33.7%35.8%
Cameroon18.2%202418.2%18.1%18.0%17.8%
Canada22.6%202422.4%22.0%21.7%20.7%
Central African Republic15.1%202414.7%13.7%12.7%10.1%
Chad14.9%202414.7%14.1%13.5%11.9%
Chile23.5%202423.5%23.6%23.7%24.0%
China39.9%202439.6%38.7%37.9%35.8%
Colombia16.6%202415.9%14.1%12.3%7.9%
Comoros11.7%202411.4%10.6%9.8%7.8%
Congo26.5%202426.9%27.8%28.7%31.0%
Costa Rica15.8%202415.6%14.9%14.2%12.5%
Croatia25.2%202426.2%28.6%31.0%37.0%
Cuba12.8%202413.3%14.5%15.7%18.7%
Curacao34.0%201835.1%38.0%40.8%47.9%
Cyprus20.5%202420.9%21.7%22.6%24.6%
Czechia26.5%202426.7%27.3%27.8%29.2%
Côte d'Ivoire19.7%202419.4%18.5%17.6%15.4%
DR Congo32.5%202432.8%33.8%34.7%37.1%
Denmark23.3%202423.5%23.9%24.3%25.3%
Djibouti24.2%202423.1%20.4%17.7%11.0%
Dominican Republic26.1%202426.0%25.8%25.6%25.0%
Ecuador18.4%202418.2%17.6%16.9%15.4%
Egypt11.7%202410.8%8.4%6.1%0.1%
El Salvador22.2%202422.6%23.9%25.2%28.5%
Equatorial Guinea9.1%20249.1%8.9%8.8%8.4%
Eritrea12.6%201112.3%11.5%10.7%8.6%
Estonia23.9%202423.0%20.8%18.6%13.0%
Eswatini16.1%202415.9%15.5%15.0%14.0%
Ethiopia20.6%202418.6%13.5%8.3%0.0%
Finland22.0%202421.6%20.4%19.3%16.5%
France22.1%202421.9%21.6%21.2%20.2%
French Polynesia21.9%202421.9%21.8%21.6%21.3%
Gabon19.1%202419.3%19.6%20.0%20.8%
Gambia, The29.9%202430.1%30.8%31.5%33.3%
Georgia21.3%202421.3%21.0%20.8%20.2%
Germany20.5%202420.4%20.2%19.9%19.4%
Ghana9.9%20248.1%3.8%0.0%0.0%
Greece16.0%202416.6%18.1%19.5%23.2%
Greenland34.7%202335.6%38.0%40.5%46.5%
Guatemala16.1%202416.2%16.6%17.0%18.0%
Guinea33.2%202436.2%44.0%51.7%70.0%
Guinea-Bissau24.1%202424.7%26.1%27.5%31.1%
Guyana32.3%200533.9%38.0%42.2%52.6%
Haiti9.9%20248.5%4.9%1.3%0.0%
Honduras23.9%202424.1%24.7%25.3%26.7%
Hong Kong16.3%202416.0%15.2%14.4%12.3%
Hungary23.1%202422.5%20.9%19.4%15.6%
Iceland26.6%202427.5%29.6%31.7%37.0%
India29.9%202430.0%30.3%30.6%31.4%
Indonesia29.1%202428.7%27.7%26.6%24.0%
Iran28.1%202428.2%28.6%29.0%30.1%
Iraq19.4%202421.0%24.8%28.6%38.1%
Ireland17.3%202416.4%12.7%9.0%0.0%
Israel22.7%202422.6%22.3%22.1%21.4%
Italy22.2%202422.6%23.9%25.2%28.5%
Japan26.1%202426.2%26.5%26.8%27.5%
Jordan22.2%202122.3%22.7%23.1%24.2%
Kazakhstan24.3%202424.8%25.8%26.9%29.6%
Kenya17.5%202417.1%16.0%14.9%12.1%
Kiribati25.4%202326.6%29.6%32.6%40.1%
Kosovo31.6%202431.5%31.1%30.8%30.0%
Kuwait16.8%202315.7%12.8%10.0%2.9%
Kyrgyz Republic24.0%202423.5%22.1%20.7%17.4%
Laos29.0%201628.9%28.4%27.9%26.8%
Latvia22.4%202422.5%22.5%22.6%22.7%
Lebanon1.9%20230.0%0.0%0.0%0.0%
Lesotho28.3%202329.0%30.6%32.1%36.1%
Libya14.3%202414.8%16.1%17.3%20.3%
Lithuania22.5%202422.7%23.2%23.8%25.1%
Luxembourg15.4%202414.9%13.7%12.5%9.5%
Macao13.7%202412.0%7.9%3.8%0.0%
Madagascar22.2%202422.0%21.8%21.5%20.9%
Malaysia20.5%202420.5%20.2%20.0%19.4%
Maldives34.8%202435.3%35.9%36.4%37.7%
Mali20.8%202420.2%18.9%17.5%14.1%
Malta18.5%202417.7%16.0%14.2%9.8%
Marshall Islands22.5%202422.4%21.8%21.3%19.9%
Mauritania25.8%202424.8%22.5%20.2%14.5%
Mauritius21.0%202421.4%22.5%23.6%26.4%
Mexico24.1%202424.6%25.9%27.1%30.2%
Micronesia, Fed. Sts.44.9%198344.9%44.9%44.9%44.9%
Moldova20.0%202419.1%17.0%14.9%9.7%
Mongolia27.2%202427.1%27.1%27.1%27.1%
Montenegro21.1%202420.4%18.7%16.9%12.6%
Morocco26.5%202426.3%25.9%25.5%24.4%
Namibia23.7%202425.6%30.1%34.6%46.0%
Nepal24.3%202423.1%19.9%16.7%8.7%
Netherlands19.8%202419.7%19.5%19.2%18.5%
New Caledonia22.1%202421.4%19.3%17.2%12.0%
New Zealand23.2%202423.1%22.7%22.3%21.3%
Nicaragua22.9%202422.7%22.6%22.4%22.1%
Niger22.1%202420.5%16.8%13.0%3.6%
North Macedonia23.5%202423.7%24.2%24.7%26.0%
Norway22.0%202421.8%21.2%20.7%19.3%
Oman25.5%202425.0%23.5%22.1%18.5%
Pakistan11.5%202411.1%10.0%9.0%6.4%
Palau35.3%202335.1%34.7%34.2%33.2%
Panama31.4%202431.7%32.1%32.5%33.5%
Papua New Guinea18.1%200417.9%17.4%16.9%15.8%
Paraguay21.0%202420.7%20.2%19.7%18.4%
Peru20.8%202420.4%19.5%18.7%16.5%
Philippines23.6%202423.6%23.6%23.6%23.6%
Poland17.0%202417.1%17.1%17.1%17.2%
Portugal20.4%202420.6%21.0%21.5%22.6%
Puerto Rico (US)13.7%202414.1%14.8%15.6%17.5%
Romania25.3%202425.7%26.6%27.6%30.0%
Russia22.1%202422.6%23.7%24.9%27.6%
Rwanda29.1%202429.7%31.4%33.0%37.2%
Samoa27.8%202427.2%25.4%23.6%19.1%
San Marino16.9%202316.5%15.4%14.3%11.6%
Saudi Arabia28.6%202429.8%32.6%35.4%42.4%
Senegal34.0%202434.5%35.7%37.0%40.2%
Serbia23.8%202424.1%25.0%25.9%28.1%
Seychelles17.2%202417.2%16.9%16.6%15.9%
Sierra Leone19.6%202420.2%21.7%23.3%27.1%
Singapore21.9%202421.8%21.6%21.4%20.9%
Slovakia20.4%202420.5%20.7%20.9%21.4%
Slovenia20.9%202421.2%21.7%22.3%23.7%
Solomon Islands19.5%202418.9%17.7%16.5%13.4%
Somalia, Fed. Rep.26.7%202428.5%33.0%37.6%48.9%
South Africa14.5%202414.7%15.0%15.3%16.1%
South Korea30.0%202429.8%29.3%28.7%27.4%
South Sudan5.8%20155.2%3.5%1.8%0.0%
Spain20.3%202420.4%20.5%20.7%21.1%
Sri Lanka18.8%202416.8%11.8%6.9%0.0%
Sudan2.9%20242.3%0.7%0.0%0.0%
Suriname37.5%201035.8%31.8%27.8%17.8%
Sweden25.1%202425.1%25.3%25.4%25.7%
Switzerland25.1%202424.8%24.2%23.6%22.1%
Syria4.5%20223.7%1.8%0.0%0.0%
Tajikistan28.3%202328.2%27.4%26.6%24.6%
Tanzania41.4%202441.6%42.3%42.9%44.5%
Thailand22.2%202422.0%21.6%21.1%19.8%
Timor-Leste27.0%202428.3%31.7%35.0%43.4%
Togo27.1%202228.4%31.8%35.3%43.9%
Tonga26.2%202326.6%27.6%28.5%30.9%
Trinidad and Tobago19.0%202318.5%17.3%16.1%13.2%
Tunisia15.2%202414.9%13.9%13.0%10.6%
Turkmenistan17.6%202416.7%14.2%11.6%5.3%
Türkiye31.3%202432.0%33.6%35.1%39.1%
Uganda21.6%202421.2%20.2%19.2%16.6%
Ukraine18.9%202420.1%23.1%26.0%33.3%
United Arab Emirates28.9%200930.6%35.1%39.5%50.6%
United Kingdom18.7%202418.7%18.7%18.7%18.8%
United States21.7%202421.7%21.8%21.9%22.2%
Uruguay16.2%202416.1%15.7%15.3%14.4%
Uzbekistan37.1%202438.2%41.1%43.9%51.2%
Vanuatu37.9%202241.3%49.1%56.9%70.0%
Venezuela3.8%20243.2%1.7%0.3%0.0%
Vietnam29.0%202428.7%27.9%27.0%25.0%
West Bank and Gaza21.8%202421.4%20.2%19.0%15.9%
Yemen, Rep.6.2%20186.6%7.6%8.6%11.0%
Zambia21.6%202420.1%15.8%11.6%1.0%
Zimbabwe7.9%20247.4%6.2%5.0%2.0%

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Sources

Methodology & source

Investment uses a weighted composite model with a 8-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.

World Bank WDIMethodology
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