List of countries by gross fixed capital formation explained

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
			2021
			2022			2017			2012
			2022			2017			2012
			2020			2015			2010
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2018			2013			2008
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			1983
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2020			2015			2010
			2019			2014			2009
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2005
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2019			2014			2009
			2019			2014			2009
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2018			2013			2008
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			1994
			2016
			2021			2016			2011
			2021			2016			2011
			2022			2017
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2017
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2017
			2022			2017			2012
			2022			2017			2012
			2004
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2020			2015			2010
			2022			2017			2012
			2022			2017			2012
			2021			2016
			2022			2017
			2022			2017			2012
			2015
			2010
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2021			2016			2011
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2021			2016			2011
			2022			2017			2012
			2014
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
			2018			2013			2008
			2022			2017			2012
			2022			2017			2012
			2022			2017			2012
WORLD			2022			2017			2012
LDCs (Least developed countries)			2022			2017			2012
Low & middle income (WB)			2022			2017			2012
Low-income (WB)			2022			2017			2012
Middle-income (WB)			2022			2017			2012
Lower middle income (WB)			2022			2017			2012
Upper middle income (WB)			2022			2017			2012
High-income (WB)			2021			2016			2011
European Union			2022			2017			2012
OECD (Organisation for Economic Cooperation and Development)			2021			2016			2011

Notes and References

1. Web site: Metadata Glossary Gross fixed capital formation (% of GDP) . World Bank . 2023-12-12.
2. Web site: United Nations Statistics Division . System of National Accounts 1993 - 1993 SNA . 2023-12-12.
3. Web site: World Bank . Gross fixed capital formation (current US$) . 2023-12-12.
4. Web site: World Bank . Gross fixed capital formation (% of GDP) . 2023-12-12.