Germany's gross fixed capital formation (% of GDP) was 20.31% in 2025, the latest year in the World Bank's World Development Indicators. That is up 0.56 percentage points from 19.75% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 20.31% | 2025 |
| Five years earlier | 21.34% | 2020 |
| Ten years earlier | 19.75% | 2015 |
| Highest | 29.95% | 1971 |
| Lowest | 18.76% | 2005 |
| Average since 2016 | 20.82% | 2016–2025 |
| First recorded | 29.25% | 1970 |
What the numbers say
In 2025, Germany's gross fixed capital formation (% of GDP) fell 0.15 percentage points on 2024 (from 20.46% to 20.31%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.12 percentage points and a typical year strayed about 0.59 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 0.91 percentage points in 1979 and the biggest yearly fall was 2.76 percentage points in 1974. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Germany had the 86th highest value of the 126 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Germany | 20.31% | 2025 |
| World | 25.62% | 2024 |
| Europe & Central Asia | 21.91% | 2025 |
| High income | 22.21% | 2024 |
Closest to Germany in the 2025 ranking
- Spain — 82nd of 126: 20.61%
- Slovak Republic — 83rd of 126: 20.53%
- Peru — 84th of 126: 20.52%
- Bulgaria — 86th of 126: 20.13%
- Ethiopia — 87th of 126: 20.12%
- Côte d'Ivoire — 88th of 126: 20.04%
What this measures
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 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 56 values
| Year | Gross fixed capital formation (% of GDP) |
|---|---|
| 2025 | 20.31 |
| 2024 | 20.46 |
| 2023 | 21.19 |
| 2022 | 21.6 |
| 2021 | 21.18 |
| 2020 | 21.34 |
| 2019 | 21.15 |
| 2018 | 20.82 |
| 2017 | 20.13 |
| 2016 | 20.04 |
| 2015 |
Gross fixed capital formation (% of GDP) in nearby economies
- Albania — 24.27% (2025)
- Armenia — 21.42% (2025)
- Austria — 23.53% (2025)
- Azerbaijan — 16.29% (2025)
- Belarus — 25.08% (2025)
- Belgium — 23.89% (2025)
- Bosnia and Herzegovina — 24.37% (2024)
- Bulgaria — 20.13% (2025)
- Croatia — 25.73% (2025)
- Cyprus — 20.03% (2025)
More economic policy & debt data for Germany
- Total reserves, including gold (current US$) — US$572.2 billion (2025)
- Total reserves, excluding gold (current US$) — US$101.73 billion (2025)
- GDP (current US$) — US$5.05 trillion (2025)
- GDP (current LCU) — 4.47 trillion (2025)
- GDP (constant 2015 US$) — US$3.69 trillion (2025)
- GDP (constant LCU) — 3.61 trillion (2025)
- GDP per capita (current US$) — US$60,496 (2025)
- GDP per capita (current LCU) — 53,538 (2025)
- GDP per capita (constant 2015 US$) — US$44,147 (2025)
- GDP per capita (constant LCU) — 43,232 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Germany's gross fixed capital formation (% of GDP)?
- 20.31% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 8.94 percentage points from 29.25% in 1970. The highest value was 29.95% in 1971 and the lowest 18.76% in 2005.
- How does Germany rank?
- 86th highest of 126 economies with data for 2025.
- Is the latest change in gross fixed capital formation (% of GDP) unusual for Germany?
- In 2025, Germany's gross fixed capital formation (% of GDP) fell 0.15 percentage points on 2024 (from 20.46% to 20.31%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.12 percentage points and a typical year strayed about 0.59 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.ZS, licensed CC BY 4.0. Original source: 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) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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