Heavily indebted poor countries (HIPC): Gross fixed capital formation (constant 2015 US$)

Key figures

What the numbers say

In 2025, Heavily indebted poor countries (HIPC)'s gross fixed capital formation (constant 2015 US$) rose 5.2% on 2024 (from US$276.61 billion to US$290.87 billion).

Across the 18 yearly changes before that (2007 to 2024), the average change was +6.9% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 0.3 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 18.1% in 2007 and the biggest yearly fall was 8.9% in 2009. 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 the straight-line trend is upward, about US$11.09 billion a year. A straight line explains 94% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$314.58 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$9.6 billion, against US$21.01 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

See how every economy compares in the full ranking.

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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 20 values

Gross fixed capital formation (constant 2015 US$) in nearby economies

• Algeria — US$109.39 billion (2025)
• Bahrain — US$12.94 billion (2024)
• Djibouti — US$1.09 billion (2025)
• Egypt, Arab Rep. — US$45.85 billion (2025)
• Iran, Islamic Rep. — US$91.65 billion (2025)
• Iraq — US$9.2 billion (2024)
• Israel — US$102.07 billion (2025)
• Lebanon — US$88.48 million (2024)
• Libya — US$7.95 billion (2025)
• Malta

More economic policy & debt data for Heavily indebted poor countries (HIPC)

• GDP (current US$) — US$1.29 trillion (2025)
• GDP (constant 2015 US$) — US$1.01 trillion (2025)
• GDP per capita (current US$) — US$1,332 (2025)
• GDP per capita (constant 2015 US$) — US$1,048 (2025)
• GNI (current US$) — US$1.24 trillion (2025)
• GDP (annual % growth) — 5.83% (2025)
• GDP per capita (annual % growth) — 3.1% (2025)
• GNI, Atlas method (current US$) — US$1.19 trillion (2025)
• GNI per capita, Atlas method (current US$)

Reading data like this

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Questions people ask

What is Heavily indebted poor countries (HIPC)'s gross fixed capital formation (constant 2015 US$)?

US$290.87 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2006?

Source

World Bank, World Development Indicators, indicator NE.GDI.FTOT.KD, 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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