Ukraine's gross fixed capital formation (constant 2015 US$) was US$24 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 94.6% from US$12.33 billion in 2015 (6.88% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$24 billion | 2025 |
| Five years earlier | US$17.66 billion | 2020 |
| Ten years earlier | US$12.33 billion | 2015 |
| Highest | US$71.47 billion | 1990 |
| Lowest | US$12.05 billion | 1996 |
| Average since 2016 | US$19.13 billion | 2016–2025 |
| First recorded | US$71.47 billion |
What the numbers say
In 2025, Ukraine's gross fixed capital formation (constant 2015 US$) rose 10.9% on 2024 (from US$21.65 billion to US$24 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.1% and a typical year strayed about 21.1% from that (the standard deviation). This year's change was 0.4 standard deviations above 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 65.9% in 2023 and the biggest yearly fall was 50.3% in 1994. 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 23% 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, Ukraine had the 53rd highest value of the 123 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 | |
|---|---|---|
| Ukraine | US$24 billion | 2025 |
| World | US$23.95 trillion | 2024 |
| Europe & Central Asia | US$5.45 trillion | 2025 |
Closest to Ukraine in the 2025 ranking
- Hungary — 50th of 123: US$31.85 billion
- Sri Lanka — 51st of 123: US$25.54 billion
- Dominican Republic — 52nd of 123: US$25.24 billion
- Slovak Republic — 54th of 123: US$22.89 billion
- Côte d'Ivoire — 55th of 123: US$22.29 billion
- Kenya — 56th of 123: US$21.59 billion
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 36 values
| Year | Gross fixed capital formation (constant 2015 US$) |
|---|---|
| 2025 | 24,001,209,907 |
| 2024 | 21,648,422,636 |
| 2023 | 21,199,176,529 |
| 2022 | 12,775,142,013 |
| 2021 | 19,313,662,429 |
| 2020 | 17,664,402,627 |
| 2019 | 22,458,744,109 |
| 2018 | 20,101,168,808 |
| 2017 | 17,240,942,282 |
| 2016 | 14,854,634,290 |
Gross fixed capital formation (constant 2015 US$) in nearby economies
- Albania — US$4.56 billion (2025)
- Armenia — US$4.5 billion (2025)
- Austria — US$98.72 billion (2025)
- Belarus — US$16.63 billion (2025)
- Belgium — US$129.57 billion (2025)
- Bosnia and Herzegovina — US$5.75 billion (2024)
- Bulgaria — US$14.74 billion (2025)
- Croatia — US$18.16 billion (2025)
- Cyprus — US$6.43 billion (2025)
- Czechia
More economic policy & debt data for Ukraine
- GDP (current LCU) — 8.93 trillion (2025)
- GDP per capita (current LCU) — 244,543 (2025)
- Adjusted savings, education expenditure (% of GNI) — 5.02% (2021)
- Adjusted savings, mineral depletion (current US$) — US$3.4 billion (2021)
- Adjusted savings, energy depletion (current US$) — US$1.35 billion (2021)
- Agriculture, forestry, and fishing, value added (current US$) — US$16.22 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 676.33 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 7.57% (2025)
- Industry, including construction, value added (current US$)
Reading data like this
Questions people ask
- What is Ukraine's gross fixed capital formation (constant 2015 US$)?
- US$24 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is down 66.42% from US$71.47 billion in 1990 (3.07% a year on average, compounded). The highest value was US$71.47 billion in 1990 and the lowest US$12.05 billion in 1996.
- How does Ukraine rank?
- 53rd highest of 123 economies with data for 2025.
- Is the latest change in gross fixed capital formation (constant 2015 US$) unusual for Ukraine?
- In 2025, Ukraine's gross fixed capital formation (constant 2015 US$) rose 10.9% on 2024 (from US$21.65 billion to US$24 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.1% and a typical year strayed about 21.1% from that (the standard deviation). This year's change was 0.4 standard deviations above 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.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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