Of the economies in the World Bank's latest release, Algeria has the highest gross capital formation (% of GDP) (45.27% in 2025) and Equatorial Guinea the lowest (-3.68% in 2025). The world figure is 26.29% (2024).
What this measures
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.
Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Algeria | 45.27% | 2025 |
| 2 | Mauritania | 44.33% | 2025 |
| 3 | Bhutan | 42.6% | 2024 |
| 4 | Iran, Islamic Rep. | 41.77% | 2025 |
| 5 | Curaçao | 41.07% | 2018 |
| 6 | Tanzania | 40.68% | 2025 |
| 7 | China | 40.48% | 2024 |
| 8 | Gambia, The | 40.39% | 2025 |
| 9 | Guinea | 37% | 2025 |
| 10 | Greenland | 36% | 2023 |
| 11 | Benin | 35.83% | 2025 |
| 12 | Palau | 34.97% | 2024 |
| 13 | India | 34.6% | 2025 |
| 14 | Kosovo | 34.6% | 2025 |
| 15 | Rwanda | 34.13% | 2025 |
| 16 | Panama | 33.53% | 2024 |
| 17 | Uzbekistan | 33.28% | 2025 |
| 18 | Tajikistan | 32.43% | 2024 |
| 19 | Morocco | 31.87% | 2025 |
| 20 | North Macedonia | 31.72% | 2025 |
| 21 | Türkiye | 31.67% | 2025 |
| 22 | Congo, Dem. Rep. | 31.65% | 2025 |
| 23 | Saudi Arabia | 31.63% | 2025 |
| 24 | Cambodia | 31.52% | 2025 |
| 25 | Mongolia | 31.41% | 2025 |
| 26 | Lesotho | 31.23% | 2025 |
| 27 | Viet Nam | 30.8% | 2025 |
| 28 | Maldives | 30.79% | 2024 |
| 29 | Qatar | 30.64% | 2022 |
| 30 | Indonesia | 30.62% | 2025 |
| 31 | Timor-Leste | 30.11% | 2024 |
| 32 | Samoa | 30.04% | 2025 |
| 33 | Kiribati | 29.91% | 2024 |
| 34 | Sri Lanka | 29.65% | 2025 |
| 35 | Switzerland | 29.49% | 2025 |
| 36 | Nepal | 29.4% | 2025 |
| 37 | Congo, Rep. | 29.39% | 2025 |
| 38 | Botswana | 29.16% | 2025 |
| 39 | Korea, Rep. | 29.13% | 2025 |
| 40 | Lao PDR | 29.01% | 2016 |
| 41 | Bosnia and Herzegovina | 28.74% | 2025 |
| 42 | Bangladesh | 28.54% | 2025 |
| 43 | Bahrain | 28.36% | 2024 |
| 44 | Faroe Islands | 28.17% | 2024 |
| 45 | Somalia, Fed. Rep. | 28.11% | 2025 |
| 46 | Kyrgyz Republic | 27.97% | 2025 |
| 47 | Japan | 27.68% | 2024 |
| 48 | Kazakhstan | 27.21% | 2024 |
| 49 | Brunei Darussalam | 27.13% | 2025 |
| 50 | Belarus | 27.12% | 2025 |
| 51 | Montenegro | 26.93% | 2025 |
| 52 | Senegal | 26.88% | 2025 |
| 53 | Bahamas, The | 26.81% | 2024 |
| 54 | Czechia | 26.76% | 2025 |
| 55 | United Arab Emirates | 26.64% | 2023 |
| 56 | Iceland | 26.57% | 2025 |
| 57 | Tonga | 26.39% | 2024 |
| 58 | El Salvador | 26.33% | 2025 |
| 59 | Vanuatu | 26.09% | 2024 |
| 60 | Romania | 25.9% | 2025 |
| 61 | Russian Federation | 25.89% | 2025 |
| 62 | Guinea-Bissau | 25.81% | 2025 |
| 63 | Nicaragua | 25.76% | 2025 |
| 64 | Belgium | 25.75% | 2025 |
| 65 | Aruba | 25.75% | 2024 |
| 66 | West Bank and Gaza | 25.59% | 2025 |
| 67 | Sweden | 25.47% | 2025 |
| 68 | Paraguay | 25.29% | 2025 |
| 69 | Albania | 24.95% | 2024 |
| 70 | Estonia | 24.85% | 2025 |
| 71 | Oman | 24.85% | 2024 |
| 72 | Gabon | 24.83% | 2025 |
| 73 | Dominican Republic | 24.7% | 2025 |
| 74 | Croatia | 24.59% | 2025 |
| 75 | Australia | 24.46% | 2025 |
| 76 | Israel | 24.35% | 2025 |
| 77 | Cuba | 24.21% | 2024 |
| 78 | Armenia | 24.21% | 2025 |
| 79 | Mozambique | 24.2% | 2025 |
| 80 | Moldova | 24.19% | 2025 |
| 81 | Honduras | 24.16% | 2025 |
| 82 | Madagascar | 24.15% | 2025 |
| 83 | Chile | 24.06% | 2025 |
| 84 | Latvia | 24.06% | 2025 |
| 85 | Zambia | 23.79% | 2024 |
| 86 | Austria | 23.66% | 2025 |
| 87 | Serbia | 23.38% | 2025 |
| 88 | Norway | 23.21% | 2025 |
| 89 | Sierra Leone | 23.2% | 2025 |
| 90 | Canada | 23.15% | 2025 |
| 91 | New Zealand | 23.09% | 2024 |
| 92 | Ireland | 22.93% | 2025 |
| 93 | Uganda | 22.65% | 2025 |
| 94 | Mexico | 22.61% | 2025 |
| 95 | Singapore | 22.49% | 2025 |
| 96 | Togo | 22.39% | 2023 |
| 97 | Italy | 22.25% | 2025 |
| 98 | Lithuania | 22.24% | 2025 |
| 99 | Hungary | 22.15% | 2025 |
| 100 | Philippines | 22.14% | 2025 |
| 101 | Denmark | 22.12% | 2025 |
| 102 | New Caledonia | 22.12% | 2024 |
| 103 | Thailand | 22.07% | 2025 |
| 104 | Slovenia | 22.03% | 2025 |
| 105 | Niger | 21.98% | 2025 |
| 106 | France | 21.94% | 2025 |
| 107 | Germany | 21.93% | 2025 |
| 108 | French Polynesia | 21.91% | 2024 |
| 109 | Finland | 21.9% | 2025 |
| 110 | Bulgaria | 21.72% | 2025 |
| 111 | United States | 21.53% | 2024 |
| 112 | Spain | 21.41% | 2025 |
| 113 | Georgia | 21.28% | 2025 |
| 114 | Marshall Islands | 21.12% | 2024 |
| 115 | Portugal | 21.04% | 2025 |
| 116 | Ecuador | 20.94% | 2025 |
| 117 | Fiji | 20.87% | 2024 |
| 118 | Ukraine | 20.78% | 2025 |
| 119 | Malaysia | 20.46% | 2025 |
| 120 | Chad | 20.36% | 2025 |
| 121 | Peru | 20.34% | 2025 |
| 122 | Ethiopia | 20.12% | 2025 |
| 123 | Slovak Republic | 20.08% | 2025 |
| 124 | Mali | 20.02% | 2025 |
| 125 | Mauritius | 19.9% | 2025 |
| 126 | Netherlands | 19.82% | 2025 |
| 127 | Belize | 19.79% | 2024 |
| 128 | United Kingdom | 19.69% | 2025 |
| 129 | Solomon Islands | 19.46% | 2024 |
| 130 | Cameroon | 19.34% | 2025 |
| 131 | Côte d'Ivoire | 19.3% | 2025 |
| 132 | Cyprus | 19.26% | 2025 |
| 133 | Iraq | 19.14% | 2024 |
| 134 | Trinidad and Tobago | 18.99% | 2023 |
| 135 | Azerbaijan | 18.89% | 2025 |
| 136 | Seychelles | 18.71% | 2025 |
| 137 | Malta | 18.71% | 2025 |
| 138 | Namibia | 18.68% | 2025 |
| 139 | Hong Kong SAR, China | 18.35% | 2025 |
| 140 | Bolivia | 17.95% | 2024 |
| 141 | Poland | 17.89% | 2025 |
| 142 | Cabo Verde | 17.41% | 2025 |
| 143 | Greece | 17.24% | 2025 |
| 144 | Burkina Faso | 17.22% | 2025 |
| 145 | Brazil | 17.08% | 2025 |
| 146 | Kenya | 16.96% | 2025 |
| 147 | Guatemala | 16.77% | 2025 |
| 148 | Colombia | 16.72% | 2025 |
| 149 | Uruguay | 16.18% | 2025 |
| 150 | Argentina | 16.11% | 2025 |
| 151 | Costa Rica | 15.78% | 2025 |
| 152 | Luxembourg | 15.5% | 2025 |
| 153 | Tunisia | 15.23% | 2025 |
| 154 | Kuwait | 15.1% | 2024 |
| 155 | Eswatini | 14.97% | 2024 |
| 156 | Pakistan | 14.28% | 2025 |
| 157 | Libya | 14.27% | 2025 |
| 158 | Puerto Rico (US) | 14.23% | 2025 |
| 159 | South Africa | 13.87% | 2025 |
| 160 | Egypt, Arab Rep. | 12.89% | 2025 |
| 161 | Macao SAR, China | 12.25% | 2025 |
| 162 | Haiti | 12.06% | 2025 |
| 163 | Comoros | 11.85% | 2025 |
| 164 | Bermuda | 11.04% | 2024 |
| 165 | Angola | 10.64% | 2024 |
| 166 | Ghana | 9.9% | 2024 |
| 167 | Central African Republic | 9.3% | 2025 |
| 168 | Zimbabwe | 8.85% | 2024 |
| 169 | São Tomé and Principe | 8.74% | 2025 |
| 170 | Yemen, Rep. | 6.18% | 2018 |
| 171 | Venezuela, RB | 5.93% | 2025 |
| 172 | Djibouti | 1.55% | 2025 |
| 173 | Lebanon | 1.44% | 2024 |
| 174 | Sudan | 0.73% | 2025 |
| 175 | Equatorial Guinea | -3.68% | 2025 |
Regions and income groups
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- Imports of goods and services (current US$, BoP)
- Insurance and financial services (% of service imports, BoP)
- Goods imports (current US$, BoP)
- Service imports (current US$, BoP)
- Charges for the use of intellectual property, payments (BoP, current US$)
- Imports of goods, services and primary income (current US$, BoP)
- Transport services (% of service imports, BoP)
- Travel services (% of service imports, BoP)
- Foreign direct investment, net outflows (BoP, current US$)
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Source
World Bank, World Development Indicators, NE.GDI.TOTL.ZS, 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) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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