GM ECONOMY · INDICATOR PROFILE
Gross Capital Formation
Gross capital formation as a percentage of GDP.
Country coverage103 / 11490% of active countries
Time coverage1960–20254899 observations
Common ranking year202494 countries · 91%
Data qualityGood55 median observations / country
Minimum · 20241.44%
Median · 202423.20%
Maximum · 202444.35%
Data quality
Recency and time-series depthGood93latest within 1 year of the series maximum and at least 10 observations
Adequate3latest within 3 years and at least 5 observations
Limited7older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 2024
94 comparable countries| Rank | Country | 2024 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Iran | 44.35% | 2025 | 41.77% | 66 | 1960–2025 |
| 2 | Bhutan | 42.60% | 2024 | 42.60% | 45 | 1980–2024 |
| 3 | Algeria | 41.10% | 2025 | 45.27% | 66 | 1960–2025 |
| 4 | China | 40.61% | 2024 | 40.61% | 65 | 1960–2024 |
| 5 | Uzbekistan | 39.05% | 2025 | 33.28% | 34 | 1992–2025 |
| 6 | Mongolia | 35.55% | 2025 | 31.41% | 45 | 1981–2025 |
| 7 | Palau | 34.97% | 2024 | 34.97% | 20 | 2005–2024 |
| 8 | India | 32.91% | 2024 | 32.91% | 65 | 1960–2024 |
| 9 | Tajikistan | 32.43% | 2024 | 32.43% | 32 | 1993–2024 |
| 10 | Cambodia | 32.19% | 2025 | 31.52% | 33 | 1993–2025 |
| 11 | Saudi Arabia | 31.68% | 2025 | 31.63% | 58 | 1968–2025 |
| 12 | Indonesia | 31.40% | 2024 | 31.40% | 65 | 1960–2024 |
| 13 | Maldives | 30.79% | 2024 | 30.79% | 11 | 2014–2024 |
| 14 | Turkey | 30.73% | 2024 | 30.73% | 65 | 1960–2024 |
| 15 | Bangladesh | 30.70% | 2025 | 28.54% | 66 | 1960–2025 |
| 16 | Vietnam | 30.58% | 2025 | 30.80% | 31 | 1995–2025 |
| 17 | Morocco | 30.07% | 2025 | 31.87% | 66 | 1960–2025 |
| 18 | South Korea | 29.97% | 2024 | 29.97% | 65 | 1960–2024 |
| 19 | Kiribati | 29.91% | 2024 | 29.91% | 19 | 2006–2024 |
| 20 | Samoa | 29.02% | 2025 | 30.04% | 17 | 2009–2025 |
| 21 | Nepal | 28.60% | 2025 | 29.40% | 61 | 1965–2025 |
| 22 | Bahrain | 28.36% | 2024 | 28.36% | 45 | 1980–2024 |
| 23 | Brunei | 27.90% | 2025 | 27.13% | 37 | 1989–2025 |
| 24 | Kazakhstan | 27.21% | 2024 | 27.21% | 33 | 1992–2024 |
| 25 | Switzerland | 26.99% | 2024 | 26.99% | 55 | 1970–2024 |
| 26 | Sri Lanka | 26.35% | 2025 | 29.65% | 61 | 1960–2025 |
| 27 | Czech Republic | 26.32% | 2025 | 26.76% | 36 | 1990–2025 |
| 28 | Russia | 26.30% | 2024 | 26.30% | 37 | 1988–2024 |
| 29 | Iceland | 26.24% | 2025 | 26.57% | 56 | 1970–2025 |
| 30 | Japan | 26.18% | 2024 | 26.18% | 55 | 1970–2024 |
| 31 | Sweden | 25.36% | 2024 | 25.36% | 65 | 1960–2024 |
| 32 | Serbia | 25.03% | 2025 | 23.38% | 31 | 1995–2025 |
| 33 | Romania | 25.00% | 2024 | 25.00% | 35 | 1990–2024 |
| 34 | Oman | 24.85% | 2024 | 24.85% | 58 | 1967–2024 |
| 35 | Estonia | 24.55% | 2025 | 24.85% | 33 | 1993–2025 |
| 36 | Belgium | 24.50% | 2024 | 24.50% | 55 | 1970–2024 |
| 37 | Australia | 24.32% | 2024 | 24.32% | 65 | 1960–2024 |
| 38 | Croatia | 24.32% | 2025 | 24.59% | 31 | 1995–2025 |
| 39 | Norway | 24.14% | 2024 | 24.14% | 55 | 1970–2024 |
| 40 | Mexico | 23.90% | 2025 | 22.61% | 66 | 1960–2025 |
| 41 | Armenia | 23.83% | 2025 | 24.21% | 36 | 1990–2025 |
| 42 | Philippines | 23.68% | 2025 | 22.14% | 45 | 1981–2025 |
| 43 | West Bank and Gaza | 23.64% | 2025 | 25.59% | 32 | 1994–2025 |
| 44 | Austria | 23.58% | 2024 | 23.58% | 55 | 1970–2024 |
| 45 | Hungary | 23.46% | 2024 | 23.46% | 34 | 1991–2024 |
| 46 | Israel | 23.43% | 2024 | 23.43% | 55 | 1970–2024 |
| 47 | Denmark | 23.21% | 2024 | 23.21% | 59 | 1966–2024 |
| 48 | Canada | 23.20% | 2024 | 23.20% | 64 | 1961–2024 |
| 49 | Chile | 23.12% | 2025 | 24.06% | 66 | 1960–2025 |
| 50 | New Zealand | 23.09% | 2024 | 23.09% | 55 | 1970–2024 |
| 51 | Italy | 22.58% | 2024 | 22.58% | 55 | 1970–2024 |
| 52 | Finland | 22.28% | 2024 | 22.28% | 55 | 1970–2024 |
| 53 | Singapore | 22.20% | 2024 | 22.20% | 65 | 1960–2024 |
| 54 | Malaysia | 21.95% | 2025 | 20.46% | 66 | 1960–2025 |
| 55 | United States | 21.84% | 2024 | 21.84% | 55 | 1970–2024 |
| 56 | Slovenia | 21.53% | 2025 | 22.03% | 36 | 1990–2025 |
| 57 | France | 21.51% | 2024 | 21.51% | 65 | 1960–2024 |
| 58 | Germany | 21.50% | 2024 | 21.50% | 55 | 1970–2024 |
| 59 | Latvia | 21.46% | 2025 | 24.06% | 31 | 1995–2025 |
| 60 | Thailand | 21.45% | 2025 | 22.07% | 66 | 1960–2025 |
| 61 | Spain | 21.17% | 2024 | 21.17% | 55 | 1970–2024 |
| 62 | Marshall Islands | 21.12% | 2024 | 21.12% | 21 | 2004–2024 |
| 63 | Fiji | 20.87% | 2024 | 20.87% | 45 | 1980–2024 |
| 64 | Azerbaijan | 20.70% | 2025 | 18.89% | 36 | 1990–2025 |
| 65 | Cyprus | 20.68% | 2025 | 19.26% | 51 | 1975–2025 |
| 66 | Lithuania | 20.66% | 2025 | 22.24% | 31 | 1995–2025 |
| 67 | Ethiopia | 20.58% | 2025 | 20.12% | 45 | 1981–2025 |
| 68 | Bulgaria | 20.43% | 2025 | 21.72% | 46 | 1980–2025 |
| 69 | Portugal | 20.37% | 2024 | 20.37% | 55 | 1970–2024 |
| 70 | Slovakia | 20.13% | 2025 | 20.08% | 36 | 1990–2025 |
| 71 | Peru | 19.73% | 2025 | 20.34% | 66 | 1960–2025 |
| 72 | Netherlands | 19.67% | 2024 | 19.67% | 56 | 1969–2024 |
| 73 | Solomon Islands | 19.46% | 2024 | 19.46% | 45 | 1980–2024 |
| 74 | Iraq | 19.14% | 2024 | 19.14% | 55 | 1970–2024 |
| 75 | United Kingdom | 19.12% | 2024 | 19.12% | 55 | 1970–2024 |
| 76 | Ukraine | 18.64% | 2024 | 18.64% | 34 | 1991–2024 |
| 77 | Greece | 18.29% | 2025 | 17.24% | 66 | 1960–2025 |
| 78 | Ireland | 18.25% | 2024 | 18.25% | 55 | 1970–2024 |
| 79 | Poland | 17.80% | 2024 | 17.80% | 30 | 1995–2024 |
| 80 | Afghanistan | 17.09% | 2024 | 17.09% | 5 | 2020–2024 |
| 81 | Brazil | 16.98% | 2024 | 16.98% | 65 | 1960–2024 |
| 82 | Colombia | 16.82% | 2024 | 16.82% | 65 | 1960–2024 |
| 83 | Kenya | 16.48% | 2025 | 16.96% | 62 | 1964–2025 |
| 84 | Hong Kong | 16.06% | 2025 | 18.35% | 66 | 1960–2025 |
| 85 | Luxembourg | 15.84% | 2024 | 15.84% | 55 | 1970–2024 |
| 86 | Argentina | 15.84% | 2025 | 16.11% | 66 | 1960–2025 |
| 87 | Kuwait | 15.10% | 2024 | 15.10% | 60 | 1965–2024 |
| 88 | Macao | 14.08% | 2025 | 12.25% | 44 | 1982–2025 |
| 89 | South Africa | 14.07% | 2024 | 14.07% | 65 | 1960–2024 |
| 90 | Pakistan | 13.20% | 2025 | 14.28% | 66 | 1960–2025 |
| 91 | Egypt | 13.00% | 2024 | 13.00% | 65 | 1960–2024 |
| 92 | Ghana | 9.90% | 2024 | 9.90% | 57 | 1960–2024 |
| 93 | Tunisia | 7.86% | 2025 | 15.23% | 61 | 1965–2025 |
| 94 | Lebanon | 1.44% | 2024 | 1.44% | 35 | 1990–2024 |
Related financial terms
Gerhard Merk Financial DictionaryLinks connect the economic dataset with related definitions in the Gerhard Merk financial terminology collection.
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.