Lower middle income - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Lower middle income was 25.98 as of 2020. Its highest value over the past 53 years was 52.08 in 1977, while its lowest value was 23.68 in 2000.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 30.87
1968 30.57
1969 31.07
1970 31.37
1971 33.66
1972 35.47
1973 35.50
1974 34.65
1975 43.36
1976 49.86
1977 52.08
1978 51.75
1979 44.91
1980 44.13
1981 39.03
1982 36.40
1983 33.77
1984 30.22
1985 27.77
1986 27.78
1987 25.67
1988 24.48
1989 25.57
1990 26.99
1991 25.43
1992 25.66
1993 23.90
1994 24.10
1995 24.46
1996 24.79
1997 25.03
1998 24.81
1999 24.65
2000 23.68
2001 25.20
2002 24.30
2003 24.51
2004 25.70
2005 26.31
2006 26.76
2007 28.11
2008 28.12
2009 28.67
2010 27.62
2011 27.41
2012 27.15
2013 26.05
2014 26.03
2015 25.76
2016 25.74
2017 25.94
2018 26.96
2019 27.25
2020 25.98

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts