Capital Formation (% of GDP)

Global Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Macedonia	40.96	3-2022	1	2792.03
2 ↑	South Korea	33.97	6-2023	9	30.37
3 ↑	Nigeria	33.78	12-2022	4	34.34
4 ↑	Dominican Republic	32.89	6-2023	5	32.47
5 ↑	Algeria	32.56	12-2022	18	27.71
6	Turkey	32.54	6-2023	6	32.26
7 ↑	Uzbekistan	32.09	6-2023	10	30.04
8 ↓	Senegal	30.38	6-2023	2	35.49
9 ↓	India	29.27	6-2023	7	31.72
10 ↑	Saudi Arabia	28.75	6-2023	13	29.3
11 ↑	Indonesia	27.9	6-2023	14	29.11
12 ↑	Sweden	27.82	6-2023	20	26.55
13 ↑	Romania	27.13	6-2023	66	19.98
14 ↑	Rwanda	27.08	6-2023	21	26.53
15 ↑	Philippines	27.06	6-2023	37	22.87
16	Iran	26.81	9-2020	16	28.2
17 ↑	Mongolia	26.65	6-2023	60	20.6
18 ↑	Switzerland	26.26	6-2023	22	25.73
19 ↑	Hungary	26.09	6-2023	36	22.92
20 ↓	New Zealand	25.93	6-2023	19	26.87
21 ↑	Czech Republic	25.92	6-2023	29	23.97
22 ↓	Taiwan	25.86	6-2023	17	28.19
23 ↑	Australia	25.77	6-2023	50	21.37
24 ↑	Austria	25.29	6-2023	27	24.29
25 ↑	Belgium	25.21	6-2023	32	23.84
26	Israel	24.5	6-2023	26	24.32
27 ↓	France	24.35	9-2023	23	24.87
28 ↓	Qatar	24.34	12-2022	12	29.94
29 ↑	Norway	24.31	6-2023	58	20.73
30 ↑	Bosnia and Herzegovina	24.24	6-2023	49	21.44
31 ↓	Japan	23.98	6-2023	15	29.07
32 ↑	Canada	23.82	6-2023	45	21.7
33 ↓	Georgia	23.59	6-2023	24	24.85
34 ↑	Finland	23.32	6-2023	43	21.94
35 ↓	Botswana	23.23	6-2023	28	24.13
36 ↑	Germany	22.97	6-2023	43	21.94
37 ↓	Thailand	22.9	6-2023	30	23.94
38 ↑	Lithuania	22.66	6-2023	47	21.46
39 ↑	Estonia	22.6	6-2023	59	20.64
40 ↓	Chile	22.55	6-2023	39	22.63
41 ↑	Albania	22.49	6-2023	50	21.37
42 ↑	Latvia	22.27	6-2023	65	20.03
43 ↓	Bahamas	22.22	12-2022	31	23.86
44 ↑	Mexico	22.19	3-2023	55	21.12
45 ↑	Peru	22.16	6-2023	54	21.16
46 ↓	Slovenia	22.06	6-2023	38	22.83
47 ↑	Denmark	22.03	6-2023	52	21.36
48 ↓	Kazakhstan	22	3-2023	33	23.74
49 ↑	Iceland	21.91	6-2023	57	20.75
50 ↓	Netherlands	21.87	6-2023	42	22.23
51 ↓	Italy	21.69	6-2023	40	22.48
52 ↑	Nicaragua	21.68	6-2023	62	20.35
53 ↓	Brunei	21.58	3-2023	25	24.76
54 ↑	Ecuador	21.21	6-2023	63	20.23
55 ↓	Singapore	20.99	6-2023	46	21.57
56 ↓	Croatia	20.98	6-2023	35	22.98
57 ↑	Belarus	20.87	6-2023	75	18.39
57 ↑	Ireland	20.87	6-2023	61	20.48
59 ↑	Russia	20.85	6-2023	86	15.28
60 ↓	Seychelles	20.82	6-2023	3	35.21
61 ↓	Serbia	20.63	6-2023	47	21.46
62 ↑	Malaysia	20.33	6-2023	70	19.43
63 ↓	Mauritius	20.29	6-2023	52	21.36
64 ↓	Montenegro	20.21	6-2023	34	23.45
65 ↓	Moldova	20.18	6-2023	56	20.76
66 ↑	Malta	19.5	6-2023	71	19.07
67	Paraguay	19.48	3-2023	67	19.77
68	Portugal	19.39	6-2023	68	19.61
69 ↑	Slovakia	19.22	6-2023	73	18.68
70 ↓	Spain	19.09	9-2023	69	19.53
71 ↑	Argentina	18.8	6-2023	72	18.91
72 ↑	Cameroon	18.76	12-2022	74	18.41
73 ↑	United Kingdom	18.5	6-2023	76	18.3
74 ↓	Cyprus	18.45	6-2023	8	31.54
75 ↑	Costa Rica	18.18	6-2023	79	17.5
76 ↑	Luxembourg	18	6-2023	80	17.4
77 ↑	Sri Lanka	17.96	3-2023	96
78 ↑	Bulgaria	17.64	6-2023	91	13.69
79 ↑	Armenia	17.55	6-2023	89	14.55
80 ↑	United States	17.36	9-2023	81	17.22
81 ↓	Brazil	17.24	6-2023	78	17.66
82 ↑	Hong Kong	17.13	6-2023	84	15.5
83 ↓	Cape Verde	16.88	6-2023	77	17.93
84 ↑	Uruguay	16.81	6-2023	85	15.33
85 ↓	Macao	16.57	6-2023	83	16.53
86 ↑	Poland	16.18	6-2023	93	12.67
87 ↓	Guatemala	15.44	3-2023	82	16.99
88 ↓	South Africa	15.07	6-2023	87	15.27
89 ↓	Ukraine	14.81	12-2022	88	14.84
90 ↓	Colombia	13.98	6-2023	41	22.24
91 ↓	Bolivia	13.97	3-2023	64	20.11
92 ↓	Greece	13.88	6-2023	90	13.8
93 ↑	Ghana	13.06	3-2023	96
94	Egypt	12.57	3-2023	94	12.57
95 ↓	Kyrgyzstan	12.46	3-2023	11	29.98
96 ↓	Azerbaijan	12.01	6-2023	95	10.93
97 ↓	Bermuda	10.59	3-2023	91	13.69

Definition of Capital Formation (% of GDP)

Gross fixed capital formation including land improvements; 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 as percent of GDP