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 ↑	Senegal	35.49	3-2023	13	28.41
3 ↑	Seychelles	35.21	3-2023	92	12.7
4 ↑	South Korea	33.97	6-2023	7	30.37
5 ↓	Nigeria	33.78	12-2022	3	34.34
6 ↑	Algeria	32.56	12-2022	16	27.71
7 ↓	Turkey	32.54	6-2023	4	32.26
8 ↓	Dominican Republic	32.47	3-2023	2	34.6
9 ↑	Kyrgyzstan	29.98	12-2022	61	20.47
10 ↓	India	29.27	6-2023	5	31.72
11 ↓	Saudi Arabia	28.75	6-2023	10	29.3
12 ↓	Indonesia	27.9	6-2023	11	29.11
13 ↑	Sweden	27.82	6-2023	19	26.55
14 ↑	Romania	27.13	6-2023	65	19.98
15 ↑	Philippines	27.06	6-2023	36	22.87
16 ↓	Iran	26.81	9-2020	14	28.2
17 ↑	Mongolia	26.65	6-2023	59	20.6
18 ↑	Rwanda	26.53	3-2023	22	25.59
19 ↑	Switzerland	26.26	6-2023	21	25.73
20 ↑	Hungary	26.09	6-2023	35	22.92
21 ↓	New Zealand	25.93	6-2023	17	26.87
22 ↑	Czech Republic	25.92	6-2023	28	23.97
23 ↓	Taiwan	25.86	6-2023	15	28.19
24 ↑	Australia	25.77	6-2023	50	21.37
25 ↑	Austria	25.29	6-2023	26	24.29
26 ↑	Belgium	25.21	6-2023	31	23.84
27 ↓	France	24.87	6-2023	24	24.64
28 ↑	Georgia	24.85	3-2023	71	19.03
29 ↓	Israel	24.5	6-2023	25	24.32
30 ↓	Qatar	24.34	12-2022	9	29.94
31 ↑	Norway	24.31	6-2023	57	20.73
32 ↓	Botswana	24.13	3-2023	27	24.16
33 ↓	Japan	23.98	6-2023	12	29.07
34 ↑	Canada	23.82	6-2023	46	21.7
35 ↑	Montenegro	23.45	3-2023	41	22.4
36 ↑	Finland	23.32	6-2023	44	21.94
37 ↑	Germany	22.97	6-2023	44	21.94
38 ↓	Thailand	22.9	6-2023	29	23.94
39 ↑	Lithuania	22.66	6-2023	48	21.46
40 ↑	Estonia	22.6	6-2023	58	20.64
41 ↓	Chile	22.55	6-2023	38	22.63
42 ↑	Latvia	22.27	6-2023	64	20.03
43 ↓	Bahamas	22.22	12-2022	30	23.86
44 ↑	Mexico	22.19	3-2023	53	21.12
45 ↑	Peru	22.16	6-2023	52	21.16
46 ↓	Slovenia	22.06	6-2023	37	22.83
47 ↑	Denmark	22.03	6-2023	51	21.36
48 ↓	Kazakhstan	22	3-2023	32	23.74
49 ↑	Iceland	21.91	6-2023	56	20.75
50 ↓	Netherlands	21.87	6-2023	43	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	23	24.76
54 ↓	Bosnia and Herzegovina	21.44	3-2023	33	23
55 ↓	Albania	21.37	3-2023	8	30.17
56 ↑	Mauritius	21.36	3-2023	76	18.25
57 ↓	Singapore	20.99	6-2023	47	21.57
58 ↓	Croatia	20.98	6-2023	34	22.98
59 ↑	Ireland	20.87	6-2023	60	20.48
60 ↓	Serbia	20.63	6-2023	48	21.46
61 ↑	Malaysia	20.33	6-2023	68	19.43
62 ↓	Ecuador	20.23	3-2023	54	20.78
63 ↓	Moldova	20.18	6-2023	55	20.76
64 ↑	Spain	19.53	6-2023	69	19.37
65 ↑	Malta	19.5	6-2023	70	19.07
66	Paraguay	19.48	3-2023	66	19.77
67	Portugal	19.39	6-2023	67	19.61
68 ↑	Slovakia	19.22	6-2023	73	18.68
69 ↑	Argentina	18.8	6-2023	72	18.91
70 ↑	Cameroon	18.76	12-2022	75	18.41
71 ↓	Cyprus	18.45	6-2023	6	31.54
72 ↓	Belarus	18.39	3-2023	39	22.62
73 ↑	United Kingdom	18.3	3-2023	77	17.8
74 ↑	Luxembourg	18	6-2023	80	17.4
75 ↑	Sri Lanka	17.96	3-2023	95
76 ↓	Cape Verde	17.93	3-2023	20	26.11
77 ↑	Bulgaria	17.64	6-2023	90	13.69
78 ↑	Armenia	17.55	6-2023	88	14.55
79 ↓	Costa Rica	17.5	3-2023	78	17.69
80 ↓	Brazil	17.24	6-2023	79	17.66
81	United States	17.22	6-2023	81	17.22
82 ↑	Hong Kong	17.13	6-2023	84	15.5
83 ↑	Uruguay	16.81	6-2023	85	15.33
84 ↓	Macao	16.57	6-2023	83	16.53
85 ↑	Poland	16.18	6-2023	93	12.67
86 ↓	Guatemala	15.44	3-2023	82	16.99
87 ↓	Russia	15.28	3-2023	18	26.56
88 ↓	South Africa	15.07	6-2023	86	15.27
89 ↓	Ukraine	14.81	12-2022	87	14.84
90 ↓	Colombia	13.98	6-2023	42	22.24
91 ↓	Bolivia	13.97	3-2023	63	20.11
92 ↓	Greece	13.88	6-2023	89	13.8
93 ↑	Ghana	13.06	3-2023	95
94	Egypt	12.57	12-2022	94	9.9
95 ↓	Azerbaijan	10.93	3-2023	74	18.49
96 ↓	Bermuda	10.59	3-2023	90	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