Capital Formation (Local Currency)
Global Ranking
billion currency unitsSource: IMF
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Iran | 3094524.51 | 9-2020 | 1 | 2318806.05 |
| 2 | Indonesia | 1458108.72 | 6-2023 | 2 | 1476500.27 |
| 3 | South Korea | 187391.4 | 6-2023 | 3 | 159071.3 |
| 4 ↑ | Uzbekistan | 87012.7 | 6-2023 | 5 | 59617.4 |
| 5 ↓ | Colombia | 52783.33 | 6-2023 | 4 | 85483.23 |
| 6 | Japan | 34854.7 | 6-2023 | 6 | 41317.3 |
| 7 | India | 20683.28 | 6-2023 | 7 | 22783.07 |
| 8 | Nigeria | 19519.76 | 12-2022 | 8 | 17205.51 |
| 9 ↑ | Paraguay | 15507.42 | 3-2023 | 10 | 15408.17 |
| 10 ↓ | Chile | 15381.91 | 6-2023 | 9 | 15870.49 |
| 11 ↑ | Russia | 8211.4 | 6-2023 | 13 | 5500.4 |
| 12 | Argentina | 7482.51 | 6-2023 | 12 | 5574.35 |
| 13 ↓ | Kazakhstan | 5168.83 | 3-2023 | 11 | 8553.42 |
| 14 | Hungary | 4832.23 | 6-2023 | 14 | 3546.25 |
| 15 | Mongolia | 4425.75 | 6-2023 | 15 | 2814.94 |
| 16 ↑ | Algeria | 2321.4 | 12-2022 | 17 | 1970.4 |
| 17 ↓ | Costa Rica | 2019.31 | 6-2023 | 16 | 2057.2 |
| 18 ↑ | Turkey | 1790.17 | 6-2023 | 21 | 1494.03 |
| 19 ↓ | Mexico | 1626.6 | 3-2023 | 18 | 1566.5 |
| 20 ↑ | Philippines | 1592.43 | 6-2023 | 23 | 1281.04 |
| 21 ↓ | Taiwan | 1466.48 | 6-2023 | 19 | 1552.44 |
| 22 ↓ | Senegal | 1421.23 | 6-2023 | 20 | 1544.75 |
| 23 ↓ | Cameroon | 1377 | 12-2022 | 22 | 1294.7 |
| 24 ↑ | Sri Lanka | 1315.92 | 3-2023 | 96 | |
| 25 ↓ | United States | 1198.55 | 9-2023 | 24 | 1155.2 |
| 26 | Rwanda | 1075 | 6-2023 | 26 | 1035 |
| 27 ↓ | Thailand | 991.55 | 6-2023 | 25 | 1084.8 |
| 28 ↓ | Dominican Republic | 532.52 | 6-2023 | 27 | 516.52 |
| 29 | Czech Republic | 479.78 | 6-2023 | 29 | 413.97 |
| 30 ↓ | Brazil | 457.04 | 6-2023 | 28 | 451.6 |
| 31 ↓ | Sweden | 441.68 | 6-2023 | 30 | 402.79 |
| 32 ↓ | Serbia | 406.83 | 6-2023 | 31 | 376.79 |
| 33 ↑ | Armenia | 375.35 | 6-2023 | 35 | 260.15 |
| 34 ↓ | Egypt | 329.2 | 3-2023 | 32 | 316.6 |
| 35 ↓ | Norway | 289.26 | 6-2023 | 34 | 266.12 |
| 36 ↓ | Saudi Arabia | 278.9 | 6-2023 | 33 | 294.36 |
| 37 | South Africa | 260.44 | 6-2023 | 37 | 251.17 |
| 38 ↓ | Ukraine | 240.76 | 12-2022 | 36 | 256.76 |
| 39 ↓ | Germany | 232.47 | 6-2023 | 38 | 218.91 |
| 40 ↓ | Iceland | 227.44 | 6-2023 | 39 | 204.12 |
| 41 ↓ | France | 168.18 | 9-2023 | 40 | 173.74 |
| 42 ↑ | Australia | 165.37 | 6-2023 | 43 | 132.28 |
| 43 ↓ | Canada | 165.31 | 6-2023 | 41 | 145.05 |
| 44 ↓ | Denmark | 154.52 | 6-2023 | 42 | 144.31 |
| 45 ↑ | Albania | 136.42 | 6-2023 | 47 | 110.56 |
| 46 ↑ | Poland | 130.54 | 6-2023 | 50 | 101.42 |
| 47 ↓ | Uruguay | 126.4 | 6-2023 | 45 | 115.24 |
| 48 ↓ | United Kingdom | 123.54 | 6-2023 | 44 | 117.58 |
| 49 ↓ | Hong Kong | 121.11 | 6-2023 | 46 | 111.08 |
| 50 ↓ | Israel | 113.84 | 6-2023 | 48 | 109.92 |
| 51 ↓ | Italy | 107.07 | 6-2023 | 49 | 108.16 |
| 52 ↑ | Romania | 100.77 | 6-2023 | 56 | 62.35 |
| 53 | Malaysia | 89.27 | 6-2023 | 53 | 86.26 |
| 54 ↓ | Macedonia | 74.08 | 3-2022 | 51 | 94.04 |
| 55 ↓ | Spain | 68.68 | 9-2023 | 54 | 70.09 |
| 56 ↑ | Netherlands | 57.28 | 6-2023 | 57 | 54.28 |
| 57 ↑ | Peru | 54.88 | 6-2023 | 59 | 48.7 |
| 58 ↓ | Qatar | 53.66 | 12-2022 | 55 | 68.4 |
| 59 ↓ | Switzerland | 52.21 | 6-2023 | 58 | 50.06 |
| 60 ↑ | Belgium | 36.43 | 6-2023 | 61 | 33.43 |
| 61 ↓ | Singapore | 34.21 | 6-2023 | 60 | 34.1 |
| 62 ↑ | Nicaragua | 33.28 | 6-2023 | 64 | 30.53 |
| 63 ↓ | Guatemala | 30.73 | 3-2023 | 62 | 33.13 |
| 64 ↓ | Mauritius | 30.43 | 6-2023 | 63 | 31.27 |
| 65 | Austria | 30.24 | 6-2023 | 65 | 27.79 |
| 66 | New Zealand | 26.5 | 6-2023 | 66 | 26.44 |
| 67 ↑ | Ghana | 26.46 | 3-2023 | 96 | |
| 68 ↓ | Ireland | 26.21 | 6-2023 | 67 | 25.29 |
| 69 ↓ | Kyrgyzstan | 24.79 | 3-2023 | 52 | 89.01 |
| 70 | Finland | 16.43 | 6-2023 | 70 | 14.54 |
| 71 ↓ | Botswana | 16.33 | 6-2023 | 69 | 16.14 |
| 72 ↓ | Moldova | 14.17 | 6-2023 | 71 | 13.22 |
| 73 ↓ | Macao | 13.88 | 6-2023 | 72 | 12.36 |
| 74 ↓ | Portugal | 12.65 | 6-2023 | 73 | 12.17 |
| 75 ↓ | Bolivia | 11.01 | 3-2023 | 68 | 16.62 |
| 76 ↓ | Belarus | 10.66 | 6-2023 | 75 | 8.62 |
| 77 ↓ | Cape Verde | 10.5 | 6-2023 | 74 | 11.25 |
| 78 ↓ | Greece | 7.66 | 6-2023 | 76 | 6.89 |
| 79 ↓ | Bulgaria | 7.46 | 6-2023 | 78 | 5.47 |
| 80 ↓ | Ecuador | 6.3 | 6-2023 | 77 | 5.85 |
| 81 ↓ | Slovakia | 5.83 | 6-2023 | 79 | 5.18 |
| 82 ↓ | Georgia | 4.55 | 6-2023 | 80 | 4.09 |
| 83 ↓ | Lithuania | 4.01 | 6-2023 | 82 | 3.44 |
| 84 ↓ | Croatia | 3.94 | 6-2023 | 81 | 3.84 |
| 85 ↓ | Slovenia | 3.69 | 6-2023 | 82 | 3.44 |
| 86 ↓ | Azerbaijan | 3.61 | 6-2023 | 85 | 3.32 |
| 86 ↓ | Luxembourg | 3.61 | 6-2023 | 82 | 3.44 |
| 88 ↓ | Bosnia and Herzegovina | 2.93 | 6-2023 | 86 | 2.46 |
| 89 | Latvia | 2.27 | 6-2023 | 89 | 1.83 |
| 90 | Estonia | 2.13 | 6-2023 | 90 | 1.8 |
| 91 ↓ | Seychelles | 1.44 | 6-2023 | 87 | 2.27 |
| 92 ↓ | Cyprus | 1.3 | 6-2023 | 88 | 2.14 |
| 93 ↓ | Brunei | 1.07 | 3-2023 | 91 | 1.42 |
| 94 ↓ | Malta | 0.92 | 6-2023 | 92 | 0.82 |
| 95 ↓ | Bahamas | 0.73 | 12-2022 | 93 | 0.7 |
| 96 ↓ | Montenegro | 0.34 | 6-2023 | 94 | 0.29 |
| 97 ↓ | Bermuda | 0.23 | 3-2023 | 95 | 0.24 |
Definition of Capital Formation (Local Currency)
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.
