Investment by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
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.



Countries Latest value Reference Change three months Change twelve months
Albania 185.11 Q4 / 2023 40.18% 8.78%
Algeria 2905.68 Q4 / 2023 9.92% 14.87%
Argentina 13074.61 Q4 / 2023 30.96% 186.49%
Armenia 278.03 Q1 / 2024 -67.51% 6.87%
Australia 146.22 Q1 / 2024 -12.35% 6.79%
Austria 27.07 Q1 / 2024 -16.15% -1.33%
Azerbaijan 5.92 Q4 / 2023 9.36% 8.71%
Bahamas 0.73 Q4 / 2023 -7.02% -3.15%
Belarus 15.72 Q4 / 2023 28.68% 33.97%
Belgium 33.64 Q1 / 2024 -14.69% 1.97%
Bermuda 0.24 Q3 / 2023 -6.12% 0.84%
Bolivia 16.37 Q4 / 2023 21.58% 2.10%
Bosnia and Herzegovina 3.09 Q4 / 2023 -1.30% 8.05%
Botswana 17.24 Q4 / 2023 -3.18% 9.30%
Brazil 458.83 Q1 / 2024 0.38% 4.19%
Brunei 1.27 Q4 / 2023 -23.27% -10.64%
Bulgaria 6.13 Q1 / 2024 -42.56% 12.06%
Cameroon 1443.80 Q2 / 2023 13.64% 12.73%
Canada 152.34 Q1 / 2024 -7.50% 1.61%
Cape Verde 10.95 Q4 / 2023 -39.39% -15.98%
Chile 16908.81 Q1 / 2024 -5.02% 1.63%
Colombia 67943.02 Q1 / 2024 123.17% -18.51%
Costa Rica 1881.46 Q4 / 2023 -4.88% -7.70%
Croatia 4.33 Q1 / 2024 21.80% 13.60%
Cyprus 1.41 Q1 / 2024 6.64% -33.77%
Czechia 413.70 Q1 / 2024 -26.48% -1.03%
Denmark 143.03 Q1 / 2024 -9.07% -0.03%
Dominican Republic 631.34 Q4 / 2023 24.38% 6.69%
Ecuador 6.69 Q4 / 2023 15.58% -7.77%
Egypt 374.75 Q4 / 2023 28.25% 9.70%
Estonia 2.29 Q1 / 2024 -26.19% 14.02%
Euro area 763.66 Q1 / 2024 -9.57% 0.80%
Finland 12.84 Q1 / 2024 -21.20% -7.91%
France 157.63 Q1 / 2024 -9.68% -0.30%
Georgia 4.77 Q4 / 2023 -5.43% 18.74%
Germany 211.72 Q1 / 2024 -7.96% -0.36%
Ghana 24.36 Q3 / 2023 4.90% -8.87%
Greece 7.38 Q1 / 2024 -13.97% 5.94%
Guatemala 34.07 Q4 / 2023 -2.01% 6.15%
Hong Kong 114.06 Q1 / 2024 -14.78% 0.61%
Hungary 3686.41 Q1 / 2024 -34.53% 0.74%
Iceland 246.49 Q1 / 2024 -6.39% 6.28%
India 24656.71 Q1 / 2024 12.05% 7.29%
Indonesia 1550121.83 Q1 / 2024 -4.38% 4.99%
Iran 3094524.51 Q3 / 2020 33.45% 55.02%
Ireland 24.23 Q1 / 2024 -43.59% 1.44%
Israel 102.70 Q1 / 2024 4.29% -9.48%
Italy 113.64 Q1 / 2024 -0.91% 2.04%
Japan 42681.80 Q1 / 2024 7.76% 3.13%
Kazakhstan 11982.41 Q4 / 2023 42.50% 40.09%
Kyrgyzstan 74.19 Q3 / 2023 33.88% 18.54%
Latvia 1.75 Q1 / 2024 -38.79% -6.42%
Lithuania 3.52 Q1 / 2024 -24.62% 2.37%
Luxembourg 3.40 Q1 / 2024 -10.02% -8.48%
Macao 13.18 Q1 / 2024 -5.61% 10.05%
Malaysia 95.43 Q1 / 2024 7.35% 10.52%
Malta 0.87 Q1 / 2024 -6.97% 1.54%
Mauritius 44.84 Q4 / 2023 14.43% 48.24%
Mexico 1626.60 Q1 / 2023 3.28% 12.19%
Moldova 13.24 Q1 / 2024 -18.77% 0.20%
Mongolia 3019.79 Q1 / 2024 -46.82% -2.60%
Montenegro 0.32 Q1 / 2024 -9.53% 8.95%
Netherlands 54.50 Q1 / 2024 4.27% 0.99%
New Zealand 25.24 Q1 / 2024 -0.55% -1.05%
Nicaragua 38.56 Q4 / 2023 11.53% 18.39%
Nigeria 19519.76 Q4 / 2022 13.34% 13.45%
Norway 267.74 Q1 / 2024 -19.09% -2.77%
Palestine 0.82 Q4 / 2023 -29.23% -33.66%
Panama 6.19 Q4 / 2023 7.43% 9.33%
Paraguay 16102.57 Q4 / 2023 -1.48% 1.89%
Peru 52.13 Q1 / 2024 -22.81% 7.59%
Philippines 1342.19 Q1 / 2024 -11.33% 4.40%
Poland 104.18 Q1 / 2024 -54.80% 0.96%
Portugal 12.55 Q1 / 2024 -5.91% 0.79%
Qatar 53.66 Q4 / 2022 -22.98% 3.62%
Romania 69.89 Q1 / 2024 -46.36% 15.36%
Russia 14607.40 Q4 / 2023 58.53% 18.45%
Rwanda 1125.00 Q4 / 2023 -4.58% 13.64%
Saudi Arabia 317.55 Q1 / 2024 12.24% 7.88%
Senegal 1796.32 Q4 / 2023 5.08% 5.10%
Serbia 446.17 Q1 / 2024 -18.41% 12.13%
Seychelles 1.63 Q4 / 2023 65.78% 29.57%
Singapore 36.93 Q1 / 2024 -4.94% 1.98%
Slovakia 5.35 Q1 / 2024 -38.13% 0.55%
Slovenia 3.54 Q1 / 2024 -0.27% 4.39%
South Africa 263.31 Q1 / 2024 -2.62% 5.25%
South Korea 177009.70 Q1 / 2024 -14.16% 3.59%
Spain 70.74 Q1 / 2024 -5.36% 5.53%
Sri Lanka 1218.22 Q4 / 2023 -0.70% -3.64%
Sweden 360.37 Q1 / 2024 -17.69% 1.14%
Switzerland 48.98 Q1 / 2024 -7.92% -3.29%
Taiwan 1482.74 Q1 / 2024 2.67% -3.60%
Thailand 1037.47 Q1 / 2024 -0.37% -4.15%
Turkey 2758.35 Q4 / 2023 10.98% 95.20%
USA 1242.38 Q1 / 2024 1.74% 5.69%
Uganda 12245.09 Q4 / 2023 2.43% 20.09%
Ukraine 321.24 Q4 / 2023 9.36% 33.43%
United Kingdom 123.54 Q2 / 2023 1.47% 8.59%
Uruguay 117.79 Q1 / 2024 -20.23% -2.89%
Uzbekistan 132275.20 Q4 / 2023 43.36% 56.93%



The table shows the total value of physical capital formation, i.e. the purchase of plant, machinery, and equipment as well as land improvements and the construction of roads, railways, schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. The data are reported on a quarterly basis.

The first column of numbers shows the latest numbers made available by the national authorities. The next two columns show the percent change from the previous quarter and the percent change from the same quarter last year. Note that the investment data are in nominal terms so that changes over time represent changes in amounts as well as prices.

Looking across countries, investment is about 20 percent of GDP and its fluctuations are a major contributor to the business cycle. It is typically investment that sharply declines during recessions and leads during economic expansions. It responds to economic growth as firms try to position themselves in an expanding economy and, also, leads economic growth as investment enhances the productive capacity of the economy.

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