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 123.20 Q1 / 2025 -36.00% 3.01%
Algeria 3208.89 Q4 / 2024 7.00% 8.55%
Argentina 28477.88 Q1 / 2025 -0.23% 71.86%
Armenia 329.48 Q1 / 2025 -63.77% 19.48%
Australia 155.86 Q1 / 2025 -11.16% 5.85%
Austria 28.04 Q1 / 2025 -13.75% 1.38%
Azerbaijan 6.84 Q4 / 2024 17.74% -2.16%
Bahamas 0.73 Q4 / 2023 -7.02% -3.15%
Belarus 13.73 Q1 / 2025 -31.02% 32.69%
Belgium 35.46 Q1 / 2025 -16.72% 4.23%
Bermuda 0.26 Q4 / 2024 2.65% 4.62%
Bolivia 12.58 Q3 / 2024 5.24% -6.56%
Bosnia and Herzegovina 2.77 Q1 / 2025 -10.75% -3.65%
Botswana 18.66 Q3 / 2024 -2.28% 4.77%
Brazil 536.47 Q1 / 2025 1.56% 16.50%
Brunei 0.96 Q1 / 2025 -20.89% -16.10%
Bulgaria 6.82 Q1 / 2025 -46.30% 11.23%
Cameroon 1424.00 Q3 / 2024 -7.60% 4.19%
Canada 164.16 Q1 / 2025 -8.42% 5.13%
Cape Verde 8.55 Q4 / 2024 -35.37% -15.26%
Chile 18903.76 Q1 / 2025 -5.83% 7.81%
Colombia 99357.20 Q1 / 2025 82.50% 18.72%
Costa Rica 1893.96 Q1 / 2025 -10.62% 5.28%
Croatia 5.51 Q1 / 2025 9.17% 10.60%
Cyprus 1.73 Q1 / 2025 -20.54% 23.00%
Czechia 455.51 Q1 / 2025 -23.97% 3.44%
Denmark 155.59 Q1 / 2025 -23.82% 3.38%
Dominican Republic 479.04 Q4 / 2024 -1.62% -1.12%
Ecuador 7.08 Q4 / 2024 21.90% -0.16%
Egypt 551.21 Q4 / 2024 50.22% 30.11%
Estonia 2.40 Q1 / 2025 -19.64% 4.41%
Euro area 794.86 Q1 / 2025 -6.41% 3.80%
Finland 12.67 Q1 / 2025 -22.09% -8.37%
France 156.76 Q1 / 2025 -8.83% -0.27%
Georgia 4.82 Q1 / 2025 -13.73% 23.98%
Germany 214.83 Q1 / 2025 -6.61% 1.87%
Ghana 30.06 Q4 / 2024 -9.94% 61.18%
Greece 7.78 Q1 / 2025 -28.72% -2.83%
Guatemala 36.70 Q4 / 2024 1.28% 7.83%
Hong Kong 122.34 Q1 / 2025 -9.14% 5.07%
Hungary 3483.26 Q1 / 2025 -33.89% -4.64%
Iceland 329.49 Q1 / 2025 -2.17% 22.87%
India 27297.25 Q1 / 2025 16.99% 10.08%
Indonesia 1588266.90 Q1 / 2025 -7.07% 3.05%
Iran 3094524.51 Q3 / 2020 33.45% 55.02%
Ireland 41.66 Q1 / 2025 38.71% 66.19%
Israel 117.76 Q1 / 2025 -8.36% 9.96%
Italy 121.01 Q1 / 2025 -4.14% 0.79%
Japan 45245.90 Q1 / 2025 9.16% 6.61%
Kazakhstan 12160.65 Q4 / 2024 30.33% 1.49%
Kyrgyzstan 74.19 Q3 / 2023 33.88% 18.54%
Latvia 1.96 Q1 / 2025 -24.18% 8.41%
Lithuania 4.08 Q1 / 2025 -20.51% 10.28%
Luxembourg 2.99 Q1 / 2025 -7.80% -4.26%
Macao 13.63 Q1 / 2025 -7.35% 7.12%
Malaysia 104.77 Q1 / 2025 4.90% 9.55%
Malta 1.02 Q1 / 2025 -4.16% 4.16%
Mauritius 36.05 Q1 / 2025 -0.45% -2.83%
Mexico 2120.93 Q4 / 2024 1.45% 5.00%
Moldova 16.50 Q1 / 2025 -6.81% 24.58%
Mongolia 5142.08 Q1 / 2025 -34.27% 44.09%
Montenegro 0.35 Q1 / 2025 -13.48% 8.75%
Netherlands 58.02 Q1 / 2025 0.01% 5.74%
New Zealand 25.18 Q1 / 2025 1.64% -2.01%
Nicaragua 42.76 Q1 / 2025 -11.46% 9.77%
Nigeria 26090.66 Q4 / 2023 40.93% 33.66%
Norway 266.88 Q1 / 2025 -18.10% 5.18%
Palestine 0.79 Q4 / 2024 -2.67% -3.79%
Panama 5.91 Q2 / 2024 -32.37% 8.40%
Paraguay 19034.65 Q1 / 2025 4.47% 17.00%
Peru 56.71 Q1 / 2025 -20.81% 9.11%
Philippines 1454.79 Q1 / 2025 -9.65% 8.26%
Poland 117.67 Q1 / 2025 -48.04% 9.28%
Portugal 14.07 Q1 / 2025 -5.98% 5.65%
Qatar 53.66 Q4 / 2022 -22.98% 3.62%
Romania 77.44 Q1 / 2025 -32.78% 9.88%
Russia 11093.30 Q3 / 2024 16.57% 20.39%
Rwanda 1393.00 Q1 / 2025 8.83% -1.21%
Saudi Arabia 396.92 Q1 / 2025 25.27% 10.34%
Senegal 1741.34 Q4 / 2024 18.38% 6.53%
Serbia 504.88 Q1 / 2025 -20.78% 1.77%
Seychelles 1.29 Q1 / 2025 -7.33% -0.89%
Singapore 40.68 Q1 / 2025 -3.98% 8.42%
Slovakia 5.28 Q1 / 2025 -35.06% -4.24%
Slovenia 3.36 Q1 / 2025 2.77% -3.37%
South Africa 260.08 Q1 / 2025 -3.93% -1.34%
South Korea 171912.90 Q1 / 2025 -15.52% -1.58%
Spain 78.71 Q1 / 2025 -6.43% 7.33%
Sri Lanka 1476.74 Q3 / 2024 16.07% 20.38%
Sweden 351.91 Q1 / 2025 -24.81% -1.19%
Switzerland 50.55 Q1 / 2025 -6.37% 1.66%
Taiwan 1847.85 Q1 / 2025 0.34% 21.12%
Thailand 1090.78 Q1 / 2025 -0.10% 5.13%
Turkey 3641.47 Q1 / 2025 -8.33% 30.21%
USA 1347.18 Q1 / 2025 2.15% 4.87%
Uganda 10961.17 Q1 / 2025 -4.28% 0.95%
Ukraine 452.74 Q4 / 2024 15.72% 40.94%
United Kingdom 125.68 Q4 / 2024 -0.11% 4.70%
Uruguay 128.70 Q1 / 2025 -17.22% 8.98%
Uzbekistan 166749.48 Q4 / 2024 13.38% 37.96%



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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