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 121.88 Q1 / 2024 -34.03% 10.18%
Algeria 3100.62 Q1 / 2024 6.71% 20.90%
Argentina 20208.37 Q2 / 2024 17.93% 177.45%
Armenia 438.76 Q2 / 2024 57.58% 18.47%
Australia 177.44 Q2 / 2024 20.93% 4.14%
Austria 29.41 Q2 / 2024 9.82% -0.09%
Azerbaijan 4.10 Q2 / 2024 9.56% 13.39%
Bahamas 0.73 Q4 / 2023 -7.02% -3.15%
Belarus 13.35 Q2 / 2024 29.04% 25.23%
Belgium 36.88 Q2 / 2024 9.68% 2.24%
Bermuda 0.24 Q1 / 2024 -3.00% -0.04%
Bolivia 10.18 Q1 / 2024 -37.80% -9.25%
Bosnia and Herzegovina 2.93 Q1 / 2024 -5.22% 16.20%
Botswana 19.09 Q2 / 2024 6.43% 16.42%
Brazil 484.44 Q2 / 2024 5.58% 9.36%
Brunei 1.17 Q1 / 2024 -8.04% 9.19%
Bulgaria 8.19 Q2 / 2024 33.59% 9.72%
Cameroon 1443.80 Q2 / 2023 13.64% 12.73%
Canada 171.84 Q2 / 2024 13.01% 1.12%
Cape Verde 13.15 Q1 / 2024 -1.07% 10.78%
Chile 16879.30 Q2 / 2024 -0.74% 5.41%
Colombia 48308.46 Q2 / 2024 -35.46% -0.37%
Costa Rica 1941.22 Q2 / 2024 7.44% 6.29%
Croatia 4.51 Q2 / 2024 4.18% 15.07%
Cyprus 1.59 Q2 / 2024 13.24% 12.63%
Czechia 520.03 Q2 / 2024 18.25% 1.34%
Denmark 163.09 Q2 / 2024 12.59% 0.64%
Dominican Republic 566.35 Q2 / 2024 6.80% 4.12%
Ecuador 5.36 Q2 / 2024 7.96% -7.87%
Egypt 374.75 Q4 / 2023 28.25% 9.70%
Estonia 2.45 Q2 / 2024 8.50% 12.30%
Euro area 779.25 Q2 / 2024 3.51% -0.97%
Finland 14.80 Q2 / 2024 15.32% -8.62%
France 161.19 Q2 / 2024 1.67% -0.69%
Georgia 4.56 Q2 / 2024 20.92% 15.34%
Germany 227.83 Q2 / 2024 8.26% -0.39%
Ghana 25.45 Q1 / 2024 25.80% 12.23%
Greece 8.06 Q2 / 2024 9.12% 5.77%
Guatemala 33.02 Q1 / 2024 -3.08% 3.52%
Hong Kong 126.40 Q2 / 2024 10.61% 2.91%
Hungary 4800.79 Q2 / 2024 31.99% -0.76%
Iceland 295.42 Q2 / 2024 15.98% 10.53%
India 24174.95 Q2 / 2024 -1.95% 9.07%
Indonesia 1544098.73 Q2 / 2024 -0.39% 5.90%
Iran 3094524.51 Q3 / 2020 33.45% 55.02%
Ireland 9.23 Q2 / 2024 -62.31% -63.87%
Israel 102.53 Q2 / 2024 -2.59% -13.77%
Italy 123.18 Q2 / 2024 2.14% 2.36%
Japan 36321.80 Q2 / 2024 -14.74% 4.90%
Kazakhstan 5544.72 Q1 / 2024 -53.73% 7.27%
Kyrgyzstan 74.19 Q3 / 2023 33.88% 18.54%
Latvia 2.22 Q2 / 2024 27.60% -3.47%
Lithuania 4.17 Q2 / 2024 12.66% -1.45%
Luxembourg 3.53 Q2 / 2024 5.51% -3.91%
Macao 12.79 Q2 / 2024 -2.94% 3.69%
Malaysia 100.98 Q2 / 2024 5.82% 12.99%
Malta 0.99 Q2 / 2024 2.73% 4.00%
Mauritius 50.41 Q2 / 2024 -1.38% 38.32%
Mexico 1626.60 Q1 / 2023 3.28% 12.19%
Moldova 15.26 Q2 / 2024 15.25% 7.70%
Mongolia 4187.06 Q2 / 2024 17.33% -0.68%
Montenegro 0.40 Q2 / 2024 23.59% 12.27%
Netherlands 58.99 Q2 / 2024 6.76% 2.75%
New Zealand 25.45 Q2 / 2024 0.72% -0.43%
Nicaragua 37.19 Q2 / 2024 2.79% 8.87%
Nigeria 26090.66 Q4 / 2023 40.93% 33.66%
Norway 301.97 Q2 / 2024 13.41% 2.44%
Palestine 0.71 Q1 / 2024 -13.06% -40.58%
Panama 6.19 Q4 / 2023 7.43% 9.33%
Paraguay 17861.76 Q2 / 2024 10.25% 9.11%
Peru 57.27 Q2 / 2024 10.01% 5.11%
Philippines 1803.04 Q2 / 2024 34.47% 12.98%
Poland 137.10 Q2 / 2024 31.60% 6.33%
Portugal 13.88 Q2 / 2024 4.69% 2.75%
Qatar 53.66 Q4 / 2022 -22.98% 3.62%
Romania 114.32 Q2 / 2024 62.95% 15.78%
Russia 9516.20 Q2 / 2024 32.20% 18.00%
Rwanda 1424.00 Q2 / 2024 1.28% 31.49%
Saudi Arabia 296.04 Q2 / 2024 -6.77% 6.15%
Senegal 1648.78 Q2 / 2024 0.19% 5.31%
Serbia 490.54 Q2 / 2024 9.81% 13.90%
Seychelles 1.23 Q1 / 2024 -24.62% -28.41%
Singapore 38.94 Q2 / 2024 5.49% 4.80%
Slovakia 6.13 Q2 / 2024 14.57% 1.49%
Slovenia 3.47 Q2 / 2024 -0.38% 0.11%
South Africa 260.05 Q2 / 2024 -1.32% 0.27%
South Korea 203475.40 Q2 / 2024 14.95% 1.45%
Spain 78.06 Q2 / 2024 6.80% 3.07%
Sri Lanka 1366.87 Q1 / 2024 12.20% 6.08%
Sweden 403.01 Q2 / 2024 11.96% 0.28%
Switzerland 51.47 Q2 / 2024 4.24% -0.53%
Taiwan 1620.30 Q2 / 2024 8.64% 8.81%
Thailand 936.23 Q2 / 2024 -9.76% -5.48%
Turkey 3108.34 Q2 / 2024 11.03% 73.44%
USA 1300.28 Q2 / 2024 1.22% 5.59%
Uganda 10677.07 Q2 / 2024 -3.58% -3.15%
Ukraine 321.24 Q4 / 2023 9.36% 33.43%
United Kingdom 126.01 Q2 / 2024 0.78% 2.85%
Uruguay 129.20 Q2 / 2024 9.94% 1.91%
Uzbekistan 112852.70 Q1 / 2024 -14.68% 89.29%



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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