Investment as percent of GDP 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 as percent of GDP



Countries Latest value Reference Three months ago One year ago
Albania 22.40 Q3 / 2023 22.33 22.86
Algeria 32.56 Q4 / 2022 27.65 35.04
Argentina 14.82 Q3 / 2023 14.29 15.59
Armenia 28.51 Q4 / 2023 18.91 28.07
Australia 23.80 Q3 / 2023 26.15 22.50
Austria 24.32 Q3 / 2023 24.06 25.33
Azerbaijan 17.71 Q3 / 2023 12.01 10.52
Bahamas 22.22 Q4 / 2022 27.93 22.24
Belarus 20.70 Q3 / 2023 20.87 17.44
Belgium 24.76 Q3 / 2023 24.66 23.54
Bermuda 12.28 Q2 / 2023 10.48 12.37
Bolivia 18.43 Q2 / 2023 13.92 16.84
Bosnia and Herzegovina 24.03 Q3 / 2023 24.17 22.43
Botswana 27.40 Q3 / 2023 23.39 25.07
Brazil 16.60 Q3 / 2023 16.40 18.33
Brunei 41.10 Q2 / 2023 21.58 25.24
Bulgaria 16.89 Q3 / 2023 17.39 15.67
Cameroon 19.62 Q2 / 2023 18.37 18.43
Canada 21.94 Q4 / 2023 23.22 22.61
Cape Verde 21.94 Q3 / 2023 16.87 21.94
Chile 23.45 Q3 / 2023 22.54 26.15
Colombia 5.31 Q4 / 2023 12.81 12.05
Costa Rica 17.46 Q3 / 2023 16.77 16.75
Croatia 15.98 Q3 / 2023 20.79 16.13
Cyprus 20.07 Q3 / 2023 18.54 19.03
Czechia 29.20 Q4 / 2023 27.10 28.54
Denmark 21.60 Q4 / 2023 22.57 24.89
Dominican Republic 30.58 Q3 / 2023 32.88 30.81
Ecuador 19.08 Q3 / 2023 19.64 20.48
Egypt 13.39 Q2 / 2023 13.53 19.76
Estonia 28.94 Q3 / 2023 22.61 25.77
Euro area 21.61 Q3 / 2023 22.43 22.22
Finland 23.85 Q3 / 2023 23.39 25.35
France 25.26 Q4 / 2023 24.22 26.25
Georgia 21.57 Q3 / 2023 19.84 16.78
Germany 21.64 Q4 / 2023 22.26 22.41
Ghana 11.47 Q3 / 2023 12.51 17.54
Greece 12.29 Q3 / 2023 13.92 11.96
Guatemala 17.03 Q3 / 2023 15.76 17.43
Hong Kong 16.69 Q4 / 2023 16.90 15.63
Hungary 27.26 Q3 / 2023 26.05 32.63
Iceland 24.60 Q4 / 2023 23.28 26.40
India 29.95 Q3 / 2023 29.27 29.06
Indonesia 30.57 Q4 / 2023 29.69 29.83
Iran 26.81 Q3 / 2020 28.20 23.03
Ireland 34.43 Q4 / 2023 19.64 23.57
Israel 20.89 Q4 / 2023 25.16 25.59
Italy 19.98 Q3 / 2023 21.84 21.05
Japan 25.01 Q4 / 2023 25.59 25.61
Kazakhstan 29.71 Q3 / 2023 25.84 25.05
Kyrgyzstan 19.10 Q2 / 2023 12.46 19.50
Latvia 26.45 Q4 / 2023 25.82 23.70
Lithuania 25.07 Q4 / 2023 23.31 23.33
Luxembourg 16.59 Q3 / 2023 18.06 16.36
Macao 14.31 Q3 / 2023 13.76 22.03
Malaysia 18.64 Q4 / 2023 18.59 17.59
Malta 16.99 Q3 / 2023 19.06 24.63
Mauritius 22.42 Q3 / 2023 20.33 19.79
Mexico 22.19 Q1 / 2023 21.22 21.39
Moldova 20.03 Q3 / 2023 20.18 23.20
Mongolia 26.15 Q4 / 2023 31.26 32.77
Montenegro 15.28 Q3 / 2023 20.21 16.81
Netherlands 19.54 Q4 / 2023 19.17 20.63
New Zealand 24.37 Q3 / 2023 25.24 25.67
Nicaragua 21.45 Q3 / 2023 22.35 21.58
Nigeria 33.78 Q4 / 2022 32.39 34.34
Norway 24.28 Q3 / 2023 24.49 17.76
Palestine 24.84 Q3 / 2023 23.63 25.49
Paraguay 21.57 Q3 / 2023 21.71 22.71
Peru 25.02 Q4 / 2023 23.07 26.33
Philippines 21.47 Q4 / 2023 23.43 20.93
Poland 16.84 Q3 / 2023 16.17 16.12
Portugal 18.97 Q3 / 2023 19.46 19.53
Qatar 24.66 Q4 / 2022 30.33 29.65
Romania 33.01 Q3 / 2023 26.08 30.66
Russia 21.60 Q3 / 2023 20.85 20.73
Rwanda 27.84 Q3 / 2023 27.30 22.99
Saudi Arabia 26.14 Q3 / 2023 28.50 24.94
Senegal 38.57 Q3 / 2023 33.82 35.32
Serbia 22.70 Q3 / 2023 21.27 24.09
Seychelles 14.52 Q3 / 2023 16.46 15.50
Singapore 22.02 Q4 / 2023 22.09 21.02
Slovakia 20.46 Q3 / 2023 19.26 20.87
Slovenia 21.59 Q4 / 2023 22.55 21.65
South Africa 15.22 Q3 / 2023 15.05 14.24
South Korea 31.50 Q3 / 2023 33.97 32.00
Spain 19.23 Q4 / 2023 19.03 19.64
Sri Lanka 17.89 Q3 / 2023 18.96 21.24
Sweden 25.34 Q3 / 2023 27.85 26.13
Switzerland 25.92 Q3 / 2023 26.08 26.51
Taiwan 24.89 Q3 / 2023 26.14 29.16
Thailand 22.49 Q4 / 2023 22.56 23.36
Turkey 32.33 Q3 / 2023 32.68 27.31
USA 17.43 Q4 / 2023 17.43 17.49
Ukraine 14.81 Q4 / 2022 11.12 15.69
United Kingdom 18.50 Q2 / 2023 18.45 18.48
Uruguay 17.30 Q3 / 2023 17.24 19.31
Uzbekistan 32.80 Q3 / 2023 32.09 31.64



The table shows the level of gross fixed capital formation, i.e. investment, as percent of GDP around the world. There are three values - for the last quarter, for the previous quarter, and for a year ago. These numbers are updated as soon as new data are released by the national authorities.

Looking across countries, investment is about 20-25 percent of GDP, typically with greater values for less developed countries than for advanced economies. This is normal as those countries are in the process of industrialization that requires more investment.

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