Data / Rankings / Gross capital formation, share of GDP / Countries

Countries by gross capital formation, share of GDP, 2024

Iran had the highest gross capital formation, share of GDP of 168 countries in 2024, at 44.3% of GDP. Djibouti had the lowest, at 0.3% of GDP. The median was 23.1% of GDP and the figure for the World was 26.3% of GDP. Source: the World Bank.

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Highest44.3Iran
Lowest0.3Djibouti
Median23.1168 countries
World26.3History

Map of countries, 2024

Afghanistan: 17.1 % of GDPAlbania: 25 % of GDPArmenia: 23.8 % of GDPAngola: 10.6 % of GDPArgentina: 15.8 % of GDPAustria: 23.6 % of GDPAustralia: 24.3 % of GDPAzerbaijan: 20.7 % of GDPBosnia and Herzegovina: 27.4 % of GDPBangladesh: 30.7 % of GDPBelgium: 24.6 % of GDPBurkina Faso: 21.8 % of GDPBulgaria: 20.4 % of GDPBenin: 35.1 % of GDPBrunei: 27.9 % of GDPBolivia: 17.9 % of GDPBrazil: 17 % of GDPBahamas: 26.8 % of GDPBhutan: 42.6 % of GDPBotswana: 36.2 % of GDPBelarus: 25.8 % of GDPBelize: 19.8 % of GDPCanada: 23.2 % of GDPDemocratic Republic of the Congo: 31.4 % of GDPCentral African Republic: 23.6 % of GDPRepublic of the Congo: 26.8 % of GDPSwitzerland: 26.7 % of GDPCôte d’Ivoire: 20.9 % of GDPChile: 23.1 % of GDPCameroon: 18.9 % of GDPChina: 40.5 % of GDPColombia: 16.5 % of GDPCosta Rica: 16.2 % of GDPCuba: 24.2 % of GDPCape Verde: 16.3 % of GDPCyprus: 20.7 % of GDPCzechia: 26.3 % of GDPGermany: 21.5 % of GDPDjibouti: 0.3 % of GDPDenmark: 23.2 % of GDPDominican Republic: 27 % of GDPAlgeria: 41.1 % of GDPEcuador: 19.5 % of GDPEstonia: 24.6 % of GDPEgypt: 13 % of GDPSpain: 21.2 % of GDPEthiopia: 20.6 % of GDPFinland: 22.3 % of GDPFiji: 20.9 % of GDPFaroe Islands: 28.2 % of GDPFrance: 21.5 % of GDPGabon: 19.1 % of GDPUnited Kingdom: 19.2 % of GDPGeorgia: 24.5 % of GDPGhana: 9.9 % of GDPGambia: 29.9 % of GDPGuinea: 32.1 % of GDPEquatorial Guinea: 5.1 % of GDPGreece: 18.3 % of GDPGuatemala: 16.4 % of GDPGuinea-Bissau: 26.3 % of GDPHong Kong: 16.1 % of GDPHonduras: 23.2 % of GDPCroatia: 24.3 % of GDPHaiti: 12.1 % of GDPHungary: 23.7 % of GDPIndonesia: 31.4 % of GDPIreland: 18.2 % of GDPIsrael: 23.8 % of GDPIndia: 34.3 % of GDPIraq: 19.1 % of GDPIran: 44.3 % of GDPIceland: 26.2 % of GDPItaly: 22.3 % of GDPJapan: 27.7 % of GDPKenya: 16.5 % of GDPKyrgyzstan: 21.5 % of GDPCambodia: 32.2 % of GDPKiribati: 29.9 % of GDPSouth Korea: 30 % of GDPKuwait: 15.1 % of GDPKazakhstan: 27.2 % of GDPLebanon: 1.4 % of GDPSri Lanka: 26.3 % of GDPLesotho: 29.7 % of GDPLithuania: 20.7 % of GDPLuxembourg: 15.8 % of GDPLatvia: 21.5 % of GDPLibya: 14.3 % of GDPMorocco: 30.1 % of GDPMoldova: 22.3 % of GDPMontenegro: 25.9 % of GDPMadagascar: 23.6 % of GDPNorth Macedonia: 30.6 % of GDPMali: 19.6 % of GDPMongolia: 35.5 % of GDPMauritania: 43.1 % of GDPMauritius: 21.1 % of GDPMalawi: 13.7 % of GDPMexico: 23.9 % of GDPMalaysia: 22 % of GDPMozambique: 17.7 % of GDPNamibia: 26 % of GDPNew Caledonia: 22.1 % of GDPNiger: 23.5 % of GDPNicaragua: 24.7 % of GDPNetherlands: 19.7 % of GDPNorway: 23.7 % of GDPNepal: 28.6 % of GDPNew Zealand: 23.1 % of GDPOman: 24.8 % of GDPPanama: 33.5 % of GDPPeru: 19.7 % of GDPFrench Polynesia: 21.9 % of GDPPhilippines: 23.7 % of GDPPakistan: 13.2 % of GDPPoland: 17.8 % of GDPPuerto Rico: 14.2 % of GDPPalestine: 23.6 % of GDPPortugal: 20.3 % of GDPPalau: 35 % of GDPParaguay: 23.1 % of GDPRomania: 25 % of GDPSerbia: 25 % of GDPRussia: 26.5 % of GDPRwanda: 34.7 % of GDPSaudi Arabia: 31.7 % of GDPSolomon Islands: 19.5 % of GDPSudan: 2.9 % of GDPSweden: 25.1 % of GDPSingapore: 21.8 % of GDPSlovenia: 21.5 % of GDPSlovakia: 20.1 % of GDPSierra Leone: 20.5 % of GDPSenegal: 34.7 % of GDPSomalia: 26.7 % of GDPEl Salvador: 20.1 % of GDPEswatini: 15 % of GDPChad: 19.6 % of GDPThailand: 21.5 % of GDPTajikistan: 32.4 % of GDPTimor-Leste: 30.1 % of GDPTunisia: 7.9 % of GDPTürkiye: 30.7 % of GDPTanzania: 39.6 % of GDPUkraine: 19.2 % of GDPUganda: 22.4 % of GDPUnited States: 21.5 % of GDPUruguay: 15.9 % of GDPUzbekistan: 39 % of GDPVenezuela: 4.9 % of GDPVietnam: 30.6 % of GDPVanuatu: 26.1 % of GDPSamoa: 29 % of GDPSouth Africa: 14.1 % of GDPZambia: 23.8 % of GDPZimbabwe: 8.8 % of GDP
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% of GDP, 2024. Hatched areas have no value for this period. Source: World Bank, Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Boundaries: Natural Earth (public domain).

Top 40 countries, 2024

Iran: 44.3 % of GDPIran44.3Mauritania: 43.1 % of GDPMauritania43.1Bhutan: 42.6 % of GDPBhutan42.6Algeria: 41.1 % of GDPAlgeria41.1China: 40.5 % of GDPChina40.5Tanzania: 39.6 % of GDPTanzania39.6Uzbekistan: 39 % of GDPUzbekistan39Botswana: 36.2 % of GDPBotswana36.2Mongolia: 35.5 % of GDPMongolia35.5Benin: 35.1 % of GDPBenin35.1Palau: 35 % of GDPPalau35Senegal: 34.7 % of GDPSenegal34.7Rwanda: 34.7 % of GDPRwanda34.7India: 34.3 % of GDPIndia34.3Panama: 33.5 % of GDPPanama33.5Tajikistan: 32.4 % of GDPTajikistan32.4Cambodia: 32.2 % of GDPCambodia32.2Guinea: 32.1 % of GDPGuinea32.1Saudi Arabia: 31.7 % of GDPSaudi Arabia31.7Indonesia: 31.4 % of GDPIndonesia31.4Democratic Republic of the Congo: 31.4 % of GDPDemocratic Republic of the Congo31.4Maldives: 30.8 % of GDPMaldives30.8Türkiye: 30.7 % of GDPTürkiye30.7Bangladesh: 30.7 % of GDPBangladesh30.7North Macedonia: 30.6 % of GDPNorth Macedonia30.6Vietnam: 30.6 % of GDPVietnam30.6Timor-Leste: 30.1 % of GDPTimor-Leste30.1Morocco: 30.1 % of GDPMorocco30.1South Korea: 30 % of GDPSouth Korea30Gambia: 29.9 % of GDPGambia29.9Kiribati: 29.9 % of GDPKiribati29.9Lesotho: 29.7 % of GDPLesotho29.7Samoa: 29 % of GDPSamoa29Nepal: 28.6 % of GDPNepal28.6Bahrain: 28.4 % of GDPBahrain28.4Faroe Islands: 28.2 % of GDPFaroe Islands28.2Brunei: 27.9 % of GDPBrunei27.9Japan: 27.7 % of GDPJapan27.7Bosnia and Herzegovina: 27.4 % of GDPBosnia and Herzegovina27.4Kazakhstan: 27.2 % of GDPKazakhstan27.2Iran: 44.3 % of GDPIran44.3Mauritania: 43.1 % of GDPMauritania43.1Bhutan: 42.6 % of GDPBhutan42.6Algeria: 41.1 % of GDPAlgeria41.1China: 40.5 % of GDPChina40.5Tanzania: 39.6 % of GDPTanzania39.6Uzbekistan: 39 % of GDPUzbekistan39Botswana: 36.2 % of GDPBotswana36.2Mongolia: 35.5 % of GDPMongolia35.5Benin: 35.1 % of GDPBenin35.1Palau: 35 % of GDPPalau35Senegal: 34.7 % of GDPSenegal34.7Rwanda: 34.7 % of GDPRwanda34.7India: 34.3 % of GDPIndia34.3Panama: 33.5 % of GDPPanama33.5Tajikistan: 32.4 % of GDPTajikistan32.4Cambodia: 32.2 % of GDPCambodia32.2Guinea: 32.1 % of GDPGuinea32.1Saudi Arabia: 31.7 % of GDPSaudi Arabia31.7Indonesia: 31.4 % of GDPIndonesia31.4Democratic Republic of the Congo: 31.4 % of GDPDemocratic Republic of the Congo31.4Maldives: 30.8 % of GDPMaldives30.8Türkiye: 30.7 % of GDPTürkiye30.7Bangladesh: 30.7 % of GDPBangladesh30.7North Macedonia: 30.6 % of GDPNorth Macedonia30.6Vietnam: 30.6 % of GDPVietnam30.6Timor-Leste: 30.1 % of GDPTimor-Leste30.1Morocco: 30.1 % of GDPMorocco30.1South Korea: 30 % of GDPSouth Korea30Gambia: 29.9 % of GDPGambia29.9Kiribati: 29.9 % of GDPKiribati29.9Lesotho: 29.7 % of GDPLesotho29.7Samoa: 29 % of GDPSamoa29Nepal: 28.6 % of GDPNepal28.6Bahrain: 28.4 % of GDPBahrain28.4Faroe Islands: 28.2 % of GDPFaroe Islands28.2Brunei: 27.9 % of GDPBrunei27.9Japan: 27.7 % of GDPJapan27.7Bosnia and Herzegovina: 27.4 % of GDPBosnia and Herzegovina27.4Kazakhstan: 27.2 % of GDPKazakhstan27.2
% of GDP. Source: World Bank, Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2024
% of GDP		Change on 2023
1Iran44.3+0.6 pts
2Mauritania43.1-1.5 pts
3Bhutan42.6-2.7 pts
4Algeria41.1+3.5 pts
5China40.5-0.6 pts
6Tanzania39.6-1.4 pts
7Uzbekistan39+6 pts
8Botswana36.2+6.1 pts
9Mongolia35.5+1.6 pts
10Benin35.1+0.5 pts
11Palau35-0.7 pts
12Senegal34.7-7.6 pts
13Rwanda34.7-3.6 pts
14India34.3-0.2 pts
15Panama33.5-4 pts
16Tajikistan32.4+0.8 pts
17Cambodia32.2-1.1 pts
18Guinea32.1+8.7 pts
19Saudi Arabia31.7+1.9 pts
20Indonesia31.4+1.1 pts
21Democratic Republic of the Congo31.4-2.7 pts
22Maldives30.8-2.3 pts
23Türkiye30.7-3.9 pts
24Bangladesh30.7-0.3 pts
25North Macedonia30.6+1 pts
26Vietnam30.6-1.1 pts
27Timor-Leste30.1+9.6 pts
28Morocco30.1+1.1 pts
29South Korea30-1.9 pts
30Gambia29.9+2.5 pts
31Kiribati29.9+5.2 pts
32Lesotho29.7+2.6 pts
33Samoa29-7 pts
34Nepal28.6-2.5 pts
35Bahrain28.4-0.8 pts
36Faroe Islands28.2-3.2 pts
37Brunei27.9-1.7 pts
38Japan27.7-0.1 pts
39Bosnia and Herzegovina27.4+0.3 pts
40Kazakhstan27.2-0.9 pts
41Dominican Republic27-0.8 pts
42Republic of the Congo26.8+1.6 pts
43Bahamas26.8+3.9 pts
44Somalia26.7+3.1 pts
45Switzerland26.7-1.8 pts
46Russia26.5-0.8 pts
47Tonga26.4+0.5 pts
48Sri Lanka26.3+2.1 pts
49Guinea-Bissau26.3+0.1 pts
50Czechia26.3-1.9 pts
51Iceland26.2+0.8 pts
52Vanuatu26.1+3.8 pts
53Namibia26-2.1 pts
54Montenegro25.9+0.4 pts
55Belarus25.8+1.1 pts
56Aruba25.7+7.4 pts
57Sweden25.1-0.1 pts
58Serbia25+0.4 pts
59Romania25-1.2 pts
60Albania25+1.5 pts
61Oman24.8-1.8 pts
62Nicaragua24.7+2.6 pts
63Estonia24.6-0.6 pts
64Belgium24.6-0.7 pts
65Georgia24.5-0.5 pts
66Australia24.3+0.5 pts
67Croatia24.3-0.2 pts
68Cuba24.2+2.8 pts
69Mexico23.9+0.6 pts
70Armenia23.8+0.9 pts
71Israel23.8-2.6 pts
72Zambia23.8-7.7 pts
73Philippines23.7+0.3 pts
74Norway23.7+0.1 pts
75Hungary23.7-2.5 pts
76Palestine23.6-1.4 pts
77Central African Republic23.6-0.1 pts
78Austria23.6-2.4 pts
79Madagascar23.6+2.1 pts
80Niger23.5-6.6 pts
81Denmark23.2-0.4 pts
82Honduras23.2+1 pts
83Canada23.2-0.5 pts
84Chile23.1-0.2 pts
85Paraguay23.1+2.8 pts
86New Zealand23.1-1 pts
87Uganda22.4-0.4 pts
88Finland22.3-0.7 pts
89Moldova22.3+2.2 pts
90Italy22.3-0.8 pts
91New Caledonia22.1-3.4 pts
92Malaysia22-0.8 pts
93French Polynesia21.9-0.7 pts
94Singapore21.8+0.7 pts
95Burkina Faso21.8+1.5 pts
96Slovenia21.5-1 pts
97United States21.5-0 pts
98Kyrgyzstan21.5-12.9 pts
99France21.5-1.4 pts
100Germany21.5-0.5 pts
101Latvia21.5-3.2 pts
102Thailand21.5-0.9 pts
103Seychelles21.3-3 pts
104Spain21.2+0.1 pts
105Marshall Islands21.1+1.8 pts
106Mauritius21.1+1.2 pts
107Côte d’Ivoire20.9-3.7 pts
108Fiji20.9+1.1 pts
109Azerbaijan20.7+3 pts
110Cyprus20.7-0.8 pts
111Lithuania20.7-2 pts
112Ethiopia20.6-1.6 pts
113Sierra Leone20.5+0.8 pts
114Bulgaria20.4+0.6 pts
115Portugal20.3-0.2 pts
116Slovakia20.1+0.4 pts
117El Salvador20.1-1.4 pts
118Belize19.8+0.9 pts
119Peru19.7+0.2 pts
120Netherlands19.7-0.4 pts
121Mali19.6-2.1 pts
122Chad19.6+0.3 pts
123Ecuador19.5-1.2 pts
124Solomon Islands19.5-1.8 pts
125Ukraine19.2+1.2 pts
126United Kingdom19.2+0.7 pts
127Iraq19.1-1.2 pts
128Gabon19.1+1.1 pts
129Malta19-0.9 pts
130Cameroon18.9-0.4 pts
131Greece18.3+2.1 pts
132Ireland18.2-8.4 pts
133Bolivia17.9-1 pts
134Poland17.8+0.1 pts
135Mozambique17.7-1.9 pts
136Afghanistan17.1+1.8 pts
137Brazil17+1.2 pts
138Kenya16.5-0.1 pts
139Colombia16.5+0.1 pts
140Guatemala16.4-0.1 pts
141Cape Verde16.3-5.4 pts
142Costa Rica16.2+0.3 pts
143Hong Kong16.1-0.1 pts
144Uruguay15.9-1.7 pts
145Luxembourg15.8-0.6 pts
146Argentina15.8-3.5 pts
147Kuwait15.1-2.7 pts
148Eswatini15-5.9 pts
149Libya14.3-2.6 pts
150Puerto Rico14.2-0.1 pts
151Macao14.1-1.2 pts
152South Africa14.1-1.3 pts
153Malawi13.7-0.8 pts
154Pakistan13.2-0.8 pts
155Egypt13-3.5 pts
156Haiti12.1-1.7 pts
157Comoros12-1.3 pts
158Bermuda11-0.2 pts
159Angola10.6-1.8 pts
160Ghana9.9-0.2 pts
161Zimbabwe8.8-1.2 pts
162Tunisia7.9-0.3 pts
163São Tomé and Príncipe6.9+0.7 pts
164Equatorial Guinea5.1-0.2 pts
165Venezuela4.9-0.5 pts
166Sudan2.9+0.7 pts
167Lebanon1.4-0.5 pts
168Djibouti0.3+4 pts

Other periods

About this ranking

Acquisitions less disposals of produced assets for fixed capital formation, inventories or valuables, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Includes the change in inventories, so it can be negative in a year when stocks are run down. For investment in fixed assets alone see gross_fixed_capital_formation_gdp. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 18 countries with data in other periods have no value for 2024 and are left out rather than filled from another source. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

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APA 7

World Bank. (2026). Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS) (Countries by gross capital formation, share of GDP, 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS

MLA 9

Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS), Countries by gross capital formation, share of GDP, 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Countries by gross capital formation, share of GDP, 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Also distributed by Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries.

Harvard

World Bank (2026) Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS), Countries by gross capital formation, share of GDP, 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS, via Invokely: https://invokely.ai/rankings/gross-capital-formation-gdp/countries (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_capital_2024,
  author = {{World Bank}},
  title = {{Gross capital formation (\% of GDP) (NE.GDI.TOTL.ZS): Countries by gross capital formation, share of GDP, 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries. Publisher attribution: World Bank, World Development Indicators. Gross capital formation (\% of GDP) (NE.GDI.TOTL.ZS). https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS): Countries by gross capital formation, share of GDP, 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS
L2  - https://invokely.ai/rankings/gross-capital-formation-gdp/countries
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries.
N1  - Publisher attribution: World Bank, World Development Indicators. Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

Which country has the highest gross capital formation, share of GDP?

Iran, with 44.3% of GDP in 2024, according to the World Bank.

Which country has the lowest gross capital formation, share of GDP?

Djibouti, with 0.3% of GDP in 2024.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Retrieved 2026-10-18. 18 countries have no value for 2024 and are not ranked.

Gross capital formation, share of GDP: other rankings

Countries: more rankings