Countries by gross capital formation, share of GDP

Bhutan had the highest gross capital formation, share of GDP of 175 countries in 2018, at 54% of GDP. Djibouti had the lowest, at 2.8% of GDP. The median was 23% of GDP and the figure for the World was 26.7% of GDP. Source: the World Bank.

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Highest54Bhutan
Lowest2.8Djibouti
Median23175 countries
World26.7History

Map of countries, 2018

United Arab Emirates: 21.2 % of GDPAlbania: 27.1 % of GDPArmenia: 22.4 % of GDPAngola: 23.9 % of GDPArgentina: 16.6 % of GDPAustria: 25.9 % of GDPAustralia: 24.6 % of GDPAzerbaijan: 20.1 % of GDPBosnia and Herzegovina: 24.8 % of GDPBangladesh: 31.8 % of GDPBelgium: 25.6 % of GDPBurkina Faso: 21.7 % of GDPBulgaria: 21.2 % of GDPBenin: 26.4 % of GDPBrunei: 41.1 % of GDPBolivia: 24 % of GDPBrazil: 15.1 % of GDPBahamas: 25.6 % of GDPBhutan: 54 % of GDPBotswana: 25.9 % of GDPBelarus: 28.1 % of GDPBelize: 16.5 % of GDPCanada: 23.4 % of GDPDemocratic Republic of the Congo: 28.7 % of GDPCentral African Republic: 26 % of GDPRepublic of the Congo: 29.5 % of GDPSwitzerland: 27.3 % of GDPCôte d’Ivoire: 22.3 % of GDPChile: 24.2 % of GDPCameroon: 19.5 % of GDPChina: 43.3 % of GDPColombia: 21.2 % of GDPCosta Rica: 18.2 % of GDPCuba: 12 % of GDPCape Verde: 27.5 % of GDPCyprus: 18.9 % of GDPCzechia: 25.6 % of GDPGermany: 21.7 % of GDPDjibouti: 2.8 % of GDPDenmark: 22.5 % of GDPDominican Republic: 25.2 % of GDPAlgeria: 46.5 % of GDPEcuador: 22.5 % of GDPEstonia: 27.9 % of GDPEgypt: 20.6 % of GDPSpain: 20.7 % of GDPEthiopia: 34.2 % of GDPFinland: 25.7 % of GDPFiji: 21 % of GDPFaroe Islands: 29.7 % of GDPFrance: 22.6 % of GDPGabon: 19.3 % of GDPUnited Kingdom: 18.9 % of GDPGeorgia: 27.9 % of GDPGhana: 21.7 % of GDPGreenland: 21.7 % of GDPGambia: 20.9 % of GDPGuinea: 19.5 % of GDPEquatorial Guinea: 12.5 % of GDPGreece: 13 % of GDPGuatemala: 13.8 % of GDPGuinea-Bissau: 19.2 % of GDPHong Kong: 22 % of GDPHonduras: 26.6 % of GDPCroatia: 22.5 % of GDPHaiti: 16.1 % of GDPHungary: 27.1 % of GDPIndonesia: 34.6 % of GDPIreland: 28.2 % of GDPIsrael: 24.2 % of GDPIndia: 32.3 % of GDPIraq: 17.6 % of GDPIran: 36.2 % of GDPIceland: 22.2 % of GDPItaly: 18.7 % of GDPJapan: 27.1 % of GDPKenya: 19.4 % of GDPKyrgyzstan: 36 % of GDPCambodia: 30.7 % of GDPKiribati: 18.9 % of GDPSouth Korea: 31.2 % of GDPKuwait: 25.5 % of GDPKazakhstan: 25.3 % of GDPLebanon: 22.5 % of GDPSri Lanka: 38.1 % of GDPLesotho: 21.4 % of GDPLithuania: 22.4 % of GDPLuxembourg: 17 % of GDPLatvia: 23.9 % of GDPLibya: 15.1 % of GDPMorocco: 32.1 % of GDPMoldova: 26.6 % of GDPMontenegro: 31.4 % of GDPMadagascar: 20.7 % of GDPNorth Macedonia: 32.3 % of GDPMali: 24.5 % of GDPMongolia: 39.4 % of GDPMauritania: 46.4 % of GDPMauritius: 18.6 % of GDPMalawi: 21.3 % of GDPMexico: 23.5 % of GDPMalaysia: 23.9 % of GDPMozambique: 46 % of GDPNamibia: 14.9 % of GDPNew Caledonia: 27.6 % of GDPNiger: 32.9 % of GDPNicaragua: 24.1 % of GDPNetherlands: 20.5 % of GDPNorway: 26 % of GDPNepal: 39.5 % of GDPNew Zealand: 24.2 % of GDPOman: 31.7 % of GDPPanama: 41.2 % of GDPPeru: 21.3 % of GDPFrench Polynesia: 27.5 % of GDPPhilippines: 27.2 % of GDPPakistan: 17.1 % of GDPPoland: 21.4 % of GDPPuerto Rico: 15.3 % of GDPPalestine: 28.3 % of GDPPortugal: 18.5 % of GDPPalau: 28.8 % of GDPParaguay: 22.8 % of GDPQatar: 41.6 % of GDPRomania: 23 % of GDPSerbia: 22.5 % of GDPRussia: 21.9 % of GDPRwanda: 17.9 % of GDPSaudi Arabia: 22.4 % of GDPSolomon Islands: 19.1 % of GDPSudan: 10 % of GDPSweden: 25.3 % of GDPSingapore: 24.7 % of GDPSlovenia: 21.6 % of GDPSlovakia: 24.2 % of GDPSierra Leone: 15.6 % of GDPSenegal: 32.6 % of GDPSomalia: 16.1 % of GDPEl Salvador: 18.4 % of GDPEswatini: 19.8 % of GDPChad: 21.9 % of GDPTogo: 19.1 % of GDPThailand: 25.2 % of GDPTajikistan: 37.3 % of GDPTimor-Leste: 35.9 % of GDPTunisia: 23 % of GDPTürkiye: 31.3 % of GDPTrinidad and Tobago: 22.9 % of GDPTanzania: 38.4 % of GDPUkraine: 18.6 % of GDPUganda: 24.3 % of GDPUnited States: 21.6 % of GDPUruguay: 14.9 % of GDPUzbekistan: 33.5 % of GDPVenezuela: 4.3 % of GDPVietnam: 32 % of GDPVanuatu: 22.9 % of GDPSamoa: 33.1 % of GDPYemen: 6.2 % of GDPSouth Africa: 16.2 % of GDPZambia: 38.6 % of GDPZimbabwe: 14.1 % of GDP
  • Under 19
  • 19 to 21
  • 21 to 23
  • 23 to 26
  • 26 to 32
  • 32 and over
  • No data
% of GDP, 2018. 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, 2018

Bhutan: 54 % of GDPBhutan54Maldives: 49 % of GDPMaldives49Algeria: 46.5 % of GDPAlgeria46.5Mauritania: 46.4 % of GDPMauritania46.4Mozambique: 46 % of GDPMozambique46China: 43.3 % of GDPChina43.3Qatar: 41.6 % of GDPQatar41.6Panama: 41.2 % of GDPPanama41.2Curaçao: 41.1 % of GDPCuraçao41.1Brunei: 41.1 % of GDPBrunei41.1Nepal: 39.5 % of GDPNepal39.5Mongolia: 39.4 % of GDPMongolia39.4Zambia: 38.6 % of GDPZambia38.6Tanzania: 38.4 % of GDPTanzania38.4Sri Lanka: 38.1 % of GDPSri Lanka38.1Tajikistan: 37.3 % of GDPTajikistan37.3Iran: 36.2 % of GDPIran36.2Kyrgyzstan: 36 % of GDPKyrgyzstan36Timor-Leste: 35.9 % of GDPTimor-Leste35.9Bahrain: 35.6 % of GDPBahrain35.6Indonesia: 34.6 % of GDPIndonesia34.6Ethiopia: 34.2 % of GDPEthiopia34.2Uzbekistan: 33.5 % of GDPUzbekistan33.5Samoa: 33.1 % of GDPSamoa33.1Niger: 32.9 % of GDPNiger32.9Senegal: 32.6 % of GDPSenegal32.6India: 32.3 % of GDPIndia32.3North Macedonia: 32.3 % of GDPNorth Macedonia32.3Morocco: 32.1 % of GDPMorocco32.1Vietnam: 32 % of GDPVietnam32Bangladesh: 31.8 % of GDPBangladesh31.8Oman: 31.7 % of GDPOman31.7Montenegro: 31.4 % of GDPMontenegro31.4Türkiye: 31.3 % of GDPTürkiye31.3South Korea: 31.2 % of GDPSouth Korea31.2Cambodia: 30.7 % of GDPCambodia30.7Faroe Islands: 29.7 % of GDPFaroe Islands29.7Republic of the Congo: 29.5 % of GDPRepublic of the Congo29.5Palau: 28.8 % of GDPPalau28.8Democratic Republic of the Congo: 28.7 % of GDPDemocratic Republic of the Congo28.7Bhutan: 54 % of GDPBhutan54Maldives: 49 % of GDPMaldives49Algeria: 46.5 % of GDPAlgeria46.5Mauritania: 46.4 % of GDPMauritania46.4Mozambique: 46 % of GDPMozambique46China: 43.3 % of GDPChina43.3Qatar: 41.6 % of GDPQatar41.6Panama: 41.2 % of GDPPanama41.2Curaçao: 41.1 % of GDPCuraçao41.1Brunei: 41.1 % of GDPBrunei41.1Nepal: 39.5 % of GDPNepal39.5Mongolia: 39.4 % of GDPMongolia39.4Zambia: 38.6 % of GDPZambia38.6Tanzania: 38.4 % of GDPTanzania38.4Sri Lanka: 38.1 % of GDPSri Lanka38.1Tajikistan: 37.3 % of GDPTajikistan37.3Iran: 36.2 % of GDPIran36.2Kyrgyzstan: 36 % of GDPKyrgyzstan36Timor-Leste: 35.9 % of GDPTimor-Leste35.9Bahrain: 35.6 % of GDPBahrain35.6Indonesia: 34.6 % of GDPIndonesia34.6Ethiopia: 34.2 % of GDPEthiopia34.2Uzbekistan: 33.5 % of GDPUzbekistan33.5Samoa: 33.1 % of GDPSamoa33.1Niger: 32.9 % of GDPNiger32.9Senegal: 32.6 % of GDPSenegal32.6India: 32.3 % of GDPIndia32.3North Macedonia: 32.3 % of GDPNorth Macedonia32.3Morocco: 32.1 % of GDPMorocco32.1Vietnam: 32 % of GDPVietnam32Bangladesh: 31.8 % of GDPBangladesh31.8Oman: 31.7 % of GDPOman31.7Montenegro: 31.4 % of GDPMontenegro31.4Türkiye: 31.3 % of GDPTürkiye31.3South Korea: 31.2 % of GDPSouth Korea31.2Cambodia: 30.7 % of GDPCambodia30.7Faroe Islands: 29.7 % of GDPFaroe Islands29.7Republic of the Congo: 29.5 % of GDPRepublic of the Congo29.5Palau: 28.8 % of GDPPalau28.8Democratic Republic of the Congo: 28.7 % of GDPDemocratic Republic of the Congo28.7
% of GDP. Source: World Bank, Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2018
% of GDP
Change on 2017
1Bhutan54-0.2 pts
2Maldives49+6.2 pts
3Algeria46.5-1.8 pts
4Mauritania46.4+8.6 pts
5Mozambique46+13.8 pts
6China43.3+0.8 pts
7Qatar41.6-1.8 pts
8Panama41.2-0.3 pts
9Curaçao41.1+10.2 pts
10Brunei41.1+6.3 pts
11Nepal39.5+2.2 pts
12Mongolia39.4+12 pts
13Zambia38.6-2.4 pts
14Tanzania38.4+6 pts
15Sri Lanka38.1-1.7 pts
16Tajikistan37.3+7.3 pts
17Iran36.2+0.9 pts
18Kyrgyzstan36+3.1 pts
19Timor-Leste35.9+0.3 pts
20Bahrain35.6+2 pts
21Indonesia34.6+0.9 pts
22Ethiopia34.2-4.3 pts
23Uzbekistan33.5+7.2 pts
24Samoa33.1+1 pts
25Niger32.9+3.5 pts
26Senegal32.6+2.9 pts
27India32.3+1.4 pts
28North Macedonia32.3+0.1 pts
29Morocco32.1+0.5 pts
30Vietnam32-0.3 pts
31Bangladesh31.8+0.9 pts
32Oman31.7-2.2 pts
33Montenegro31.4+2.7 pts
34Türkiye31.3-1.5 pts
35South Korea31.2-0.7 pts
36Cambodia30.7+0.1 pts
37Faroe Islands29.7+6.3 pts
38Republic of the Congo29.5-16.4 pts
39Palau28.8-4 pts
40Democratic Republic of the Congo28.7+1.1 pts
41Palestine28.3+0.8 pts
42Ireland28.2-5.9 pts
43Belarus28.10 pts
44Georgia27.9+2.8 pts
45Estonia27.9+1.9 pts
46New Caledonia27.6-0.2 pts
47Cape Verde27.5-1.8 pts
48French Polynesia27.5+7.8 pts
49Switzerland27.3+0.1 pts
50Philippines27.2+1.6 pts
51Japan27.1+0.5 pts
52Albania27.1-0.5 pts
53Hungary27.1+3.8 pts
54Moldova26.6+4.7 pts
55Honduras26.6+1.8 pts
56Benin26.4+2.4 pts
57Central African Republic26+0.4 pts
58Norway26-0 pts
59Botswana25.9+0.9 pts
60Austria25.9+0.9 pts
61Finland25.7+1.4 pts
62Czechia25.6+0.6 pts
63Bahamas25.6-1.9 pts
64Belgium25.6+1.2 pts
65Kuwait25.5-2.2 pts
66Sweden25.3+0.2 pts
67Kazakhstan25.3-1.1 pts
68Thailand25.2+2.3 pts
69Dominican Republic25.2+4 pts
70Bosnia and Herzegovina24.8-0.4 pts
71Singapore24.7-2.5 pts
72Australia24.6+0.5 pts
73Tonga24.5-3.4 pts
74Mali24.5-1.1 pts
75Uganda24.3-0.3 pts
76Chile24.2+1.6 pts
77Slovakia24.2+0.6 pts
78Israel24.2+0.9 pts
79New Zealand24.2+0.3 pts
80Nicaragua24.1-5.8 pts
81Bolivia24-0.3 pts
82Angola23.9-4.8 pts
83Malaysia23.9-1.6 pts
84Latvia23.9+1.2 pts
85Mexico23.5-0.4 pts
86Canada23.4-0.2 pts
87Romania23-0.9 pts
88Tunisia23+1.7 pts
89Trinidad and Tobago22.9+2 pts
90Vanuatu22.9-5.7 pts
91Paraguay22.8+2.2 pts
92Marshall Islands22.6-0 pts
93France22.6+0.4 pts
94Ecuador22.5+0.1 pts
95Denmark22.5+0.6 pts
96Serbia22.5+2.8 pts
97Croatia22.5+1.6 pts
98Lebanon22.5+0.7 pts
99Lithuania22.4+1.9 pts
100Aruba22.4+1.9 pts
101Armenia22.4+4 pts
102Saudi Arabia22.4-3.1 pts
103Côte d’Ivoire22.3+1.4 pts
104Iceland22.2+0.6 pts
105Hong Kong22-0.1 pts
106Seychelles22-2.5 pts
107Chad21.9+3.4 pts
108Russia21.9-1.7 pts
109Greenland21.7-1.9 pts
110Burkina Faso21.7-0.3 pts
111Ghana21.7+2.1 pts
112Germany21.7+1 pts
113United States21.6+0.4 pts
114Slovenia21.6+1.3 pts
115Lesotho21.4-0.8 pts
116Poland21.4+1.5 pts
117Peru21.3+0.6 pts
118Malawi21.3+1 pts
119Colombia21.2-0.4 pts
120Bulgaria21.2+1.3 pts
121United Arab Emirates21.2+0.6 pts
122Fiji21-0.4 pts
123Gambia20.9-2.1 pts
124Spain20.7+1.1 pts
125Madagascar20.7+4.9 pts
126Egypt20.6+1.9 pts
127San Marino20.6+1.5 pts
128Netherlands20.5+0.3 pts
129Azerbaijan20.1-4.2 pts
130Eswatini19.8+2.2 pts
131Malta19.7+0.5 pts
132Guinea19.5-2.7 pts
133Cameroon19.5+0.1 pts
134Kenya19.4-1.3 pts
135Gabon19.3-2 pts
136Guinea-Bissau19.2+1 pts
137Solomon Islands19.1-0.4 pts
138Togo19.1+2.3 pts
139Cyprus18.9-1.4 pts
140Kiribati18.9-8.1 pts
141United Kingdom18.9-0.3 pts
142Italy18.7+0.5 pts
143Mauritius18.6+1.2 pts
144Ukraine18.6-1.4 pts
145Portugal18.5+1.1 pts
146El Salvador18.4+1.7 pts
147Costa Rica18.2+0.1 pts
148Rwanda17.9-6.2 pts
149Iraq17.6-0.3 pts
150Macao17.3-2.3 pts
151Pakistan17.1+0.7 pts
152Luxembourg17-1.9 pts
153Argentina16.6-1.6 pts
154Belize16.5+1.5 pts
155South Africa16.2-0.4 pts
156Somalia16.1+2.3 pts
157Haiti16.1-4.1 pts
158Sierra Leone15.6-3.5 pts
159Puerto Rico15.3+7.5 pts
160Libya15.1+1.4 pts
161Brazil15.1+0.5 pts
162Namibia14.9-2.9 pts
163Comoros14.9+1.4 pts
164Uruguay14.9-1.1 pts
165Zimbabwe14.1-0.6 pts
166Guatemala13.8+0.2 pts
167São Tomé and Príncipe13.8-1.6 pts
168Bermuda13.4-0.4 pts
169Greece13+1.1 pts
170Equatorial Guinea12.5-1.5 pts
171Cuba12+1.7 pts
172Sudan10-0.8 pts
173Yemen6.2+4.1 pts
174Venezuela4.3-0.8 pts
175Djibouti2.8-18.8 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. 11 countries with data in other periods have no value for 2018 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, 2018) [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, 2018. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS. Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries?period=2018. 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, 2018. 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?period=2018.

Harvard

World Bank (2026) Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS), Countries by gross capital formation, share of GDP, 2018 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS, via Invokely: https://invokely.ai/rankings/gross-capital-formation-gdp/countries?period=2018 (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_capital_2018,
  author = {{World Bank}},
  title = {{Gross capital formation (\% of GDP) (NE.GDI.TOTL.ZS): Countries by gross capital formation, share of GDP, 2018}},
  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?period=2018. 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, 2018
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?period=2018
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries?period=2018.
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?

Bhutan, with 54% of GDP in 2018, according to the World Bank.

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

Djibouti, with 2.8% of GDP in 2018.

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. 11 countries have no value for 2018 and are not ranked.

Gross capital formation, share of GDP: other rankings

Countries: more rankings