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

Countries by gross capital formation, share of GDP

Bhutan had the highest gross capital formation, share of GDP of 174 countries in 2022, at 55.8% of GDP. Djibouti had the lowest, at -10.6% of GDP. The median was 24.1% of GDP and the figure for the World was 27.5% of GDP. Source: the World Bank.

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Highest55.8Bhutan
Lowest-10.6Djibouti
Median24.1174 countries
World27.5History

Map of countries, 2022

United Arab Emirates: 26.1 % of GDPAfghanistan: 16.7 % of GDPAlbania: 26.8 % of GDPArmenia: 22.3 % of GDPAngola: 14.5 % of GDPArgentina: 17.4 % of GDPAustria: 29.2 % of GDPAustralia: 23.7 % of GDPAzerbaijan: 12 % of GDPBosnia and Herzegovina: 27.9 % of GDPBangladesh: 32 % of GDPBelgium: 27.4 % of GDPBurkina Faso: 18.1 % of GDPBulgaria: 22.7 % of GDPBenin: 31.1 % of GDPBrunei: 25.9 % of GDPBolivia: 18 % of GDPBrazil: 18.1 % of GDPBahamas: 23.8 % of GDPBhutan: 55.8 % of GDPBotswana: 26.8 % of GDPBelarus: 21.6 % of GDPBelize: 20.2 % of GDPCanada: 25 % of GDPDemocratic Republic of the Congo: 36.7 % of GDPCentral African Republic: 24.3 % of GDPRepublic of the Congo: 21 % of GDPSwitzerland: 26.7 % of GDPCôte d’Ivoire: 27.5 % of GDPChile: 25.8 % of GDPCameroon: 19.1 % of GDPChina: 42.4 % of GDPColombia: 19.8 % of GDPCosta Rica: 18.4 % of GDPCuba: 18.3 % of GDPCape Verde: 21.9 % of GDPCyprus: 20.6 % of GDPCzechia: 31 % of GDPGermany: 23.3 % of GDPDjibouti: -10.6 % of GDPDenmark: 24.8 % of GDPDominican Republic: 30.7 % of GDPAlgeria: 35.1 % of GDPEcuador: 22.4 % of GDPEstonia: 27.9 % of GDPEgypt: 19.9 % of GDPSpain: 22.7 % of GDPEthiopia: 25.3 % of GDPFinland: 27.3 % of GDPFiji: 21.8 % of GDPFaroe Islands: 32.3 % of GDPFrance: 24 % of GDPGabon: 16 % of GDPUnited Kingdom: 18.3 % of GDPGeorgia: 24.1 % of GDPGhana: 16.4 % of GDPGreenland: 37.8 % of GDPGambia: 28.6 % of GDPGuinea: 14 % of GDPEquatorial Guinea: 7.3 % of GDPGreece: 18.8 % of GDPGuatemala: 16.6 % of GDPGuinea-Bissau: 22.1 % of GDPHong Kong: 15.2 % of GDPHonduras: 26.3 % of GDPCroatia: 26.2 % of GDPHaiti: 15.9 % of GDPHungary: 34.3 % of GDPIndonesia: 29.7 % of GDPIreland: 22.9 % of GDPIsrael: 27.6 % of GDPIndia: 34.4 % of GDPIraq: 24.3 % of GDPIran: 40.7 % of GDPIceland: 24.2 % of GDPItaly: 24.6 % of GDPJapan: 28.3 % of GDPKenya: 19.1 % of GDPKyrgyzstan: 35.6 % of GDPCambodia: 34.6 % of GDPKiribati: 23.3 % of GDPSouth Korea: 33.3 % of GDPKuwait: 16.5 % of GDPKazakhstan: 25 % of GDPLebanon: 1.2 % of GDPSri Lanka: 27.3 % of GDPLesotho: 27.4 % of GDPLithuania: 27.8 % of GDPLuxembourg: 17 % of GDPLatvia: 24.7 % of GDPLibya: 10.5 % of GDPMorocco: 30.5 % of GDPMoldova: 27.3 % of GDPMontenegro: 27.6 % of GDPMadagascar: 20.6 % of GDPNorth Macedonia: 36 % of GDPMali: 22.2 % of GDPMongolia: 42.3 % of GDPMauritania: 49.1 % of GDPMauritius: 20.4 % of GDPMalawi: 15.9 % of GDPMexico: 22.8 % of GDPMalaysia: 23.6 % of GDPMozambique: 43.2 % of GDPNamibia: 20 % of GDPNew Caledonia: 26.2 % of GDPNiger: 33.8 % of GDPNicaragua: 21.7 % of GDPNetherlands: 22.9 % of GDPNorway: 21 % of GDPNepal: 37.6 % of GDPNew Zealand: 26.4 % of GDPOman: 27.3 % of GDPPanama: 35.9 % of GDPPeru: 22.4 % of GDPFrench Polynesia: 22.5 % of GDPPhilippines: 24.7 % of GDPPakistan: 15.6 % of GDPPoland: 22.1 % of GDPPuerto Rico: 14.8 % of GDPPalestine: 26.5 % of GDPPortugal: 21.4 % of GDPPalau: 44.2 % of GDPParaguay: 27.8 % of GDPQatar: 30.6 % of GDPRomania: 27.1 % of GDPSerbia: 26.4 % of GDPRussia: 23.2 % of GDPRwanda: 37.8 % of GDPSaudi Arabia: 26.5 % of GDPSolomon Islands: 20.9 % of GDPSudan: 2.2 % of GDPSweden: 26.9 % of GDPSingapore: 21.9 % of GDPSlovenia: 24.6 % of GDPSlovakia: 23.3 % of GDPSierra Leone: 14.9 % of GDPSenegal: 44.9 % of GDPSomalia: 23.6 % of GDPEl Salvador: 24.5 % of GDPEswatini: 22.1 % of GDPChad: 18 % of GDPTogo: 24.5 % of GDPThailand: 27.8 % of GDPTajikistan: 35.5 % of GDPTimor-Leste: 10.6 % of GDPTunisia: 16.7 % of GDPTürkiye: 38.6 % of GDPTrinidad and Tobago: 17.2 % of GDPTanzania: 41.1 % of GDPUkraine: 12.1 % of GDPUganda: 24.2 % of GDPUnited States: 22 % of GDPUruguay: 18.6 % of GDPUzbekistan: 33.3 % of GDPVenezuela: 6.2 % of GDPVietnam: 32.3 % of GDPVanuatu: 20.9 % of GDPSamoa: 32.2 % of GDPSouth Africa: 15.7 % of GDPZambia: 27 % of GDPZimbabwe: 7.6 % of GDP
  • Under 0
  • 0 to 22
  • 22 to 27
  • 27 and over
  • No data
% of GDP, 2022. Red areas are below zero and blue areas above it. 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, 2022

Bhutan: 55.8 % of GDPBhutan55.8Mauritania: 49.1 % of GDPMauritania49.1Senegal: 44.9 % of GDPSenegal44.9Palau: 44.2 % of GDPPalau44.2Mozambique: 43.2 % of GDPMozambique43.2China: 42.4 % of GDPChina42.4Mongolia: 42.3 % of GDPMongolia42.3Tanzania: 41.1 % of GDPTanzania41.1Iran: 40.7 % of GDPIran40.7Türkiye: 38.6 % of GDPTürkiye38.6Greenland: 37.8 % of GDPGreenland37.8Rwanda: 37.8 % of GDPRwanda37.8Nepal: 37.6 % of GDPNepal37.6Democratic Republic of the Congo: 36.7 % of GDPDemocratic Republic of the Congo36.7North Macedonia: 36 % of GDPNorth Macedonia36Panama: 35.9 % of GDPPanama35.9Kyrgyzstan: 35.6 % of GDPKyrgyzstan35.6Tajikistan: 35.5 % of GDPTajikistan35.5Algeria: 35.1 % of GDPAlgeria35.1Cambodia: 34.6 % of GDPCambodia34.6India: 34.4 % of GDPIndia34.4Hungary: 34.3 % of GDPHungary34.3Niger: 33.8 % of GDPNiger33.8South Korea: 33.3 % of GDPSouth Korea33.3Uzbekistan: 33.3 % of GDPUzbekistan33.3Maldives: 33 % of GDPMaldives33Vietnam: 32.3 % of GDPVietnam32.3Faroe Islands: 32.3 % of GDPFaroe Islands32.3Samoa: 32.2 % of GDPSamoa32.2Bangladesh: 32 % of GDPBangladesh32Benin: 31.1 % of GDPBenin31.1Czechia: 31 % of GDPCzechia31Dominican Republic: 30.7 % of GDPDominican Republic30.7Qatar: 30.6 % of GDPQatar30.6Morocco: 30.5 % of GDPMorocco30.5Indonesia: 29.7 % of GDPIndonesia29.7Austria: 29.2 % of GDPAustria29.2Gambia: 28.6 % of GDPGambia28.6Japan: 28.3 % of GDPJapan28.3Estonia: 27.9 % of GDPEstonia27.9Bhutan: 55.8 % of GDPBhutan55.8Mauritania: 49.1 % of GDPMauritania49.1Senegal: 44.9 % of GDPSenegal44.9Palau: 44.2 % of GDPPalau44.2Mozambique: 43.2 % of GDPMozambique43.2China: 42.4 % of GDPChina42.4Mongolia: 42.3 % of GDPMongolia42.3Tanzania: 41.1 % of GDPTanzania41.1Iran: 40.7 % of GDPIran40.7Türkiye: 38.6 % of GDPTürkiye38.6Greenland: 37.8 % of GDPGreenland37.8Rwanda: 37.8 % of GDPRwanda37.8Nepal: 37.6 % of GDPNepal37.6Democratic Republic of the Congo: 36.7 % of GDPDemocratic Republic of the Congo36.7North Macedonia: 36 % of GDPNorth Macedonia36Panama: 35.9 % of GDPPanama35.9Kyrgyzstan: 35.6 % of GDPKyrgyzstan35.6Tajikistan: 35.5 % of GDPTajikistan35.5Algeria: 35.1 % of GDPAlgeria35.1Cambodia: 34.6 % of GDPCambodia34.6India: 34.4 % of GDPIndia34.4Hungary: 34.3 % of GDPHungary34.3Niger: 33.8 % of GDPNiger33.8South Korea: 33.3 % of GDPSouth Korea33.3Uzbekistan: 33.3 % of GDPUzbekistan33.3Maldives: 33 % of GDPMaldives33Vietnam: 32.3 % of GDPVietnam32.3Faroe Islands: 32.3 % of GDPFaroe Islands32.3Samoa: 32.2 % of GDPSamoa32.2Bangladesh: 32 % of GDPBangladesh32Benin: 31.1 % of GDPBenin31.1Czechia: 31 % of GDPCzechia31Dominican Republic: 30.7 % of GDPDominican Republic30.7Qatar: 30.6 % of GDPQatar30.6Morocco: 30.5 % of GDPMorocco30.5Indonesia: 29.7 % of GDPIndonesia29.7Austria: 29.2 % of GDPAustria29.2Gambia: 28.6 % of GDPGambia28.6Japan: 28.3 % of GDPJapan28.3Estonia: 27.9 % of GDPEstonia27.9
% of GDP. Source: World Bank, Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2022
% of GDP		Change on 2021
1Bhutan55.8+11.4 pts
2Mauritania49.1+8.5 pts
3Senegal44.9+6.6 pts
4Palau44.2+6.3 pts
5Mozambique43.2+2.8 pts
6China42.4-0.3 pts
7Mongolia42.3+5.6 pts
8Tanzania41.1+1.4 pts
9Iran40.7-0.8 pts
10Türkiye38.6+4.2 pts
11Greenland37.8+0.7 pts
12Rwanda37.8+1.7 pts
13Nepal37.6+2.5 pts
14Democratic Republic of the Congo36.7+4.1 pts
15North Macedonia36+3.8 pts
16Panama35.9+4.6 pts
17Kyrgyzstan35.6+9.1 pts
18Tajikistan35.5+0.6 pts
19Algeria35.1-4 pts
20Cambodia34.6+4.2 pts
21India34.4+2.3 pts
22Hungary34.3+3.3 pts
23Niger33.8+2 pts
24South Korea33.3+0.8 pts
25Uzbekistan33.3-2.6 pts
26Maldives33+7.8 pts
27Vietnam32.3-0.6 pts
28Faroe Islands32.3+3.5 pts
29Samoa32.2-3 pts
30Bangladesh32+1 pts
31Benin31.1+2.3 pts
32Czechia31+2.9 pts
33Dominican Republic30.7+0.4 pts
34Qatar30.6-6.2 pts
35Morocco30.5-0.2 pts
36Indonesia29.7-1.7 pts
37Austria29.2+1.6 pts
38Gambia28.6-1.7 pts
39Japan28.3+1 pts
40Estonia27.9-3 pts
41Bosnia and Herzegovina27.9+1.6 pts
42Thailand27.8-0.9 pts
43Lithuania27.8+5.9 pts
44Paraguay27.8+3.8 pts
45Israel27.6+1.5 pts
46Montenegro27.6+2.1 pts
47Côte d’Ivoire27.5+3.9 pts
48Lesotho27.4-1.1 pts
49Belgium27.4+2.9 pts
50Tonga27.3-5.8 pts
51Oman27.3-0.5 pts
52Moldova27.3+0.5 pts
53Finland27.3+2.5 pts
54Sri Lanka27.3-9.5 pts
55Romania27.1+0.6 pts
56Zambia27-4.4 pts
57Sweden26.9+1.7 pts
58Albania26.8-1.9 pts
59Botswana26.8-0.6 pts
60Switzerland26.7-1.5 pts
61Palestine26.5+1.1 pts
62Saudi Arabia26.5+0.2 pts
63Marshall Islands26.4+6.8 pts
64New Zealand26.4+1.2 pts
65Serbia26.4+1.4 pts
66Malta26.4+3.3 pts
67Honduras26.3+2.1 pts
68Croatia26.2+4.4 pts
69New Caledonia26.2-0 pts
70United Arab Emirates26.1+0.7 pts
71Brunei25.9-5.4 pts
72Chile25.8+1.6 pts
73Ethiopia25.3-2.7 pts
74Canada25+0.7 pts
75Kazakhstan25-1.6 pts
76Denmark24.8+0.8 pts
77Philippines24.7+3.5 pts
78Latvia24.7-1.1 pts
79Italy24.6+2.6 pts
80Bahrain24.6-3.5 pts
81Slovenia24.6+2.8 pts
82Togo24.5+3 pts
83El Salvador24.5+1.1 pts
84Central African Republic24.3-1 pts
85Iraq24.3+2.9 pts
86Iceland24.2+1.4 pts
87Uganda24.2+0.1 pts
88Georgia24.1+3.4 pts
89France24+0.6 pts
90Bahamas23.8-0.6 pts
91Australia23.7+0.8 pts
92Somalia23.6+5.7 pts
93Malaysia23.6+1.5 pts
94Slovakia23.3+0.6 pts
95Germany23.3+0.6 pts
96Kiribati23.3+5.5 pts
97Macao23.2+0.1 pts
98Russia23.2+0.2 pts
99San Marino23+0.8 pts
100Ireland22.9-0.1 pts
101Netherlands22.9+0.7 pts
102Mexico22.8+1.1 pts
103Spain22.7+0.8 pts
104Bulgaria22.7+2 pts
105French Polynesia22.5+0.5 pts
106Ecuador22.4+1.7 pts
107Peru22.40 pts
108Armenia22.3-0.7 pts
109Mali22.2-1.6 pts
110Guinea-Bissau22.1+0.7 pts
111Eswatini22.1+2.3 pts
112Poland22.1+0.2 pts
113United States22+0.6 pts
114Cape Verde21.9-5.9 pts
115Singapore21.9-2.2 pts
116Fiji21.8+1.6 pts
117Nicaragua21.7-2 pts
118Belarus21.6-2.8 pts
119Portugal21.4+0.4 pts
120Norway21-2.4 pts
121Republic of the Congo21-1 pts
122Vanuatu20.9+4 pts
123Solomon Islands20.9-1.6 pts
124Madagascar20.6+4.2 pts
125Cyprus20.6+0.9 pts
126Mauritius20.4+0.9 pts
127Belize20.2-1.5 pts
128Namibia20+2.5 pts
129Egypt19.9+1.6 pts
130Colombia19.8+0.9 pts
131Aruba19.6-0.6 pts
132Cameroon19.1+1 pts
133Kenya19.1-1.3 pts
134Greece18.8+1.3 pts
135Uruguay18.6+0.4 pts
136Seychelles18.5+2 pts
137Costa Rica18.4+0.6 pts
138United Kingdom18.3-0.6 pts
139Cuba18.3-5.5 pts
140Brazil18.1-1.4 pts
141Burkina Faso18.1+2.6 pts
142Bolivia18+0.3 pts
143Chad18-2 pts
144Argentina17.4-0.7 pts
145Trinidad and Tobago17.2-3.1 pts
146Luxembourg17-1.7 pts
147Afghanistan16.7+3.7 pts
148Tunisia16.7+0.8 pts
149Guatemala16.6-0.1 pts
150Kuwait16.5+2.1 pts
151Ghana16.4-0.6 pts
152Gabon16-1.4 pts
153Malawi15.9-1 pts
154Haiti15.9-2.2 pts
155South Africa15.7+2.8 pts
156Pakistan15.6+1 pts
157Hong Kong15.2-1.5 pts
158Sierra Leone14.9+0.8 pts
159Puerto Rico14.8+3.4 pts
160Angola14.5-1.7 pts
161Guinea14-2.1 pts
162Comoros13.3-0.2 pts
163Bermuda12.7-0.2 pts
164Ukraine12.1-2.4 pts
165Azerbaijan12-5.1 pts
166Timor-Leste10.6-3.8 pts
167Libya10.5-1.6 pts
168São Tomé and Príncipe8.3-2 pts
169Zimbabwe7.6-2.3 pts
170Equatorial Guinea7.3-0.9 pts
171Venezuela6.2-2.7 pts
172Sudan2.2-1.3 pts
173Lebanon1.2-4.1 pts
174Djibouti-10.6+5.1 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. 12 countries with data in other periods have no value for 2022 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

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS) (Countries by gross capital formation, share of GDP, 2022) [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, 2022. 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=2022. 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, 2022. 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=2022.

Harvard

World Bank (2026) Gross capital formation (% of GDP) (NE.GDI.TOTL.ZS), Countries by gross capital formation, share of GDP, 2022 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.TOTL.ZS, via Invokely: https://invokely.ai/rankings/gross-capital-formation-gdp/countries?period=2022 (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_capital_2022,
  author = {{World Bank}},
  title = {{Gross capital formation (\% of GDP) (NE.GDI.TOTL.ZS): Countries by gross capital formation, share of GDP, 2022}},
  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=2022. 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, 2022
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=2022
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-capital-formation-gdp/countries?period=2022.
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 55.8% of GDP in 2022, according to the World Bank.

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

Djibouti, with -10.6% of GDP in 2022.

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. 12 countries have no value for 2022 and are not ranked.

Gross capital formation, share of GDP: other rankings

Countries: more rankings