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

Countries by gross fixed capital formation, share of GDP, 2024

Bhutan had the highest gross fixed capital formation, share of GDP of 164 countries in 2024, at 42.1% of GDP. Lebanon had the lowest, at 1.4% of GDP. The median was 22.1% of GDP and the figure for the World was 25.6% of GDP. Source: the World Bank.

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Highest42.1Bhutan
Lowest1.4Lebanon
Median22.1164 countries
World25.6History

Map of countries, 2024

Afghanistan: 17 % of GDPAlbania: 24.4 % of GDPArmenia: 21.4 % of GDPAngola: 10.6 % of GDPArgentina: 15.9 % of GDPAustria: 23.5 % of GDPAustralia: 24.1 % of GDPAzerbaijan: 17.6 % of GDPBosnia and Herzegovina: 24.4 % of GDPBangladesh: 30.7 % of GDPBelgium: 24.3 % of GDPBurkina Faso: 17.2 % of GDPBulgaria: 18.3 % of GDPBenin: 34.7 % of GDPBrunei: 27.7 % of GDPBolivia: 16.6 % of GDPBrazil: 16.9 % of GDPBahamas: 25.7 % of GDPBhutan: 42.1 % of GDPBotswana: 28.5 % of GDPBelarus: 23.5 % of GDPBelize: 21.1 % of GDPCanada: 22.9 % of GDPDemocratic Republic of the Congo: 31.4 % of GDPCentral African Republic: 15.1 % of GDPRepublic of the Congo: 26.5 % of GDPSwitzerland: 26.5 % of GDPCôte d’Ivoire: 19.7 % of GDPChile: 23.7 % of GDPCameroon: 18.2 % of GDPChina: 39.7 % of GDPColombia: 16.2 % of GDPCosta Rica: 16.3 % of GDPCuba: 12.8 % of GDPCyprus: 20.5 % of GDPCzechia: 26.5 % of GDPGermany: 20.5 % of GDPDjibouti: 24.2 % of GDPDenmark: 23.3 % of GDPDominican Republic: 26.1 % of GDPAlgeria: 35.2 % of GDPEcuador: 19 % of GDPEstonia: 23.9 % of GDPEgypt: 11.7 % of GDPSpain: 20.3 % of GDPEthiopia: 20.6 % of GDPFinland: 22.1 % of GDPFiji: 20.1 % of GDPFrance: 22.1 % of GDPGabon: 19.1 % of GDPUnited Kingdom: 18.7 % of GDPGeorgia: 21.3 % of GDPGhana: 9.7 % of GDPGambia: 29.9 % of GDPGuinea: 33.2 % of GDPEquatorial Guinea: 6.5 % of GDPGreece: 16 % of GDPGuatemala: 16 % of GDPGuinea-Bissau: 23.3 % of GDPHong Kong: 16.6 % of GDPHonduras: 24.2 % of GDPCroatia: 25.2 % of GDPHaiti: 12.1 % of GDPHungary: 23.2 % of GDPIndonesia: 29.1 % of GDPIreland: 17.3 % of GDPIsrael: 23.1 % of GDPIndia: 31.6 % of GDPIraq: 14.4 % of GDPIran: 28.1 % of GDPIceland: 26.8 % of GDPItaly: 21.5 % of GDPJapan: 27.8 % of GDPKenya: 17.6 % of GDPKyrgyzstan: 23.3 % of GDPCambodia: 31.6 % of GDPKiribati: 29 % of GDPSouth Korea: 30 % of GDPKuwait: 16.7 % of GDPKazakhstan: 24.3 % of GDPLebanon: 1.4 % of GDPSri Lanka: 19.1 % of GDPLesotho: 29.3 % of GDPLithuania: 22.4 % of GDPLuxembourg: 15.4 % of GDPLatvia: 22.2 % of GDPLibya: 14.3 % of GDPMorocco: 26.5 % of GDPMoldova: 20.5 % of GDPMontenegro: 21.1 % of GDPMadagascar: 20.4 % of GDPNorth Macedonia: 23.5 % of GDPMali: 20.9 % of GDPMongolia: 27.2 % of GDPMauritania: 25.8 % of GDPMauritius: 21 % of GDPMexico: 23.8 % of GDPMalaysia: 20.5 % of GDPNamibia: 24 % of GDPNew Caledonia: 22.1 % of GDPNiger: 22.4 % of GDPNicaragua: 23 % of GDPNetherlands: 19.9 % of GDPNorway: 22.9 % of GDPNepal: 24.5 % of GDPNew Zealand: 23.4 % of GDPOman: 25.5 % of GDPPanama: 31.4 % of GDPPeru: 20.6 % of GDPFrench Polynesia: 21.9 % of GDPPhilippines: 23.6 % of GDPPakistan: 11.5 % of GDPPoland: 17 % of GDPPuerto Rico: 13.7 % of GDPPalestine: 22.1 % of GDPPortugal: 20.4 % of GDPPalau: 35.8 % of GDPParaguay: 20.8 % of GDPRomania: 25.3 % of GDPSerbia: 23.8 % of GDPRussia: 22.4 % of GDPRwanda: 32.9 % of GDPSaudi Arabia: 30.6 % of GDPSolomon Islands: 19.5 % of GDPSudan: 2.9 % of GDPSweden: 25.1 % of GDPSingapore: 21 % of GDPSlovenia: 20.9 % of GDPSlovakia: 20.4 % of GDPSierra Leone: 19.6 % of GDPSenegal: 31.1 % of GDPSomalia: 26.7 % of GDPEl Salvador: 22.8 % of GDPEswatini: 16.1 % of GDPChad: 15.5 % of GDPThailand: 22.1 % of GDPTajikistan: 30.2 % of GDPTimor-Leste: 27 % of GDPTurkmenistan: 17.6 % of GDPTunisia: 15.2 % of GDPTürkiye: 31.3 % of GDPTanzania: 41.1 % of GDPUkraine: 18.5 % of GDPUganda: 21.6 % of GDPUnited States: 21.3 % of GDPUruguay: 16.3 % of GDPUzbekistan: 35.3 % of GDPVenezuela: 3.8 % of GDPVietnam: 29 % of GDPVanuatu: 24.4 % of GDPSamoa: 27.8 % of GDPSouth Africa: 14.5 % of GDPZambia: 21.6 % of GDPZimbabwe: 7.9 % of GDP
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% of GDP, 2024. Hatched areas have no value for this period. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Boundaries: Natural Earth (public domain).

Top 40 countries, 2024

Bhutan: 42.1 % of GDPBhutan42.1Tanzania: 41.1 % of GDPTanzania41.1China: 39.7 % of GDPChina39.7Palau: 35.8 % of GDPPalau35.8Uzbekistan: 35.3 % of GDPUzbekistan35.3Algeria: 35.2 % of GDPAlgeria35.2Maldives: 34.8 % of GDPMaldives34.8Benin: 34.7 % of GDPBenin34.7Guinea: 33.2 % of GDPGuinea33.2Rwanda: 32.9 % of GDPRwanda32.9India: 31.6 % of GDPIndia31.6Cambodia: 31.6 % of GDPCambodia31.6Panama: 31.4 % of GDPPanama31.4Democratic Republic of the Congo: 31.4 % of GDPDemocratic Republic of the Congo31.4Türkiye: 31.3 % of GDPTürkiye31.3Senegal: 31.1 % of GDPSenegal31.1Bangladesh: 30.7 % of GDPBangladesh30.7Saudi Arabia: 30.6 % of GDPSaudi Arabia30.6Tajikistan: 30.2 % of GDPTajikistan30.2South Korea: 30 % of GDPSouth Korea30Gambia: 29.9 % of GDPGambia29.9Lesotho: 29.3 % of GDPLesotho29.3Indonesia: 29.1 % of GDPIndonesia29.1Vietnam: 29 % of GDPVietnam29Kiribati: 29 % of GDPKiribati29Bahrain: 28.9 % of GDPBahrain28.9Botswana: 28.5 % of GDPBotswana28.5Iran: 28.1 % of GDPIran28.1Samoa: 27.8 % of GDPSamoa27.8Japan: 27.8 % of GDPJapan27.8Brunei: 27.7 % of GDPBrunei27.7Mongolia: 27.2 % of GDPMongolia27.2Timor-Leste: 27 % of GDPTimor-Leste27Iceland: 26.8 % of GDPIceland26.8Somalia: 26.7 % of GDPSomalia26.7Republic of the Congo: 26.5 % of GDPRepublic of the Congo26.5Czechia: 26.5 % of GDPCzechia26.5Morocco: 26.5 % of GDPMorocco26.5Switzerland: 26.5 % of GDPSwitzerland26.5Tonga: 26.2 % of GDPTonga26.2Bhutan: 42.1 % of GDPBhutan42.1Tanzania: 41.1 % of GDPTanzania41.1China: 39.7 % of GDPChina39.7Palau: 35.8 % of GDPPalau35.8Uzbekistan: 35.3 % of GDPUzbekistan35.3Algeria: 35.2 % of GDPAlgeria35.2Maldives: 34.8 % of GDPMaldives34.8Benin: 34.7 % of GDPBenin34.7Guinea: 33.2 % of GDPGuinea33.2Rwanda: 32.9 % of GDPRwanda32.9India: 31.6 % of GDPIndia31.6Cambodia: 31.6 % of GDPCambodia31.6Panama: 31.4 % of GDPPanama31.4Democratic Republic of the Congo: 31.4 % of GDPDemocratic Republic of the Congo31.4Türkiye: 31.3 % of GDPTürkiye31.3Senegal: 31.1 % of GDPSenegal31.1Bangladesh: 30.7 % of GDPBangladesh30.7Saudi Arabia: 30.6 % of GDPSaudi Arabia30.6Tajikistan: 30.2 % of GDPTajikistan30.2South Korea: 30 % of GDPSouth Korea30Gambia: 29.9 % of GDPGambia29.9Lesotho: 29.3 % of GDPLesotho29.3Indonesia: 29.1 % of GDPIndonesia29.1Vietnam: 29 % of GDPVietnam29Kiribati: 29 % of GDPKiribati29Bahrain: 28.9 % of GDPBahrain28.9Botswana: 28.5 % of GDPBotswana28.5Iran: 28.1 % of GDPIran28.1Samoa: 27.8 % of GDPSamoa27.8Japan: 27.8 % of GDPJapan27.8Brunei: 27.7 % of GDPBrunei27.7Mongolia: 27.2 % of GDPMongolia27.2Timor-Leste: 27 % of GDPTimor-Leste27Iceland: 26.8 % of GDPIceland26.8Somalia: 26.7 % of GDPSomalia26.7Republic of the Congo: 26.5 % of GDPRepublic of the Congo26.5Czechia: 26.5 % of GDPCzechia26.5Morocco: 26.5 % of GDPMorocco26.5Switzerland: 26.5 % of GDPSwitzerland26.5Tonga: 26.2 % of GDPTonga26.2
% of GDP. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2024
% of GDP		Change on 2023
1Bhutan42.1-2.5 pts
2Tanzania41.1-1.6 pts
3China39.7-0.8 pts
4Palau35.8+0.5 pts
5Uzbekistan35.3+4.4 pts
6Algeria35.2+2.5 pts
7Maldives34.80 pts
8Benin34.7+0.5 pts
9Guinea33.2+8.7 pts
10Rwanda32.9-1.1 pts
11India31.6-0.3 pts
12Cambodia31.6-1.1 pts
13Panama31.4-0.5 pts
14Democratic Republic of the Congo31.4-2.7 pts
15Türkiye31.3-1.6 pts
16Senegal31.1-4.2 pts
17Bangladesh30.7-0.3 pts
18Saudi Arabia30.6+2.7 pts
19Tajikistan30.2+1.9 pts
20South Korea30-1.4 pts
21Gambia29.9+2.5 pts
22Lesotho29.3+1.2 pts
23Indonesia29.1-0 pts
24Vietnam29-1.1 pts
25Kiribati29+4.4 pts
26Bahrain28.9+1.4 pts
27Botswana28.5+3 pts
28Iran28.1+0.7 pts
29Samoa27.8-3.1 pts
30Japan27.8-0 pts
31Brunei27.7-1.7 pts
32Mongolia27.2+1.8 pts
33Timor-Leste27+9.7 pts
34Iceland26.8+1.8 pts
35Somalia26.7+3.1 pts
36Republic of the Congo26.5+1.6 pts
37Czechia26.5-1.4 pts
38Morocco26.5+1.4 pts
39Switzerland26.5-0.4 pts
40Tonga26.2-0 pts
41Dominican Republic26.1-2.9 pts
42Mauritania25.8+1.8 pts
43Bahamas25.7+4 pts
44Oman25.5+1.3 pts
45Romania25.3-1.3 pts
46Croatia25.2+0.4 pts
47Sweden25.1-0.3 pts
48Nepal24.5-0.1 pts
49Vanuatu24.4+3.8 pts
50Bosnia and Herzegovina24.4+0.6 pts
51Albania24.4+0.1 pts
52Kazakhstan24.3-0.6 pts
53Belgium24.3+0.1 pts
54Honduras24.2+0.5 pts
55Djibouti24.2-0.5 pts
56Australia24.1+0.9 pts
57Namibia24-2.2 pts
58Estonia23.9-1.5 pts
59Serbia23.8+0.4 pts
60Mexico23.8+0.5 pts
61Chile23.7-0.7 pts
62Philippines23.6-0.1 pts
63Austria23.5-1.1 pts
64Belarus23.5+1 pts
65North Macedonia23.5-1.2 pts
66New Zealand23.4-1.5 pts
67Guinea-Bissau23.3+2 pts
68Denmark23.3-0.2 pts
69Kyrgyzstan23.3+1.3 pts
70Hungary23.2-2.3 pts
71Israel23.1-1.6 pts
72Nicaragua23+1.5 pts
73Norway22.9+0.4 pts
74Canada22.9-0.1 pts
75Marshall Islands22.9+3.1 pts
76El Salvador22.8+0.4 pts
77Russia22.4+0.3 pts
78Lithuania22.4-1.4 pts
79Niger22.4-7.5 pts
80Latvia22.2-1.8 pts
81New Caledonia22.1-3.4 pts
82France22.1-0.7 pts
83Palestine22.1-1.5 pts
84Thailand22.1-0.8 pts
85Finland22.1-1.3 pts
86French Polynesia21.9-0.7 pts
87Uganda21.6-0.4 pts
88Zambia21.6-4.8 pts
89Italy21.5-1.1 pts
90Armenia21.4+0.8 pts
91United States21.3-0 pts
92Georgia21.3-0.1 pts
93Seychelles21.3-3 pts
94Belize21.1+0.6 pts
95Montenegro21.1+0.6 pts
96Singapore21-0.8 pts
97Mauritius21+0.7 pts
98Slovenia20.9-0.7 pts
99Mali20.9-0.1 pts
100Paraguay20.8+0.2 pts
101Peru20.6-0.5 pts
102Ethiopia20.6-1.6 pts
103Cyprus20.5-1.4 pts
104Malaysia20.5+1.3 pts
105Moldova20.5+1.1 pts
106Germany20.5-0.7 pts
107Madagascar20.4-0 pts
108Portugal20.4-0.1 pts
109Slovakia20.4-0.7 pts
110Spain20.3-0.2 pts
111Fiji20.1+0.6 pts
112Netherlands19.9-0.5 pts
113Côte d’Ivoire19.7-0.9 pts
114Sierra Leone19.6-0.3 pts
115Solomon Islands19.5-2 pts
116Gabon19.1+1.1 pts
117Sri Lanka19.1+0.9 pts
118Ecuador19-0.9 pts
119United Kingdom18.7-0.2 pts
120Malta18.5-0.6 pts
121Ukraine18.5-1.4 pts
122Bulgaria18.3-0.4 pts
123Cameroon18.2-1 pts
124Turkmenistan17.6-0.7 pts
125Azerbaijan17.6+0.2 pts
126Kenya17.6+0.1 pts
127Ireland17.3-7.5 pts
128Burkina Faso17.2-1.2 pts
129Poland17-0.9 pts
130Afghanistan17+1.8 pts
131Brazil16.9+0.5 pts
132Kuwait16.7-1.4 pts
133Bolivia16.6-1.1 pts
134Hong Kong16.6-0.4 pts
135Uruguay16.3-1 pts
136Costa Rica16.3-0.3 pts
137Colombia16.2-0.2 pts
138Eswatini16.1-0 pts
139Greece16+0.2 pts
140Guatemala16-0.4 pts
141Argentina15.9-2.6 pts
142Chad15.5-0.5 pts
143Luxembourg15.4-0.7 pts
144Tunisia15.2-0.5 pts
145Central African Republic15.1+0.5 pts
146South Africa14.5-0.4 pts
147Iraq14.4+1.9 pts
148Libya14.3-2.6 pts
149Puerto Rico13.7-0.1 pts
150Macao13.7-0.9 pts
151Cuba12.8-0.1 pts
152Haiti12.1-1.7 pts
153Comoros12-0.1 pts
154Egypt11.7-3.4 pts
155Pakistan11.5-0.8 pts
156Bermuda11-0.2 pts
157Angola10.6-1.8 pts
158Ghana9.7-0.1 pts
159Zimbabwe7.9-1.7 pts
160São Tomé and Príncipe6.8+0.7 pts
161Equatorial Guinea6.5-2.1 pts
162Venezuela3.8-0.3 pts
163Sudan2.9+0.7 pts
164Lebanon1.4-0.5 pts

Other periods

About this ranking

Acquisitions less disposals of fixed assets, such as buildings, machinery, equipment and intellectual property, plus certain spending that adds to the value of non-produced assets such as land, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

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. 16 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 fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

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APA 7

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

MLA 9

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

Chicago (author-date)

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

Harvard

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

BibTeX
@misc{world_countries_by_gross_fixed_2024,
  author = {{World Bank}},
  title = {{Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS): Countries by gross fixed capital formation, share of GDP, 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries. Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS): Countries by gross fixed 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.FTOT.ZS
L2  - https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries.
N1  - Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

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

Bhutan, with 42.1% of GDP in 2024, according to the World Bank.

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

Lebanon, with 1.4% 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 fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18. 16 countries have no value for 2024 and are not ranked.

Gross fixed capital formation, share of GDP: other rankings

Countries: more rankings