Countries by gross fixed capital formation, share of GDP

Ireland had the highest gross fixed capital formation, share of GDP of 168 countries in 2019, at 53.2% of GDP. Venezuela had the lowest, at 5.6% of GDP. The median was 22.5% of GDP and the figure for the World was 26% of GDP. Source: the World Bank.

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Highest53.2Ireland
Lowest5.6Venezuela
Median22.5168 countries
World26History

Map of countries, 2019

Albania: 24.6 % of GDPArmenia: 15.8 % of GDPAngola: 24.5 % of GDPArgentina: 14.2 % of GDPAustria: 25.1 % of GDPAustralia: 23.3 % of GDPAzerbaijan: 21.1 % of GDPBosnia and Herzegovina: 23.1 % of GDPBangladesh: 32.2 % of GDPBelgium: 24.2 % of GDPBurkina Faso: 18.8 % of GDPBulgaria: 18.7 % of GDPBenin: 25.2 % of GDPBrunei: 38.5 % of GDPBolivia: 22.9 % of GDPBrazil: 15.5 % of GDPBahamas: 24.2 % of GDPBhutan: 45.8 % of GDPBotswana: 28.8 % of GDPBelarus: 27 % of GDPBelize: 16.8 % of GDPCanada: 22.6 % of GDPDemocratic Republic of the Congo: 22.3 % of GDPCentral African Republic: 14.4 % of GDPRepublic of the Congo: 26.1 % of GDPSwitzerland: 27 % of GDPCôte d’Ivoire: 22.2 % of GDPChile: 24.5 % of GDPCameroon: 19.1 % of GDPChina: 42.3 % of GDPColombia: 21.3 % of GDPCosta Rica: 16.5 % of GDPCuba: 11.2 % of GDPCyprus: 18.7 % of GDPCzechia: 25.8 % of GDPGermany: 21.2 % of GDPDjibouti: 29.8 % of GDPDenmark: 21.4 % of GDPDominican Republic: 25 % of GDPAlgeria: 39.9 % of GDPEcuador: 20.7 % of GDPEstonia: 26.6 % of GDPEgypt: 18.8 % of GDPSpain: 20.3 % of GDPEthiopia: 35.3 % of GDPFinland: 24.4 % of GDPFiji: 17.4 % of GDPFrance: 22.4 % of GDPGabon: 21.9 % of GDPUnited Kingdom: 18.8 % of GDPGeorgia: 24 % of GDPGhana: 18 % of GDPGreenland: 30.8 % of GDPGambia: 24.7 % of GDPGuinea: 17.8 % of GDPEquatorial Guinea: 11.4 % of GDPGreece: 11 % of GDPGuatemala: 14.4 % of GDPGuinea-Bissau: 23.9 % of GDPHong Kong: 18.3 % of GDPHonduras: 22.8 % of GDPCroatia: 21.9 % of GDPHaiti: 18.5 % of GDPHungary: 27.1 % of GDPIndonesia: 32.3 % of GDPIreland: 53.2 % of GDPIsrael: 23.1 % of GDPIndia: 28.5 % of GDPIraq: 19.8 % of GDPIran: 25.2 % of GDPIceland: 20.6 % of GDPItaly: 18.1 % of GDPJapan: 27.2 % of GDPKenya: 19 % of GDPKyrgyzstan: 30 % of GDPCambodia: 30.7 % of GDPKiribati: 15.8 % of GDPSouth Korea: 30.1 % of GDPKuwait: 22.7 % of GDPKazakhstan: 23.5 % of GDPLebanon: 13.6 % of GDPSri Lanka: 28.5 % of GDPLesotho: 25.9 % of GDPLithuania: 21.2 % of GDPLuxembourg: 18 % of GDPLatvia: 22.7 % of GDPLibya: 13.8 % of GDPMorocco: 27.2 % of GDPMoldova: 23.4 % of GDPMontenegro: 27.6 % of GDPMadagascar: 21.2 % of GDPNorth Macedonia: 21 % of GDPMali: 24 % of GDPMongolia: 28 % of GDPMauritania: 31.2 % of GDPMauritius: 18.8 % of GDPMexico: 21.7 % of GDPMalaysia: 22.9 % of GDPNamibia: 15.8 % of GDPNew Caledonia: 29.5 % of GDPNiger: 34.6 % of GDPNicaragua: 16.5 % of GDPNetherlands: 20.9 % of GDPNorway: 27.5 % of GDPNepal: 33.8 % of GDPNew Zealand: 23.7 % of GDPOman: 29 % of GDPPanama: 37 % of GDPPeru: 21 % of GDPFrench Polynesia: 25.3 % of GDPPhilippines: 27.2 % of GDPPakistan: 13.8 % of GDPPoland: 19.1 % of GDPPuerto Rico: 15.3 % of GDPPalestine: 25.2 % of GDPPortugal: 18.4 % of GDPPalau: 34.6 % of GDPParaguay: 18.7 % of GDPRomania: 23.3 % of GDPSerbia: 22.3 % of GDPRussia: 20.9 % of GDPRwanda: 21.5 % of GDPSaudi Arabia: 22.5 % of GDPSolomon Islands: 20.4 % of GDPSudan: 14.3 % of GDPSweden: 23.8 % of GDPSingapore: 22.8 % of GDPSlovenia: 19.8 % of GDPSlovakia: 21.7 % of GDPSierra Leone: 17.4 % of GDPSenegal: 29.7 % of GDPSomalia: 16.1 % of GDPEl Salvador: 17.8 % of GDPSyria: 7.4 % of GDPEswatini: 17.7 % of GDPChad: 20.2 % of GDPTogo: 17.8 % of GDPThailand: 22.6 % of GDPTajikistan: 31.5 % of GDPTimor-Leste: 22.9 % of GDPTurkmenistan: 22.7 % of GDPTunisia: 19.4 % of GDPTürkiye: 26.5 % of GDPTrinidad and Tobago: 21 % of GDPTanzania: 42.6 % of GDPUkraine: 17.6 % of GDPUganda: 24.9 % of GDPUnited States: 21.3 % of GDPUruguay: 14.5 % of GDPUzbekistan: 35.3 % of GDPVenezuela: 5.6 % of GDPVietnam: 30.4 % of GDPVanuatu: 14.2 % of GDPSamoa: 32.6 % of GDPSouth Africa: 15.5 % of GDPZambia: 35.8 % of GDPZimbabwe: 7 % of GDP
  • Under 17
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% of GDP, 2019. 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, 2019

Ireland: 53.2 % of GDPIreland53.2Marshall Islands: 50.2 % of GDPMarshall Islands50.2Bhutan: 45.8 % of GDPBhutan45.8Maldives: 44.1 % of GDPMaldives44.1Tanzania: 42.6 % of GDPTanzania42.6China: 42.3 % of GDPChina42.3Algeria: 39.9 % of GDPAlgeria39.9Brunei: 38.5 % of GDPBrunei38.5Panama: 37 % of GDPPanama37Zambia: 35.8 % of GDPZambia35.8Uzbekistan: 35.3 % of GDPUzbekistan35.3Ethiopia: 35.3 % of GDPEthiopia35.3Palau: 34.6 % of GDPPalau34.6Niger: 34.6 % of GDPNiger34.6Nepal: 33.8 % of GDPNepal33.8Samoa: 32.6 % of GDPSamoa32.6Indonesia: 32.3 % of GDPIndonesia32.3Bangladesh: 32.2 % of GDPBangladesh32.2Tajikistan: 31.5 % of GDPTajikistan31.5Mauritania: 31.2 % of GDPMauritania31.2Greenland: 30.8 % of GDPGreenland30.8Cambodia: 30.7 % of GDPCambodia30.7Vietnam: 30.4 % of GDPVietnam30.4South Korea: 30.1 % of GDPSouth Korea30.1Kyrgyzstan: 30 % of GDPKyrgyzstan30Djibouti: 29.8 % of GDPDjibouti29.8Senegal: 29.7 % of GDPSenegal29.7New Caledonia: 29.5 % of GDPNew Caledonia29.5Oman: 29 % of GDPOman29Botswana: 28.8 % of GDPBotswana28.8Sri Lanka: 28.5 % of GDPSri Lanka28.5India: 28.5 % of GDPIndia28.5Mongolia: 28 % of GDPMongolia28Montenegro: 27.6 % of GDPMontenegro27.6Bahrain: 27.5 % of GDPBahrain27.5Norway: 27.5 % of GDPNorway27.5Morocco: 27.2 % of GDPMorocco27.2Japan: 27.2 % of GDPJapan27.2Philippines: 27.2 % of GDPPhilippines27.2Hungary: 27.1 % of GDPHungary27.1Ireland: 53.2 % of GDPIreland53.2Marshall Islands: 50.2 % of GDPMarshall Islands50.2Bhutan: 45.8 % of GDPBhutan45.8Maldives: 44.1 % of GDPMaldives44.1Tanzania: 42.6 % of GDPTanzania42.6China: 42.3 % of GDPChina42.3Algeria: 39.9 % of GDPAlgeria39.9Brunei: 38.5 % of GDPBrunei38.5Panama: 37 % of GDPPanama37Zambia: 35.8 % of GDPZambia35.8Uzbekistan: 35.3 % of GDPUzbekistan35.3Ethiopia: 35.3 % of GDPEthiopia35.3Palau: 34.6 % of GDPPalau34.6Niger: 34.6 % of GDPNiger34.6Nepal: 33.8 % of GDPNepal33.8Samoa: 32.6 % of GDPSamoa32.6Indonesia: 32.3 % of GDPIndonesia32.3Bangladesh: 32.2 % of GDPBangladesh32.2Tajikistan: 31.5 % of GDPTajikistan31.5Mauritania: 31.2 % of GDPMauritania31.2Greenland: 30.8 % of GDPGreenland30.8Cambodia: 30.7 % of GDPCambodia30.7Vietnam: 30.4 % of GDPVietnam30.4South Korea: 30.1 % of GDPSouth Korea30.1Kyrgyzstan: 30 % of GDPKyrgyzstan30Djibouti: 29.8 % of GDPDjibouti29.8Senegal: 29.7 % of GDPSenegal29.7New Caledonia: 29.5 % of GDPNew Caledonia29.5Oman: 29 % of GDPOman29Botswana: 28.8 % of GDPBotswana28.8Sri Lanka: 28.5 % of GDPSri Lanka28.5India: 28.5 % of GDPIndia28.5Mongolia: 28 % of GDPMongolia28Montenegro: 27.6 % of GDPMontenegro27.6Bahrain: 27.5 % of GDPBahrain27.5Norway: 27.5 % of GDPNorway27.5Morocco: 27.2 % of GDPMorocco27.2Japan: 27.2 % of GDPJapan27.2Philippines: 27.2 % of GDPPhilippines27.2Hungary: 27.1 % of GDPHungary27.1
% of GDP. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2019
% of GDP
Change on 2018
1Ireland53.2+25.3 pts
2Marshall Islands50.2+29.2 pts
3Bhutan45.8-7.8 pts
4Maldives44.1-3.7 pts
5Tanzania42.6+3.6 pts
6China42.3-0.1 pts
7Algeria39.9-1.1 pts
8Brunei38.5-2.4 pts
9Panama37-1.6 pts
10Zambia35.8+0.7 pts
11Uzbekistan35.3+6.8 pts
12Ethiopia35.3+1.1 pts
13Palau34.6+5.9 pts
14Niger34.6+2.2 pts
15Nepal33.8+1.4 pts
16Samoa32.6+0.3 pts
17Indonesia32.3+0.1 pts
18Bangladesh32.2+0.4 pts
19Tajikistan31.5-3.9 pts
20Mauritania31.2-1.7 pts
21Greenland30.8+9.4 pts
22Cambodia30.7+0.7 pts
23Vietnam30.40 pts
24South Korea30.1-0.4 pts
25Kyrgyzstan30-1.6 pts
26Djibouti29.8+1.3 pts
27Senegal29.7+1.3 pts
28New Caledonia29.5+1.9 pts
29Oman29-1.5 pts
30Botswana28.8+2.5 pts
31Sri Lanka28.5-2.2 pts
32India28.5-1 pts
33Mongolia28+1.1 pts
34Montenegro27.6-2.2 pts
35Bahrain27.5-2.1 pts
36Norway27.5+3 pts
37Morocco27.2-0.7 pts
38Japan27.2+0.4 pts
39Philippines27.2-0.1 pts
40Hungary27.1+2.2 pts
41Belarus27+0.8 pts
42Switzerland270 pts
43Estonia26.60 pts
44Türkiye26.5-3.8 pts
45Republic of the Congo26.1-0.2 pts
46Tonga25.9+3.5 pts
47Lesotho25.9-0.1 pts
48Czechia25.8+0.9 pts
49French Polynesia25.3-1.7 pts
50Iran25.2+0.7 pts
51Palestine25.2-1.6 pts
52Benin25.2-0.7 pts
53Austria25.1+0.8 pts
54Dominican Republic25+0.2 pts
55Uganda24.9+1.2 pts
56Gambia24.7+3.8 pts
57Albania24.6-1.3 pts
58Chile24.5+1.5 pts
59Angola24.5+0.6 pts
60Finland24.4-0.2 pts
61Belgium24.2+0.5 pts
62Bahamas24.2-0.2 pts
63Mali24+1.2 pts
64Georgia24-0.8 pts
65Guinea-Bissau23.9+4.9 pts
66Sweden23.8-0.8 pts
67New Zealand23.7-0 pts
68San Marino23.5+3.1 pts
69Kazakhstan23.5+2.3 pts
70Moldova23.40 pts
71Australia23.3-1.1 pts
72Romania23.3+2 pts
73Israel23.1-0.4 pts
74Bosnia and Herzegovina23.1+0.2 pts
75Malaysia22.9-1.3 pts
76Bolivia22.9+0.1 pts
77Timor-Leste22.9-10 pts
78Honduras22.8-1.9 pts
79Singapore22.8+0.4 pts
80Kuwait22.7-2 pts
81Turkmenistan22.7-5.5 pts
82Latvia22.7-0.2 pts
83Canada22.6-0.1 pts
84Thailand22.6-0.2 pts
85Saudi Arabia22.5+1 pts
86France22.4+0.5 pts
87Democratic Republic of the Congo22.3-6.4 pts
88Serbia22.3+2.3 pts
89Côte d’Ivoire22.2-0.3 pts
90Seychelles22.1+0.1 pts
91Croatia21.9+1.9 pts
92Gabon21.9+2.6 pts
93Slovakia21.7+0.3 pts
94Mexico21.7-1.4 pts
95Rwanda21.5+2.9 pts
96Denmark21.4-0.4 pts
97United States21.30 pts
98Colombia21.30 pts
99Madagascar21.2+0.2 pts
100Lithuania21.2+0.5 pts
101Germany21.2+0.3 pts
102Azerbaijan21.1+0.4 pts
103North Macedonia21+1 pts
104Trinidad and Tobago21-1.9 pts
105Peru210 pts
106Netherlands20.9+1 pts
107Russia20.9+0.2 pts
108Ecuador20.7-0.3 pts
109Iceland20.6-1.1 pts
110Solomon Islands20.4+3.1 pts
111Spain20.3+0.6 pts
112Chad20.2+2.9 pts
113Malta20.1+1 pts
114Iraq19.8+5.6 pts
115Slovenia19.8+0.2 pts
116Tunisia19.4-0.2 pts
117Poland19.1+0.4 pts
118Cameroon19.1-0.5 pts
119Kenya19-0.1 pts
120Burkina Faso18.8-1.3 pts
121United Kingdom18.8+0.1 pts
122Mauritius18.8+1 pts
123Egypt18.8+0.4 pts
124Bulgaria18.7-0.1 pts
125Paraguay18.7-1.2 pts
126Cyprus18.7+0.1 pts
127Haiti18.5+2.5 pts
128Portugal18.4+0.6 pts
129Hong Kong18.3-3.3 pts
130Italy18.1+0.2 pts
131Luxembourg18+1.9 pts
132Ghana18-3.2 pts
133Guinea17.8-1.7 pts
134Togo17.8-0 pts
135El Salvador17.8+0.6 pts
136Eswatini17.7+0.5 pts
137Ukraine17.6-0 pts
138Sierra Leone17.4+2 pts
139Fiji17.4-1.4 pts
140Belize16.8+0.2 pts
141Costa Rica16.5-1.8 pts
142Nicaragua16.5-5.9 pts
143Somalia16.1-0 pts
144Armenia15.8-0.9 pts
145Kiribati15.8-2.5 pts
146Namibia15.8-1.1 pts
147Brazil15.5+0.4 pts
148South Africa15.5-0.5 pts
149Puerto Rico15.3-0.2 pts
150Bermuda14.7+1.3 pts
151Uruguay14.5-0.3 pts
152Central African Republic14.4-2 pts
153Guatemala14.4+0.7 pts
154Sudan14.3+4.3 pts
155Vanuatu14.2-6.4 pts
156Argentina14.2-1.1 pts
157Macao13.9-2.9 pts
158Pakistan13.8-1.6 pts
159Libya13.8-2.3 pts
160Lebanon13.6-8.2 pts
161Comoros12.6-2.1 pts
162São Tomé and Príncipe11.8-1.7 pts
163Equatorial Guinea11.4-1.3 pts
164Cuba11.2-0.2 pts
165Greece11-0.4 pts
166Syria7.4-1.6 pts
167Zimbabwe7-4 pts
168Venezuela5.6-0.6 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. 12 countries with data in other periods have no value for 2019 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, 2019) [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, 2019. 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?period=2019. 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, 2019. 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?period=2019.

Harvard

World Bank (2026) Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Countries by gross fixed capital formation, share of GDP, 2019 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS, via Invokely: https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries?period=2019 (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_fixed_2019,
  author = {{World Bank}},
  title = {{Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS): Countries by gross fixed capital formation, share of GDP, 2019}},
  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?period=2019. 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, 2019
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?period=2019
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries?period=2019.
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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Which country has the highest gross fixed capital formation, share of GDP?

Ireland, with 53.2% of GDP in 2019, according to the World Bank.

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

Venezuela, with 5.6% of GDP in 2019.

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. 12 countries have no value for 2019 and are not ranked.

Gross fixed capital formation, share of GDP: other rankings

Countries: more rankings