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

Countries by gross fixed capital formation, share of GDP

Bhutan had the highest gross fixed capital formation, share of GDP of 169 countries in 2022, at 55.1% of GDP. Lebanon had the lowest, at 1.2% of GDP. The median was 22.1% of GDP and the figure for the World was 26.1% of GDP. Source: the World Bank.

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Highest55.1Bhutan
Lowest1.2Lebanon
Median22.1169 countries
World26.1History

Map of countries, 2022

Afghanistan: 16.7 % of GDPAlbania: 25.7 % of GDPArmenia: 21.1 % of GDPAngola: 14.5 % of GDPArgentina: 17.6 % of GDPAustria: 25.2 % of GDPAustralia: 23.1 % of GDPAzerbaijan: 12 % of GDPBosnia and Herzegovina: 22.6 % of GDPBangladesh: 32 % of GDPBelgium: 23.9 % of GDPBurkina Faso: 18.1 % of GDPBulgaria: 17 % of GDPBenin: 30.7 % of GDPBrunei: 25.7 % of GDPBolivia: 17.4 % of GDPBrazil: 17.8 % of GDPBahamas: 22.6 % of GDPBhutan: 55.1 % of GDPBotswana: 24.4 % of GDPBelarus: 19.4 % of GDPBelize: 20.5 % of GDPCanada: 23.1 % of GDPDemocratic Republic of the Congo: 36.7 % of GDPCentral African Republic: 14.9 % of GDPRepublic of the Congo: 20.7 % of GDPSwitzerland: 26.3 % of GDPCôte d’Ivoire: 22.3 % of GDPChile: 25.7 % of GDPCameroon: 18.8 % of GDPChina: 41.2 % of GDPColombia: 19.1 % of GDPCosta Rica: 17.3 % of GDPCuba: 11.5 % of GDPCyprus: 20.4 % of GDPCzechia: 27.7 % of GDPGermany: 21.6 % of GDPDjibouti: 29 % of GDPDenmark: 23.1 % of GDPDominican Republic: 30 % of GDPAlgeria: 30.4 % of GDPEcuador: 20.6 % of GDPEstonia: 25.2 % of GDPEgypt: 18 % of GDPSpain: 20.5 % of GDPEthiopia: 25.3 % of GDPFinland: 24.7 % of GDPFiji: 20 % of GDPFrance: 23.5 % of GDPGabon: 16 % of GDPUnited Kingdom: 19 % of GDPGeorgia: 19.8 % of GDPGhana: 16.2 % of GDPGreenland: 36.5 % of GDPGambia: 28.6 % of GDPGuinea: 15.2 % of GDPEquatorial Guinea: 7.6 % of GDPGreece: 15.7 % of GDPGuatemala: 16.7 % of GDPGuinea-Bissau: 20.6 % of GDPHong Kong: 16.1 % of GDPHonduras: 22.5 % of GDPCroatia: 21.7 % of GDPHaiti: 15.9 % of GDPHungary: 27.5 % of GDPIndonesia: 29.1 % of GDPIreland: 21.1 % of GDPIsrael: 25.3 % of GDPIndia: 32.4 % of GDPIraq: 9.7 % of GDPIran: 26.6 % of GDPIceland: 23.8 % of GDPItaly: 21.8 % of GDPJapan: 27.8 % of GDPKenya: 18.6 % of GDPKyrgyzstan: 21.5 % of GDPCambodia: 34 % of GDPKiribati: 22.3 % of GDPSouth Korea: 31.9 % of GDPKuwait: 16.1 % of GDPKazakhstan: 22.1 % of GDPLebanon: 1.2 % of GDPSri Lanka: 23.9 % of GDPLesotho: 27.1 % of GDPLithuania: 22.4 % of GDPLuxembourg: 16.6 % of GDPLatvia: 23.3 % of GDPLibya: 10.5 % of GDPMorocco: 26.6 % of GDPMoldova: 22.1 % of GDPMontenegro: 21.7 % of GDPMadagascar: 21.9 % of GDPNorth Macedonia: 24 % of GDPMali: 21.1 % of GDPMongolia: 29.8 % of GDPMauritania: 29.8 % of GDPMauritius: 19.7 % of GDPMexico: 22.4 % of GDPMalaysia: 18.2 % of GDPNamibia: 16.7 % of GDPNew Caledonia: 26.2 % of GDPNiger: 33 % of GDPNicaragua: 21.4 % of GDPNetherlands: 20.5 % of GDPNorway: 19.4 % of GDPNepal: 29 % of GDPNew Zealand: 25.5 % of GDPOman: 22.9 % of GDPPanama: 29.6 % of GDPPeru: 23.3 % of GDPFrench Polynesia: 22.5 % of GDPPhilippines: 23.3 % of GDPPakistan: 13.9 % of GDPPoland: 16.4 % of GDPPuerto Rico: 13.5 % of GDPPalestine: 25 % of GDPPortugal: 20.6 % of GDPPalau: 42.4 % of GDPParaguay: 22.2 % of GDPRomania: 25.1 % of GDPSerbia: 23.9 % of GDPRussia: 20.1 % of GDPRwanda: 31.6 % of GDPSaudi Arabia: 24.3 % of GDPSolomon Islands: 22 % of GDPSudan: 2.2 % of GDPSweden: 25.6 % of GDPSingapore: 20.3 % of GDPSlovenia: 22 % of GDPSlovakia: 20.9 % of GDPSierra Leone: 18.7 % of GDPSenegal: 34.8 % of GDPSomalia: 23.6 % of GDPEl Salvador: 21.6 % of GDPSyria: 4.4 % of GDPEswatini: 15.1 % of GDPChad: 14.5 % of GDPTogo: 27.1 % of GDPThailand: 23.4 % of GDPTajikistan: 31.7 % of GDPTimor-Leste: 9.9 % of GDPTurkmenistan: 17.7 % of GDPTunisia: 16.3 % of GDPTürkiye: 30.5 % of GDPTrinidad and Tobago: 17.2 % of GDPTanzania: 42.8 % of GDPUkraine: 11.9 % of GDPUganda: 23.4 % of GDPUnited States: 21.3 % of GDPUruguay: 18.9 % of GDPUzbekistan: 28 % of GDPVenezuela: 4.7 % of GDPVietnam: 30.6 % of GDPVanuatu: 19.2 % of GDPSamoa: 30.2 % of GDPSouth Africa: 14.2 % of GDPZambia: 25.1 % of GDPZimbabwe: 7.6 % of GDP
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% of GDP, 2022. 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, 2022

Bhutan: 55.1 % of GDPBhutan55.1Tanzania: 42.8 % of GDPTanzania42.8Palau: 42.4 % of GDPPalau42.4China: 41.2 % of GDPChina41.2Democratic Republic of the Congo: 36.7 % of GDPDemocratic Republic of the Congo36.7Maldives: 36.7 % of GDPMaldives36.7Greenland: 36.5 % of GDPGreenland36.5Senegal: 34.8 % of GDPSenegal34.8Cambodia: 34 % of GDPCambodia34Niger: 33 % of GDPNiger33India: 32.4 % of GDPIndia32.4Bangladesh: 32 % of GDPBangladesh32South Korea: 31.9 % of GDPSouth Korea31.9Tajikistan: 31.7 % of GDPTajikistan31.7Rwanda: 31.6 % of GDPRwanda31.6Benin: 30.7 % of GDPBenin30.7Vietnam: 30.6 % of GDPVietnam30.6Türkiye: 30.5 % of GDPTürkiye30.5Algeria: 30.4 % of GDPAlgeria30.4Samoa: 30.2 % of GDPSamoa30.2Dominican Republic: 30 % of GDPDominican Republic30Mongolia: 29.8 % of GDPMongolia29.8Mauritania: 29.8 % of GDPMauritania29.8Panama: 29.6 % of GDPPanama29.6Indonesia: 29.1 % of GDPIndonesia29.1Nepal: 29 % of GDPNepal29Djibouti: 29 % of GDPDjibouti29Gambia: 28.6 % of GDPGambia28.6Uzbekistan: 28 % of GDPUzbekistan28Japan: 27.8 % of GDPJapan27.8Tonga: 27.7 % of GDPTonga27.7Czechia: 27.7 % of GDPCzechia27.7Hungary: 27.5 % of GDPHungary27.5Togo: 27.1 % of GDPTogo27.1Lesotho: 27.1 % of GDPLesotho27.1Bahrain: 26.8 % of GDPBahrain26.8Iran: 26.6 % of GDPIran26.6Morocco: 26.6 % of GDPMorocco26.6Switzerland: 26.3 % of GDPSwitzerland26.3New Caledonia: 26.2 % of GDPNew Caledonia26.2Bhutan: 55.1 % of GDPBhutan55.1Tanzania: 42.8 % of GDPTanzania42.8Palau: 42.4 % of GDPPalau42.4China: 41.2 % of GDPChina41.2Democratic Republic of the Congo: 36.7 % of GDPDemocratic Republic of the Congo36.7Maldives: 36.7 % of GDPMaldives36.7Greenland: 36.5 % of GDPGreenland36.5Senegal: 34.8 % of GDPSenegal34.8Cambodia: 34 % of GDPCambodia34Niger: 33 % of GDPNiger33India: 32.4 % of GDPIndia32.4Bangladesh: 32 % of GDPBangladesh32South Korea: 31.9 % of GDPSouth Korea31.9Tajikistan: 31.7 % of GDPTajikistan31.7Rwanda: 31.6 % of GDPRwanda31.6Benin: 30.7 % of GDPBenin30.7Vietnam: 30.6 % of GDPVietnam30.6Türkiye: 30.5 % of GDPTürkiye30.5Algeria: 30.4 % of GDPAlgeria30.4Samoa: 30.2 % of GDPSamoa30.2Dominican Republic: 30 % of GDPDominican Republic30Mongolia: 29.8 % of GDPMongolia29.8Mauritania: 29.8 % of GDPMauritania29.8Panama: 29.6 % of GDPPanama29.6Indonesia: 29.1 % of GDPIndonesia29.1Nepal: 29 % of GDPNepal29Djibouti: 29 % of GDPDjibouti29Gambia: 28.6 % of GDPGambia28.6Uzbekistan: 28 % of GDPUzbekistan28Japan: 27.8 % of GDPJapan27.8Tonga: 27.7 % of GDPTonga27.7Czechia: 27.7 % of GDPCzechia27.7Hungary: 27.5 % of GDPHungary27.5Togo: 27.1 % of GDPTogo27.1Lesotho: 27.1 % of GDPLesotho27.1Bahrain: 26.8 % of GDPBahrain26.8Iran: 26.6 % of GDPIran26.6Morocco: 26.6 % of GDPMorocco26.6Switzerland: 26.3 % of GDPSwitzerland26.3New Caledonia: 26.2 % of GDPNew Caledonia26.2
% of GDP. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2022
% of GDP		Change on 2021
1Bhutan55.1+11.1 pts
2Tanzania42.8+1.4 pts
3Palau42.4+5.5 pts
4China41.2-0.1 pts
5Democratic Republic of the Congo36.7+4.1 pts
6Maldives36.7+8.6 pts
7Greenland36.5-0.4 pts
8Senegal34.8+0.8 pts
9Cambodia34+4.2 pts
10Niger33+0.4 pts
11India32.4+2.8 pts
12Bangladesh32+1 pts
13South Korea31.9+0.4 pts
14Tajikistan31.7-0.3 pts
15Rwanda31.6-0.6 pts
16Benin30.7+2.3 pts
17Vietnam30.6-0.5 pts
18Türkiye30.5+2.2 pts
19Algeria30.4-4.7 pts
20Samoa30.2-2.1 pts
21Dominican Republic30+1 pts
22Mongolia29.8+3 pts
23Mauritania29.8+1.5 pts
24Panama29.6+2.2 pts
25Indonesia29.1-1.7 pts
26Nepal29-0.4 pts
27Djibouti29-0.7 pts
28Gambia28.6-1.7 pts
29Uzbekistan28-2.6 pts
30Japan27.8+0.8 pts
31Tonga27.7-3.9 pts
32Czechia27.7+1.5 pts
33Hungary27.5+0.3 pts
34Togo27.1+5.6 pts
35Lesotho27.1+1.4 pts
36Bahrain26.8+2 pts
37Iran26.6-2 pts
38Morocco26.6+0.3 pts
39Switzerland26.3-0.5 pts
40New Caledonia26.2-0 pts
41Albania25.7-1.5 pts
42Brunei25.7-5.4 pts
43Chile25.7+2.3 pts
44Sweden25.6+0.5 pts
45New Zealand25.5+0.8 pts
46Ethiopia25.3-2.7 pts
47Israel25.3+1.2 pts
48Austria25.2-0.7 pts
49Estonia25.2-4.8 pts
50Romania25.1+0.6 pts
51Zambia25.1-3.4 pts
52Palestine25+1.1 pts
53Malta24.9+2.6 pts
54Finland24.7+0.2 pts
55Botswana24.4-2 pts
56Saudi Arabia24.3+0.8 pts
57North Macedonia24+0.6 pts
58Belgium23.9-0 pts
59Sri Lanka23.9-2.4 pts
60Serbia23.9+0.9 pts
61Iceland23.8+1.3 pts
62Somalia23.6+5.7 pts
63France23.50 pts
64Uganda23.4+0.1 pts
65Thailand23.4-0.2 pts
66Philippines23.3+1.1 pts
67Latvia23.3+0.4 pts
68Peru23.3+0.2 pts
69Australia23.1+0.5 pts
70Denmark23.1-0.1 pts
71Canada23.1-0.7 pts
72Oman22.9-3.9 pts
73Marshall Islands22.9+2.9 pts
74Bosnia and Herzegovina22.6+1 pts
75Bahamas22.6-0.7 pts
76French Polynesia22.5+0.5 pts
77Honduras22.5-0.2 pts
78Lithuania22.4-0 pts
79Mexico22.4+1.1 pts
80Macao22.4-0.1 pts
81Côte d’Ivoire22.3+1.2 pts
82Kiribati22.3+4.9 pts
83Paraguay22.2-0.8 pts
84Kazakhstan22.1-0.9 pts
85Moldova22.1-2 pts
86Solomon Islands22-2.3 pts
87Slovenia22+1.8 pts
88Madagascar21.9-1.3 pts
89Italy21.8+1 pts
90Montenegro21.7-0.5 pts
91Croatia21.7+0.7 pts
92El Salvador21.6+0.6 pts
93Germany21.6+0.4 pts
94Kyrgyzstan21.5-2.7 pts
95Nicaragua21.4-1.6 pts
96United States21.30 pts
97Ireland21.1-0.9 pts
98Mali21.1-2.3 pts
99Armenia21.1-0.1 pts
100Slovakia20.9+1.3 pts
101Republic of the Congo20.7-1.4 pts
102Guinea-Bissau20.6-0.6 pts
103Ecuador20.6+1.3 pts
104Portugal20.6+0.1 pts
105Belize20.5+0.6 pts
106Spain20.5+0.3 pts
107Netherlands20.5-0.2 pts
108Cyprus20.4+1.1 pts
109Singapore20.3-1.7 pts
110Russia20.1+0.8 pts
111Fiji20+1.6 pts
112Georgia19.8-1 pts
113Mauritius19.7+0.4 pts
114Belarus19.4-3.1 pts
115Norway19.4-4.6 pts
116Vanuatu19.2+4.1 pts
117Colombia19.1+0.1 pts
118United Kingdom19+0.5 pts
119Uruguay18.9+1.3 pts
120Cameroon18.8+0.6 pts
121Sierra Leone18.7+2.4 pts
122Kenya18.6-1.1 pts
123Seychelles18.5+2 pts
124Malaysia18.2-1.1 pts
125Burkina Faso18.10 pts
126Egypt18+1.8 pts
127Brazil17.8-0.1 pts
128San Marino17.8+0.3 pts
129Turkmenistan17.7-0.6 pts
130Argentina17.6+0.3 pts
131Bolivia17.4+0.3 pts
132Costa Rica17.3+0.2 pts
133Trinidad and Tobago17.2-3.1 pts
134Bulgaria17+0.7 pts
135Namibia16.7+0.7 pts
136Guatemala16.7+0.6 pts
137Afghanistan16.7+3.7 pts
138Luxembourg16.6-1.5 pts
139Poland16.4-0.5 pts
140Tunisia16.3+0.5 pts
141Ghana16.2-0.5 pts
142Kuwait16.1+0.5 pts
143Hong Kong16.1-0.8 pts
144Gabon16-1.4 pts
145Haiti15.9-2.2 pts
146Greece15.7+1.9 pts
147Guinea15.2+0.2 pts
148Eswatini15.1-2.2 pts
149Central African Republic14.9-0.8 pts
150Chad14.5-1.8 pts
151Angola14.5-1.8 pts
152South Africa14.2+1.1 pts
153Pakistan13.9+1 pts
154Puerto Rico13.5+1 pts
155Bermuda12.7-0.2 pts
156Azerbaijan12-4.2 pts
157Comoros11.9-1.3 pts
158Ukraine11.9-1.3 pts
159Cuba11.5+1 pts
160Libya10.5-1.6 pts
161Timor-Leste9.9-4.3 pts
162Iraq9.7-0.4 pts
163São Tomé and Príncipe8.2-1.9 pts
164Zimbabwe7.6-0.9 pts
165Equatorial Guinea7.6-0.5 pts
166Venezuela4.7-2 pts
167Syria4.4-0.8 pts
168Sudan2.2-1.3 pts
169Lebanon1.2-4.1 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. 11 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 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, 2022) [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, 2022. 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=2022. 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, 2022. 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=2022.

Harvard

World Bank (2026) Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Countries by gross fixed capital formation, share of GDP, 2022 [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=2022 (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_fixed_2022,
  author = {{World Bank}},
  title = {{Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS): Countries by gross fixed capital formation, share of GDP, 2022}},
  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=2022. 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, 2022
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=2022
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-fixed-capital-formation-gdp/countries?period=2022.
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 55.1% of GDP in 2022, according to the World Bank.

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

Lebanon, with 1.2% 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 fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18. 11 countries have no value for 2022 and are not ranked.

Gross fixed capital formation, share of GDP: other rankings

Countries: more rankings