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United States: Gross fixed capital formation

Millions of local currency · 1869–2025 · 157 observations · forecasts to 2026 · finv

2025
6.61 trillionlocal currency
Change on 2024
+4.8%year on year
Average growth, 2015–2025
+5.7%a year
In US dollars, 2025
$6.61 trillionUS dollars

Gross fixed capital formation

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1B10B100B1T10T18801900192019401960198020002020United StatesUnited States
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
20267,003,435Forecast
20256,605,885
20246,305,297
20235,929,633
20225,558,808
20215,039,777
20204,609,869
20194,594,718
20184,399,012
20174,116,418
20163,888,894

Sources

  • Jones & Obstfeld1869–1945
  • Mitchell1929–1993
  • IMF International Financial Statistics1950–2025
  • WDI (archive)1960–1996
  • OECD Economic Outlook1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • World Development Indicators1970–2024
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms