United States: Gross capital formation
Millions of local currency · 1869–2025 · 157 observations · forecasts to 2031 · inv
- 2025
- 6.64 trillionlocal currency
- Change on 2024
- +4.2%year on year
- Average growth, 2015–2025
- +5.4%a year
- In US dollars, 2025
- $6.64 trillionUS dollars
Gross capital formation
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Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2031 | 8,238,249 | Forecast |
| 2030 | 8,021,870 | Forecast |
| 2029 | 7,813,773 | Forecast |
| 2028 | 7,602,228 | Forecast |
| 2027 | 7,373,585 | Forecast |
| 2026 | 7,039,570 | Forecast |
| 2025 | 6,643,121 | |
| 2024 | 6,376,969 | |
| 2023 | 5,971,328 | |
| 2022 | 5,708,454 | |
| 2021 | 5,051,970 | |
| 2020 | 4,573,797 | |
| 2019 | 4,667,673 | |
| 2018 | 4,455,419 | |
| 2017 | 4,149,092 | |
| 2016 | 3,927,963 |
Sources
- Jones & Obstfeld1869–1945
- Jordà-Schularick-Taylor1870–2020
- Mitchell1929–1993
- Carter et al.1929–2002
- Penn World Table1950–2019
- WDI (archive)1960–1996
- OECD Economic Outlook1960–2025
- United Nations1970–2024
- World Development Indicators1970–2024
- IMF International Financial Statistics1970–2025
- IMF World Economic Outlook1980–2025
- OECD Economic Outlook (forecast)2025–2027
- IMF WEO (forecast)2025–2031
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 →
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