🇨🇦 Canada Gross capital formation

Canada Gross capital formation was $563.39B in 2024, down 2.1% from 2023, according to World Bank data. The 10-year average is $550.41B. Historical data available from 1970 to 2024 (55 data points). The all-time high was $610.14B in 2022.

Source: World Bank World Development Indicators • 1970202455 data pointsEconomy & Growth

Latest Value
$563.39B
2024
Year-on-Year
-2.1%
vs 2023
10-Year Average
$550.41B
20152024
Range
High: $610.14B (2022)
Low: $108.71B (1970)

Canada Gross capital formation (constant LCU)1970 to 2024

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About this Indicator

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$563.39B
2023$575.23B
2022$610.14B
2021$573.43B
2020$503.50B
2019$552.84B
2018$553.18B
2017$540.74B
2016$503.25B
2015$528.45B

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