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Gross Capital Formation (USD) rose 0.421% to USD 521,502 bil in Canada in 2024

Gross Capital Formation (USD) (USD bil), 2024
Economy | Canada | September 1, 2025
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Gross capital formation rose 0.421% to USD 521,502 bil in Canada in 2024, according to the National Statistical Office.

Historically, gross capital formation in Canada reached an all time high of USD 554,583 bil in 2022 and an all time low of USD 9,286 bil in 1961. When compared to Canada's main peers, gross capital formation in Australia amounted to USD 427,383 bil, USD 447,632 bil in Mexico, USD 652,110 bil in United Kingdom and USD 6,345,913 bil in USA in 2024.

Canada has been ranked 8th within the group of 126 countries we follow in terms of gross capital formation, 2 places above the position seen 10 years ago.

Gross Capital Formation (USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Australia USD bil 351,904 325,776 297,933 357,072 401,886
Belgium USD bil 138,653 132,441 127,490 146,291 159,833
Belize USD bil 379 403 380 529 640 ...
Canada USD bil 403,336 401,797 375,422 491,540 554,583
China USD bil 6,127,939 6,212,756 6,384,329 7,768,897 7,758,145 ...
France USD bil 628,958 626,925 603,844 695,554 676,401
Germany USD bil 869,988 842,888 853,700 976,688 958,504
Guatemala USD bil 10,112 11,059 10,493 14,497 15,846
Honduras USD bil 6,395 5,715 4,593 6,820 8,273
Indonesia USD bil 360,319 378,034 342,534 373,144 392,371
Ireland USD bil 111,509 218,681 185,374 122,790 125,725
Japan USD bil 1,292,568 1,319,915 1,274,839 1,301,346 1,141,299 ...
Malaysia USD bil 85,741 76,863 66,337 82,703 96,236
Mexico USD bil 294,948 288,841 226,866 285,794 334,020
New Zealand USD bil 50,847 50,627 49,235 63,779 65,529 ...
Papua New Guinea USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
USA USD bil 4,455,419 4,667,673 4,573,797 5,051,971 5,708,454
United Kingdom USD bil 522,051 524,051 474,125 566,644 558,601