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 |