Gross capital formation rose 15.7% to USD 3,991,237 bil in the European Union in 2021, according to the National Statistical Office.
Historically, gross capital formation in the European Union reached an all time high of USD 3,991,237 bil in 2021 and an all time low of USD 217,901 bil in 1970. When compared to European Union's main peers, gross capital formation in China amounted to USD 7,596,483 bil, USD 1,248,892 bil in Japan, USD 398,838 bil in Russia and USD 4,920,488 bil in USA in 2021.
European Union has been ranked th within the group of 148 countries we follow in terms of gross capital formation.
Gross Capital Formation (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Canada | USD bil | 370,785 | 347,789 | 388,410 | 399,475 | 400,360 | ||||||||||||||||
China | USD bil | 4,782,441 | 4,788,900 | 5,295,113 | 6,085,023 | 6,176,231 | ||||||||||||||||
European Union | USD bil | 2,814,081 | 2,912,376 | 3,186,210 | 3,545,873 | 3,605,431 | ||||||||||||||||
Germany | USD bil | 662,886 | 692,841 | 773,686 | 871,182 | 860,097 | ||||||||||||||||
India | USD bil | 675,604 | 692,402 | 821,484 | 874,214 | 855,724 | ||||||||||||||||
Japan | USD bil | 1,118,582 | 1,242,693 | 1,243,302 | 1,289,433 | 1,322,667 | ||||||||||||||||
Mexico | USD bil | 273,198 | 254,754 | 265,449 | 277,626 | 268,525 | ||||||||||||||||
Russia | USD bil | 301,994 | 294,879 | 371,617 | 363,255 | 383,685 | ||||||||||||||||
South Korea | USD bil | 432,832 | 452,174 | 524,326 | 543,105 | 520,115 | ||||||||||||||||
USA | USD bil | 3,859,763 | 3,844,982 | 4,053,902 | 4,354,223 | 4,558,260 |