Net investment in nonfinancial assets (% of GDP) by country
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in...
Countries reporting
156
Highest
11.4%
Tajikistan
Lowest
-1.0%
Singapore
Median
2.8%
Years covered
53
1972–2024
Data points
5,245
What the numbers show
Net investment in nonfinancial assets (% of GDP) is currently reported for 156 countries. The highest value is 11.4% in Tajikistan; the lowest is -1.0% in Singapore.
The median across all reporting countries is 2.8%, and the mean is 3.5%.
The gap between the highest and lowest reporting country is a factor of about 11.
Over the past decade 70 countries rose and 82 fell. The largest increase was in Ukraine (up 884.2%), and the largest decrease in East Timor (down 90.7%).
Net investment in nonfinancial assets (% of GDP): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Tajikistan | 11.4% | 2024 | — | volatile |
| 2 | Burkina Faso | 10.6% | 2024 | up 31.1% | falling |
| 3 | Micronesia (country) | 10.5% | 2020 | down 44.3% | falling |
| 4 | Nauru | 9.2% | 2024 | up 85.1% | volatile |
| 5 | Rwanda | 9.0% | 2024 | down 21.0% | rising |
| 6 | Iraq | 9.0% | 2019 | down 44.6% | falling |
| 7 | Marshall Islands | 8.8% | 2020 | up 7.9% | volatile |
| 8 | Togo | 8.7% | 2023 | up 59.9% | rising |
| 9 | Bhutan | 8.6% | 2020 | down 29.9% | falling |
| 10 | Afghanistan | 8.5% | 2017 | down 10.2% | volatile |
| 11 | Niger | 8.5% | 1980 | — | rising |
| 12 | Malawi | 8.0% | 2024 | up 164.6% | rising |
| 13 | Azerbaijan | 7.9% | 2024 | down 39.7% | volatile |
| 14 | Lesotho | 7.7% | 2024 | down 43.0% | falling |
| 15 | Solomon Islands | 7.7% | 2024 | down 20.9% | rising |
| 16 | Maldives | 7.4% | 2021 | down 1.2% | falling |
| 17 | Kiribati | 7.1% | 2023 | up 75.7% | volatile |
| 18 | Kenya | 6.9% | 2023 | up 53.8% | falling |
| 19 | Mozambique | 6.9% | 2024 | down 30.3% | falling |
| 20 | Tonga | 6.8% | 2023 | up 67.5% | rising |
| 21 | Central African Republic | 6.7% | 2021 | up 95.9% | rising |
| 22 | Serbia | 6.6% | 2022 | up 296.0% | volatile |
| 23 | Senegal | 6.6% | 2023 | down 4.0% | flat |
| 24 | Madagascar | 6.5% | 2024 | up 96.1% | falling |
| 25 | Palau | 6.4% | 2020 | down 41.4% | falling |
| 26 | Mongolia | 6.3% | 2024 | up 12.2% | rising |
| 27 | Botswana | 6.1% | 2023 | up 7.9% | flat |
| 28 | Democratic Republic of Congo | 6.0% | 2022 | up 53.5% | volatile |
| 29 | Burundi | 5.6% | 2021 | down 73.3% | volatile |
| 30 | Estonia | 5.3% | 2024 | up 47.7% | rising |
| 31 | Eswatini | 5.3% | 2021 | up 80.8% | rising |
| 32 | Armenia | 5.3% | 2024 | up 91.9% | rising |
| 33 | Guinea-Bissau | 5.3% | 2024 | up 6.6% | rising |
| 34 | Iran | 5.3% | 2009 | down 8.8% | falling |
| 35 | Vanuatu | 5.3% | 2023 | up 531.0% | volatile |
| 36 | Zambia | 5.2% | 2024 | up 26.3% | volatile |
| 37 | Cambodia | 5.2% | 2023 | down 23.2% | falling |
| 38 | Saint Kitts and Nevis | 5.1% | 2020 | up 2.4% | rising |
| 39 | Latvia | 5.1% | 2024 | up 104.1% | rising |
| 40 | Philippines | 5.0% | 2024 | up 140.0% | rising |
| 41 | Mali | 5.0% | 2020 | down 17.2% | falling |
| 42 | Kyrgyzstan | 5.0% | 2024 | down 16.7% | falling |
| 43 | Macao | 4.8% | 2024 | up 175.0% | rising |
| 44 | Georgia | 4.6% | 2024 | up 100.5% | volatile |
| 45 | Myanmar | 4.6% | 2019 | down 39.2% | falling |
| 46 | Samoa | 4.6% | 2023 | down 18.6% | falling |
| 47 | Cameroon | 4.5% | 2021 | down 10.0% | volatile |
| 48 | East Timor | 4.4% | 2022 | down 90.7% | volatile |
| 49 | Nepal | 4.4% | 2023 | up 57.0% | rising |
| 50 | Malaysia | 4.4% | 2024 | up 22.6% | falling |
| 51 | Laos | 4.3% | 2022 | down 59.1% | falling |
| 52 | Bangladesh | 4.1% | 2021 | up 140.0% | rising |
| 53 | Saudi Arabia | 4.1% | 2024 | down 62.5% | falling |
| 54 | Albania | 4.1% | 2024 | up 0.9% | falling |
| 55 | Saint Lucia | 4.0% | 2017 | down 33.2% | falling |
| 56 | Equatorial Guinea | 3.9% | 2022 | down 86.0% | volatile |
| 57 | Uganda | 3.7% | 2024 | down 0.4% | rising |
| 58 | Saint Vincent and the Grenadines | 3.6% | 2017 | down 46.4% | falling |
| 59 | Morocco | 3.4% | 2024 | down 31.5% | flat |
| 60 | Hungary | 3.4% | 2024 | down 3.9% | rising |
| 61 | Cape Verde | 3.4% | 2020 | down 75.9% | falling |
| 62 | Slovenia | 3.4% | 2024 | up 32.8% | rising |
| 63 | Angola | 3.3% | 2024 | down 71.8% | volatile |
| 64 | Belize | 3.3% | 2017 | up 16.1% | falling |
| 65 | Nicaragua | 3.2% | 2024 | up 39.2% | rising |
| 66 | Croatia | 3.2% | 2023 | up 3.4% | falling |
| 67 | Malta | 3.2% | 2024 | down 2.1% | volatile |
| 68 | Norway | 3.1% | 2024 | up 22.0% | rising |
| 69 | Congo | 3.1% | 2021 | down 76.2% | volatile |
| 70 | Lithuania | 3.1% | 2024 | up 32.2% | rising |
| 71 | Israel | 3.0% | 2024 | down 2.1% | volatile |
| 72 | Romania | 3.0% | 2024 | up 34.3% | volatile |
| 73 | Honduras | 3.0% | 2020 | up 38.1% | falling |
| 74 | Bolivia | 3.0% | 2007 | up 26.8% | rising |
| 75 | Sweden | 2.9% | 2024 | up 26.7% | rising |
| 76 | Luxembourg | 2.9% | 2024 | up 22.2% | rising |
| 77 | Poland | 2.9% | 2024 | up 43.3% | rising |
| 78 | Kuwait | 2.8% | 1998 | down 58.7% | volatile |
| 79 | New Zealand | 2.8% | 2024 | up 14.0% | rising |
| 80 | Bosnia and Herzegovina | 2.7% | 2024 | down 27.5% | rising |
| 81 | Czechia | 2.6% | 2024 | up 51.9% | rising |
| 82 | Seychelles | 2.6% | 2008 | down 75.7% | falling |
| 83 | El Salvador | 2.6% | 2024 | up 7.6% | rising |
| 84 | Turkey | 2.6% | 2024 | up 11.9% | falling |
| 85 | Gabon | 2.5% | 2021 | down 78.5% | volatile |
| 86 | Egypt | 2.5% | 2015 | down 32.5% | falling |
| 87 | Slovakia | 2.5% | 2024 | down 23.0% | falling |
| 88 | United Kingdom | 2.4% | 2024 | up 34.5% | rising |
| 89 | Cyprus | 2.4% | 2024 | up 36.0% | falling |
| 90 | Ghana | 2.4% | 2023 | down 38.2% | volatile |
| 91 | Sri Lanka | 2.4% | 2023 | down 7.4% | falling |
| 92 | Austria | 2.3% | 2024 | up 41.4% | rising |
| 93 | Jamaica | 2.3% | 2020 | down 52.3% | falling |
| 94 | Ukraine | 2.3% | 2024 | up 884.2% | volatile |
| 95 | Iceland | 2.3% | 2023 | up 16.8% | rising |
| 96 | Greece | 2.3% | 2024 | down 30.7% | falling |
| 97 | Thailand | 2.3% | 2024 | up 12.7% | falling |
| 98 | Panama | 2.1% | 2024 | down 46.2% | falling |
| 99 | Paraguay | 2.1% | 2024 | down 6.1% | rising |
| 100 | Papua New Guinea | 2.0% | 2024 | down 61.8% | flat |
| 101 | Dominican Republic | 2.0% | 2024 | down 6.2% | volatile |
| 102 | France | 1.9% | 2024 | down 1.5% | rising |
| 103 | Belarus | 1.9% | 2024 | up 77.9% | volatile |
| 104 | Bulgaria | 1.8% | 2024 | down 17.5% | rising |
| 105 | Uzbekistan | 1.8% | 2023 | down 5.5% | rising |
| 106 | Tunisia | 1.8% | 2012 | down 55.4% | falling |
| 107 | Ireland | 1.8% | 2024 | up 1.9% | rising |
| 108 | Bahrain | 1.7% | 2020 | down 76.7% | rising |
| 109 | Finland | 1.7% | 2024 | down 1.3% | flat |
| 110 | Andorra | 1.7% | 2024 | up 8.6% | falling |
| 111 | Jordan | 1.7% | 2023 | down 29.3% | falling |
| 112 | Denmark | 1.7% | 2024 | down 18.2% | rising |
| 113 | Namibia | 1.6% | 2024 | down 84.6% | volatile |
| 114 | Portugal | 1.6% | 2024 | up 52.4% | falling |
| 115 | Peru | 1.6% | 2021 | down 20.3% | falling |
| 116 | Italy | 1.6% | 2024 | up 70.9% | rising |
| 117 | Bahamas | 1.6% | 2024 | down 11.2% | rising |
| 118 | Trinidad and Tobago | 1.6% | 2019 | down 74.8% | rising |
| 119 | Cote d'Ivoire | 1.5% | 2023 | down 64.8% | flat |
| 120 | Netherlands | 1.5% | 2024 | up 6.3% | rising |
| 121 | North Macedonia | 1.5% | 2024 | down 40.9% | falling |
| 122 | United States | 1.5% | 2024 | up 3.1% | volatile |
| 123 | Ethiopia | 1.5% | 2024 | down 70.5% | falling |
| 124 | Chile | 1.4% | 2024 | down 38.7% | falling |
| 125 | Indonesia | 1.4% | 2009 | down 71.8% | falling |
| 126 | South Africa | 1.3% | 2024 | up 19.8% | falling |
| 127 | Mauritius | 1.3% | 2024 | down 54.2% | falling |
| 128 | Costa Rica | 1.3% | 2024 | down 34.3% | falling |
| 129 | South Korea | 1.3% | 2024 | down 18.3% | rising |
| 130 | Russia | 1.3% | 2024 | down 50.5% | volatile |
| 131 | San Marino | 1.3% | 2023 | — | falling |
| 132 | Uruguay | 1.2% | 2024 | — | falling |
| 133 | Moldova | 1.1% | 2024 | down 2.6% | volatile |
| 134 | Barbados | 1.1% | 2016 | down 10.2% | volatile |
| 135 | Germany | 1.1% | 2024 | up 34.1% | rising |
| 136 | Sudan | 1.1% | 2016 | down 60.0% | volatile |
| 137 | Switzerland | 1.0% | 2024 | up 11.8% | rising |
| 138 | India | 0.9% | 2022 | up 304.4% | volatile |
| 139 | Mexico | 0.9% | 2024 | up 25.3% | volatile |
| 140 | Fiji | 0.9% | 2024 | down 69.1% | falling |
| 141 | Australia | 0.8% | 2022 | down 8.4% | rising |
| 142 | Colombia | 0.8% | 2024 | down 55.4% | volatile |
| 143 | Tanzania | 0.8% | 2024 | up 12.5% | volatile |
| 144 | Zimbabwe | 0.8% | 2018 | up 515.3% | rising |
| 145 | Belgium | 0.7% | 2024 | up 40.7% | rising |
| 146 | Spain | 0.7% | 2024 | up 7.9% | falling |
| 147 | Kazakhstan | 0.6% | 2023 | down 57.3% | volatile |
| 148 | Canada | 0.6% | 2024 | up 364.6% | falling |
| 149 | Ecuador | 0.5% | 2022 | down 88.3% | volatile |
| 150 | Lebanon | 0.3% | 2024 | down 84.4% | volatile |
| 151 | Guatemala | 0.3% | 2024 | down 65.5% | volatile |
| 152 | Brazil | 0.2% | 2024 | down 56.3% | falling |
| 153 | Somalia | 0.2% | 2024 | up 186.1% | rising |
| 154 | Argentina | 0.1% | 2024 | down 80.7% | volatile |
| 155 | United Arab Emirates | 0.1% | 2024 | down 80.8% | flat |
| 156 | Singapore | -1.0% | 2024 | up 55.1% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Least developed countries 4.5%
- IDA only 4.3%
- Heavily indebted poor countries (HIPC) 4.2%
- Pacific island small states 4.0%
- Other small states 3.1%
- Small states 3.0%
- Central Europe and the Baltics 3.0%
- Europe & Central Asia (excluding high income) 2.9%
- Caribbean Small States 2.4%
- Africa Eastern and Southern 2.3%
- Europe & Central Asia (IDA & IBRD countries) 2.2%
- Europe & Central Asia 1.8%
- Early-demographic dividend 1.7%
- European Union 1.6%
- High income 1.6%
- OECD members 1.6%
- World 1.6%
- Post-demographic dividend 1.5%
- Euro area 1.5%
- North America 1.4%
- Lower middle income 1.2%
- South Asia 1.0%
- South Asia (IDA & IBRD) 1.0%
- Latin America & Caribbean 0.6%
- Latin America & the Caribbean (IDA & IBRD countries) 0.6%
- Latin America & Caribbean (excluding high income) 0.5%
About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.