Capital Formation (% of GDP)

Europe Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Macedonia	40.96	3-2022	1	2792.03
2 ↑	Sweden	27.82	6-2023	3	26.55
3 ↑	Romania	27.13	6-2023	29	19.98
4	Switzerland	26.26	6-2023	4	25.73
5 ↑	Hungary	26.09	6-2023	12	22.92
6 ↑	Czech Republic	25.92	6-2023	8	23.97
7	Austria	25.29	6-2023	7	24.29
8 ↑	Belgium	25.21	6-2023	9	23.84
9 ↓	France	24.35	9-2023	5	24.87
10 ↑	Norway	24.31	6-2023	25	20.73
11 ↑	Bosnia and Herzegovina	24.24	6-2023	20	21.44
12 ↓	Georgia	23.59	6-2023	6	24.85
13 ↑	Finland	23.32	6-2023	16	21.94
14 ↑	Germany	22.97	6-2023	16	21.94
15 ↑	Lithuania	22.66	6-2023	18	21.46
16 ↑	Estonia	22.6	6-2023	26	20.64
17 ↑	Albania	22.49	6-2023	21	21.37
18 ↑	Latvia	22.27	6-2023	28	20.03
19 ↓	Slovenia	22.06	6-2023	13	22.83
20 ↑	Denmark	22.03	6-2023	22	21.36
21 ↑	Iceland	21.91	6-2023	24	20.75
22 ↓	Netherlands	21.87	6-2023	15	22.23
23 ↓	Italy	21.69	6-2023	14	22.48
24 ↓	Croatia	20.98	6-2023	11	22.98
25 ↑	Belarus	20.87	6-2023	34	18.39
25 ↑	Ireland	20.87	6-2023	27	20.48
27 ↓	Serbia	20.63	6-2023	18	21.46
28 ↓	Montenegro	20.21	6-2023	10	23.45
29 ↓	Moldova	20.18	6-2023	23	20.76
30 ↑	Malta	19.5	6-2023	32	19.07
31 ↓	Portugal	19.39	6-2023	30	19.61
32 ↑	Slovakia	19.22	6-2023	33	18.68
33 ↓	Spain	19.09	9-2023	31	19.53
34 ↑	United Kingdom	18.5	6-2023	35	18.3
35 ↓	Cyprus	18.45	6-2023	2	31.54
36	Luxembourg	18	6-2023	36	17.4
37 ↑	Bulgaria	17.64	6-2023	40	13.69
38	Armenia	17.55	6-2023	38	14.55
39 ↑	Poland	16.18	6-2023	41	12.67
40 ↓	Ukraine	14.81	12-2022	37	14.84
41 ↓	Greece	13.88	6-2023	39	13.8

Definition of Capital Formation (% of GDP)

Gross fixed capital formation including land improvements; plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings as percent of GDP