# Gross capital formation (annual % growth) — SMR
> Latest: -27.69% (2023). Change: -39.4 pp vs 2022.
- Unit: %
- Frequency: Annual · Coverage: 2016–2023
- Data updated: 2026-10-08
- Source: World Bank — NE.GDI.TOTL.KD.ZG — https://data.worldbank.org/indicator/NE.GDI.TOTL.KD.ZG
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/gross-capital-formation-annual-growth/SMR
## Recent values
| Year | Value |
| :--- | :--- |
| 2019 | 18.47% |
| 2020 | -28.25% |
| 2021 | 35.66% |
| 2022 | 11.74% |
| 2023 | -27.69% |
## How to cite
APA: World Bank. (2023). Gross capital formation (annual % growth) — SMR [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gross-capital-formation-annual-growth/SMR. Original source: https://data.worldbank.org/indicator/NE.GDI.TOTL.KD.ZG
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)