Annual growth of the gross capital formation (%) in Asia
Asia: Annual growth of the gross capital formation (%) was 3.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Asia recorded 3.1% for annual growth of the gross capital formation in 2024.
That represents a change of down 8.0% on the previous year and down 50.2% over ten years.
Over the whole period, annual growth of the gross capital formation in Asia peaked at 32.7% in 2002 and was at its lowest, -12.8%, in 2003.
That places Asia 18th out of 30 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Asia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.6% | — |
| 2001 | -0.9% | -63.5% |
| 2002 | 32.7% | -3593.4% |
| 2003 | -12.8% | -139.0% |
| 2004 | 32.4% | -353.4% |
| 2005 | 2.7% | -91.5% |
| 2006 | 14.0% | +409.4% |
| 2007 | 28.5% | +103.7% |
| 2008 | 6.2% | -78.2% |
| 2009 | 7.8% | +25.7% |
| 2010 | 12.3% | +57.0% |
| 2011 | 6.1% | -50.0% |
| 2012 | 5.6% | -8.9% |
| 2013 | 5.5% | -1.6% |
| 2014 | 6.2% | +12.3% |
| 2015 | 2.8% | -55.1% |
| 2016 | 5.6% | +102.5% |
| 2017 | 6.3% | +12.3% |
| 2018 | 5.4% | -15.0% |
| 2019 | 2.5% | -53.2% |
| 2020 | -0.2% | -109.7% |
| 2021 | 5.9% | -2512.0% |
| 2022 | 4.0% | -31.7% |
| 2023 | 3.3% | -16.5% |
| 2024 | 3.1% | -8.0% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +3593.4% | -0.9% | 32.7% |
| 2021 | +2512.0% | -0.2% | 5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.8% | -12.8% | 32.7% | 10 |
| 2010s | 5.8% | 2.5% | 12.3% | 10 |
| 2020s | 3.2% | -0.2% | 5.9% | 5 |
Countries ranked near Asia
More economy & growth data for Asia
- Gross Domestic Product — Value US$ per capita, 2015 prices 7,873 USD (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 4.69 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.69 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 33.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 33.73 % (2024)
- Gross Domestic Product — Value US$ 39.74 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 8,307 USD (2024)
- Gross Fixed Capital Formation — Value US$ 13.40 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.88 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Asia?
- Annual growth of the gross capital formation in Asia was 3.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Asia?
- The highest recorded value was 32.7% in 2002.
- What is the lowest annual growth of the gross capital formation recorded in Asia?
- The lowest recorded value was -12.8% in 2003.
- How does Asia rank for annual growth of the gross capital formation?
- Asia ranks 18th out of 30 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Asia?
- Over the last ten years it is down 50.2%. The long-run trend across the full record is volatile.
- Where does this Asia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
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