Annual growth of the gross capital formation in Eastern Asia
Eastern Asia: Annual growth of the gross capital formation was 2.4% in 2024. ▼ Falling
Annual growth of the gross capital formation in Eastern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the gross capital formation in Eastern Asia stood at 2.4%.
The figure is down 15.4% on the previous year and down 62.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Eastern Asia peaked at 13.0% in 2010 and was at its lowest, 2.3%, in 2022.
That places Eastern Asia 23rd out of 31 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual growth of the gross capital formation in Eastern Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.6% | — |
| 2001 | 6.3% | +11.0% |
| 2002 | 2.6% | -58.4% |
| 2003 | 10.6% | +305.5% |
| 2004 | 10.0% | -5.8% |
| 2005 | 6.5% | -34.6% |
| 2006 | 8.3% | +27.7% |
| 2007 | 9.7% | +16.3% |
| 2008 | 7.0% | -27.3% |
| 2009 | 7.4% | +5.2% |
| 2010 | 13.0% | +75.8% |
| 2011 | 7.1% | -45.3% |
| 2012 | 5.9% | -16.8% |
| 2013 | 7.5% | +27.1% |
| 2014 | 6.3% | -15.8% |
| 2015 | 3.7% | -41.8% |
| 2016 | 5.8% | +56.9% |
| 2017 | 5.9% | +1.4% |
| 2018 | 5.4% | -8.9% |
| 2019 | 3.1% | -42.4% |
| 2020 | 2.5% | -19.3% |
| 2021 | 3.8% | +51.4% |
| 2022 | 2.3% | -38.8% |
| 2023 | 2.8% | +21.2% |
| 2024 | 2.4% | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | 2.6% | 10.6% | 10 |
| 2010s | 6.4% | 3.1% | 13.0% | 10 |
| 2020s | 2.7% | 2.3% | 3.8% | 5 |
Countries ranked near Eastern Asia
More economy & growth data for Eastern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 49.31 million (2027)
- Gross Domestic Product — Value US$ 25.47 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.12 % (2024)
- Gross Domestic Product — Value US$ per capita 15,598 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 15,192 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.81 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.06 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.25 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 36.27 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Eastern Asia?
- Annual growth of the gross capital formation in Eastern Asia was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Eastern Asia?
- The highest recorded value was 13.0% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Eastern Asia?
- The lowest recorded value was 2.3% in 2022.
- How does Eastern Asia rank for annual growth of the gross capital formation?
- Eastern Asia ranks 23rd out of 31 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Eastern Asia?
- Over the last ten years it is down 62.7%. The long-run trend across the full record is falling.
- Where does this Eastern 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
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).