Gross capital formation in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross capital formation was 8.57 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
8.57 trillion current US$
Change on year
up 1.3%
Rank
13th
of 41 groups
All-time high
8.71 trillion current US$
in 2022
All-time low
9.91 billion current US$
in 1962
Years of data
65
1960–2024
Gross capital formation in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in East Asia & Pacific (IDA & IBRD countries) is 8.57 trillion current US$, measured in 2024.
That represents a change of up 1.3% on the previous year and up 55.5% over ten years.
Over the whole period, gross capital formation in East Asia & Pacific (IDA & IBRD countries) peaked at 8.71 trillion current US$ in 2022 and was at its lowest, 9.91 billion current US$, in 1962.
East Asia & Pacific (IDA & IBRD countries) ranks 13th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 28.57 billion current US$ | — |
| 1961 | 14.32 billion current US$ | -49.9% |
| 1962 | 9.91 billion current US$ | -30.8% |
| 1963 | 14.49 billion current US$ | +46.2% |
| 1964 | 18.65 billion current US$ | +28.7% |
| 1965 | 24.15 billion current US$ | +29.5% |
| 1966 | 29.64 billion current US$ | +22.7% |
| 1967 | 22.68 billion current US$ | -23.5% |
| 1968 | 23.44 billion current US$ | +3.3% |
| 1969 | 26.67 billion current US$ | +13.8% |
| 1970 | 39.47 billion current US$ | +48.0% |
| 1971 | 43.57 billion current US$ | +10.4% |
| 1972 | 46.63 billion current US$ | +7.0% |
| 1973 | 61.32 billion current US$ | +31.5% |
| 1974 | 67.41 billion current US$ | +9.9% |
| 1975 | 80.09 billion current US$ | +18.8% |
| 1976 | 75.21 billion current US$ | -6.1% |
| 1977 | 88.58 billion current US$ | +17.8% |
| 1978 | 89.81 billion current US$ | +1.4% |
| 1979 | 102.68 billion current US$ | +14.3% |
| 1980 | 113.23 billion current US$ | +10.3% |
| 1981 | 117.63 billion current US$ | +3.9% |
| 1982 | 122.17 billion current US$ | +3.9% |
| 1983 | 136.79 billion current US$ | +12.0% |
| 1984 | 146.26 billion current US$ | +6.9% |
| 1985 | 172.53 billion current US$ | +18.0% |
| 1986 | 164.88 billion current US$ | -4.4% |
| 1987 | 155.99 billion current US$ | -5.4% |
| 1988 | 190.18 billion current US$ | +21.9% |
| 1989 | 212.29 billion current US$ | +11.6% |
| 1990 | 225.36 billion current US$ | +6.2% |
| 1991 | 251.50 billion current US$ | +11.6% |
| 1992 | 292.23 billion current US$ | +16.2% |
| 1993 | 338.34 billion current US$ | +15.8% |
| 1994 | 397.63 billion current US$ | +17.5% |
| 1995 | 490.96 billion current US$ | +23.5% |
| 1996 | 554.77 billion current US$ | +13.0% |
| 1997 | 541.87 billion current US$ | -2.3% |
| 1998 | 458.84 billion current US$ | -15.3% |
| 1999 | 479.20 billion current US$ | +4.4% |
| 2000 | 529.78 billion current US$ | +10.6% |
| 2001 | 599.31 billion current US$ | +13.1% |
| 2002 | 670.82 billion current US$ | +11.9% |
| 2003 | 825.10 billion current US$ | +23.0% |
| 2004 | 1.01 trillion current US$ | +22.1% |
| 2005 | 1.14 trillion current US$ | +13.6% |
| 2006 | 1.35 trillion current US$ | +18.4% |
| 2007 | 1.74 trillion current US$ | +28.7% |
| 2008 | 2.33 trillion current US$ | +33.4% |
| 2009 | 2.69 trillion current US$ | +15.6% |
| 2010 | 3.38 trillion current US$ | +25.6% |
| 2011 | 4.16 trillion current US$ | +23.1% |
| 2012 | 4.65 trillion current US$ | +11.7% |
| 2013 | 5.16 trillion current US$ | +11.0% |
| 2014 | 5.51 trillion current US$ | +6.9% |
| 2015 | 5.48 trillion current US$ | -0.7% |
| 2016 | 5.52 trillion current US$ | +0.9% |
| 2017 | 6.10 trillion current US$ | +10.4% |
| 2018 | 6.96 trillion current US$ | +14.2% |
| 2019 | 7.07 trillion current US$ | +1.6% |
| 2020 | 7.15 trillion current US$ | +1.1% |
| 2021 | 8.66 trillion current US$ | +21.0% |
| 2022 | 8.71 trillion current US$ | +0.6% |
| 2023 | 8.46 trillion current US$ | -2.8% |
| 2024 | 8.57 trillion current US$ | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.25 billion current US$ | 9.91 billion current US$ | 29.64 billion current US$ | 10 |
| 1970s | 69.48 billion current US$ | 39.47 billion current US$ | 102.68 billion current US$ | 10 |
| 1980s | 153.20 billion current US$ | 113.23 billion current US$ | 212.29 billion current US$ | 10 |
| 1990s | 403.07 billion current US$ | 225.36 billion current US$ | 554.77 billion current US$ | 10 |
| 2000s | 1.29 trillion current US$ | 529.78 billion current US$ | 2.69 trillion current US$ | 10 |
| 2010s | 5.40 trillion current US$ | 3.38 trillion current US$ | 7.07 trillion current US$ | 10 |
| 2020s | 8.31 trillion current US$ | 7.15 trillion current US$ | 8.71 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 10 Republic of Korea 545.44 billion current US$ compare
- 11 Canada 537.16 billion current US$ compare
- 12 Türkiye 505.81 billion current US$ compare
- 13 Indonesia 442.64 billion current US$ compare
- 14 Australia 439.94 billion current US$ compare
- 15 Mexico 414.38 billion current US$ compare
- 16 Spain 408.17 billion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Gross capital formation 38.6% (2024)
- GNI (current US$), per capita 10,903 current US$ per person (2025)
- Gross fixed capital formation 8.37 trillion current US$ (2024)
- Gross fixed capital formation 37.7% (2024)
- Gross capital formation 8.36 trillion constant 2015 US$ (2025)
- Gross capital formation 2.2% (2025)
- External balance on goods and services 3.7% (2025)
- GNI per capita, Atlas method 11,218 current US$ (2025)
- Trade 46.9% (2025)
- Exports of goods and services 25.5% (2025)
Frequently asked questions
- What is gross capital formation in East Asia & Pacific (IDA & IBRD countries)?
- Gross capital formation in East Asia & Pacific (IDA & IBRD countries) was 8.57 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 8.71 trillion current US$ in 2022.
- What is the lowest gross capital formation recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 9.91 billion current US$ in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross capital formation?
- East Asia & Pacific (IDA & IBRD countries) ranks 13th out of 41 groups with data for 2024.
- Is gross capital formation rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 55.5%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.