Gross capital formation in East Asia & Pacific
East Asia & Pacific: Gross capital formation was 11.20 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
11.20 trillion current US$
Change on year
up 0.8%
Rank
9th
of 41 groups
All-time high
11.53 trillion current US$
in 2021
All-time low
46.22 billion current US$
in 1962
Years of data
65
1960–2024
Gross capital formation in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
East Asia & Pacific recorded 11.20 trillion current US$ for gross capital formation in 2024.
The figure is up 0.8% on the previous year and up 39.4% over ten years.
Over the whole period, gross capital formation in East Asia & Pacific peaked at 11.53 trillion current US$ in 2021 and was at its lowest, 46.22 billion current US$, in 1962.
East Asia & Pacific ranks 9th of 41 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in East Asia & Pacific, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 93.97 billion current US$ | — |
| 1961 | 59.27 billion current US$ | -36.9% |
| 1962 | 46.22 billion current US$ | -22.0% |
| 1963 | 62.71 billion current US$ | +35.7% |
| 1964 | 75.41 billion current US$ | +20.2% |
| 1965 | 94.15 billion current US$ | +24.9% |
| 1966 | 109.62 billion current US$ | +16.4% |
| 1967 | 96.24 billion current US$ | -12.2% |
| 1968 | 102.68 billion current US$ | +6.7% |
| 1969 | 118.44 billion current US$ | +15.3% |
| 1970 | 157.70 billion current US$ | +33.1% |
| 1971 | 167.11 billion current US$ | +6.0% |
| 1972 | 205.29 billion current US$ | +22.8% |
| 1973 | 288.16 billion current US$ | +40.4% |
| 1974 | 328.94 billion current US$ | +14.2% |
| 1975 | 326.81 billion current US$ | -0.6% |
| 1976 | 348.00 billion current US$ | +6.5% |
| 1977 | 410.68 billion current US$ | +18.0% |
| 1978 | 533.26 billion current US$ | +29.9% |
| 1979 | 602.99 billion current US$ | +13.1% |
| 1980 | 636.98 billion current US$ | +5.6% |
| 1981 | 686.00 billion current US$ | +7.7% |
| 1982 | 648.31 billion current US$ | -5.5% |
| 1983 | 660.44 billion current US$ | +1.9% |
| 1984 | 705.89 billion current US$ | +6.9% |
| 1985 | 768.28 billion current US$ | +8.8% |
| 1986 | 996.23 billion current US$ | +29.7% |
| 1987 | 1.18 trillion current US$ | +18.2% |
| 1988 | 1.53 trillion current US$ | +29.8% |
| 1989 | 1.65 trillion current US$ | +7.6% |
| 1990 | 1.75 trillion current US$ | +6.4% |
| 1991 | 1.96 trillion current US$ | +12.0% |
| 1992 | 2.06 trillion current US$ | +5.3% |
| 1993 | 2.28 trillion current US$ | +10.2% |
| 1994 | 2.48 trillion current US$ | +8.8% |
| 1995 | 2.83 trillion current US$ | +14.2% |
| 1996 | 2.78 trillion current US$ | -1.7% |
| 1997 | 2.57 trillion current US$ | -7.4% |
| 1998 | 2.12 trillion current US$ | -17.5% |
| 1999 | 2.29 trillion current US$ | +7.8% |
| 2000 | 2.53 trillion current US$ | +10.4% |
| 2001 | 2.31 trillion current US$ | -8.5% |
| 2002 | 2.28 trillion current US$ | -1.4% |
| 2003 | 2.56 trillion current US$ | +12.5% |
| 2004 | 2.95 trillion current US$ | +15.2% |
| 2005 | 3.17 trillion current US$ | +7.4% |
| 2006 | 3.40 trillion current US$ | +7.1% |
| 2007 | 3.87 trillion current US$ | +13.8% |
| 2008 | 4.65 trillion current US$ | +20.2% |
| 2009 | 4.72 trillion current US$ | +1.5% |
| 2010 | 5.73 trillion current US$ | +21.5% |
| 2011 | 6.80 trillion current US$ | +18.8% |
| 2012 | 7.40 trillion current US$ | +8.8% |
| 2013 | 7.70 trillion current US$ | +4.1% |
| 2014 | 8.04 trillion current US$ | +4.3% |
| 2015 | 7.81 trillion current US$ | -2.8% |
| 2016 | 7.98 trillion current US$ | +2.2% |
| 2017 | 8.67 trillion current US$ | +8.6% |
| 2018 | 9.66 trillion current US$ | +11.5% |
| 2019 | 9.75 trillion current US$ | +0.9% |
| 2020 | 9.77 trillion current US$ | +0.2% |
| 2021 | 11.53 trillion current US$ | +18.0% |
| 2022 | 11.43 trillion current US$ | -0.9% |
| 2023 | 11.11 trillion current US$ | -2.7% |
| 2024 | 11.20 trillion current US$ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 85.87 billion current US$ | 46.22 billion current US$ | 118.44 billion current US$ | 10 |
| 1970s | 336.89 billion current US$ | 157.70 billion current US$ | 602.99 billion current US$ | 10 |
| 1980s | 945.27 billion current US$ | 636.98 billion current US$ | 1.65 trillion current US$ | 10 |
| 1990s | 2.31 trillion current US$ | 1.75 trillion current US$ | 2.83 trillion current US$ | 10 |
| 2000s | 3.24 trillion current US$ | 2.28 trillion current US$ | 4.72 trillion current US$ | 10 |
| 2010s | 7.95 trillion current US$ | 5.73 trillion current US$ | 9.75 trillion current US$ | 10 |
| 2020s | 11.01 trillion current US$ | 9.77 trillion current US$ | 11.53 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific
- 6 United Kingdom 788.04 billion current US$ compare
- 7 France 738.52 billion current US$ compare
- 8 Russia 663.16 billion current US$ compare
- 9 Italy 567.71 billion current US$ compare
- 10 South Korea 545.44 billion current US$ compare
- 11 Canada 537.16 billion current US$ compare
- 12 Turkey 505.81 billion current US$ compare
More economy & growth data for East Asia & Pacific
- Industry (including construction), value added 33.1% (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Trade in services 10.7% (2025)
- Manufacturing, value added 22.3% (2025)
- Industry (including construction), value added 11.12 trillion current US$ (2025)
- Industry (including construction), value added 11.37 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.3% (2025)
- Services, value added 4.7% (2025)
- Inflation, GDP deflator 2.5% (2025)
- Services, value added 59.8% (2025)
Frequently asked questions
- What is gross capital formation in East Asia & Pacific?
- Gross capital formation in East Asia & Pacific was 11.20 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?
- The highest recorded value was 11.53 trillion current US$ in 2021.
- What is the lowest gross capital formation recorded in East Asia & Pacific?
- The lowest recorded value was 46.22 billion current US$ in 1962.
- How does East Asia & Pacific rank for gross capital formation?
- East Asia & Pacific ranks 9th out of 41 groups with data for 2024.
- Is gross capital formation rising or falling in East Asia & Pacific?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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.