Gross capital formation in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross capital formation was 38.6% in 2024. ▲ Rising
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 % of GDP.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 38.6% for gross capital formation in 2024.
Compared with earlier readings it is down 1.5% on the previous year and down 9.1% over ten years.
Over the whole period, gross capital formation in East Asia & Pacific (IDA & IBRD countries) peaked at 42.9% in 2013 and was at its lowest, 15.3%, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 1st out of 43 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross capital formation in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 35.4% | — |
| 1961 | 20.1% | -43.1% |
| 1962 | 15.3% | -24.1% |
| 1963 | 20.6% | +35.1% |
| 1964 | 23.0% | +11.4% |
| 1965 | 25.6% | +11.1% |
| 1966 | 28.7% | +12.2% |
| 1967 | 22.6% | -21.2% |
| 1968 | 23.1% | +2.2% |
| 1969 | 23.4% | +1.2% |
| 1970 | 31.1% | +32.9% |
| 1971 | 31.9% | +2.8% |
| 1972 | 30.0% | -6.0% |
| 1973 | 31.4% | +4.6% |
| 1974 | 30.4% | -3.0% |
| 1975 | 32.2% | +5.9% |
| 1976 | 29.8% | -7.6% |
| 1977 | 30.4% | +2.2% |
| 1978 | 31.8% | +4.5% |
| 1979 | 31.4% | -1.3% |
| 1980 | 30.0% | -4.4% |
| 1981 | 29.2% | -2.7% |
| 1982 | 28.9% | -1.1% |
| 1983 | 30.9% | +6.9% |
| 1984 | 30.4% | -1.3% |
| 1985 | 32.8% | +7.7% |
| 1986 | 31.4% | -4.2% |
| 1987 | 30.1% | -4.3% |
| 1988 | 33.0% | +9.8% |
| 1989 | 34.1% | +3.2% |
| 1990 | 33.8% | -0.9% |
| 1991 | 34.7% | +2.8% |
| 1992 | 36.0% | +3.6% |
| 1993 | 38.0% | +5.5% |
| 1994 | 37.0% | -2.4% |
| 1995 | 37.1% | +0.1% |
| 1996 | 36.5% | -1.6% |
| 1997 | 34.4% | -5.6% |
| 1998 | 31.9% | -7.4% |
| 1999 | 30.2% | -5.2% |
| 2000 | 30.3% | +0.4% |
| 2001 | 32.2% | +6.2% |
| 2002 | 32.5% | +1.0% |
| 2003 | 35.3% | +8.6% |
| 2004 | 37.2% | +5.2% |
| 2005 | 36.5% | -1.9% |
| 2006 | 35.9% | -1.7% |
| 2007 | 36.5% | +1.7% |
| 2008 | 38.4% | +5.4% |
| 2009 | 40.9% | +6.5% |
| 2010 | 42.2% | +3.2% |
| 2011 | 42.6% | +0.9% |
| 2012 | 42.7% | +0.1% |
| 2013 | 42.9% | +0.5% |
| 2014 | 42.4% | -1.0% |
| 2015 | 40.5% | -4.7% |
| 2016 | 39.9% | -1.3% |
| 2017 | 40.4% | +1.1% |
| 2018 | 41.3% | +2.1% |
| 2019 | 40.5% | -1.9% |
| 2020 | 40.2% | -0.6% |
| 2021 | 40.8% | +1.5% |
| 2022 | 40.4% | -1.0% |
| 2023 | 39.1% | -3.2% |
| 2024 | 38.6% | -1.5% |
Biggest year-on-year movements
Years where Gross capital formation in East Asia & Pacific (IDA & IBRD countries) 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 |
|---|---|---|---|
| 1961 | -43.1% | 35.4% | 20.1% |
| 1963 | +35.1% | 15.3% | 20.6% |
| 1970 | +32.9% | 23.4% | 31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.8% | 15.3% | 35.4% | 10 |
| 1970s | 31.0% | 29.8% | 32.2% | 10 |
| 1980s | 31.1% | 28.9% | 34.1% | 10 |
| 1990s | 35.0% | 30.2% | 38.0% | 10 |
| 2000s | 35.6% | 30.3% | 40.9% | 10 |
| 2010s | 41.5% | 39.9% | 42.9% | 10 |
| 2020s | 39.8% | 38.6% | 40.8% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 1 Turkmenistan 46.6% compare
- 2 Algeria 45.3% compare
- 3 Mauritania 44.3% compare
- 4 Bhutan 42.6% compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- GDP 22.73 trillion constant 2015 US$ (2025)
- GDP 23.22 trillion current US$ (2025)
- Inflation, GDP deflator 3.0% (2025)
- Gross capital formation (current US$), per capita 4,053 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 3,958 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 0.8097 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3766 current US$ per US$ of GDP (2024)
- GDP growth 4.9% (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 38.6% 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 42.9% in 2013.
- What is the lowest gross capital formation recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 15.3% in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross capital formation?
- East Asia & Pacific (IDA & IBRD countries) ranks 1st out of 43 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 down 9.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.