Gross fixed capital formation in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Gross fixed capital formation was 7.7% in 2025. ◆ Volatile
Gross fixed capital formation in Europe & Central Asia (excluding high income), 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Europe & Central Asia (excluding high income) recorded 7.7% for gross fixed capital formation in 2025.
The figure is up 13.5% on the previous year and up 28.8% over ten years.
Over the whole period, gross fixed capital formation in Europe & Central Asia (excluding high income) peaked at 26.4% in 2004 and was at its lowest, -24.0%, in 1994.
That places Europe & Central Asia (excluding high income) 1st out of 33 groups with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Europe & Central Asia (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -12.1% | — |
| 1992 | -8.9% | -26.0% |
| 1993 | -8.2% | -7.7% |
| 1994 | -24.0% | +190.8% |
| 1995 | -2.6% | -89.1% |
| 1996 | 3.1% | -220.9% |
| 1997 | 10.9% | +247.3% |
| 1998 | -6.3% | -157.2% |
| 1999 | -6.8% | +8.5% |
| 2000 | 18.7% | -375.5% |
| 2001 | -15.0% | -180.3% |
| 2002 | 14.1% | -194.1% |
| 2003 | 17.8% | +25.8% |
| 2004 | 26.4% | +48.4% |
| 2005 | 17.3% | -34.5% |
| 2006 | 17.7% | +2.2% |
| 2007 | 11.3% | -36.0% |
| 2008 | 0.9% | -92.4% |
| 2009 | -18.2% | -2201.6% |
| 2010 | 13.2% | -172.9% |
| 2011 | 16.5% | +24.4% |
| 2012 | 3.6% | -78.1% |
| 2013 | 10.0% | +179.1% |
| 2014 | 1.8% | -82.6% |
| 2015 | 6.0% | +241.4% |
| 2016 | 3.1% | -47.5% |
| 2017 | 8.0% | +153.9% |
| 2018 | 4.3% | -46.3% |
| 2019 | -2.4% | -155.8% |
| 2020 | 1.9% | -178.1% |
| 2021 | 6.0% | +221.2% |
| 2022 | 1.5% | -75.1% |
| 2023 | 12.2% | +717.5% |
| 2024 | 6.8% | -44.3% |
| 2025 | 7.7% | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.1% | -24.0% | 10.9% | 9 |
| 2000s | 9.1% | -18.2% | 26.4% | 10 |
| 2010s | 6.4% | -2.4% | 16.5% | 10 |
| 2020s | 6.0% | 1.5% | 12.2% | 6 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1037 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is gross fixed capital formation in Europe & Central Asia (excluding high income)?
- Gross fixed capital formation in Europe & Central Asia (excluding high income) was 7.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 26.4% in 2004.
- What is the lowest gross fixed capital formation recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was -24.0% in 1994.
- How does Europe & Central Asia (excluding high income) rank for gross fixed capital formation?
- Europe & Central Asia (excluding high income) ranks 1st out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.