Gross fixed capital formation in Europe & Central Asia
Europe & Central Asia: Gross fixed capital formation was 3.0% in 2025. ◆ Volatile
Gross fixed capital formation in Europe & Central Asia, 1971–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Europe & Central Asia is 3.0%, measured in 2025.
That represents a change of up 2,549.4% on the previous year and down 21.1% over ten years.
Over the whole period, gross fixed capital formation in Europe & Central Asia peaked at 8.1% in 1988 and was at its lowest, -11.8%, in 2009.
Europe & Central Asia ranks 14th of 33 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 fixed capital formation in Europe & Central Asia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 4.6% | — |
| 1972 | 4.3% | -6.1% |
| 1973 | 5.1% | +18.1% |
| 1974 | -2.3% | -144.7% |
| 1975 | -4.0% | +77.9% |
| 1976 | 1.7% | -143.2% |
| 1977 | 2.0% | +15.5% |
| 1978 | 2.0% | -3.2% |
| 1979 | 3.6% | +83.2% |
| 1980 | 2.2% | -38.1% |
| 1981 | -3.6% | -261.7% |
| 1982 | -1.5% | -57.2% |
| 1983 | 0.8% | -150.1% |
| 1984 | 1.7% | +120.2% |
| 1985 | 2.8% | +63.4% |
| 1986 | 4.1% | +48.7% |
| 1987 | 5.0% | +20.6% |
| 1988 | 8.1% | +63.8% |
| 1989 | 6.4% | -21.3% |
| 1990 | 4.0% | -37.7% |
| 1991 | -3.9% | -197.2% |
| 1992 | -7.3% | +89.8% |
| 1993 | -7.1% | -3.1% |
| 1994 | -0.4% | -94.7% |
| 1995 | 2.8% | -855.2% |
| 1996 | 2.0% | -30.8% |
| 1997 | 2.8% | +41.9% |
| 1998 | 5.1% | +84.2% |
| 1999 | 4.3% | -15.5% |
| 2000 | 5.7% | +32.4% |
| 2001 | 0.8% | -86.4% |
| 2002 | -0.1% | -115.9% |
| 2003 | 2.4% | -2051.9% |
| 2004 | 4.6% | +91.0% |
| 2005 | 4.9% | +7.0% |
| 2006 | 7.1% | +43.4% |
| 2007 | 7.3% | +3.2% |
| 2008 | 0.3% | -95.7% |
| 2009 | -11.8% | -3904.0% |
| 2010 | 1.3% | -110.7% |
| 2011 | 3.6% | +187.2% |
| 2012 | -0.6% | -115.8% |
| 2013 | 0.4% | -163.6% |
| 2014 | 2.4% | +568.0% |
| 2015 | 3.8% | +55.2% |
| 2016 | 3.4% | -10.3% |
| 2017 | 4.4% | +29.2% |
| 2018 | 2.9% | -34.0% |
| 2019 | 4.7% | +63.0% |
| 2020 | -4.7% | -200.4% |
| 2021 | 5.2% | -210.5% |
| 2022 | 2.9% | -44.9% |
| 2023 | 3.8% | +31.9% |
| 2024 | 0.1% | -97.0% |
| 2025 | 3.0% | +2549.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.9% | -4.0% | 5.1% | 9 |
| 1980s | 2.6% | -3.6% | 8.1% | 10 |
| 1990s | 0.2% | -7.3% | 5.1% | 10 |
| 2000s | 2.1% | -11.8% | 7.3% | 10 |
| 2010s | 2.6% | -0.6% | 4.7% | 10 |
| 2020s | 1.7% | -4.7% | 5.2% | 6 |
Countries ranked near Europe & Central Asia
- 11 Bahamas 20.7% compare
- 12 Sierra Leone 19.7% compare
- 13 Syrian Arab Republic 19.5% compare
- 14 Marshall Islands 19.0% compare
- 15 Chad 18.8% compare
- 16 Republic of Moldova 16.9% compare
- 17 Argentina 16.4% compare
More economy & growth data for Europe & Central Asia
- Services, value added 16.26 trillion constant 2015 US$ (2025)
- Services, value added (current US$), per capita 22,670 current US$ per person (2025)
- Industry (including construction), value added 7.31 trillion current US$ (2025)
- Industry (including construction), value added 5.48 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.9% (2025)
- Industry (including construction), value added 22.7% (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.47 % change on previous year (2025)
- Services, value added 21.14 trillion current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 31,202 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9017 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Europe & Central Asia?
- Gross fixed capital formation in Europe & Central Asia was 3.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Europe & Central Asia?
- The highest recorded value was 8.1% in 1988.
- What is the lowest gross fixed capital formation recorded in Europe & Central Asia?
- The lowest recorded value was -11.8% in 2009.
- How does Europe & Central Asia rank for gross fixed capital formation?
- Europe & Central Asia ranks 14th out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Europe & Central Asia?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia 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.