Gross fixed capital formation in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Gross fixed capital formation was 663.45 billion constant 2015 US$ in 2025. ◆ Volatile
Gross fixed capital formation in Europe & Central Asia (excluding high income), 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Europe & Central Asia (excluding high income) recorded 663.45 billion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 36 years on record.
That represents a change of up 7.7% on the previous year and up 60.3% over ten years.
Over the whole period, gross fixed capital formation in Europe & Central Asia (excluding high income) peaked at 663.45 billion constant 2015 US$ in 2025 and was at its lowest, 117.30 billion constant 2015 US$, in 1999.
Europe & Central Asia (excluding high income) ranks 20th of 33 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Europe & Central Asia (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 215.50 billion constant 2015 US$ | — |
| 1991 | 189.52 billion constant 2015 US$ | -12.1% |
| 1992 | 172.62 billion constant 2015 US$ | -8.9% |
| 1993 | 158.40 billion constant 2015 US$ | -8.2% |
| 1994 | 120.46 billion constant 2015 US$ | -24.0% |
| 1995 | 117.33 billion constant 2015 US$ | -2.6% |
| 1996 | 121.02 billion constant 2015 US$ | +3.1% |
| 1997 | 134.25 billion constant 2015 US$ | +10.9% |
| 1998 | 125.85 billion constant 2015 US$ | -6.3% |
| 1999 | 117.30 billion constant 2015 US$ | -6.8% |
| 2000 | 139.25 billion constant 2015 US$ | +18.7% |
| 2001 | 118.32 billion constant 2015 US$ | -15.0% |
| 2002 | 135.06 billion constant 2015 US$ | +14.1% |
| 2003 | 159.10 billion constant 2015 US$ | +17.8% |
| 2004 | 201.12 billion constant 2015 US$ | +26.4% |
| 2005 | 235.94 billion constant 2015 US$ | +17.3% |
| 2006 | 277.70 billion constant 2015 US$ | +17.7% |
| 2007 | 309.17 billion constant 2015 US$ | +11.3% |
| 2008 | 311.84 billion constant 2015 US$ | +0.9% |
| 2009 | 255.20 billion constant 2015 US$ | -18.2% |
| 2010 | 288.98 billion constant 2015 US$ | +13.2% |
| 2011 | 336.58 billion constant 2015 US$ | +16.5% |
| 2012 | 348.70 billion constant 2015 US$ | +3.6% |
| 2013 | 383.73 billion constant 2015 US$ | +10.0% |
| 2014 | 390.46 billion constant 2015 US$ | +1.8% |
| 2015 | 413.81 billion constant 2015 US$ | +6.0% |
| 2016 | 426.81 billion constant 2015 US$ | +3.1% |
| 2017 | 460.87 billion constant 2015 US$ | +8.0% |
| 2018 | 480.62 billion constant 2015 US$ | +4.3% |
| 2019 | 469.12 billion constant 2015 US$ | -2.4% |
| 2020 | 477.88 billion constant 2015 US$ | +1.9% |
| 2021 | 506.55 billion constant 2015 US$ | +6.0% |
| 2022 | 514.11 billion constant 2015 US$ | +1.5% |
| 2023 | 576.83 billion constant 2015 US$ | +12.2% |
| 2024 | 615.99 billion constant 2015 US$ | +6.8% |
| 2025 | 663.45 billion constant 2015 US$ | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 147.22 billion constant 2015 US$ | 117.30 billion constant 2015 US$ | 215.50 billion constant 2015 US$ | 10 |
| 2000s | 214.27 billion constant 2015 US$ | 118.32 billion constant 2015 US$ | 311.84 billion constant 2015 US$ | 10 |
| 2010s | 399.97 billion constant 2015 US$ | 288.98 billion constant 2015 US$ | 480.62 billion constant 2015 US$ | 10 |
| 2020s | 559.13 billion constant 2015 US$ | 477.88 billion constant 2015 US$ | 663.45 billion constant 2015 US$ | 6 |
Countries ranked near Europe & Central Asia (excluding high income)
- 17 Saudi Arabia 265.99 billion constant 2015 US$ compare
- 18 Switzerland 217.80 billion constant 2015 US$ compare
- 19 Netherlands 190.31 billion constant 2015 US$ compare
- 20 Sweden 143.80 billion constant 2015 US$ compare
- 21 Viet Nam 141.05 billion constant 2015 US$ compare
- 22 Poland 130.74 billion constant 2015 US$ compare
- 23 Belgium 129.57 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Services, value added 1.62 trillion current US$ (2025)
- Manufacturing, value added 457.79 billion constant 2015 US$ (2024)
- Services, value added (current US$), per unit of GDP 0.575 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 719.51 billion current US$ (2025)
- Industry (including construction), value added 633.42 billion constant 2015 US$ (2024)
- Industry (including construction), value added 3.6% (2024)
- Industry (including construction), value added 25.6% (2025)
- Services, value added (current US$), per capita 6,393 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.48 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 4,868 constant 2015 US$ per person (2024)
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 663.45 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 663.45 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 117.30 billion constant 2015 US$ in 1999.
- How does Europe & Central Asia (excluding high income) rank for gross fixed capital formation?
- Europe & Central Asia (excluding high income) ranks 20th 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 60.3%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.