Gross fixed capital formation in Europe & Central Asia
Europe & Central Asia: Gross fixed capital formation was 5.45 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
5.45 trillion constant 2015 US$
Change on year
up 3.0%
Rank
5th
of 31 groups
All-time high
5.45 trillion constant 2015 US$
in 2025
All-time low
2.05 trillion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Europe & Central Asia, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Europe & Central Asia is 5.45 trillion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 3.0% on the previous year and up 28.3% over ten years.
Over the whole period, gross fixed capital formation in Europe & Central Asia peaked at 5.45 trillion constant 2015 US$ in 2025 and was at its lowest, 2.05 trillion constant 2015 US$, in 1970.
That places Europe & Central Asia 5th out of 31 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation in Europe & Central Asia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 2.05 trillion constant 2015 US$ | — |
| 1971 | 2.14 trillion constant 2015 US$ | +4.6% |
| 1972 | 2.23 trillion constant 2015 US$ | +4.3% |
| 1973 | 2.35 trillion constant 2015 US$ | +5.1% |
| 1974 | 2.29 trillion constant 2015 US$ | -2.3% |
| 1975 | 2.20 trillion constant 2015 US$ | -4.0% |
| 1976 | 2.24 trillion constant 2015 US$ | +1.7% |
| 1977 | 2.29 trillion constant 2015 US$ | +2.0% |
| 1978 | 2.33 trillion constant 2015 US$ | +2.0% |
| 1979 | 2.41 trillion constant 2015 US$ | +3.6% |
| 1980 | 2.47 trillion constant 2015 US$ | +2.2% |
| 1981 | 2.38 trillion constant 2015 US$ | -3.6% |
| 1982 | 2.34 trillion constant 2015 US$ | -1.5% |
| 1983 | 2.36 trillion constant 2015 US$ | +0.8% |
| 1984 | 2.40 trillion constant 2015 US$ | +1.7% |
| 1985 | 2.47 trillion constant 2015 US$ | +2.8% |
| 1986 | 2.57 trillion constant 2015 US$ | +4.1% |
| 1987 | 2.70 trillion constant 2015 US$ | +5.0% |
| 1988 | 2.91 trillion constant 2015 US$ | +8.1% |
| 1989 | 3.10 trillion constant 2015 US$ | +6.4% |
| 1990 | 3.22 trillion constant 2015 US$ | +4.0% |
| 1991 | 3.10 trillion constant 2015 US$ | -3.9% |
| 1992 | 2.87 trillion constant 2015 US$ | -7.3% |
| 1993 | 2.67 trillion constant 2015 US$ | -7.1% |
| 1994 | 2.66 trillion constant 2015 US$ | -0.4% |
| 1995 | 2.73 trillion constant 2015 US$ | +2.8% |
| 1996 | 2.79 trillion constant 2015 US$ | +2.0% |
| 1997 | 2.86 trillion constant 2015 US$ | +2.8% |
| 1998 | 3.01 trillion constant 2015 US$ | +5.1% |
| 1999 | 3.14 trillion constant 2015 US$ | +4.3% |
| 2000 | 3.32 trillion constant 2015 US$ | +5.7% |
| 2001 | 3.35 trillion constant 2015 US$ | +0.8% |
| 2002 | 3.34 trillion constant 2015 US$ | -0.1% |
| 2003 | 3.42 trillion constant 2015 US$ | +2.4% |
| 2004 | 3.58 trillion constant 2015 US$ | +4.6% |
| 2005 | 3.76 trillion constant 2015 US$ | +4.9% |
| 2006 | 4.02 trillion constant 2015 US$ | +7.1% |
| 2007 | 4.32 trillion constant 2015 US$ | +7.3% |
| 2008 | 4.33 trillion constant 2015 US$ | +0.3% |
| 2009 | 3.82 trillion constant 2015 US$ | -11.8% |
| 2010 | 3.87 trillion constant 2015 US$ | +1.3% |
| 2011 | 4.01 trillion constant 2015 US$ | +3.6% |
| 2012 | 3.98 trillion constant 2015 US$ | -0.6% |
| 2013 | 4.00 trillion constant 2015 US$ | +0.4% |
| 2014 | 4.09 trillion constant 2015 US$ | +2.4% |
| 2015 | 4.25 trillion constant 2015 US$ | +3.8% |
| 2016 | 4.39 trillion constant 2015 US$ | +3.4% |
| 2017 | 4.59 trillion constant 2015 US$ | +4.4% |
| 2018 | 4.72 trillion constant 2015 US$ | +2.9% |
| 2019 | 4.94 trillion constant 2015 US$ | +4.7% |
| 2020 | 4.71 trillion constant 2015 US$ | -4.7% |
| 2021 | 4.95 trillion constant 2015 US$ | +5.2% |
| 2022 | 5.09 trillion constant 2015 US$ | +2.9% |
| 2023 | 5.29 trillion constant 2015 US$ | +3.8% |
| 2024 | 5.29 trillion constant 2015 US$ | +0.1% |
| 2025 | 5.45 trillion constant 2015 US$ | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.25 trillion constant 2015 US$ | 2.05 trillion constant 2015 US$ | 2.41 trillion constant 2015 US$ | 10 |
| 1980s | 2.57 trillion constant 2015 US$ | 2.34 trillion constant 2015 US$ | 3.10 trillion constant 2015 US$ | 10 |
| 1990s | 2.91 trillion constant 2015 US$ | 2.66 trillion constant 2015 US$ | 3.22 trillion constant 2015 US$ | 10 |
| 2000s | 3.73 trillion constant 2015 US$ | 3.32 trillion constant 2015 US$ | 4.33 trillion constant 2015 US$ | 10 |
| 2010s | 4.28 trillion constant 2015 US$ | 3.87 trillion constant 2015 US$ | 4.94 trillion constant 2015 US$ | 10 |
| 2020s | 5.13 trillion constant 2015 US$ | 4.71 trillion constant 2015 US$ | 5.45 trillion constant 2015 US$ | 6 |
Countries ranked near Europe & Central Asia
- 2 Japan 1.25 trillion constant 2015 US$ compare
- 3 India 1.15 trillion constant 2015 US$ compare
- 4 Germany 703.36 billion constant 2015 US$ compare
- 5 United Kingdom of Great Britain and Northern Ireland 664.11 billion constant 2015 US$ compare
- 6 France 592.76 billion constant 2015 US$ compare
- 7 Republic of Korea 519.10 billion constant 2015 US$ compare
- 8 Italy 474.73 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia
- Services, value added 16.26 trillion constant 2015 US$ (2025)
- Manufacturing, value added 3.67 trillion constant 2015 US$ (2025)
- Manufacturing, value added 13.5% (2025)
- Industry (including construction), value added 7.31 trillion current US$ (2025)
- Trade in services 24.4% (2025)
- Industry (including construction), value added 1.9% (2025)
- Industry (including construction), value added 22.7% (2025)
- Services, value added 21.14 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 22.18 trillion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) 29.10 trillion current US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in Europe & Central Asia?
- Gross fixed capital formation in Europe & Central Asia was 5.45 trillion 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?
- The highest recorded value was 5.45 trillion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Europe & Central Asia?
- The lowest recorded value was 2.05 trillion constant 2015 US$ in 1970.
- How does Europe & Central Asia rank for gross fixed capital formation?
- Europe & Central Asia ranks 5th out of 31 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Europe & Central Asia?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.