Gross fixed capital formation (constant 2015 US$) in Europe & Central Asia
Europe & Central Asia: Gross fixed capital formation (constant 2015 US$) was 5.45 trillion constant 2015 US$ in 2025. ▲ Rising
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$, in 1970.
That places Europe & Central Asia 5th out of 33 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation (constant 2015 US$) 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 664.11 billion constant 2015 US$ compare
- 6 France 592.76 billion constant 2015 US$ compare
- 7 South 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
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 7,127 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 1.58 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.2059 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 7.23 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Europe & Central Asia?
- Gross fixed capital formation in Europe & Central Asia was 5.45 trillion constant 2015 US$ 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 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 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.
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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.