Gross fixed capital formation in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Gross fixed capital formation was 8.38 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
8.38 trillion current US$
Change on year
up 0.8%
Rank
12th
of 43 groups
All-time high
8.44 trillion current US$
in 2022
All-time low
9.03 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in East Asia & Pacific (excluding high income), 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
East Asia & Pacific (excluding high income) recorded 8.38 trillion current US$ for gross fixed capital formation in 2024.
Compared with earlier readings it is up 0.8% on the previous year and up 58.3% over ten years.
Over the whole period, gross fixed capital formation in East Asia & Pacific (excluding high income) peaked at 8.44 trillion current US$ in 2022 and was at its lowest, 9.03 billion current US$, in 1962.
East Asia & Pacific (excluding high income) ranks 12th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in East Asia & Pacific (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 22.30 billion current US$ | — |
| 1961 | 11.30 billion current US$ | -49.3% |
| 1962 | 9.03 billion current US$ | -20.1% |
| 1963 | 11.21 billion current US$ | +24.1% |
| 1964 | 14.82 billion current US$ | +32.1% |
| 1965 | 17.66 billion current US$ | +19.2% |
| 1966 | 20.39 billion current US$ | +15.4% |
| 1967 | 16.71 billion current US$ | -18.0% |
| 1968 | 16.04 billion current US$ | -4.0% |
| 1969 | 21.36 billion current US$ | +33.2% |
| 1970 | 28.24 billion current US$ | +32.2% |
| 1971 | 31.42 billion current US$ | +11.3% |
| 1972 | 35.85 billion current US$ | +14.1% |
| 1973 | 44.06 billion current US$ | +22.9% |
| 1974 | 52.19 billion current US$ | +18.5% |
| 1975 | 64.24 billion current US$ | +23.1% |
| 1976 | 63.56 billion current US$ | -1.1% |
| 1977 | 72.05 billion current US$ | +13.3% |
| 1978 | 69.95 billion current US$ | -2.9% |
| 1979 | 80.10 billion current US$ | +14.5% |
| 1980 | 93.63 billion current US$ | +16.9% |
| 1981 | 98.17 billion current US$ | +4.8% |
| 1982 | 106.27 billion current US$ | +8.2% |
| 1983 | 116.80 billion current US$ | +9.9% |
| 1984 | 127.04 billion current US$ | +8.8% |
| 1985 | 143.50 billion current US$ | +13.0% |
| 1986 | 141.99 billion current US$ | -1.1% |
| 1987 | 132.91 billion current US$ | -6.4% |
| 1988 | 158.09 billion current US$ | +18.9% |
| 1989 | 163.63 billion current US$ | +3.5% |
| 1990 | 179.15 billion current US$ | +9.5% |
| 1991 | 206.31 billion current US$ | +15.2% |
| 1992 | 246.94 billion current US$ | +19.7% |
| 1993 | 301.73 billion current US$ | +22.2% |
| 1994 | 354.22 billion current US$ | +17.4% |
| 1995 | 431.28 billion current US$ | +21.8% |
| 1996 | 491.52 billion current US$ | +14.0% |
| 1997 | 486.90 billion current US$ | -0.9% |
| 1998 | 438.14 billion current US$ | -10.0% |
| 1999 | 459.37 billion current US$ | +4.8% |
| 2000 | 514.20 billion current US$ | +11.9% |
| 2001 | 565.75 billion current US$ | +10.0% |
| 2002 | 646.31 billion current US$ | +14.2% |
| 2003 | 785.40 billion current US$ | +21.5% |
| 2004 | 951.28 billion current US$ | +21.1% |
| 2005 | 1.11 trillion current US$ | +16.9% |
| 2006 | 1.32 trillion current US$ | +18.5% |
| 2007 | 1.65 trillion current US$ | +25.3% |
| 2008 | 2.17 trillion current US$ | +31.3% |
| 2009 | 2.63 trillion current US$ | +21.2% |
| 2010 | 3.20 trillion current US$ | +21.7% |
| 2011 | 3.92 trillion current US$ | +22.7% |
| 2012 | 4.45 trillion current US$ | +13.5% |
| 2013 | 4.95 trillion current US$ | +11.3% |
| 2014 | 5.29 trillion current US$ | +6.9% |
| 2015 | 5.35 trillion current US$ | +1.1% |
| 2016 | 5.40 trillion current US$ | +0.9% |
| 2017 | 5.94 trillion current US$ | +10.0% |
| 2018 | 6.80 trillion current US$ | +14.4% |
| 2019 | 7.00 trillion current US$ | +3.0% |
| 2020 | 7.06 trillion current US$ | +0.8% |
| 2021 | 8.37 trillion current US$ | +18.7% |
| 2022 | 8.44 trillion current US$ | +0.8% |
| 2023 | 8.31 trillion current US$ | -1.5% |
| 2024 | 8.38 trillion current US$ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.08 billion current US$ | 9.03 billion current US$ | 22.30 billion current US$ | 10 |
| 1970s | 54.17 billion current US$ | 28.24 billion current US$ | 80.10 billion current US$ | 10 |
| 1980s | 128.20 billion current US$ | 93.63 billion current US$ | 163.63 billion current US$ | 10 |
| 1990s | 359.56 billion current US$ | 179.15 billion current US$ | 491.52 billion current US$ | 10 |
| 2000s | 1.23 trillion current US$ | 514.20 billion current US$ | 2.63 trillion current US$ | 10 |
| 2010s | 5.23 trillion current US$ | 3.20 trillion current US$ | 7.00 trillion current US$ | 10 |
| 2020s | 8.11 trillion current US$ | 7.06 trillion current US$ | 8.44 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (excluding high income)
- 9 Italy 557.13 billion current US$ compare
- 10 Canada 531.31 billion current US$ compare
- 11 Republic of Korea 530.44 billion current US$ compare
- 12 Türkiye 488.63 billion current US$ compare
- 13 Australia 437.56 billion current US$ compare
- 14 Indonesia 415.87 billion current US$ compare
- 15 Mexico 410.62 billion current US$ compare
More economy & growth data for East Asia & Pacific (excluding high income)
- Gross capital formation 8.58 trillion current US$ (2024)
- Gross national expenditure 21.59 trillion constant 2015 US$ (2025)
- Exports of goods and services 5.93 trillion current US$ (2025)
- Exports of goods and services 25.5% (2025)
- GNI per capita, Atlas method 11,093 current US$ (2025)
- Gross fixed capital formation 37.7% (2024)
- Gross capital formation 38.6% (2024)
- Imports of goods and services 21.8% (2025)
- Imports of goods and services 5.08 trillion current US$ (2025)
- Gross national expenditure 21.68 trillion current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation in East Asia & Pacific (excluding high income)?
- Gross fixed capital formation in East Asia & Pacific (excluding high income) was 8.38 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 8.44 trillion current US$ in 2022.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 9.03 billion current US$ in 1962.
- How does East Asia & Pacific (excluding high income) rank for gross fixed capital formation?
- East Asia & Pacific (excluding high income) ranks 12th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.