Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross fixed capital formation was 8.37 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
8.37 trillion current US$
Change on year
up 0.8%
Rank
13th
of 41 groups
All-time high
8.43 trillion current US$
in 2022
All-time low
9.02 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries) is 8.37 trillion current US$, measured in 2024.
The figure 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 (IDA & IBRD countries) peaked at 8.43 trillion current US$ in 2022 and was at its lowest, 9.02 billion current US$, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 13th out of 41 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 22.27 billion current US$ | — |
| 1961 | 11.29 billion current US$ | -49.3% |
| 1962 | 9.02 billion current US$ | -20.1% |
| 1963 | 11.20 billion current US$ | +24.1% |
| 1964 | 14.80 billion current US$ | +32.1% |
| 1965 | 17.64 billion current US$ | +19.2% |
| 1966 | 20.36 billion current US$ | +15.4% |
| 1967 | 16.69 billion current US$ | -18.0% |
| 1968 | 16.02 billion current US$ | -4.0% |
| 1969 | 21.33 billion current US$ | +33.2% |
| 1970 | 28.21 billion current US$ | +32.2% |
| 1971 | 31.38 billion current US$ | +11.3% |
| 1972 | 35.81 billion current US$ | +14.1% |
| 1973 | 44.01 billion current US$ | +22.9% |
| 1974 | 52.13 billion current US$ | +18.5% |
| 1975 | 64.16 billion current US$ | +23.1% |
| 1976 | 63.49 billion current US$ | -1.1% |
| 1977 | 71.96 billion current US$ | +13.3% |
| 1978 | 69.86 billion current US$ | -2.9% |
| 1979 | 80.01 billion current US$ | +14.5% |
| 1980 | 93.52 billion current US$ | +16.9% |
| 1981 | 98.06 billion current US$ | +4.8% |
| 1982 | 106.14 billion current US$ | +8.2% |
| 1983 | 116.67 billion current US$ | +9.9% |
| 1984 | 126.89 billion current US$ | +8.8% |
| 1985 | 143.33 billion current US$ | +13.0% |
| 1986 | 141.82 billion current US$ | -1.1% |
| 1987 | 132.75 billion current US$ | -6.4% |
| 1988 | 157.91 billion current US$ | +18.9% |
| 1989 | 163.44 billion current US$ | +3.5% |
| 1990 | 178.94 billion current US$ | +9.5% |
| 1991 | 206.07 billion current US$ | +15.2% |
| 1992 | 246.65 billion current US$ | +19.7% |
| 1993 | 301.38 billion current US$ | +22.2% |
| 1994 | 353.81 billion current US$ | +17.4% |
| 1995 | 430.77 billion current US$ | +21.8% |
| 1996 | 490.94 billion current US$ | +14.0% |
| 1997 | 486.33 billion current US$ | -0.9% |
| 1998 | 437.62 billion current US$ | -10.0% |
| 1999 | 458.83 billion current US$ | +4.8% |
| 2000 | 513.59 billion current US$ | +11.9% |
| 2001 | 565.09 billion current US$ | +10.0% |
| 2002 | 645.55 billion current US$ | +14.2% |
| 2003 | 784.48 billion current US$ | +21.5% |
| 2004 | 950.16 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 | 2.62 trillion current US$ | +21.2% |
| 2010 | 3.19 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 | 5.34 trillion current US$ | +1.1% |
| 2016 | 5.39 trillion current US$ | +0.9% |
| 2017 | 5.93 trillion current US$ | +10.0% |
| 2018 | 6.79 trillion current US$ | +14.4% |
| 2019 | 6.99 trillion current US$ | +3.0% |
| 2020 | 7.05 trillion current US$ | +0.8% |
| 2021 | 8.36 trillion current US$ | +18.7% |
| 2022 | 8.43 trillion current US$ | +0.8% |
| 2023 | 8.30 trillion current US$ | -1.5% |
| 2024 | 8.37 trillion current US$ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.06 billion current US$ | 9.02 billion current US$ | 22.27 billion current US$ | 10 |
| 1970s | 54.10 billion current US$ | 28.21 billion current US$ | 80.01 billion current US$ | 10 |
| 1980s | 128.05 billion current US$ | 93.52 billion current US$ | 163.44 billion current US$ | 10 |
| 1990s | 359.13 billion current US$ | 178.94 billion current US$ | 490.94 billion current US$ | 10 |
| 2000s | 1.23 trillion current US$ | 513.59 billion current US$ | 2.62 trillion current US$ | 10 |
| 2010s | 5.22 trillion current US$ | 3.19 trillion current US$ | 6.99 trillion current US$ | 10 |
| 2020s | 8.10 trillion current US$ | 7.05 trillion current US$ | 8.43 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 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
- 16 Spain 392.89 billion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Services, value added 12.48 trillion constant 2015 US$ (2025)
- Manufacturing, value added 24.0% (2025)
- Trade in services 6.2% (2025)
- Industry (including construction), value added 8.43 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.4% (2025)
- Industry (including construction), value added 35.6% (2025)
- Services, value added 13.12 trillion current US$ (2025)
- GDP 22.73 trillion constant 2015 US$ (2025)
- GDP 23.22 trillion current US$ (2025)
- Inflation, GDP deflator 3.0% (2025)
Frequently asked questions
- What is gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries)?
- Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries) was 8.37 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 (IDA & IBRD countries)?
- The highest recorded value was 8.43 trillion current US$ in 2022.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 9.02 billion current US$ in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross fixed capital formation?
- East Asia & Pacific (IDA & IBRD countries) ranks 13th out of 41 groups with data for 2024.
- Is gross fixed capital formation rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- 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 (IDA & IBRD countries) 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.