Gross fixed capital formation (current US$) in East Asia & Pacific
East Asia & Pacific: Gross fixed capital formation (current US$) was 10.99 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
10.99 trillion current US$
Change on year
up 0.3%
Rank
9th
of 43 groups
All-time high
11.18 trillion current US$
in 2021
All-time low
48.46 billion current US$
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in East Asia & Pacific is 10.99 trillion current US$, measured in 2024.
That represents a change of up 0.3% on the previous year and up 40.9% over ten years.
Over the whole period, gross fixed capital formation in East Asia & Pacific peaked at 11.18 trillion current US$ in 2021 and was at its lowest, 48.46 billion current US$, in 1962.
That places East Asia & Pacific 9th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in East Asia & Pacific, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 85.35 billion current US$ | — |
| 1961 | 54.18 billion current US$ | -36.5% |
| 1962 | 48.46 billion current US$ | -10.6% |
| 1963 | 57.33 billion current US$ | +18.3% |
| 1964 | 70.34 billion current US$ | +22.7% |
| 1965 | 82.20 billion current US$ | +16.8% |
| 1966 | 93.23 billion current US$ | +13.4% |
| 1967 | 86.13 billion current US$ | -7.6% |
| 1968 | 89.67 billion current US$ | +4.1% |
| 1969 | 110.23 billion current US$ | +22.9% |
| 1970 | 137.43 billion current US$ | +24.7% |
| 1971 | 150.56 billion current US$ | +9.6% |
| 1972 | 189.58 billion current US$ | +25.9% |
| 1973 | 262.43 billion current US$ | +38.4% |
| 1974 | 293.82 billion current US$ | +12.0% |
| 1975 | 309.36 billion current US$ | +5.3% |
| 1976 | 330.37 billion current US$ | +6.8% |
| 1977 | 386.40 billion current US$ | +17.0% |
| 1978 | 505.98 billion current US$ | +30.9% |
| 1979 | 562.82 billion current US$ | +11.2% |
| 1980 | 603.61 billion current US$ | +7.2% |
| 1981 | 651.99 billion current US$ | +8.0% |
| 1982 | 620.66 billion current US$ | -4.8% |
| 1983 | 635.31 billion current US$ | +2.4% |
| 1984 | 671.99 billion current US$ | +5.8% |
| 1985 | 719.83 billion current US$ | +7.1% |
| 1986 | 951.90 billion current US$ | +32.2% |
| 1987 | 1.14 trillion current US$ | +19.7% |
| 1988 | 1.45 trillion current US$ | +27.0% |
| 1989 | 1.55 trillion current US$ | +7.1% |
| 1990 | 1.66 trillion current US$ | +7.3% |
| 1991 | 1.87 trillion current US$ | +12.4% |
| 1992 | 1.99 trillion current US$ | +6.6% |
| 1993 | 2.22 trillion current US$ | +11.2% |
| 1994 | 2.41 trillion current US$ | +8.9% |
| 1995 | 2.73 trillion current US$ | +12.8% |
| 1996 | 2.67 trillion current US$ | -1.9% |
| 1997 | 2.47 trillion current US$ | -7.5% |
| 1998 | 2.10 trillion current US$ | -15.1% |
| 1999 | 2.29 trillion current US$ | +9.1% |
| 2000 | 2.50 trillion current US$ | +8.9% |
| 2001 | 2.27 trillion current US$ | -8.9% |
| 2002 | 2.26 trillion current US$ | -0.5% |
| 2003 | 2.52 trillion current US$ | +11.4% |
| 2004 | 2.86 trillion current US$ | +13.5% |
| 2005 | 3.11 trillion current US$ | +8.7% |
| 2006 | 3.33 trillion current US$ | +7.2% |
| 2007 | 3.71 trillion current US$ | +11.4% |
| 2008 | 4.41 trillion current US$ | +18.7% |
| 2009 | 4.73 trillion current US$ | +7.2% |
| 2010 | 5.50 trillion current US$ | +16.3% |
| 2011 | 6.50 trillion current US$ | +18.2% |
| 2012 | 7.15 trillion current US$ | +10.0% |
| 2013 | 7.48 trillion current US$ | +4.6% |
| 2014 | 7.80 trillion current US$ | +4.2% |
| 2015 | 7.67 trillion current US$ | -1.6% |
| 2016 | 7.84 trillion current US$ | +2.1% |
| 2017 | 8.48 trillion current US$ | +8.2% |
| 2018 | 9.44 trillion current US$ | +11.3% |
| 2019 | 9.64 trillion current US$ | +2.1% |
| 2020 | 9.66 trillion current US$ | +0.2% |
| 2021 | 11.18 trillion current US$ | +15.7% |
| 2022 | 11.09 trillion current US$ | -0.9% |
| 2023 | 10.95 trillion current US$ | -1.2% |
| 2024 | 10.99 trillion current US$ | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 77.71 billion current US$ | 48.46 billion current US$ | 110.23 billion current US$ | 10 |
| 1970s | 312.87 billion current US$ | 137.43 billion current US$ | 562.82 billion current US$ | 10 |
| 1980s | 899.26 billion current US$ | 603.61 billion current US$ | 1.55 trillion current US$ | 10 |
| 1990s | 2.24 trillion current US$ | 1.66 trillion current US$ | 2.73 trillion current US$ | 10 |
| 2000s | 3.17 trillion current US$ | 2.26 trillion current US$ | 4.73 trillion current US$ | 10 |
| 2010s | 7.75 trillion current US$ | 5.50 trillion current US$ | 9.64 trillion current US$ | 10 |
| 2020s | 10.77 trillion current US$ | 9.66 trillion current US$ | 11.18 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific
- 6 United Kingdom 755.83 billion current US$ compare
- 7 France 741.24 billion current US$ compare
- 8 Russia 591.40 billion current US$ compare
- 9 Italy 557.13 billion current US$ compare
- 10 Canada 531.31 billion current US$ compare
- 11 South Korea 530.44 billion current US$ compare
- 12 Turkey 488.63 billion current US$ compare
More economy & growth data for East Asia & Pacific
- Imports of goods and services (current US$), per unit of GDP 0.2845 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 4,601 current US$ per person (2024)
- Gross capital formation (current US$), annual growth rate 0.7658 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3478 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,689 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.01 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3301 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,646 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.97 % change on previous year (2025)
- GDP per capita 13,812 constant 2015 US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in East Asia & Pacific?
- Gross fixed capital formation in East Asia & Pacific was 10.99 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?
- The highest recorded value was 11.18 trillion current US$ in 2021.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific?
- The lowest recorded value was 48.46 billion current US$ in 1962.
- How does East Asia & Pacific rank for gross fixed capital formation?
- East Asia & Pacific ranks 9th out of 43 groups with data for 2024.
- Is gross fixed capital formation rising or falling in East Asia & Pacific?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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.