Gross fixed capital formation in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Gross fixed capital formation was 37.7% in 2024. ▲ Rising
Gross fixed capital formation in East Asia & Pacific (excluding high income), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in East Asia & Pacific (excluding high income) is 37.7%, measured in 2024.
That represents a change of down 1.9% on the previous year and down 7.5% over ten years.
Over the whole period, gross fixed capital formation in East Asia & Pacific (excluding high income) peaked at 41.1% in 2013 and was at its lowest, 13.9%, in 1962.
That places East Asia & Pacific (excluding high income) 2nd out of 43 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross fixed capital formation in East Asia & Pacific (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 27.6% | — |
| 1961 | 15.9% | -42.5% |
| 1962 | 13.9% | -12.4% |
| 1963 | 16.0% | +14.7% |
| 1964 | 18.3% | +14.4% |
| 1965 | 18.7% | +2.3% |
| 1966 | 19.7% | +5.5% |
| 1967 | 16.6% | -15.6% |
| 1968 | 15.8% | -5.1% |
| 1969 | 18.7% | +18.4% |
| 1970 | 22.2% | +18.7% |
| 1971 | 23.0% | +3.6% |
| 1972 | 23.1% | +0.2% |
| 1973 | 22.5% | -2.3% |
| 1974 | 23.5% | +4.5% |
| 1975 | 25.8% | +9.7% |
| 1976 | 25.1% | -2.7% |
| 1977 | 24.7% | -1.7% |
| 1978 | 24.7% | +0.0% |
| 1979 | 24.5% | -1.1% |
| 1980 | 24.8% | +1.3% |
| 1981 | 24.3% | -1.8% |
| 1982 | 25.1% | +3.1% |
| 1983 | 26.3% | +5.0% |
| 1984 | 26.4% | +0.4% |
| 1985 | 27.2% | +3.2% |
| 1986 | 27.0% | -0.8% |
| 1987 | 25.6% | -5.3% |
| 1988 | 27.4% | +7.2% |
| 1989 | 26.3% | -4.3% |
| 1990 | 26.8% | +2.2% |
| 1991 | 28.5% | +6.1% |
| 1992 | 30.4% | +6.7% |
| 1993 | 33.8% | +11.3% |
| 1994 | 33.0% | -2.5% |
| 1995 | 32.5% | -1.3% |
| 1996 | 32.3% | -0.8% |
| 1997 | 30.9% | -4.3% |
| 1998 | 30.4% | -1.6% |
| 1999 | 28.9% | -4.8% |
| 2000 | 29.4% | +1.6% |
| 2001 | 30.4% | +3.3% |
| 2002 | 31.3% | +3.1% |
| 2003 | 33.6% | +7.3% |
| 2004 | 35.1% | +4.4% |
| 2005 | 35.4% | +1.0% |
| 2006 | 34.9% | -1.6% |
| 2007 | 34.5% | -1.0% |
| 2008 | 35.8% | +3.7% |
| 2009 | 39.9% | +11.6% |
| 2010 | 39.9% | -0.0% |
| 2011 | 40.1% | +0.5% |
| 2012 | 40.8% | +1.8% |
| 2013 | 41.1% | +0.7% |
| 2014 | 40.7% | -1.0% |
| 2015 | 39.5% | -3.0% |
| 2016 | 39.0% | -1.2% |
| 2017 | 39.3% | +0.7% |
| 2018 | 40.2% | +2.3% |
| 2019 | 40.0% | -0.5% |
| 2020 | 39.6% | -0.9% |
| 2021 | 39.4% | -0.5% |
| 2022 | 39.1% | -0.8% |
| 2023 | 38.4% | -1.9% |
| 2024 | 37.7% | -1.9% |
Biggest year-on-year movements
Years where Gross fixed capital formation in East Asia & Pacific (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | -42.5% | 27.6% | 15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.1% | 13.9% | 27.6% | 10 |
| 1970s | 23.9% | 22.2% | 25.8% | 10 |
| 1980s | 26.1% | 24.3% | 27.4% | 10 |
| 1990s | 30.7% | 26.8% | 33.8% | 10 |
| 2000s | 34.0% | 29.4% | 39.9% | 10 |
| 2010s | 40.1% | 39.0% | 41.1% | 10 |
| 2020s | 38.9% | 37.7% | 39.6% | 5 |
Countries ranked near East Asia & Pacific (excluding high income)
More economy & growth data for East Asia & Pacific (excluding high income)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- GDP (current US$), annual growth rate 4.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5647 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,123 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.42 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5372 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 5,825 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.94 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 10,615 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
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 37.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 41.1% in 2013.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 13.9% in 1962.
- How does East Asia & Pacific (excluding high income) rank for gross fixed capital formation?
- East Asia & Pacific (excluding high income) ranks 2nd 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 down 7.5%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (excluding high income) 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.