Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross fixed capital formation was 37.7% in 2024. ▲ Rising
Gross fixed capital formation in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 37.7% for gross fixed capital formation in 2024.
The figure is 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 (IDA & IBRD countries) peaked at 41.1% in 2013 and was at its lowest, 13.9%, in 1962.
East Asia & Pacific (IDA & IBRD countries) ranks 1st of 43 groups on this measure, 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 (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 27.6% | — |
| 1961 | 15.9% | -42.5% |
| 1962 | 13.9% | -12.4% |
| 1963 | 15.9% | +14.7% |
| 1964 | 18.2% | +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 | 23.0% | +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 | 24.4% | -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% | +1.7% |
| 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 (IDA & IBRD countries) 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 | 26.0% | 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 (IDA & IBRD countries)
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0735 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 4,053 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.19 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3602 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,949 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 3.68 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2183 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,394 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.98 % change on previous year (2025)
- GDP growth 4.9% (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 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 (IDA & IBRD countries)?
- The highest recorded value was 41.1% in 2013.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 13.9% in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross fixed capital formation?
- East Asia & Pacific (IDA & IBRD countries) ranks 1st out of 43 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 down 7.5%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.