Gross fixed capital formation in East Asia & Pacific
East Asia & Pacific: Gross fixed capital formation was 34.1% in 2024. ▬ Flat
Gross fixed capital formation in East Asia & Pacific, 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 is 34.1%, measured in 2024.
Compared with earlier readings it is down 1.5% on the previous year and down 1.7% over ten years.
Over the whole period, gross fixed capital formation in East Asia & Pacific peaked at 53.9% in 1960 and was at its lowest, 28.2%, in 2002.
East Asia & Pacific ranks 3rd of 43 groups on this measure, in the top 10%.
Gross fixed capital formation in East Asia & Pacific, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 53.9% | — |
| 1961 | 33.9% | -37.1% |
| 1962 | 29.6% | -12.7% |
| 1963 | 31.4% | +6.0% |
| 1964 | 33.5% | +6.9% |
| 1965 | 35.2% | +5.0% |
| 1966 | 35.7% | +1.3% |
| 1967 | 30.3% | -15.1% |
| 1968 | 28.5% | -5.8% |
| 1969 | 30.4% | +6.6% |
| 1970 | 32.9% | +8.2% |
| 1971 | 32.4% | -1.4% |
| 1972 | 32.8% | +1.2% |
| 1973 | 34.5% | +5.0% |
| 1974 | 33.5% | -2.9% |
| 1975 | 32.2% | -3.8% |
| 1976 | 31.2% | -2.9% |
| 1977 | 30.7% | -1.9% |
| 1978 | 31.7% | +3.5% |
| 1979 | 32.5% | +2.5% |
| 1980 | 32.3% | -0.8% |
| 1981 | 31.6% | -1.9% |
| 1982 | 30.8% | -2.8% |
| 1983 | 29.6% | -3.9% |
| 1984 | 29.2% | -1.1% |
| 1985 | 29.7% | +1.5% |
| 1986 | 30.0% | +1.0% |
| 1987 | 30.6% | +1.9% |
| 1988 | 32.3% | +5.6% |
| 1989 | 33.2% | +2.9% |
| 1990 | 34.2% | +2.8% |
| 1991 | 34.0% | -0.5% |
| 1992 | 33.1% | -2.5% |
| 1993 | 32.9% | -0.6% |
| 1994 | 32.1% | -2.6% |
| 1995 | 32.0% | -0.4% |
| 1996 | 32.5% | +1.7% |
| 1997 | 31.5% | -3.2% |
| 1998 | 30.0% | -4.8% |
| 1999 | 29.3% | -2.3% |
| 2000 | 29.4% | +0.4% |
| 2001 | 28.8% | -2.0% |
| 2002 | 28.2% | -2.1% |
| 2003 | 28.6% | +1.5% |
| 2004 | 29.0% | +1.3% |
| 2005 | 29.5% | +1.9% |
| 2006 | 29.8% | +1.1% |
| 2007 | 29.8% | -0.3% |
| 2008 | 30.6% | +3.0% |
| 2009 | 31.9% | +4.2% |
| 2010 | 31.8% | -0.4% |
| 2011 | 32.5% | +2.1% |
| 2012 | 33.4% | +2.8% |
| 2013 | 34.4% | +3.3% |
| 2014 | 34.7% | +0.8% |
| 2015 | 34.3% | -1.3% |
| 2016 | 33.8% | -1.4% |
| 2017 | 34.2% | +1.3% |
| 2018 | 35.0% | +2.2% |
| 2019 | 35.0% | -0.1% |
| 2020 | 34.9% | -0.3% |
| 2021 | 35.1% | +0.7% |
| 2022 | 35.2% | +0.4% |
| 2023 | 34.7% | -1.6% |
| 2024 | 34.1% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.3% | 28.5% | 53.9% | 10 |
| 1970s | 32.4% | 30.7% | 34.5% | 10 |
| 1980s | 30.9% | 29.2% | 33.2% | 10 |
| 1990s | 32.1% | 29.3% | 34.2% | 10 |
| 2000s | 29.6% | 28.2% | 31.9% | 10 |
| 2010s | 33.9% | 31.8% | 35.0% | 10 |
| 2020s | 34.8% | 34.1% | 35.2% | 5 |
Countries ranked near East Asia & Pacific
More economy & growth data for East Asia & Pacific
- GDP (current US$), per capita 14,077 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.75 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5814 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 8,184 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 4.52 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9812 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 2.7 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 13,812 constant 2015 US$ per person (2025)
- Services, value added (current US$), per capita 8,422 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in East Asia & Pacific?
- Gross fixed capital formation in East Asia & Pacific was 34.1% 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?
- The highest recorded value was 53.9% in 1960.
- What is the lowest gross fixed capital formation recorded in East Asia & Pacific?
- The lowest recorded value was 28.2% in 2002.
- How does East Asia & Pacific rank for gross fixed capital formation?
- East Asia & Pacific ranks 3rd 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 down 1.7%. The long-run trend across the full record is flat.
- Where does this East Asia & Pacific 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.
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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 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.