Gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross fixed capital formation, private sector was 32.4% in 2023. ▲ Rising
Gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries), 1992–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2023, gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries) stood at 32.4%.
That represents a change of down 4.0% on the previous year and down 13.2% over ten years.
Over the whole period, gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries) peaked at 37.4% in 2013 and was at its lowest, 27.6%, in 1997.
The long-run direction has been consistently rising across the 32 years of available data.
Gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 27.6% | — |
| 1993 | 33.3% | +20.6% |
| 1994 | 31.0% | -7.0% |
| 1995 | 29.4% | -5.0% |
| 1996 | 28.8% | -2.3% |
| 1997 | 27.6% | -4.0% |
| 1998 | 28.2% | +2.0% |
| 1999 | 27.7% | -1.5% |
| 2000 | 27.9% | +0.4% |
| 2001 | 28.4% | +2.0% |
| 2002 | 29.6% | +4.0% |
| 2003 | 31.2% | +5.4% |
| 2004 | 32.3% | +3.6% |
| 2005 | 32.7% | +1.4% |
| 2006 | 32.3% | -1.2% |
| 2007 | 32.1% | -0.7% |
| 2008 | 32.5% | +1.2% |
| 2009 | 36.4% | +12.0% |
| 2010 | 36.5% | +0.2% |
| 2011 | 36.7% | +0.5% |
| 2012 | 37.1% | +1.2% |
| 2013 | 37.4% | +0.6% |
| 2014 | 36.8% | -1.4% |
| 2015 | 35.1% | -4.8% |
| 2016 | 34.8% | -0.8% |
| 2017 | 34.5% | -0.9% |
| 2018 | 35.6% | +3.4% |
| 2019 | 35.7% | +0.3% |
| 2020 | 34.3% | -4.1% |
| 2021 | 33.9% | -0.9% |
| 2022 | 33.8% | -0.5% |
| 2023 | 32.4% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.2% | 27.6% | 33.3% | 8 |
| 2000s | 31.5% | 27.9% | 36.4% | 10 |
| 2010s | 36.0% | 34.5% | 37.4% | 10 |
| 2020s | 33.6% | 32.4% | 34.3% | 4 |
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$) 3.98 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.2404 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries)?
- Gross fixed capital formation, private sector in East Asia & Pacific (IDA & IBRD countries) was 32.4% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 37.4% in 2013.
- What is the lowest gross fixed capital formation, private sector recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 27.6% in 1997.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross fixed capital formation, private sector?
- East Asia & Pacific (IDA & IBRD countries) ranks 1st out of 17 groups with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is down 13.2%. 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.