Gross fixed capital formation, private sector in East Asia & Pacific
East Asia & Pacific: Gross fixed capital formation, private sector was 29.6% in 2023. ▲ Rising
Gross fixed capital formation, private sector in East Asia & Pacific, 1992–2023
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, private sector in East Asia & Pacific is 29.6%, measured in 2023.
Compared with earlier readings it is down 3.7% on the previous year and down 12.2% over ten years.
Over the whole period, gross fixed capital formation, private sector in East Asia & Pacific peaked at 33.7% in 2013 and was at its lowest, 26.5%, in 1999.
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, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 26.8% | — |
| 1993 | 31.0% | +15.8% |
| 1994 | 29.4% | -5.3% |
| 1995 | 28.4% | -3.2% |
| 1996 | 27.9% | -1.7% |
| 1997 | 27.0% | -3.5% |
| 1998 | 27.0% | +0.1% |
| 1999 | 26.5% | -1.7% |
| 2000 | 26.9% | +1.3% |
| 2001 | 26.7% | -0.6% |
| 2002 | 27.5% | +3.1% |
| 2003 | 28.9% | +4.9% |
| 2004 | 29.9% | +3.5% |
| 2005 | 30.2% | +1.1% |
| 2006 | 30.1% | -0.4% |
| 2007 | 29.9% | -0.7% |
| 2008 | 30.3% | +1.2% |
| 2009 | 32.9% | +8.5% |
| 2010 | 32.9% | +0.1% |
| 2011 | 33.0% | +0.5% |
| 2012 | 33.5% | +1.4% |
| 2013 | 33.7% | +0.6% |
| 2014 | 33.2% | -1.3% |
| 2015 | 31.8% | -4.3% |
| 2016 | 31.6% | -0.9% |
| 2017 | 31.3% | -0.7% |
| 2018 | 32.1% | +2.4% |
| 2019 | 31.9% | -0.4% |
| 2020 | 30.8% | -3.4% |
| 2021 | 30.7% | -0.3% |
| 2022 | 30.7% | -0.1% |
| 2023 | 29.6% | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.0% | 26.5% | 31.0% | 8 |
| 2000s | 29.3% | 26.7% | 32.9% | 10 |
| 2010s | 32.5% | 31.3% | 33.7% | 10 |
| 2020s | 30.5% | 29.6% | 30.8% | 4 |
Countries ranked near East Asia & Pacific
More economy & growth data for East Asia & Pacific
- Manufacturing, value added (current US$), per unit of GDP 0.223 current US$ per US$ of GDP (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$), annual growth rate 5.97 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2845 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 4,005 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.01 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0547 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 769.41 constant 2015 US$ per person (2025)
- GDP 33.66 trillion current US$ (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in East Asia & Pacific?
- Gross fixed capital formation, private sector in East Asia & Pacific was 29.6% 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?
- The highest recorded value was 33.7% in 2013.
- What is the lowest gross fixed capital formation, private sector recorded in East Asia & Pacific?
- The lowest recorded value was 26.5% in 1999.
- How does East Asia & Pacific rank for gross fixed capital formation, private sector?
- East Asia & Pacific ranks 5th out of 17 groups with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in East Asia & Pacific?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.