Gross Fixed Capital Formation — Share of GDP US$ in Southern Asia

Southern Asia: Gross Fixed Capital Formation — Share of GDP US$ was 29.2 % in 2024. ▲ Rising

Latest (2024)
29.2 %
Change on year
down 3.1%
Rank
3rd
of 29 groups
All-time high
32.86 %
in 2008
All-time low
16.75 %
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$ in Southern Asia, 1970–2024

0102030197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — share of gdp us$ in Southern Asia is 29.2 %, measured in 2024.

That represents a change of down 3.1% on the previous year and down 0.3% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$ in Southern Asia peaked at 32.86 % in 2008 and was at its lowest, 16.75 %, in 1970.

Southern Asia ranks 3rd of 29 groups on this measure, in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$ in Southern Asia, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$ in Southern Asia, 1970 to 2024.
Year % Change
1970 16.75 %
1971 17.5 % +4.4%
1972 18.57 % +6.2%
1973 18.4 % -0.9%
1974 18.69 % +1.6%
1975 23.61 % +26.3%
1976 28.15 % +19.2%
1977 28.47 % +1.1%
1978 27.18 % -4.5%
1979 22.94 % -15.6%
1980 24.3 % +6.0%
1981 23.47 % -3.4%
1982 23.77 % +1.2%
1983 26.73 % +12.5%
1984 26.91 % +0.7%
1985 23.14 % -14.0%
1986 23.08 % -0.2%
1987 23.55 % +2.0%
1988 22.5 % -4.4%
1989 22.97 % +2.1%
1990 24.69 % +7.5%
1991 25.02 % +1.3%
1992 25.21 % +0.8%
1993 23.53 % -6.7%
1994 22.79 % -3.2%
1995 23.46 % +2.9%
1996 24.42 % +4.1%
1997 24.88 % +1.9%
1998 24.79 % -0.4%
1999 26.31 % +6.1%
2000 25.36 % -3.6%
2001 28.54 % +12.5%
2002 27.04 % -5.2%
2003 27.19 % +0.6%
2004 29.02 % +6.7%
2005 30.06 % +3.6%
2006 30.76 % +2.3%
2007 32.46 % +5.5%
2008 32.86 % +1.2%
2009 32.5 % -1.1%
2010 31.78 % -2.2%
2011 32.74 % +3.0%
2012 32.37 % -1.1%
2013 29.75 % -8.1%
2014 29.28 % -1.6%
2015 27.93 % -4.6%
2016 27.03 % -3.2%
2017 27.47 % +1.6%
2018 28.84 % +5.0%
2019 28.01 % -2.9%
2020 27.65 % -1.3%
2021 29.28 % +5.9%
2022 29.96 % +2.3%
2023 30.14 % +0.6%
2024 29.2 % -3.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 22.03 % 16.75 % 28.47 % 10
1980s 24.04 % 22.5 % 26.91 % 10
1990s 24.51 % 22.79 % 26.31 % 10
2000s 29.58 % 25.36 % 32.86 % 10
2010s 29.52 % 27.03 % 32.74 % 10
2020s 29.25 % 27.65 % 30.14 % 5

Countries ranked near Southern Asia

  1. 1 Turkmenistan 50.44 % compare
  2. 2 Bhutan 45.6 % compare
  3. 3 Democratic Republic of the Congo 33.06 % compare
  4. 3 Grenada 44.2 % compare
  5. 4 China, mainland 40.83 % compare
  6. 4 Türkiye 31 % compare
  7. 5 Benin 40.71 % compare
  8. 5 Viet Nam 29.44 % compare
  9. 6 Suriname 40.7 % compare

See the full ranking of 251 places →

More economy & growth data for Southern Asia

All data for Southern Asia →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$ in Southern Asia?
Gross fixed capital formation — share of gdp us$ in Southern Asia was 29.2 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$ recorded in Southern Asia?
The highest recorded value was 32.86 % in 2008.
What is the lowest gross fixed capital formation — share of gdp us$ recorded in Southern Asia?
The lowest recorded value was 16.75 % in 1970.
How does Southern Asia rank for gross fixed capital formation — share of gdp us$?
Southern Asia ranks 3rd out of 29 groups with data for 2024.
Is gross fixed capital formation — share of gdp us$ rising or falling in Southern Asia?
Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
Where does this Southern Asia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$ in Southern Asia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us/southern-asia/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).