Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — East Asia & Pacific

Gross capital formation (% of GDP) in East Asia & Pacific in 2024 — 34.8%. Since 1960, the indicator has fallen by 24.6 pp.

2024 34.8% −0.4 pp vs 2023
World rank
Period maximum 59.4%1960
Period minimum 28.2%1962

Trend over time

1960–2024 · % of GDP

Gross capital formation (% of GDP) — East Asia & Pacific, 1960–2024203040506019601967197419811988199520022009201620231960: 59.4%1962: 28.2%1964: 35.9%1966: 41.9%1968: 32.7%1970: 37.8%1972: 35.6%1974: 37.5%1976: 32.9%1978: 33.4%1980: 34%1982: 32.1%1984: 30.7%1986: 31.4%1988: 34.1%1990: 35.9%1992: 34.3%1994: 32.9%1996: 33.8%1998: 30.3%2000: 29.8%2002: 28.4%2004: 29.9%2006: 30.4%2008: 32.3%2010: 33.1%2012: 34.5%2014: 35.8%2016: 34.4%2018: 35.8%2020: 35.2%2022: 36.3%2024: 34.8%
Change over the period: −24.6 pp Annual average: -0.38 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: East Asia & Pacific

East Asia & Pacific 34.8%
World 26.3%
Gross capital formation (% of GDP) — East Asia & Pacific, by year East Asia & Pacific All countries CSV XLSX
Year % Change, pp
2024 34.8 −0.4 pp
2023 35.2 −1.1 pp
2022 36.3 +0.1 pp
2021 36.2 +0.9 pp
2020 35.2 −0.1 pp
2019 35.4 −0.5 pp
2018 35.8 +0.8 pp
2017 35 +0.6 pp
2016 34.4 −0.5 pp
2015 34.9 −0.9 pp
2014 35.8 +0.3 pp
2013 35.5 +1 pp
2012 34.5 +0.5 pp
2011 34 +0.9 pp
2010 33.1 +1.3 pp
2009 31.8 −0.4 pp
2008 32.3 +1.3 pp
2007 31 +0.5 pp
2006 30.4 +0.3 pp
2005 30.1 +0.2 pp
2004 29.9 +0.8 pp
2003 29.1 +0.7 pp
2002 28.4 −0.9 pp
2001 29.3 −0.5 pp
2000 29.8 +0.5 pp
1999 29.2 −1 pp
1998 30.3 −2.5 pp
1997 32.8 −1 pp
1996 33.8 +0.6 pp
1995 33.2 +0.3 pp
1994 32.9 −0.9 pp
1993 33.8 −0.5 pp
1992 34.3 −1.3 pp
1991 35.6 −0.3 pp
1990 35.9 +0.7 pp
1989 35.3 +1.2 pp
1988 34.1 +2.5 pp
1987 31.6 +0.2 pp
1986 31.4 −0.3 pp
1985 31.7 +1 pp
1984 30.7 −0 pp
1983 30.7 −1.4 pp
1982 32.1 −1.2 pp
1981 33.3 −0.8 pp
1980 34 −0.8 pp
1979 34.8 +1.4 pp
1978 33.4 +0.9 pp
1977 32.6 −0.3 pp
1976 32.9 −1.1 pp
1975 34 −3.5 pp
1974 37.5 −0.4 pp
1973 37.9 +2.3 pp
1972 35.6 −0.5 pp
1971 36 −1.8 pp
1970 37.8 +5.1 pp
1969 32.7 +0 pp
1968 32.7 −1.2 pp
1967 33.9 −8.1 pp
1966 41.9 +1.6 pp
1965 40.3 +4.4 pp
1964 35.9 +1.6 pp
1963 34.3 +6.1 pp
1962 28.2 −8.9 pp
1961 37.1 −22.3 pp
1960 59.4

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.