Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Europe & Central Asia

Gross capital formation (% of GDP) in Europe & Central Asia in 2025 — 22.9%. Since 1970, the indicator has fallen by 6.8 pp.

2025 22.9% +0.5 pp vs 2024
World rank
Period maximum 29.8%1970
Period minimum 20.3%2009

Trend over time

1970–2025 · % of GDP

Gross capital formation (% of GDP) — Europe & Central Asia, 1970–20252022.52527.53019701976198219881994200020062012201820241970: 29.8%1971: 28.8%1972: 28.3%1973: 29.3%1974: 29.5%1975: 26.1%1976: 27.1%1977: 26.3%1978: 25.4%1979: 26.2%1980: 26.5%1981: 24.1%1982: 23.7%1983: 23.1%1984: 23.4%1985: 23.3%1986: 23.4%1987: 23.7%1988: 24.9%1989: 26%1990: 25.5%1991: 24.9%1992: 23.8%1993: 21.9%1994: 22.2%1995: 22.4%1996: 21.9%1997: 21.7%1998: 22.1%1999: 22.1%2000: 22.6%2001: 22.2%2002: 21.4%2003: 21.3%2004: 21.6%2005: 21.9%2006: 23%2007: 23.9%2008: 23.7%2009: 20.3%2010: 21.1%2011: 21.9%2012: 20.9%2013: 20.7%2014: 20.9%2015: 21.2%2016: 21.4%2017: 22%2018: 22.2%2019: 22.6%2020: 22.6%2021: 23.1%2022: 23.9%2023: 23.2%2024: 22.5%2025: 22.9%
Change over the period: −6.8 pp Annual average: -0.12 pp
Gross capital formation (% of GDP) — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year % Change, pp
2025 22.9 +0.5 pp
2024 22.5 −0.8 pp
2023 23.2 −0.7 pp
2022 23.9 +0.7 pp
2021 23.1 +0.5 pp
2020 22.6 +0 pp
2019 22.6 +0.4 pp
2018 22.2 +0.2 pp
2017 22 +0.6 pp
2016 21.4 +0.2 pp
2015 21.2 +0.2 pp
2014 20.9 +0.2 pp
2013 20.7 −0.3 pp
2012 20.9 −1 pp
2011 21.9 +0.8 pp
2010 21.1 +0.8 pp
2009 20.3 −3.4 pp
2008 23.7 −0.2 pp
2007 23.9 +0.9 pp
2006 23 +1 pp
2005 21.9 +0.4 pp
2004 21.6 +0.2 pp
2003 21.3 −0.1 pp
2002 21.4 −0.8 pp
2001 22.2 −0.4 pp
2000 22.6 +0.6 pp
1999 22.1 −0.1 pp
1998 22.1 +0.5 pp
1997 21.7 −0.2 pp
1996 21.9 −0.5 pp
1995 22.4 +0.2 pp
1994 22.2 +0.3 pp
1993 21.9 −1.9 pp
1992 23.8 −1.1 pp
1991 24.9 −0.7 pp
1990 25.5 −0.5 pp
1989 26 +1.1 pp
1988 24.9 +1.2 pp
1987 23.7 +0.3 pp
1986 23.4 +0.1 pp
1985 23.3 −0.1 pp
1984 23.4 +0.3 pp
1983 23.1 −0.5 pp
1982 23.7 −0.4 pp
1981 24.1 −2.4 pp
1980 26.5 +0.3 pp
1979 26.2 +0.8 pp
1978 25.4 −0.9 pp
1977 26.3 −0.8 pp
1976 27.1 +1.1 pp
1975 26.1 −3.4 pp
1974 29.5 +0.2 pp
1973 29.3 +1.1 pp
1972 28.3 −0.6 pp
1971 28.8 −0.9 pp
1970 29.8

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.