Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Eastern Asia

Gross capital formation (% of GDP) in Eastern Asia in 2024 — 37.1%. Since 1981, the indicator has risen by 2 pp.

2024 37.1% −0.5 pp vs 2023
World rank
Period maximum 38.8%2022
Period minimum 29.5%2002

Trend over time

1981–2024 · % of GDP

Gross capital formation (% of GDP) — Eastern Asia, 1981–202427.53032.53537.54019811986199119962001200620112016202120241981: 35.1%1982: 33.6%1983: 31.6%1984: 31.9%1985: 33.3%1986: 32.6%1987: 32.9%1988: 35.3%1989: 36.5%1990: 37.2%1991: 37%1992: 35.6%1993: 34.7%1994: 33.5%1995: 33.6%1996: 34.6%1997: 33.6%1998: 31.2%1999: 30.1%2000: 30.6%2001: 30.5%2002: 29.5%2003: 30.2%2004: 30.9%2005: 31.2%2006: 31.8%2007: 32.5%2008: 33.8%2009: 33.5%2010: 34.7%2011: 35.9%2012: 36.3%2013: 37.6%2014: 38.1%2015: 37%2016: 36.3%2017: 37.1%2018: 38%2019: 37.6%2020: 37.7%2021: 38.4%2022: 38.8%2023: 37.7%2024: 37.1%
Change over the period: +2 pp Annual average: 0.05 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Eastern Asia

Eastern Asia 37.1%
World 26.3%
Gross capital formation (% of GDP) — Eastern Asia, by year Eastern Asia All countries CSV XLSX
Year % Change, pp
2024 37.1 −0.5 pp
2023 37.7 −1.1 pp
2022 38.8 +0.4 pp
2021 38.4 +0.7 pp
2020 37.7 +0.1 pp
2019 37.6 −0.4 pp
2018 38 +0.9 pp
2017 37.1 +0.8 pp
2016 36.3 −0.7 pp
2015 37 −1.1 pp
2014 38.1 +0.5 pp
2013 37.6 +1.3 pp
2012 36.3 +0.4 pp
2011 35.9 +1.2 pp
2010 34.7 +1.2 pp
2009 33.5 −0.3 pp
2008 33.8 +1.3 pp
2007 32.5 +0.8 pp
2006 31.8 +0.6 pp
2005 31.2 +0.3 pp
2004 30.9 +0.7 pp
2003 30.2 +0.7 pp
2002 29.5 −1 pp
2001 30.5 −0.1 pp
2000 30.6 +0.4 pp
1999 30.1 −1.1 pp
1998 31.2 −2.4 pp
1997 33.6 −1 pp
1996 34.6 +1 pp
1995 33.6 +0.1 pp
1994 33.5 −1.2 pp
1993 34.7 −0.9 pp
1992 35.6 −1.5 pp
1991 37 −0.1 pp
1990 37.2 +0.7 pp
1989 36.5 +1.2 pp
1988 35.3 +2.4 pp
1987 32.9 +0.2 pp
1986 32.6 −0.7 pp
1985 33.3 +1.4 pp
1984 31.9 +0.3 pp
1983 31.6 −2 pp
1982 33.6 −1.5 pp
1981 35.1

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.