East Asia & Pacific (excluding high income): Gross fixed capital formation, private sector (% of GDP)

Key figures

What the numbers say

In 2023, East Asia & Pacific (excluding high income)'s gross fixed capital formation, private sector (% of GDP) fell 1.37 percentage points on 2022 (from 33.78% to 32.41%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0.21 percentage points and a typical year strayed about 1.55 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 5.69 percentage points in 1993 and the biggest yearly fall was 2.33 percentage points in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 0.32 percentage points a year. A straight line explains 64% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

What this measures

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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 32 values

Gross fixed capital formation, private sector (% of GDP) in nearby economies

• Bahrain — 26.53% (2024)
• Djibouti — 19.18% (2024)
• Egypt, Arab Rep. — 6.61% (2025)
• Lebanon — 1.21% (2024)
• Pakistan — 9.9% (2025)
• Saudi Arabia — 26.87% (2025)
• Syrian Arab Republic — 2.99% (2022)
• Yemen, Rep. — 5.35% (2018)

More economic policy & debt data for East Asia & Pacific (excluding high income)

• Exports of goods and services (current US$) — US$5.93 trillion (2025)
• Exports of goods and services (% of GDP) — 25.52% (2025)
• Imports of goods and services (current US$) — US$5.08 trillion (2025)
• Imports of goods and services (% of GDP) — 21.84% (2025)
• External balance on goods and services (% of GDP) — 3.68% (2025)
• Trade (% of GDP) — 46.88% (2025)
• Agriculture, forestry, and fishing, value added (current US$) — US$1.73 trillion (2025)
• Agriculture, forestry, and fishing, value added (constant 2015 US$)

Reading data like this

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Questions people ask

What is East Asia & Pacific (excluding high income)'s gross fixed capital formation, private sector (% of GDP)?

32.41% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 4.79 percentage points from 27.62% in 1992. The highest value was 37.35% in 2013 and the lowest 27.6% in 1997.

Is the latest change in gross fixed capital formation, private sector (% of GDP) unusual for East Asia & Pacific (excluding high income)?

In 2023, East Asia & Pacific (excluding high income)'s gross fixed capital formation, private sector (% of GDP) fell 1.37 percentage points on 2022 (from 33.78% to 32.41%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0.21 percentage points and a typical year strayed about 1.55 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NE.GDI.FPRV.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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