Africa vs Spain: Gross Fixed Capital Formation — Value US$

Africa
594,014 million USD
in 2024
Spain
340,538 million USD
in 2024
Africa rank
10th
Spain rank
16th

Gross Fixed Capital Formation — Value US$ over time

  • Africa
  • Spain
0200.0k400.0k600.0k197019972024

How they compare

Africa currently reports 594,014 million USD against 340,538 million USD in Spain, a difference of 253,476 million USD.

That makes Africa's figure about 1.7 times Spain's.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Africa ahead.

Africa ranks 10th and Spain ranks 16th of 41 groups.

Across the 6 decades both report, Africa averaged higher in 4 and Spain in 2.

Head to head by decade

Decade Africa Spain Difference Ahead
1970s 119,042 million USD 26,680 million USD 92,362 million USD Africa
1980s 196,921 million USD 57,172 million USD 139,748 million USD Africa
1990s 124,735 million USD 136,335 million USD 11,600 million USD Spain
2000s 254,196 million USD 302,565 million USD 48,369 million USD Spain
2010s 519,173 million USD 264,038 million USD 255,135 million USD Africa
2020s 606,147 million USD 305,938 million USD 300,209 million USD Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, Africa or Spain?
Africa, at 594,014 million USD against 340,538 million USD in Spain as of 2024.
What is the difference in gross fixed capital formation — value us$ between Africa and Spain?
253,476 million USD, with Africa ahead.
How many years of comparable data are there for Africa and Spain?
55 years are reported by both, from 1970 to 2024.
How do Africa and Spain rank globally for gross fixed capital formation — value us$?
Africa ranks 10th and Spain ranks 16th of 41 groups.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa vs Spain: Gross Fixed Capital Formation — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us/africa/spain/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
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).