Annual growth of the gross capital formation (%) in Southern Europe
Southern Europe: Annual growth of the gross capital formation (%) was 3.0% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Southern Europe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Southern Europe recorded 3.0% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is up 352.9% on the previous year and down 1.3% over ten years.
Over the whole period, annual growth of the gross capital formation in Southern Europe peaked at 19.6% in 2021 and was at its lowest, -17.5%, in 2009.
That places Southern Europe 20th out of 30 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Southern Europe, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.6% | — |
| 2001 | 3.0% | -55.0% |
| 2002 | 3.4% | +16.1% |
| 2003 | 2.5% | -27.6% |
| 2004 | 3.3% | +31.5% |
| 2005 | 1.5% | -55.6% |
| 2006 | 7.1% | +389.0% |
| 2007 | 4.0% | -44.2% |
| 2008 | -3.3% | -183.5% |
| 2009 | -17.5% | +425.8% |
| 2010 | 0.7% | -104.0% |
| 2011 | -5.3% | -863.2% |
| 2012 | -13.6% | +158.5% |
| 2013 | -4.5% | -67.0% |
| 2014 | 3.0% | -166.7% |
| 2015 | 5.5% | +83.7% |
| 2016 | 3.5% | -36.9% |
| 2017 | 5.1% | +46.4% |
| 2018 | 6.2% | +22.7% |
| 2019 | 0.8% | -86.7% |
| 2020 | -9.8% | -1282.0% |
| 2021 | 19.6% | -300.6% |
| 2022 | 8.6% | -56.3% |
| 2023 | -1.2% | -113.6% |
| 2024 | 3.0% | -352.9% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Southern Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1282.0% | 0.8% | -9.8% |
| 2011 | -863.2% | 0.7% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | -17.5% | 7.1% | 10 |
| 2010s | 0.1% | -13.6% | 6.2% | 10 |
| 2020s | 4.0% | -9.8% | 19.6% | 5 |
Countries ranked near Southern Europe
More economy & growth data for Southern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 7.33 million (2027)
- Gross Fixed Capital Formation — Value US$, annual growth rate 3.1 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.86 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 890,910 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.05 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.17 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Domestic Product — Value US$ per capita 33,234 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Southern Europe?
- Annual growth of the gross capital formation in Southern Europe was 3.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Southern Europe?
- The highest recorded value was 19.6% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Southern Europe?
- The lowest recorded value was -17.5% in 2009.
- How does Southern Europe rank for annual growth of the gross capital formation?
- Southern Europe ranks 20th out of 30 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Southern Europe?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is volatile.
- Where does this Southern Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).