Annual growth of the gross capital formation in South Africa
South Africa: Annual growth of the gross capital formation was -9.3% in 2024. ◆ Volatile
Annual growth of the gross capital formation in South Africa, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
South Africa recorded -9.3% for annual growth of the gross capital formation in 2024.
That represents a change of down 420.8% on the previous year and down 187.9% over ten years.
Over the whole period, annual growth of the gross capital formation in South Africa peaked at 17.9% in 2022 and was at its lowest, -25.8%, in 2020.
South Africa ranks 148th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.5% | — |
| 2001 | 0.5% | -86.3% |
| 2002 | 8.9% | +1754.2% |
| 2003 | 11.4% | +28.5% |
| 2004 | 16.0% | +39.7% |
| 2005 | 6.5% | -59.4% |
| 2006 | 12.8% | +97.1% |
| 2007 | 8.6% | -32.4% |
| 2008 | 8.8% | +2.0% |
| 2009 | -8.4% | -195.7% |
| 2010 | 0.8% | -109.0% |
| 2011 | 11.7% | +1443.4% |
| 2012 | -0.7% | -106.1% |
| 2013 | 5.0% | -794.4% |
| 2014 | -3.2% | -164.4% |
| 2015 | 4.0% | -224.5% |
| 2016 | -8.4% | -309.2% |
| 2017 | 3.0% | -135.5% |
| 2018 | -1.2% | -140.6% |
| 2019 | -0.2% | -83.5% |
| 2020 | -25.8% | +12780.0% |
| 2021 | 8.3% | -132.1% |
| 2022 | 17.9% | +116.8% |
| 2023 | -1.8% | -109.9% |
| 2024 | -9.3% | +420.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.9% | -8.4% | 16.0% | 10 |
| 2010s | 1.1% | -8.4% | 11.7% | 10 |
| 2020s | -2.1% | -25.8% | 17.9% | 5 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 6.35 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1367 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 901.96 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.84 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1889 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,246 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 2.32 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 3.38 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in South Africa?
- Annual growth of the gross capital formation in South Africa was -9.3% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in South Africa?
- The highest recorded value was 17.9% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in South Africa?
- The lowest recorded value was -25.8% in 2020.
- How does South Africa rank for annual growth of the gross capital formation?
- South Africa ranks 148th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in South Africa?
- Over the last ten years it is down 187.9%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).