Gross capital formation in South Africa
South Africa: Gross capital formation was 51.11 billion constant 2015 US$ in 2025. ◆ Volatile
Gross capital formation in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in South Africa is 51.11 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 0.7% on the previous year and down 20.9% over ten years.
Over the whole period, gross capital formation in South Africa peaked at 64.60 billion constant 2015 US$ in 2015 and was at its lowest, 8.31 billion constant 2015 US$, in 1962.
That places South Africa 45th out of 162 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in South Africa, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 8.52 billion constant 2015 US$ | — |
| 1961 | 8.63 billion constant 2015 US$ | +1.3% |
| 1962 | 8.31 billion constant 2015 US$ | -3.7% |
| 1963 | 10.53 billion constant 2015 US$ | +26.7% |
| 1964 | 12.40 billion constant 2015 US$ | +17.7% |
| 1965 | 14.10 billion constant 2015 US$ | +13.7% |
| 1966 | 13.16 billion constant 2015 US$ | -6.6% |
| 1967 | 15.70 billion constant 2015 US$ | +19.3% |
| 1968 | 15.23 billion constant 2015 US$ | -3.0% |
| 1969 | 17.07 billion constant 2015 US$ | +12.1% |
| 1970 | 20.03 billion constant 2015 US$ | +17.3% |
| 1971 | 22.10 billion constant 2015 US$ | +10.3% |
| 1972 | 19.56 billion constant 2015 US$ | -11.5% |
| 1973 | 22.20 billion constant 2015 US$ | +13.5% |
| 1974 | 25.76 billion constant 2015 US$ | +16.0% |
| 1975 | 26.29 billion constant 2015 US$ | +2.1% |
| 1976 | 23.46 billion constant 2015 US$ | -10.8% |
| 1977 | 22.18 billion constant 2015 US$ | -5.5% |
| 1978 | 21.59 billion constant 2015 US$ | -2.7% |
| 1979 | 23.64 billion constant 2015 US$ | +9.5% |
| 1980 | 31.10 billion constant 2015 US$ | +31.5% |
| 1981 | 34.21 billion constant 2015 US$ | +10.0% |
| 1982 | 27.37 billion constant 2015 US$ | -20.0% |
| 1983 | 28.27 billion constant 2015 US$ | +3.3% |
| 1984 | 28.30 billion constant 2015 US$ | +0.1% |
| 1985 | 23.19 billion constant 2015 US$ | -18.0% |
| 1986 | 20.18 billion constant 2015 US$ | -13.0% |
| 1987 | 19.38 billion constant 2015 US$ | -4.0% |
| 1988 | 23.53 billion constant 2015 US$ | +21.5% |
| 1989 | 24.24 billion constant 2015 US$ | +3.0% |
| 1990 | 21.48 billion constant 2015 US$ | -11.4% |
| 1991 | 21.33 billion constant 2015 US$ | -0.7% |
| 1992 | 20.03 billion constant 2015 US$ | -6.1% |
| 1993 | 19.98 billion constant 2015 US$ | -0.2% |
| 1994 | 24.17 billion constant 2015 US$ | +21.0% |
| 1995 | 27.61 billion constant 2015 US$ | +14.2% |
| 1996 | 27.89 billion constant 2015 US$ | +1.0% |
| 1997 | 28.71 billion constant 2015 US$ | +2.9% |
| 1998 | 29.67 billion constant 2015 US$ | +3.3% |
| 1999 | 28.74 billion constant 2015 US$ | -3.1% |
| 2000 | 29.75 billion constant 2015 US$ | +3.5% |
| 2001 | 29.89 billion constant 2015 US$ | +0.5% |
| 2002 | 32.55 billion constant 2015 US$ | +8.9% |
| 2003 | 36.28 billion constant 2015 US$ | +11.4% |
| 2004 | 42.07 billion constant 2015 US$ | +16.0% |
| 2005 | 44.80 billion constant 2015 US$ | +6.5% |
| 2006 | 50.52 billion constant 2015 US$ | +12.8% |
| 2007 | 54.88 billion constant 2015 US$ | +8.6% |
| 2008 | 59.71 billion constant 2015 US$ | +8.8% |
| 2009 | 54.68 billion constant 2015 US$ | -8.4% |
| 2010 | 55.10 billion constant 2015 US$ | +0.8% |
| 2011 | 61.56 billion constant 2015 US$ | +11.7% |
| 2012 | 61.12 billion constant 2015 US$ | -0.7% |
| 2013 | 64.18 billion constant 2015 US$ | +5.0% |
| 2014 | 62.12 billion constant 2015 US$ | -3.2% |
| 2015 | 64.60 billion constant 2015 US$ | +4.0% |
| 2016 | 59.19 billion constant 2015 US$ | -8.4% |
| 2017 | 60.95 billion constant 2015 US$ | +3.0% |
| 2018 | 60.21 billion constant 2015 US$ | -1.2% |
| 2019 | 60.09 billion constant 2015 US$ | -0.2% |
| 2020 | 44.61 billion constant 2015 US$ | -25.8% |
| 2021 | 48.30 billion constant 2015 US$ | +8.3% |
| 2022 | 56.95 billion constant 2015 US$ | +17.9% |
| 2023 | 55.93 billion constant 2015 US$ | -1.8% |
| 2024 | 50.75 billion constant 2015 US$ | -9.3% |
| 2025 | 51.11 billion constant 2015 US$ | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.37 billion constant 2015 US$ | 8.31 billion constant 2015 US$ | 17.07 billion constant 2015 US$ | 10 |
| 1970s | 22.68 billion constant 2015 US$ | 19.56 billion constant 2015 US$ | 26.29 billion constant 2015 US$ | 10 |
| 1980s | 25.98 billion constant 2015 US$ | 19.38 billion constant 2015 US$ | 34.21 billion constant 2015 US$ | 10 |
| 1990s | 24.96 billion constant 2015 US$ | 19.98 billion constant 2015 US$ | 29.67 billion constant 2015 US$ | 10 |
| 2000s | 43.52 billion constant 2015 US$ | 29.75 billion constant 2015 US$ | 59.71 billion constant 2015 US$ | 10 |
| 2010s | 60.91 billion constant 2015 US$ | 55.10 billion constant 2015 US$ | 64.60 billion constant 2015 US$ | 10 |
| 2020s | 51.27 billion constant 2015 US$ | 44.61 billion constant 2015 US$ | 56.95 billion constant 2015 US$ | 6 |
Countries ranked near South Africa
- 42 Peru 53.76 billion constant 2015 US$ compare
- 43 Pakistan 53.68 billion constant 2015 US$ compare
- 44 Finland 53.08 billion constant 2015 US$ compare
- 46 New Zealand 50.31 billion constant 2015 US$ compare
- 47 Portugal 50.15 billion constant 2015 US$ compare
- 48 Morocco 49.02 billion constant 2015 US$ compare
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 16.1 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 106,203 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7819 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,158 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 9.97 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in South Africa?
- Gross capital formation in South Africa was 51.11 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in South Africa?
- The highest recorded value was 64.60 billion constant 2015 US$ in 2015.
- What is the lowest gross capital formation recorded in South Africa?
- The lowest recorded value was 8.31 billion constant 2015 US$ in 1962.
- How does South Africa rank for gross capital formation?
- South Africa ranks 45th out of 162 countries with data for 2025.
- Is gross capital formation rising or falling in South Africa?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.