Gross capital formation in South Africa
South Africa: Gross capital formation was 651.69 billion constant LCU 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 LCU.
Analysis
South Africa recorded 651.69 billion constant LCU for gross capital formation in 2025.
The figure 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 823.74 billion constant LCU in 2015 and was at its lowest, 105.96 billion constant LCU, in 1962.
South Africa ranks 61st of 169 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1960 | 108.63 billion constant LCU | — |
| 1961 | 110.04 billion constant LCU | +1.3% |
| 1962 | 105.96 billion constant LCU | -3.7% |
| 1963 | 134.26 billion constant LCU | +26.7% |
| 1964 | 158.09 billion constant LCU | +17.7% |
| 1965 | 179.81 billion constant LCU | +13.7% |
| 1966 | 167.85 billion constant LCU | -6.6% |
| 1967 | 200.24 billion constant LCU | +19.3% |
| 1968 | 194.16 billion constant LCU | -3.0% |
| 1969 | 217.71 billion constant LCU | +12.1% |
| 1970 | 255.36 billion constant LCU | +17.3% |
| 1971 | 281.75 billion constant LCU | +10.3% |
| 1972 | 249.38 billion constant LCU | -11.5% |
| 1973 | 283.03 billion constant LCU | +13.5% |
| 1974 | 328.43 billion constant LCU | +16.0% |
| 1975 | 335.20 billion constant LCU | +2.1% |
| 1976 | 299.16 billion constant LCU | -10.8% |
| 1977 | 282.76 billion constant LCU | -5.5% |
| 1978 | 275.23 billion constant LCU | -2.7% |
| 1979 | 301.49 billion constant LCU | +9.5% |
| 1980 | 396.58 billion constant LCU | +31.5% |
| 1981 | 436.18 billion constant LCU | +10.0% |
| 1982 | 348.97 billion constant LCU | -20.0% |
| 1983 | 360.53 billion constant LCU | +3.3% |
| 1984 | 360.83 billion constant LCU | +0.1% |
| 1985 | 295.74 billion constant LCU | -18.0% |
| 1986 | 257.30 billion constant LCU | -13.0% |
| 1987 | 247.05 billion constant LCU | -4.0% |
| 1988 | 300.08 billion constant LCU | +21.5% |
| 1989 | 309.05 billion constant LCU | +3.0% |
| 1990 | 273.88 billion constant LCU | -11.4% |
| 1991 | 272.02 billion constant LCU | -0.7% |
| 1992 | 255.35 billion constant LCU | -6.1% |
| 1993 | 254.73 billion constant LCU | -0.2% |
| 1994 | 308.16 billion constant LCU | +21.0% |
| 1995 | 352.01 billion constant LCU | +14.2% |
| 1996 | 355.63 billion constant LCU | +1.0% |
| 1997 | 366.10 billion constant LCU | +2.9% |
| 1998 | 378.33 billion constant LCU | +3.3% |
| 1999 | 366.49 billion constant LCU | -3.1% |
| 2000 | 379.36 billion constant LCU | +3.5% |
| 2001 | 381.17 billion constant LCU | +0.5% |
| 2002 | 415.08 billion constant LCU | +8.9% |
| 2003 | 462.57 billion constant LCU | +11.4% |
| 2004 | 536.48 billion constant LCU | +16.0% |
| 2005 | 571.26 billion constant LCU | +6.5% |
| 2006 | 644.19 billion constant LCU | +12.8% |
| 2007 | 699.78 billion constant LCU | +8.6% |
| 2008 | 761.35 billion constant LCU | +8.8% |
| 2009 | 697.23 billion constant LCU | -8.4% |
| 2010 | 702.56 billion constant LCU | +0.8% |
| 2011 | 784.99 billion constant LCU | +11.7% |
| 2012 | 779.37 billion constant LCU | -0.7% |
| 2013 | 818.37 billion constant LCU | +5.0% |
| 2014 | 792.01 billion constant LCU | -3.2% |
| 2015 | 823.74 billion constant LCU | +4.0% |
| 2016 | 754.66 billion constant LCU | -8.4% |
| 2017 | 777.12 billion constant LCU | +3.0% |
| 2018 | 767.68 billion constant LCU | -1.2% |
| 2019 | 766.16 billion constant LCU | -0.2% |
| 2020 | 568.82 billion constant LCU | -25.8% |
| 2021 | 615.81 billion constant LCU | +8.3% |
| 2022 | 726.09 billion constant LCU | +17.9% |
| 2023 | 713.19 billion constant LCU | -1.8% |
| 2024 | 647.07 billion constant LCU | -9.3% |
| 2025 | 651.69 billion constant LCU | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 157.67 billion constant LCU | 105.96 billion constant LCU | 217.71 billion constant LCU | 10 |
| 1970s | 289.18 billion constant LCU | 249.38 billion constant LCU | 335.20 billion constant LCU | 10 |
| 1980s | 331.23 billion constant LCU | 247.05 billion constant LCU | 436.18 billion constant LCU | 10 |
| 1990s | 318.27 billion constant LCU | 254.73 billion constant LCU | 378.33 billion constant LCU | 10 |
| 2000s | 554.85 billion constant LCU | 379.36 billion constant LCU | 761.35 billion constant LCU | 10 |
| 2010s | 776.67 billion constant LCU | 702.56 billion constant LCU | 823.74 billion constant LCU | 10 |
| 2020s | 653.78 billion constant LCU | 568.82 billion constant LCU | 726.09 billion constant LCU | 6 |
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)
- 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 651.69 billion constant LCU 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 823.74 billion constant LCU in 2015.
- What is the lowest gross capital formation recorded in South Africa?
- The lowest recorded value was 105.96 billion constant LCU in 1962.
- How does South Africa rank for gross capital formation?
- South Africa ranks 61st out of 169 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 LCU). 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 varies by country. This series is expressed in local currency units.