Gross Fixed Capital Formation — Annual growth Standard Local Currency in Russia
Russia: Gross Fixed Capital Formation — Annual growth Standard Local Currency was 14.71 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Russia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Russia recorded 14.71 % for gross fixed capital formation — annual growth standard local currency in 2024.
The figure is down 29.7% on the previous year and up 158.1% over ten years.
Over the whole period, gross fixed capital formation — annual growth standard local currency in Russia peaked at 1,299 % in 1992 and was at its lowest, -7.29 %, in 2009.
Russia ranks 32nd of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Russia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 75.96 % | — |
| 1992 | 1,299 % | +1609.5% |
| 1993 | 668.33 % | -48.5% |
| 1994 | 280.98 % | -58.0% |
| 1995 | 146.17 % | -48.0% |
| 1996 | 33.75 % | -76.9% |
| 1997 | 6.41 % | -81.0% |
| 1998 | -0.8503 % | -113.3% |
| 1999 | 63.77 % | -7599.8% |
| 2000 | 77.1 % | +20.9% |
| 2001 | 37.2 % | -51.7% |
| 2002 | 14.83 % | -60.1% |
| 2003 | 25.41 % | +71.4% |
| 2004 | 29.24 % | +15.0% |
| 2005 | 22.96 % | -21.5% |
| 2006 | 30.05 % | +30.9% |
| 2007 | 37.65 % | +25.3% |
| 2008 | 31.7 % | -15.8% |
| 2009 | -7.29 % | -123.0% |
| 2010 | 17.32 % | -337.5% |
| 2011 | 17.9 % | +3.3% |
| 2012 | 14.56 % | -18.7% |
| 2013 | 9.05 % | -37.8% |
| 2014 | 5.7 % | -37.0% |
| 2015 | 1.18 % | -79.3% |
| 2016 | 9.39 % | +696.4% |
| 2017 | 7.77 % | -17.3% |
| 2018 | 6.26 % | -19.5% |
| 2019 | 6.8 % | +8.7% |
| 2020 | 1.31 % | -80.7% |
| 2021 | 12.32 % | +840.0% |
| 2022 | 21.44 % | +74.0% |
| 2023 | 20.93 % | -2.4% |
| 2024 | 14.71 % | -29.7% |
Russia compared with similar countries
- Russia's 14.71 % is above the median for high income countries, which is 3.69 %, 4.0× the median. (73 countries reporting)
- Russia's 14.71 % is above the median for Europe & Central Asia, which is 3.85 %, 3.8× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Annual growth Standard Local Currency in Russia 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 |
|---|---|---|---|
| 1999 | +7599.8% | -0.8503 % | 63.77 % |
| 1992 | +1609.5% | 75.96 % | 1,299 % |
| 2021 | +840.0% | 1.31 % | 12.32 % |
| 2016 | +696.4% | 1.18 % | 9.39 % |
| 2010 | +337.5% | -7.29 % | 17.32 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 285.9 % | -0.8503 % | 1,299 % | 9 |
| 2000s | 29.89 % | -7.29 % | 77.1 % | 10 |
| 2010s | 9.59 % | 1.18 % | 17.9 % | 10 |
| 2020s | 14.14 % | 1.31 % | 21.44 % | 5 |
Countries ranked near Russia
- 30 Sri Lanka 14.86 % compare
- 31 Nicaragua 14.74 % compare
- 32 Russian Federation 14.71 % compare
- 34 Pakistan 14.69 % compare
- 35 Mozambique 13.94 % compare
More economy & growth data for Russia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 168.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5132 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 122.81 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.005 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth standard local currency in Russia?
- Gross fixed capital formation — annual growth standard local currency in Russia was 14.71 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth standard local currency recorded in Russia?
- The highest recorded value was 1,299 % in 1992.
- What is the lowest gross fixed capital formation — annual growth standard local currency recorded in Russia?
- The lowest recorded value was -7.29 % in 2009.
- How does Russia rank for gross fixed capital formation — annual growth standard local currency?
- Russia ranks 32nd out of 230 countries with data for 2024.
- Is gross fixed capital formation — annual growth standard local currency rising or falling in Russia?
- Over the last ten years it is up 158.1%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).