Gross fixed capital formation (constant 2015 US$) in South Africa
South Africa: Gross fixed capital formation (constant 2015 US$) was 50.71 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
50.71 billion constant 2015 US$
Change on year
down 2.2%
World rank
47th
of 161 countries
All-time high
62.44 billion constant 2015 US$
in 2015
All-time low
7.75 billion constant 2015 US$
in 1962
Years of data
66
1960–2025
Gross fixed capital formation in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in South Africa is 50.71 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is down 2.2% on the previous year and down 18.8% over ten years.
Over the whole period, gross fixed capital formation in South Africa peaked at 62.44 billion constant 2015 US$ in 2015 and was at its lowest, 7.75 billion constant 2015 US$, in 1962.
That places South Africa 47th out of 161 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$) in South Africa, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 7.93 billion constant 2015 US$ | — |
| 1961 | 7.94 billion constant 2015 US$ | +0.1% |
| 1962 | 7.75 billion constant 2015 US$ | -2.3% |
| 1963 | 9.14 billion constant 2015 US$ | +17.9% |
| 1964 | 10.94 billion constant 2015 US$ | +19.7% |
| 1965 | 12.84 billion constant 2015 US$ | +17.4% |
| 1966 | 12.70 billion constant 2015 US$ | -1.1% |
| 1967 | 13.03 billion constant 2015 US$ | +2.6% |
| 1968 | 13.61 billion constant 2015 US$ | +4.5% |
| 1969 | 15.32 billion constant 2015 US$ | +12.5% |
| 1970 | 17.51 billion constant 2015 US$ | +14.3% |
| 1971 | 19.40 billion constant 2015 US$ | +10.8% |
| 1972 | 20.53 billion constant 2015 US$ | +5.8% |
| 1973 | 21.61 billion constant 2015 US$ | +5.2% |
| 1974 | 23.02 billion constant 2015 US$ | +6.5% |
| 1975 | 25.26 billion constant 2015 US$ | +9.8% |
| 1976 | 24.95 billion constant 2015 US$ | -1.2% |
| 1977 | 23.46 billion constant 2015 US$ | -6.0% |
| 1978 | 22.81 billion constant 2015 US$ | -2.8% |
| 1979 | 23.76 billion constant 2015 US$ | +4.2% |
| 1980 | 27.82 billion constant 2015 US$ | +17.1% |
| 1981 | 30.31 billion constant 2015 US$ | +9.0% |
| 1982 | 29.66 billion constant 2015 US$ | -2.1% |
| 1983 | 28.61 billion constant 2015 US$ | -3.5% |
| 1984 | 28.19 billion constant 2015 US$ | -1.5% |
| 1985 | 26.20 billion constant 2015 US$ | -7.0% |
| 1986 | 21.34 billion constant 2015 US$ | -18.6% |
| 1987 | 20.25 billion constant 2015 US$ | -5.1% |
| 1988 | 22.79 billion constant 2015 US$ | +12.6% |
| 1989 | 24.28 billion constant 2015 US$ | +6.5% |
| 1990 | 23.71 billion constant 2015 US$ | -2.3% |
| 1991 | 21.96 billion constant 2015 US$ | -7.4% |
| 1992 | 20.80 billion constant 2015 US$ | -5.3% |
| 1993 | 20.69 billion constant 2015 US$ | -0.6% |
| 1994 | 22.39 billion constant 2015 US$ | +8.2% |
| 1995 | 24.79 billion constant 2015 US$ | +10.7% |
| 1996 | 27.02 billion constant 2015 US$ | +9.0% |
| 1997 | 28.57 billion constant 2015 US$ | +5.7% |
| 1998 | 29.93 billion constant 2015 US$ | +4.8% |
| 1999 | 27.66 billion constant 2015 US$ | -7.6% |
| 2000 | 28.73 billion constant 2015 US$ | +3.9% |
| 2001 | 29.55 billion constant 2015 US$ | +2.8% |
| 2002 | 30.58 billion constant 2015 US$ | +3.5% |
| 2003 | 33.71 billion constant 2015 US$ | +10.2% |
| 2004 | 38.05 billion constant 2015 US$ | +12.9% |
| 2005 | 42.23 billion constant 2015 US$ | +11.0% |
| 2006 | 47.36 billion constant 2015 US$ | +12.1% |
| 2007 | 53.87 billion constant 2015 US$ | +13.8% |
| 2008 | 60.78 billion constant 2015 US$ | +12.8% |
| 2009 | 56.72 billion constant 2015 US$ | -6.7% |
| 2010 | 54.50 billion constant 2015 US$ | -3.9% |
| 2011 | 58.23 billion constant 2015 US$ | +6.8% |
| 2012 | 59.25 billion constant 2015 US$ | +1.8% |
| 2013 | 62.43 billion constant 2015 US$ | +5.4% |
| 2014 | 61.61 billion constant 2015 US$ | -1.3% |
| 2015 | 62.44 billion constant 2015 US$ | +1.3% |
| 2016 | 61.23 billion constant 2015 US$ | -1.9% |
| 2017 | 59.99 billion constant 2015 US$ | -2.0% |
| 2018 | 59.26 billion constant 2015 US$ | -1.2% |
| 2019 | 58.23 billion constant 2015 US$ | -1.7% |
| 2020 | 49.62 billion constant 2015 US$ | -14.8% |
| 2021 | 49.46 billion constant 2015 US$ | -0.3% |
| 2022 | 52.37 billion constant 2015 US$ | +5.9% |
| 2023 | 53.95 billion constant 2015 US$ | +3.0% |
| 2024 | 51.85 billion constant 2015 US$ | -3.9% |
| 2025 | 50.71 billion constant 2015 US$ | -2.2% |
South Africa compared with similar countries
- South Africa's 50.71 billion constant 2015 US$ is above the median for upper middle income countries, which is 11.14 billion constant 2015 US$, 4.6× the median. (45 countries reporting)
- South Africa's 50.71 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.00 billion constant 2015 US$, 12.7× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.12 billion constant 2015 US$ | 7.75 billion constant 2015 US$ | 15.32 billion constant 2015 US$ | 10 |
| 1970s | 22.23 billion constant 2015 US$ | 17.51 billion constant 2015 US$ | 25.26 billion constant 2015 US$ | 10 |
| 1980s | 25.95 billion constant 2015 US$ | 20.25 billion constant 2015 US$ | 30.31 billion constant 2015 US$ | 10 |
| 1990s | 24.75 billion constant 2015 US$ | 20.69 billion constant 2015 US$ | 29.93 billion constant 2015 US$ | 10 |
| 2000s | 42.16 billion constant 2015 US$ | 28.73 billion constant 2015 US$ | 60.78 billion constant 2015 US$ | 10 |
| 2010s | 59.72 billion constant 2015 US$ | 54.50 billion constant 2015 US$ | 62.44 billion constant 2015 US$ | 10 |
| 2020s | 51.33 billion constant 2015 US$ | 49.46 billion constant 2015 US$ | 53.95 billion constant 2015 US$ | 6 |
Countries ranked near South Africa
- 44 Peru 56.10 billion constant 2015 US$ compare
- 45 Finland 53.77 billion constant 2015 US$ compare
- 46 New Zealand 50.87 billion constant 2015 US$ compare
- 48 Portugal 49.82 billion constant 2015 US$ compare
- 49 Pakistan 46.37 billion constant 2015 US$ compare
- 50 Egypt 45.85 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)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in South Africa?
- Gross fixed capital formation in South Africa was 50.71 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in South Africa?
- The highest recorded value was 62.44 billion constant 2015 US$ in 2015.
- What is the lowest gross fixed capital formation recorded in South Africa?
- The lowest recorded value was 7.75 billion constant 2015 US$ in 1962.
- How does South Africa rank for gross fixed capital formation?
- South Africa ranks 47th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in South Africa?
- Over the last ten years it is down 18.8%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.