Gross fixed capital formation (current LCU) in South Africa
South Africa: Gross fixed capital formation (current LCU) was 1.06 trillion current LCU in 2025. ◆ Volatile
Gross fixed capital formation in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross fixed capital formation in South Africa stood at 1.06 trillion current LCU.
That represents a change of down 0.7% on the previous year and up 33.2% over ten years.
Over the whole period, gross fixed capital formation in South Africa peaked at 1.07 trillion current LCU in 2024 and was at its lowest, 1.09 billion current LCU, in 1960.
South Africa ranks 65th of 181 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 fixed capital formation (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 1.09 billion current LCU | — |
| 1961 | 1.11 billion current LCU | +1.5% |
| 1962 | 1.14 billion current LCU | +2.4% |
| 1963 | 1.41 billion current LCU | +24.4% |
| 1964 | 1.69 billion current LCU | +19.4% |
| 1965 | 2.06 billion current LCU | +22.1% |
| 1966 | 2.17 billion current LCU | +5.7% |
| 1967 | 2.29 billion current LCU | +5.2% |
| 1968 | 2.44 billion current LCU | +6.4% |
| 1969 | 2.79 billion current LCU | +14.4% |
| 1970 | 3.40 billion current LCU | +22.0% |
| 1971 | 3.98 billion current LCU | +17.1% |
| 1972 | 4.63 billion current LCU | +16.3% |
| 1973 | 5.45 billion current LCU | +17.7% |
| 1974 | 6.66 billion current LCU | +22.1% |
| 1975 | 8.94 billion current LCU | +34.2% |
| 1976 | 10.45 billion current LCU | +16.9% |
| 1977 | 11.17 billion current LCU | +6.9% |
| 1978 | 11.61 billion current LCU | +4.0% |
| 1979 | 13.69 billion current LCU | +17.9% |
| 1980 | 18.37 billion current LCU | +34.2% |
| 1981 | 22.33 billion current LCU | +21.6% |
| 1982 | 25.25 billion current LCU | +13.0% |
| 1983 | 27.81 billion current LCU | +10.2% |
| 1984 | 29.59 billion current LCU | +6.4% |
| 1985 | 33.11 billion current LCU | +11.9% |
| 1986 | 34.27 billion current LCU | +3.5% |
| 1987 | 36.11 billion current LCU | +5.4% |
| 1988 | 46.29 billion current LCU | +28.2% |
| 1989 | 59.35 billion current LCU | +28.2% |
| 1990 | 64.03 billion current LCU | +7.9% |
| 1991 | 66.68 billion current LCU | +4.1% |
| 1992 | 68.61 billion current LCU | +2.9% |
| 1993 | 70.94 billion current LCU | +3.4% |
| 1994 | 81.70 billion current LCU | +15.2% |
| 1995 | 97.81 billion current LCU | +19.7% |
| 1996 | 110.92 billion current LCU | +13.4% |
| 1997 | 125.75 billion current LCU | +13.4% |
| 1998 | 139.66 billion current LCU | +11.1% |
| 1999 | 137.38 billion current LCU | -1.6% |
| 2000 | 151.52 billion current LCU | +10.3% |
| 2001 | 167.47 billion current LCU | +10.5% |
| 2002 | 190.87 billion current LCU | +14.0% |
| 2003 | 218.45 billion current LCU | +14.4% |
| 2004 | 250.63 billion current LCU | +14.7% |
| 2005 | 291.69 billion current LCU | +16.4% |
| 2006 | 357.31 billion current LCU | +22.5% |
| 2007 | 446.37 billion current LCU | +24.9% |
| 2008 | 564.50 billion current LCU | +26.5% |
| 2009 | 544.62 billion current LCU | -3.5% |
| 2010 | 536.62 billion current LCU | -1.5% |
| 2011 | 592.53 billion current LCU | +10.4% |
| 2012 | 639.63 billion current LCU | +7.9% |
| 2013 | 718.74 billion current LCU | +12.4% |
| 2014 | 756.55 billion current LCU | +5.3% |
| 2015 | 796.14 billion current LCU | +5.2% |
| 2016 | 830.14 billion current LCU | +4.3% |
| 2017 | 832.76 billion current LCU | +0.3% |
| 2018 | 853.94 billion current LCU | +2.5% |
| 2019 | 870.16 billion current LCU | +1.9% |
| 2020 | 767.57 billion current LCU | -11.8% |
| 2021 | 813.71 billion current LCU | +6.0% |
| 2022 | 945.49 billion current LCU | +16.2% |
| 2023 | 1.05 trillion current LCU | +11.2% |
| 2024 | 1.07 trillion current LCU | +1.6% |
| 2025 | 1.06 trillion current LCU | -0.7% |
South Africa compared with similar countries
- South Africa's 1.06 trillion current LCU is above the median for upper middle income countries, which is 431.60 billion current LCU, 2.5× the median. (51 countries reporting)
- South Africa's 1.06 trillion current LCU is below the median for Sub-Saharan Africa, which is 1.15 trillion current LCU, 92% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.82 billion current LCU | 1.09 billion current LCU | 2.79 billion current LCU | 10 |
| 1970s | 8.00 billion current LCU | 3.40 billion current LCU | 13.69 billion current LCU | 10 |
| 1980s | 33.25 billion current LCU | 18.37 billion current LCU | 59.35 billion current LCU | 10 |
| 1990s | 96.35 billion current LCU | 64.03 billion current LCU | 139.66 billion current LCU | 10 |
| 2000s | 318.34 billion current LCU | 151.52 billion current LCU | 564.50 billion current LCU | 10 |
| 2010s | 742.72 billion current LCU | 536.62 billion current LCU | 870.16 billion current LCU | 10 |
| 2020s | 951.02 billion current LCU | 767.57 billion current LCU | 1.07 trillion current 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)
- 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 1.06 trillion current LCU 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 1.07 trillion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in South Africa?
- The lowest recorded value was 1.09 billion current LCU in 1960.
- How does South Africa rank for gross fixed capital formation?
- South Africa ranks 65th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in South Africa?
- Over the last ten years it is up 33.2%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.