Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in South Africa
South Africa: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 111.24 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in South Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in South Africa stood at 111.24 USD.
That represents a change of up 6.1% on the previous year and down 1.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in South Africa peaked at 140.22 USD in 2011 and was at its lowest, 28.23 USD, in 1970.
That places South Africa 133rd out of 221 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in South Africa, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 28.23 USD | — |
| 1971 | 29.7 USD | +5.2% |
| 1972 | 30.23 USD | +1.8% |
| 1973 | 37.21 USD | +23.1% |
| 1974 | 43.46 USD | +16.8% |
| 1975 | 48.06 USD | +10.6% |
| 1976 | 47.86 USD | -0.4% |
| 1977 | 52.49 USD | +9.7% |
| 1978 | 58.44 USD | +11.3% |
| 1979 | 68.94 USD | +18.0% |
| 1980 | 85 USD | +23.3% |
| 1981 | 85.02 USD | +0.0% |
| 1982 | 79.83 USD | -6.1% |
| 1983 | 87.42 USD | +9.5% |
| 1984 | 72.31 USD | -17.3% |
| 1985 | 56.5 USD | -21.9% |
| 1986 | 68.26 USD | +20.8% |
| 1987 | 85.74 USD | +25.6% |
| 1988 | 89.06 USD | +3.9% |
| 1989 | 90.57 USD | +1.7% |
| 1990 | 102.57 USD | +13.2% |
| 1991 | 106.52 USD | +3.9% |
| 1992 | 111.34 USD | +4.5% |
| 1993 | 105.01 USD | -5.7% |
| 1994 | 102.83 USD | -2.1% |
| 1995 | 108.87 USD | +5.9% |
| 1996 | 95.55 USD | -12.2% |
| 1997 | 95.58 USD | +0.0% |
| 1998 | 84.46 USD | -11.6% |
| 1999 | 81.36 USD | -3.7% |
| 2000 | 76.05 USD | -6.5% |
| 2001 | 65.88 USD | -13.4% |
| 2002 | 59.26 USD | -10.1% |
| 2003 | 85.72 USD | +44.7% |
| 2004 | 102.04 USD | +19.0% |
| 2005 | 108.69 USD | +6.5% |
| 2006 | 111.5 USD | +2.6% |
| 2007 | 117.68 USD | +5.5% |
| 2008 | 112.5 USD | -4.4% |
| 2009 | 113.39 USD | +0.8% |
| 2010 | 134.57 USD | +18.7% |
| 2011 | 140.22 USD | +4.2% |
| 2012 | 131.57 USD | -6.2% |
| 2013 | 119.32 USD | -9.3% |
| 2014 | 113.23 USD | -5.1% |
| 2015 | 100 USD | -11.7% |
| 2016 | 92.22 USD | -7.8% |
| 2017 | 104.26 USD | +13.0% |
| 2018 | 108.96 USD | +4.5% |
| 2019 | 103.5 USD | -5.0% |
| 2020 | 94.03 USD | -9.1% |
| 2021 | 110.79 USD | +17.8% |
| 2022 | 109.92 USD | -0.8% |
| 2023 | 104.81 USD | -4.6% |
| 2024 | 111.24 USD | +6.1% |
South Africa compared with similar countries
- South Africa's 111.24 USD is below the median for upper middle income countries, which is 119.58 USD, 93% of the median. (51 countries reporting)
- South Africa's 111.24 USD is below the median for Sub-Saharan Africa, which is 114.03 USD, 98% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.46 USD | 28.23 USD | 68.94 USD | 10 |
| 1980s | 79.97 USD | 56.5 USD | 90.57 USD | 10 |
| 1990s | 99.41 USD | 81.36 USD | 111.34 USD | 10 |
| 2000s | 95.27 USD | 59.26 USD | 117.68 USD | 10 |
| 2010s | 114.78 USD | 92.22 USD | 140.22 USD | 10 |
| 2020s | 106.16 USD | 94.03 USD | 111.24 USD | 5 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Real gdp growth, annual growth rate 108.41 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in South Africa?
- Gross fixed capital formation deflator — value us$, 2015 prices in South Africa was 111.24 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in South Africa?
- The highest recorded value was 140.22 USD in 2011.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in South Africa?
- The lowest recorded value was 28.23 USD in 1970.
- How does South Africa rank for gross fixed capital formation deflator — value us$, 2015 prices?
- South Africa ranks 133rd out of 221 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in South Africa?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).