Gross fixed capital formation, Private sector, Constant prices in South Africa
South Africa: Gross fixed capital formation, Private sector, Constant prices was 13.25 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in South Africa, 1960–2019
Source: International Monetary Fund.
Analysis
South Africa recorded 13.25 for gross fixed capital formation, private sector, constant prices in 2019.
Compared with earlier readings it is up 0.5% on the previous year and down 7.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in South Africa peaked at 14.99 in 2008 and was at its lowest, 7.37, in 1987.
South Africa ranks 109th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 14.23 | — |
| 1961 | 14.28 | +0.3% |
| 1962 | 13.96 | -2.2% |
| 1963 | 13.53 | -3.1% |
| 1964 | 13.02 | -3.7% |
| 1965 | 12.78 | -1.9% |
| 1966 | 12.7 | -0.6% |
| 1967 | 12.35 | -2.8% |
| 1968 | 12.31 | -0.3% |
| 1969 | 12.23 | -0.6% |
| 1970 | 11.19 | -8.6% |
| 1971 | 13.11 | +17.1% |
| 1972 | 11.89 | -9.2% |
| 1973 | 12.72 | +6.9% |
| 1974 | 13.12 | +3.2% |
| 1975 | 11.69 | -10.9% |
| 1976 | 9.69 | -17.1% |
| 1977 | 9.55 | -1.4% |
| 1978 | 9.11 | -4.6% |
| 1979 | 8.69 | -4.5% |
| 1980 | 11.22 | +29.0% |
| 1981 | 11.55 | +2.9% |
| 1982 | 11.27 | -2.4% |
| 1983 | 11.2 | -0.6% |
| 1984 | 10.81 | -3.5% |
| 1985 | 9.81 | -9.2% |
| 1986 | 7.72 | -21.2% |
| 1987 | 7.37 | -4.6% |
| 1988 | 8.25 | +11.9% |
| 1989 | 8.37 | +1.5% |
| 1990 | 8.56 | +2.2% |
| 1991 | 7.96 | -7.0% |
| 1992 | 7.78 | -2.2% |
| 1993 | 8.07 | +3.6% |
| 1994 | 8.73 | +8.3% |
| 1995 | 9.46 | +8.3% |
| 1996 | 9.96 | +5.4% |
| 1997 | 10.23 | +2.7% |
| 1998 | 10.77 | +5.2% |
| 1999 | 9.68 | -10.1% |
| 2000 | 9.64 | -0.4% |
| 2001 | 9.76 | +1.2% |
| 2002 | 9.72 | -0.4% |
| 2003 | 10.36 | +6.6% |
| 2004 | 11.27 | +8.7% |
| 2005 | 12.03 | +6.8% |
| 2006 | 12.81 | +6.4% |
| 2007 | 13.64 | +6.5% |
| 2008 | 14.99 | +9.9% |
| 2009 | 14.26 | -4.9% |
| 2010 | 13.43 | -5.8% |
| 2011 | 13.73 | +2.2% |
| 2012 | 13.67 | -0.4% |
| 2013 | 14.31 | +4.7% |
| 2014 | 14.06 | -1.7% |
| 2015 | 13.95 | -0.8% |
| 2016 | 13.49 | -3.3% |
| 2017 | 13.42 | -0.5% |
| 2018 | 13.19 | -1.7% |
| 2019 | 13.25 | +0.5% |
South Africa compared with similar countries
- South Africa's 13.25 is below the median for upper middle income countries, which is 14.94, 89% of the median. (50 countries reporting)
- South Africa's 13.25 is above the median for Sub-Saharan Africa, which is 10.65, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.14 | 12.23 | 14.28 | 10 |
| 1970s | 11.07 | 8.69 | 13.12 | 10 |
| 1980s | 9.76 | 7.37 | 11.55 | 10 |
| 1990s | 9.12 | 7.78 | 10.77 | 10 |
| 2000s | 11.85 | 9.64 | 14.99 | 10 |
| 2010s | 13.65 | 13.19 | 14.31 | 10 |
Countries ranked near South Africa
- 106 Serbia 13.98 compare
- 107 Burkina Faso 13.87 compare
- 108 Georgia 13.82 compare
- 110 Luxembourg 13.21 compare
- 111 Uzbekistan 12.92 compare
- 112 Guatemala 12.82 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in South Africa?
- Gross fixed capital formation, private sector, constant prices in South Africa was 13.25 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in South Africa?
- The highest recorded value was 14.99 in 2008.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in South Africa?
- The lowest recorded value was 7.37 in 1987.
- How does South Africa rank for gross fixed capital formation, private sector, constant prices?
- South Africa ranks 109th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in South Africa?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.