Gross fixed capital formation, Private sector, Constant prices in Greece
Greece: Gross fixed capital formation, Private sector, Constant prices was 24.53 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Greece, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Greece stood at 24.53.
Compared with earlier readings it is up 3.9% on the previous year and down 55.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Greece peaked at 77.98 in 2007 and was at its lowest, 11.4, in 1960.
That places Greece 71st out of 173 countries with data for 2019, putting it 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 Greece, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 11.4 | — |
| 1961 | 11.86 | +4.0% |
| 1962 | 12.33 | +4.0% |
| 1963 | 12.82 | +4.0% |
| 1964 | 13.34 | +4.0% |
| 1965 | 13.87 | +4.0% |
| 1966 | 14.43 | +4.0% |
| 1967 | 15 | +4.0% |
| 1968 | 15.6 | +4.0% |
| 1969 | 16.23 | +4.0% |
| 1970 | 16.88 | +4.0% |
| 1971 | 17.55 | +4.0% |
| 1972 | 18.25 | +4.0% |
| 1973 | 18.98 | +4.0% |
| 1974 | 19.74 | +4.0% |
| 1975 | 20.53 | +4.0% |
| 1976 | 21.35 | +4.0% |
| 1977 | 22.21 | +4.0% |
| 1978 | 23.1 | +4.0% |
| 1979 | 24.02 | +4.0% |
| 1980 | 24.98 | +4.0% |
| 1981 | 25.98 | +4.0% |
| 1982 | 27.02 | +4.0% |
| 1983 | 28.1 | +4.0% |
| 1984 | 29.22 | +4.0% |
| 1985 | 30.39 | +4.0% |
| 1986 | 31.61 | +4.0% |
| 1987 | 32.87 | +4.0% |
| 1988 | 34.19 | +4.0% |
| 1989 | 36.65 | +7.2% |
| 1990 | 38.86 | +6.0% |
| 1991 | 29.33 | -24.5% |
| 1992 | 30.5 | +4.0% |
| 1993 | 31.72 | +4.0% |
| 1994 | 32.99 | +4.0% |
| 1995 | 29.57 | -10.4% |
| 1996 | 32.4 | +9.6% |
| 1997 | 34.1 | +5.2% |
| 1998 | 43.6 | +27.9% |
| 1999 | 45.7 | +4.8% |
| 2000 | 49.62 | +8.6% |
| 2001 | 50.59 | +2.0% |
| 2002 | 52.57 | +3.9% |
| 2003 | 58.41 | +11.1% |
| 2004 | 60.31 | +3.2% |
| 2005 | 54.59 | -9.5% |
| 2006 | 62.73 | +14.9% |
| 2007 | 77.98 | +24.3% |
| 2008 | 68.11 | -12.7% |
| 2009 | 55.54 | -18.5% |
| 2010 | 47.89 | -13.8% |
| 2011 | 37.68 | -21.3% |
| 2012 | 28.08 | -25.5% |
| 2013 | 23.3 | -17.1% |
| 2014 | 21.49 | -7.8% |
| 2015 | 20.97 | -2.4% |
| 2016 | 22.57 | +7.6% |
| 2017 | 22.18 | -1.7% |
| 2018 | 23.61 | +6.4% |
| 2019 | 24.53 | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.69 | 11.4 | 16.23 | 10 |
| 1970s | 20.26 | 16.88 | 24.02 | 10 |
| 1980s | 30.1 | 24.98 | 36.65 | 10 |
| 1990s | 34.88 | 29.33 | 45.7 | 10 |
| 2000s | 59.04 | 49.62 | 77.98 | 10 |
| 2010s | 27.23 | 20.97 | 47.89 | 10 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 9.32 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1272 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 3,427 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 4.71 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1125 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 3,032 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 11.69 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9413 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Greece?
- Gross fixed capital formation, private sector, constant prices in Greece was 24.53 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Greece?
- The highest recorded value was 77.98 in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Greece?
- The lowest recorded value was 11.4 in 1960.
- How does Greece rank for gross fixed capital formation, private sector, constant prices?
- Greece ranks 71st out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Greece?
- Over the last ten years it is down 55.8%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.