Gross fixed capital formation, Private sector, Current … Domestic in South Africa
South Africa: Gross fixed capital formation, Private sector, Current … Domestic was 771.56 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in South Africa, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in South Africa stood at 771.56. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 68.7% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in South Africa peaked at 771.56 in 2019 and was at its lowest, 2.73, in 1970.
That places South Africa 62nd out of 174 countries with data for 2019, 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, Private sector, Current … Domestic in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 2.73 | — |
| 1971 | 3.51 | +28.7% |
| 1972 | 3.54 | +0.9% |
| 1973 | 4.4 | +24.3% |
| 1974 | 5.51 | +25.2% |
| 1975 | 6.01 | +9.1% |
| 1976 | 5.96 | -0.8% |
| 1977 | 6.44 | +8.0% |
| 1978 | 7.05 | +9.4% |
| 1979 | 7.97 | +13.2% |
| 1980 | 12.51 | +56.9% |
| 1981 | 15.29 | +22.2% |
| 1982 | 17.28 | +13.0% |
| 1983 | 18.94 | +9.6% |
| 1984 | 21.03 | +11.0% |
| 1985 | 22.25 | +5.8% |
| 1986 | 21.72 | -2.4% |
| 1987 | 23.69 | +9.1% |
| 1988 | 32.02 | +35.2% |
| 1989 | 39.06 | +22.0% |
| 1990 | 44.45 | +13.8% |
| 1991 | 45.33 | +2.0% |
| 1992 | 46.86 | +3.4% |
| 1993 | 53.12 | +13.4% |
| 1994 | 64.01 | +20.5% |
| 1995 | 76.93 | +20.2% |
| 1996 | 89.66 | +16.5% |
| 1997 | 100.6 | +12.2% |
| 1998 | 113.82 | +13.1% |
| 1999 | 111.17 | -2.3% |
| 2000 | 122.8 | +10.5% |
| 2001 | 136.24 | +10.9% |
| 2002 | 154.95 | +13.7% |
| 2003 | 176.54 | +13.9% |
| 2004 | 203.88 | +15.5% |
| 2005 | 240.28 | +17.9% |
| 2006 | 296.56 | +23.4% |
| 2007 | 366.02 | +23.4% |
| 2008 | 470.4 | +28.5% |
| 2009 | 457.23 | -2.8% |
| 2010 | 453.23 | -0.9% |
| 2011 | 495.12 | +9.2% |
| 2012 | 531.51 | +7.4% |
| 2013 | 613.21 | +15.4% |
| 2014 | 655.64 | +6.9% |
| 2015 | 680.7 | +3.8% |
| 2016 | 704.74 | +3.5% |
| 2017 | 726.15 | +3.0% |
| 2018 | 740.8 | +2.0% |
| 2019 | 771.56 | +4.2% |
South Africa compared with similar countries
- South Africa's 771.56 is above the median for upper middle income countries, which is 269.45, 2.9× the median. (50 countries reporting)
- South Africa's 771.56 is above the median for Sub-Saharan Africa, which is 506.27, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.31 | 2.73 | 7.97 | 10 |
| 1980s | 22.38 | 12.51 | 39.06 | 10 |
| 1990s | 74.59 | 44.45 | 113.82 | 10 |
| 2000s | 262.49 | 122.8 | 470.4 | 10 |
| 2010s | 637.27 | 453.23 | 771.56 | 10 |
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, private sector, current prices in South Africa?
- Gross fixed capital formation, private sector, current prices in South Africa was 771.56 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in South Africa?
- The highest recorded value was 771.56 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in South Africa?
- The lowest recorded value was 2.73 in 1970.
- How does South Africa rank for gross fixed capital formation, private sector, current prices?
- South Africa ranks 62nd out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in South Africa?
- Over the last ten years it is up 68.7%. The long-run trend across the full record is volatile.
- 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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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.