Gross Fixed Capital Formation — Share of GDP US$ in Greece
Greece: Gross Fixed Capital Formation — Share of GDP US$ was 15.35 % in 2024. ▼ Falling
Gross Fixed Capital Formation — Share of GDP US$ in Greece, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Greece recorded 15.35 % for gross fixed capital formation — share of gdp us$ in 2024.
Compared with earlier readings it is up 0.7% on the previous year and up 36.5% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$ in Greece peaked at 37.2 % in 1979 and was at its lowest, 11 %, in 2019.
Greece ranks 173rd of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP US$ in Greece, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 29.02 % | — |
| 1971 | 30.31 % | +4.5% |
| 1972 | 34.86 % | +15.0% |
| 1973 | 35.2 % | +1.0% |
| 1974 | 27.02 % | -23.2% |
| 1975 | 26.91 % | -0.4% |
| 1976 | 27.51 % | +2.3% |
| 1977 | 31.29 % | +13.7% |
| 1978 | 34.84 % | +11.3% |
| 1979 | 37.2 % | +6.8% |
| 1980 | 32.21 % | -13.4% |
| 1981 | 29.38 % | -8.8% |
| 1982 | 26.6 % | -9.5% |
| 1983 | 28.5 % | +7.2% |
| 1984 | 23.05 % | -19.1% |
| 1985 | 24.76 % | +7.4% |
| 1986 | 25.74 % | +4.0% |
| 1987 | 24.35 % | -5.4% |
| 1988 | 24.27 % | -0.3% |
| 1989 | 25.41 % | +4.7% |
| 1990 | 26.04 % | +2.5% |
| 1991 | 25.43 % | -2.4% |
| 1992 | 24 % | -5.6% |
| 1993 | 22.83 % | -4.9% |
| 1994 | 21.01 % | -8.0% |
| 1995 | 21.05 % | +0.2% |
| 1996 | 22.17 % | +5.3% |
| 1997 | 21.65 % | -2.4% |
| 1998 | 24.58 % | +13.5% |
| 1999 | 25.44 % | +3.5% |
| 2000 | 26.01 % | +2.2% |
| 2001 | 25.74 % | -1.0% |
| 2002 | 23.94 % | -7.0% |
| 2003 | 24.95 % | +4.2% |
| 2004 | 25.12 % | +0.6% |
| 2005 | 21.43 % | -14.7% |
| 2006 | 24.12 % | +12.6% |
| 2007 | 25.76 % | +6.8% |
| 2008 | 23.36 % | -9.3% |
| 2009 | 20.49 % | -12.3% |
| 2010 | 16.95 % | -17.3% |
| 2011 | 13.89 % | -18.0% |
| 2012 | 12.28 % | -11.6% |
| 2013 | 11.53 % | -6.1% |
| 2014 | 11.25 % | -2.5% |
| 2015 | 11.17 % | -0.7% |
| 2016 | 11.37 % | +1.8% |
| 2017 | 12.05 % | +6.0% |
| 2018 | 11.36 % | -5.8% |
| 2019 | 11 % | -3.2% |
| 2020 | 12.31 % | +11.9% |
| 2021 | 13.82 % | +12.2% |
| 2022 | 14.96 % | +8.3% |
| 2023 | 15.24 % | +1.8% |
| 2024 | 15.35 % | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.42 % | 26.91 % | 37.2 % | 10 |
| 1980s | 26.43 % | 23.05 % | 32.21 % | 10 |
| 1990s | 23.42 % | 21.01 % | 26.04 % | 10 |
| 2000s | 24.09 % | 20.49 % | 26.01 % | 10 |
| 2010s | 12.28 % | 11 % | 16.95 % | 10 |
| 2020s | 14.34 % | 12.31 % | 15.35 % | 5 |
Countries ranked near Greece
- 170 Barbados 15.8 % compare
- 171 Jordan 15.76 % compare
- 172 Afghanistan 15.43 % compare
- 174 Ethiopia PDR 15.26 % compare
- 175 South Africa 14.73 % compare
- 176 Yugoslav SFR 14.53 % compare
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 value added at basic prices (GVA) (current US$), annual growth 8.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8624 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 23,240 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7632 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,566 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7023 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$ in Greece?
- Gross fixed capital formation — share of gdp us$ in Greece was 15.35 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$ recorded in Greece?
- The highest recorded value was 37.2 % in 1979.
- What is the lowest gross fixed capital formation — share of gdp us$ recorded in Greece?
- The lowest recorded value was 11 % in 2019.
- How does Greece rank for gross fixed capital formation — share of gdp us$?
- Greece ranks 173rd out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$ rising or falling in Greece?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).