Gross Fixed Capital Formation — Share of GDP US$ in Southern Africa
Southern Africa: Gross Fixed Capital Formation — Share of GDP US$ was 15.7 % in 2024. ▼ Falling
Gross Fixed Capital Formation — Share of GDP US$ in Southern Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — share of gdp us$ in Southern Africa stood at 15.7 %.
Compared with earlier readings it is down 2.1% on the previous year and down 17.7% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$ in Southern Africa peaked at 30.39 % in 1976 and was at its lowest, 13.88 %, in 2021.
That places Southern Africa 27th out of 29 groups with data for 2024, putting it 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 Southern Africa, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 25.12 % | — |
| 1971 | 26.53 % | +5.6% |
| 1972 | 27.2 % | +2.5% |
| 1973 | 25.77 % | -5.3% |
| 1974 | 25.49 % | -1.1% |
| 1975 | 29.68 % | +16.4% |
| 1976 | 30.39 % | +2.4% |
| 1977 | 28.28 % | -6.9% |
| 1978 | 26.83 % | -5.1% |
| 1979 | 26.84 % | +0.0% |
| 1980 | 26.85 % | +0.1% |
| 1981 | 28.39 % | +5.7% |
| 1982 | 28.32 % | -0.2% |
| 1983 | 26.68 % | -5.8% |
| 1984 | 24.61 % | -7.8% |
| 1985 | 23.38 % | -5.0% |
| 1986 | 20.17 % | -13.7% |
| 1987 | 18.39 % | -8.8% |
| 1988 | 20.14 % | +9.5% |
| 1989 | 21.15 % | +5.0% |
| 1990 | 20.26 % | -4.2% |
| 1991 | 17.79 % | -12.2% |
| 1992 | 16.45 % | -7.5% |
| 1993 | 15.42 % | -6.3% |
| 1994 | 15.58 % | +1.0% |
| 1995 | 16.34 % | +4.9% |
| 1996 | 16.38 % | +0.2% |
| 1997 | 16.71 % | +2.0% |
| 1998 | 17.16 % | +2.7% |
| 1999 | 15.66 % | -8.8% |
| 2000 | 15.07 % | -3.8% |
| 2001 | 15.17 % | +0.7% |
| 2002 | 14.78 % | -2.6% |
| 2003 | 15.24 % | +3.1% |
| 2004 | 15.63 % | +2.6% |
| 2005 | 16.12 % | +3.1% |
| 2006 | 17.57 % | +9.0% |
| 2007 | 19.24 % | +9.5% |
| 2008 | 21.79 % | +13.2% |
| 2009 | 19.95 % | -8.4% |
| 2010 | 18.04 % | -9.6% |
| 2011 | 18.31 % | +1.5% |
| 2012 | 18.59 % | +1.5% |
| 2013 | 19.22 % | +3.4% |
| 2014 | 19.07 % | -0.8% |
| 2015 | 18.73 % | -1.8% |
| 2016 | 17.88 % | -4.5% |
| 2017 | 16.77 % | -6.2% |
| 2018 | 16.38 % | -2.3% |
| 2019 | 16.04 % | -2.1% |
| 2020 | 14.41 % | -10.2% |
| 2021 | 13.88 % | -3.7% |
| 2022 | 14.8 % | +6.6% |
| 2023 | 16.05 % | +8.4% |
| 2024 | 15.7 % | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.21 % | 25.12 % | 30.39 % | 10 |
| 1980s | 23.81 % | 18.39 % | 28.39 % | 10 |
| 1990s | 16.77 % | 15.42 % | 20.26 % | 10 |
| 2000s | 17.06 % | 14.78 % | 21.79 % | 10 |
| 2010s | 17.9 % | 16.04 % | 19.22 % | 10 |
| 2020s | 14.97 % | 13.88 % | 16.05 % | 5 |
Countries ranked near Southern Africa
- 24 Sint Maarten (Dutch part) 32.47 % compare
- 25 Cabo Verde 18.24 % compare
- 25 Greenland 32.45 % compare
- 26 Mozambique 32.22 % compare
- 27 Republic of Korea 32.07 % compare
- 28 Saint Kitts and Nevis 31.51 % compare
- 29 India 31.45 % compare
- 30 Bangladesh 30.7 % compare
More economy & growth data for Southern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.01 million (2027)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 61,673 million USD (2024)
- Gross Domestic Product — Value US$ per capita 5,975 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,489 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.36 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -3.16 % (2024)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$ in Southern Africa?
- Gross fixed capital formation — share of gdp us$ in Southern Africa was 15.7 % 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 Southern Africa?
- The highest recorded value was 30.39 % in 1976.
- What is the lowest gross fixed capital formation — share of gdp us$ recorded in Southern Africa?
- The lowest recorded value was 13.88 % in 2021.
- How does Southern Africa rank for gross fixed capital formation — share of gdp us$?
- Southern Africa ranks 27th out of 29 groups with data for 2024.
- Is gross fixed capital formation — share of gdp us$ rising or falling in Southern Africa?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- Where does this Southern Africa 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.
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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).