Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in South Africa

South Africa: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.5744 million SLC per square kilometre in 2023. ▲ Rising

Latest (2023)
0.5744 million SLC per square kilometre
Change on year
up 4.2%
World rank
125th
of 194 countries
All-time high
0.6563 million SLC per square kilometre
in 2015
All-time low
0.1747 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in South Africa, 1970–2023

0.20.30.40.50.60.7197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

In 2023, gross fixed capital formation — value standard local currency, 2015 in South Africa stood at 0.5744 million SLC per square kilometre.

That represents a change of up 4.2% on the previous year and down 12.5% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in South Africa peaked at 0.6563 million SLC per square kilometre in 2015 and was at its lowest, 0.1747 million SLC per square kilometre, in 1970.

That places South Africa 125th out of 194 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 54 years of available data.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in South Africa, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre in South Africa, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.1747 million SLC per square kilometre
1971 0.1935 million SLC per square kilometre +10.8%
1972 0.2049 million SLC per square kilometre +5.8%
1973 0.2155 million SLC per square kilometre +5.2%
1974 0.2296 million SLC per square kilometre +6.5%
1975 0.252 million SLC per square kilometre +9.8%
1976 0.2489 million SLC per square kilometre -1.2%
1977 0.2341 million SLC per square kilometre -6.0%
1978 0.2276 million SLC per square kilometre -2.8%
1979 0.2371 million SLC per square kilometre +4.2%
1980 0.2776 million SLC per square kilometre +17.1%
1981 0.3024 million SLC per square kilometre +9.0%
1982 0.2959 million SLC per square kilometre -2.1%
1983 0.2854 million SLC per square kilometre -3.5%
1984 0.2812 million SLC per square kilometre -1.5%
1985 0.2614 million SLC per square kilometre -7.0%
1986 0.2129 million SLC per square kilometre -18.6%
1987 0.202 million SLC per square kilometre -5.1%
1988 0.2274 million SLC per square kilometre +12.6%
1989 0.2422 million SLC per square kilometre +6.5%
1990 0.2365 million SLC per square kilometre -2.3%
1991 0.2186 million SLC per square kilometre -7.6%
1992 0.2127 million SLC per square kilometre -2.7%
1993 0.2174 million SLC per square kilometre +2.2%
1994 0.2354 million SLC per square kilometre +8.2%
1995 0.2605 million SLC per square kilometre +10.7%
1996 0.284 million SLC per square kilometre +9.0%
1997 0.3003 million SLC per square kilometre +5.7%
1998 0.3146 million SLC per square kilometre +4.8%
1999 0.2907 million SLC per square kilometre -7.6%
2000 0.3019 million SLC per square kilometre +3.9%
2001 0.3106 million SLC per square kilometre +2.8%
2002 0.3214 million SLC per square kilometre +3.5%
2003 0.3543 million SLC per square kilometre +10.2%
2004 0.3999 million SLC per square kilometre +12.9%
2005 0.4438 million SLC per square kilometre +11.0%
2006 0.4978 million SLC per square kilometre +12.1%
2007 0.5662 million SLC per square kilometre +13.8%
2008 0.6388 million SLC per square kilometre +12.8%
2009 0.5962 million SLC per square kilometre -6.7%
2010 0.5729 million SLC per square kilometre -3.9%
2011 0.6121 million SLC per square kilometre +6.8%
2012 0.6228 million SLC per square kilometre +1.8%
2013 0.6562 million SLC per square kilometre +5.4%
2014 0.6475 million SLC per square kilometre -1.3%
2015 0.6563 million SLC per square kilometre +1.3%
2016 0.6436 million SLC per square kilometre -1.9%
2017 0.6305 million SLC per square kilometre -2.0%
2018 0.6229 million SLC per square kilometre -1.2%
2019 0.612 million SLC per square kilometre -1.7%
2020 0.5225 million SLC per square kilometre -14.6%
2021 0.5258 million SLC per square kilometre +0.6%
2022 0.551 million SLC per square kilometre +4.8%
2023 0.5744 million SLC per square kilometre +4.2%

South Africa compared with similar countries

  • South Africa's 0.5744 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 60% of the median. (54 countries reporting)
  • South Africa's 0.5744 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 2.34 million SLC per square kilometre, 25% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2218 million SLC per square kilometre 0.1747 million SLC per square kilometre 0.252 million SLC per square kilometre 10
1980s 0.2588 million SLC per square kilometre 0.202 million SLC per square kilometre 0.3024 million SLC per square kilometre 10
1990s 0.2571 million SLC per square kilometre 0.2127 million SLC per square kilometre 0.3146 million SLC per square kilometre 10
2000s 0.4431 million SLC per square kilometre 0.3019 million SLC per square kilometre 0.6388 million SLC per square kilometre 10
2010s 0.6277 million SLC per square kilometre 0.5729 million SLC per square kilometre 0.6563 million SLC per square kilometre 10
2020s 0.5434 million SLC per square kilometre 0.5225 million SLC per square kilometre 0.5744 million SLC per square kilometre 4

Countries ranked near South Africa

  1. 122 Morocco 0.713 million SLC per square kilometre compare
  2. 123 Palestine 0.6329 million SLC per square kilometre compare
  3. 124 Cyprus 0.6204 million SLC per square kilometre compare
  4. 126 Tuvalu 0.5587 million SLC per square kilometre compare
  5. 127 Eswatini 0.539 million SLC per square kilometre compare
  6. 128 United States 0.5276 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for South Africa

All data for South Africa →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in South Africa?
Gross fixed capital formation — value standard local currency, 2015 in South Africa was 0.5744 million SLC per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in South Africa?
The highest recorded value was 0.6563 million SLC per square kilometre in 2015.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in South Africa?
The lowest recorded value was 0.1747 million SLC per square kilometre in 1970.
How does South Africa rank for gross fixed capital formation — value standard local currency, 2015?
South Africa ranks 125th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in South Africa?
Over the last ten years it is down 12.5%. The long-run trend across the full record is rising.
Where does this South Africa data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in South Africa. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/south-africa/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.