Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greece
Greece: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 32,825 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greece, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Greece recorded 32,825 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
The figure is up 4.5% on the previous year and up 67.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Greece peaked at 58,164 million SLC in 2007 and was at its lowest, 19,558 million SLC, in 2014.
That places Greece 118th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greece, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 23,767 million SLC | — |
| 1971 | 26,624 million SLC | +12.0% |
| 1972 | 33,094 million SLC | +24.3% |
| 1973 | 35,021 million SLC | +5.8% |
| 1974 | 23,285 million SLC | -33.5% |
| 1975 | 26,003 million SLC | +11.7% |
| 1976 | 27,776 million SLC | +6.8% |
| 1977 | 31,209 million SLC | +12.4% |
| 1978 | 35,038 million SLC | +12.3% |
| 1979 | 36,540 million SLC | +4.3% |
| 1980 | 30,739 million SLC | -15.9% |
| 1981 | 27,743 million SLC | -9.7% |
| 1982 | 26,848 million SLC | -3.2% |
| 1983 | 28,555 million SLC | +6.4% |
| 1984 | 23,918 million SLC | -16.2% |
| 1985 | 26,154 million SLC | +9.3% |
| 1986 | 26,182 million SLC | +0.1% |
| 1987 | 24,707 million SLC | -5.6% |
| 1988 | 25,343 million SLC | +2.6% |
| 1989 | 26,891 million SLC | +6.1% |
| 1990 | 28,090 million SLC | +4.5% |
| 1991 | 29,284 million SLC | +4.2% |
| 1992 | 28,263 million SLC | -3.5% |
| 1993 | 27,134 million SLC | -4.0% |
| 1994 | 26,298 million SLC | -3.1% |
| 1995 | 27,384 million SLC | +4.1% |
| 1996 | 29,956 million SLC | +9.4% |
| 1997 | 30,878 million SLC | +3.1% |
| 1998 | 36,405 million SLC | +17.9% |
| 1999 | 38,959 million SLC | +7.0% |
| 2000 | 40,824 million SLC | +4.8% |
| 2001 | 42,429 million SLC | +3.9% |
| 2002 | 41,382 million SLC | -2.5% |
| 2003 | 46,247 million SLC | +11.8% |
| 2004 | 49,768 million SLC | +7.6% |
| 2005 | 43,787 million SLC | -12.0% |
| 2006 | 51,974 million SLC | +18.7% |
| 2007 | 58,164 million SLC | +11.9% |
| 2008 | 53,911 million SLC | -7.3% |
| 2009 | 46,762 million SLC | -13.3% |
| 2010 | 36,380 million SLC | -22.2% |
| 2011 | 27,194 million SLC | -25.2% |
| 2012 | 22,072 million SLC | -18.8% |
| 2013 | 20,005 million SLC | -9.4% |
| 2014 | 19,558 million SLC | -2.2% |
| 2015 | 19,594 million SLC | +0.2% |
| 2016 | 20,097 million SLC | +2.6% |
| 2017 | 21,637 million SLC | +7.7% |
| 2018 | 20,649 million SLC | -4.6% |
| 2019 | 20,478 million SLC | -0.8% |
| 2020 | 20,821 million SLC | +1.7% |
| 2021 | 25,332 million SLC | +21.7% |
| 2022 | 29,477 million SLC | +16.4% |
| 2023 | 31,411 million SLC | +6.6% |
| 2024 | 32,825 million SLC | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29,836 million SLC | 23,285 million SLC | 36,540 million SLC | 10 |
| 1980s | 26,708 million SLC | 23,918 million SLC | 30,739 million SLC | 10 |
| 1990s | 30,265 million SLC | 26,298 million SLC | 38,959 million SLC | 10 |
| 2000s | 47,525 million SLC | 40,824 million SLC | 58,164 million SLC | 10 |
| 2010s | 22,766 million SLC | 19,558 million SLC | 36,380 million SLC | 10 |
| 2020s | 27,973 million SLC | 20,821 million SLC | 32,825 million SLC | 5 |
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)
- GNI (current LCU), annual growth rate 5.71 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8664 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,347 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.98 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -5.87 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 13.95 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1376 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,708 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Greece?
- Gross fixed capital formation — value standard local currency, 2015 in Greece was 32,825 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Greece?
- The highest recorded value was 58,164 million SLC in 2007.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Greece?
- The lowest recorded value was 19,558 million SLC in 2014.
- How does Greece rank for gross fixed capital formation — value standard local currency, 2015?
- Greece ranks 118th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Greece?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is rising.
- 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 — Value Standard Local Currency, 2015 prices. 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).