Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 382,508 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in United Kingdom of Great Britain and Northern Ireland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
United Kingdom of Great Britain and Northern Ireland recorded 382,508 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.5% on the previous year and up 22.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in United Kingdom of Great Britain and Northern Ireland peaked at 382,508 million SLC in 2024 and was at its lowest, 120,357 million SLC, in 1981.
United Kingdom of Great Britain and Northern Ireland ranks 89th of 222 countries on this measure, 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 United Kingdom of Great Britain and Northern Ireland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 125,737 million SLC | — |
| 1971 | 128,245 million SLC | +2.0% |
| 1972 | 128,194 million SLC | -0.0% |
| 1973 | 136,581 million SLC | +6.5% |
| 1974 | 133,917 million SLC | -2.0% |
| 1975 | 131,384 million SLC | -1.9% |
| 1976 | 133,653 million SLC | +1.7% |
| 1977 | 131,606 million SLC | -1.5% |
| 1978 | 134,913 million SLC | +2.5% |
| 1979 | 138,447 million SLC | +2.6% |
| 1980 | 131,872 million SLC | -4.7% |
| 1981 | 120,357 million SLC | -8.7% |
| 1982 | 127,592 million SLC | +6.0% |
| 1983 | 134,030 million SLC | +5.0% |
| 1984 | 146,220 million SLC | +9.1% |
| 1985 | 152,316 million SLC | +4.2% |
| 1986 | 155,659 million SLC | +2.2% |
| 1987 | 170,412 million SLC | +9.5% |
| 1988 | 195,710 million SLC | +14.8% |
| 1989 | 207,644 million SLC | +6.1% |
| 1990 | 203,054 million SLC | -2.2% |
| 1991 | 190,203 million SLC | -6.3% |
| 1992 | 191,913 million SLC | +0.9% |
| 1993 | 194,906 million SLC | +1.6% |
| 1994 | 207,373 million SLC | +6.4% |
| 1995 | 217,202 million SLC | +4.7% |
| 1996 | 227,337 million SLC | +4.7% |
| 1997 | 223,985 million SLC | -1.5% |
| 1998 | 236,877 million SLC | +5.8% |
| 1999 | 240,959 million SLC | +1.7% |
| 2000 | 254,755 million SLC | +5.7% |
| 2001 | 259,816 million SLC | +2.0% |
| 2002 | 265,084 million SLC | +2.0% |
| 2003 | 271,667 million SLC | +2.5% |
| 2004 | 279,019 million SLC | +2.7% |
| 2005 | 290,621 million SLC | +4.2% |
| 2006 | 298,854 million SLC | +2.8% |
| 2007 | 312,004 million SLC | +4.4% |
| 2008 | 301,847 million SLC | -3.3% |
| 2009 | 264,742 million SLC | -12.3% |
| 2010 | 277,219 million SLC | +4.7% |
| 2011 | 277,512 million SLC | +0.1% |
| 2012 | 282,022 million SLC | +1.6% |
| 2013 | 291,101 million SLC | +3.2% |
| 2014 | 311,584 million SLC | +7.0% |
| 2015 | 333,852 million SLC | +7.1% |
| 2016 | 351,018 million SLC | +5.1% |
| 2017 | 363,312 million SLC | +3.5% |
| 2018 | 361,655 million SLC | -0.5% |
| 2019 | 369,371 million SLC | +2.1% |
| 2020 | 333,621 million SLC | -9.7% |
| 2021 | 358,916 million SLC | +7.6% |
| 2022 | 377,292 million SLC | +5.1% |
| 2023 | 377,031 million SLC | -0.1% |
| 2024 | 382,508 million SLC | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 132,268 million SLC | 125,737 million SLC | 138,447 million SLC | 10 |
| 1980s | 154,181 million SLC | 120,357 million SLC | 207,644 million SLC | 10 |
| 1990s | 213,381 million SLC | 190,203 million SLC | 240,959 million SLC | 10 |
| 2000s | 279,841 million SLC | 254,755 million SLC | 312,004 million SLC | 10 |
| 2010s | 321,865 million SLC | 277,219 million SLC | 369,371 million SLC | 10 |
| 2020s | 365,874 million SLC | 333,621 million SLC | 382,508 million SLC | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.72 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 3.79 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 16.77 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.77 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 584,388 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 613,148 million USD (2024)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in United Kingdom of Great Britain and Northern Ireland?
- Gross fixed capital formation — value standard local currency, 2015 in United Kingdom of Great Britain and Northern Ireland was 382,508 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 United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 382,508 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 120,357 million SLC in 1981.
- How does United Kingdom of Great Britain and Northern Ireland rank for gross fixed capital formation — value standard local currency, 2015?
- United Kingdom of Great Britain and Northern Ireland ranks 89th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland 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).