Gross Fixed Capital Formation — Value Standard Local Currency, annual in Greece
Greece: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 6.26 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Greece, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Greece is 6.26 % change on previous year, measured in 2024.
Compared with earlier readings it is down 39.4% on the previous year and up 274.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Greece peaked at 35.87 % change on previous year in 1978 and was at its lowest, -25.38 % change on previous year, in 2011.
That places Greece 109th out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Greece, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.01 % change on previous year | — |
| 1972 | 33.07 % change on previous year | +106.5% |
| 1973 | 31.96 % change on previous year | -3.3% |
| 1974 | -11.8 % change on previous year | -136.9% |
| 1975 | 19.81 % change on previous year | -267.8% |
| 1976 | 27.21 % change on previous year | +37.4% |
| 1977 | 33.18 % change on previous year | +21.9% |
| 1978 | 35.87 % change on previous year | +8.1% |
| 1979 | 32.51 % change on previous year | -9.4% |
| 1980 | 3.93 % change on previous year | -87.9% |
| 1981 | 9.21 % change on previous year | +134.6% |
| 1982 | 13.85 % change on previous year | +50.3% |
| 1983 | 27.85 % change on previous year | +101.2% |
| 1984 | 0.5898 % change on previous year | -97.9% |
| 1985 | 31.06 % change on previous year | +5167.1% |
| 1986 | 24.24 % change on previous year | -22.0% |
| 1987 | 6.55 % change on previous year | -73.0% |
| 1988 | 21.26 % change on previous year | +224.4% |
| 1989 | 24.44 % change on previous year | +14.9% |
| 1990 | 23.69 % change on previous year | -3.1% |
| 1991 | 20.59 % change on previous year | -13.1% |
| 1992 | 9.14 % change on previous year | -55.6% |
| 1993 | 7.11 % change on previous year | -22.2% |
| 1994 | 4.36 % change on previous year | -38.6% |
| 1995 | 12.31 % change on previous year | +182.2% |
| 1996 | 15.54 % change on previous year | +26.2% |
| 1997 | 7.85 % change on previous year | -49.5% |
| 1998 | 23.61 % change on previous year | +200.7% |
| 1999 | 10 % change on previous year | -57.7% |
| 2000 | 8.2 % change on previous year | -17.9% |
| 2001 | 7.16 % change on previous year | -12.7% |
| 2002 | 0.2195 % change on previous year | -96.9% |
| 2003 | 14.21 % change on previous year | +6374.0% |
| 2004 | 9.21 % change on previous year | -35.2% |
| 2005 | -12.02 % change on previous year | -230.5% |
| 2006 | 23.86 % change on previous year | -298.4% |
| 2007 | 14.26 % change on previous year | -40.2% |
| 2008 | -5.59 % change on previous year | -139.2% |
| 2009 | -13.89 % change on previous year | +148.2% |
| 2010 | -21.1 % change on previous year | +51.9% |
| 2011 | -25.38 % change on previous year | +20.3% |
| 2012 | -19.25 % change on previous year | -24.1% |
| 2013 | -10.03 % change on previous year | -47.9% |
| 2014 | -3.58 % change on previous year | -64.3% |
| 2015 | -1.06 % change on previous year | -70.4% |
| 2016 | 1.23 % change on previous year | -216.7% |
| 2017 | 7.77 % change on previous year | +529.2% |
| 2018 | -4.04 % change on previous year | -152.0% |
| 2019 | -0.7083 % change on previous year | -82.5% |
| 2020 | 1.26 % change on previous year | -278.5% |
| 2021 | 23.63 % change on previous year | +1769.3% |
| 2022 | 21.98 % change on previous year | -7.0% |
| 2023 | 10.33 % change on previous year | -53.0% |
| 2024 | 6.26 % change on previous year | -39.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +6374.0% | 0.2195 % change on previous year | 14.21 % change on previous year |
| 1985 | +5167.1% | 0.5898 % change on previous year | 31.06 % change on previous year |
| 2021 | +1769.3% | 1.26 % change on previous year | 23.63 % change on previous year |
| 2017 | +529.2% | 1.23 % change on previous year | 7.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.2 % change on previous year | -11.8 % change on previous year | 35.87 % change on previous year | 9 |
| 1980s | 16.3 % change on previous year | 0.5898 % change on previous year | 31.06 % change on previous year | 10 |
| 1990s | 13.42 % change on previous year | 4.36 % change on previous year | 23.69 % change on previous year | 10 |
| 2000s | 4.56 % change on previous year | -13.89 % change on previous year | 23.86 % change on previous year | 10 |
| 2010s | -7.61 % change on previous year | -25.38 % change on previous year | 7.77 % change on previous year | 10 |
| 2020s | 12.69 % change on previous year | 1.26 % change on previous year | 23.63 % change on previous year | 5 |
Countries ranked near Greece
- 106 Peru 6.5 % change on previous year compare
- 107 Liberia 6.46 % change on previous year compare
- 108 Tonga 6.36 % change on previous year compare
- 110 Lesotho 6.26 % change on previous year compare
- 111 Palau 6.26 % change on previous year compare
- 112 United States 6.14 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Greece?
- Gross fixed capital formation — value standard local currency, annual in Greece was 6.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Greece?
- The highest recorded value was 35.87 % change on previous year in 1978.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Greece?
- The lowest recorded value was -25.38 % change on previous year in 2011.
- How does Greece rank for gross fixed capital formation — value standard local currency, annual?
- Greece ranks 109th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Greece?
- Over the last ten years it is up 274.9%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.