Gross Fixed Capital Formation — Value Standard Local Currency, annual in South Africa
South Africa: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 1.54 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in South Africa, 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 South Africa is 1.54 % change on previous year, measured in 2024.
That represents a change of down 87.3% on the previous year and down 70.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in South Africa peaked at 33.53 % change on previous year in 1980 and was at its lowest, -11.64 % change on previous year, in 2020.
South Africa ranks 190th of 230 countries on this measure, in the bottom quarter.
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 South Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.7 % change on previous year | — |
| 1972 | 15.8 % change on previous year | -5.4% |
| 1973 | 16.94 % change on previous year | +7.3% |
| 1974 | 21.82 % change on previous year | +28.8% |
| 1975 | 32.08 % change on previous year | +47.0% |
| 1976 | 15.65 % change on previous year | -51.2% |
| 1977 | 3.14 % change on previous year | -79.9% |
| 1978 | 8.25 % change on previous year | +162.2% |
| 1979 | 18.98 % change on previous year | +130.2% |
| 1980 | 33.53 % change on previous year | +76.6% |
| 1981 | 22.8 % change on previous year | -32.0% |
| 1982 | 13.67 % change on previous year | -40.0% |
| 1983 | 8.39 % change on previous year | -38.6% |
| 1984 | 7.9 % change on previous year | -5.8% |
| 1985 | 9.73 % change on previous year | +23.2% |
| 1986 | 0.8624 % change on previous year | -91.1% |
| 1987 | 6.19 % change on previous year | +618.3% |
| 1988 | 30.59 % change on previous year | +393.8% |
| 1989 | 24.95 % change on previous year | -18.4% |
| 1990 | 9.1 % change on previous year | -63.5% |
| 1991 | 2.43 % change on previous year | -73.3% |
| 1992 | 5.05 % change on previous year | +107.7% |
| 1993 | 10.47 % change on previous year | +107.4% |
| 1994 | 15.18 % change on previous year | +44.9% |
| 1995 | 19.71 % change on previous year | +29.9% |
| 1996 | 13.4 % change on previous year | -32.0% |
| 1997 | 13.37 % change on previous year | -0.2% |
| 1998 | 11.06 % change on previous year | -17.3% |
| 1999 | -1.63 % change on previous year | -114.8% |
| 2000 | 10.29 % change on previous year | -730.1% |
| 2001 | 10.53 % change on previous year | +2.4% |
| 2002 | 13.97 % change on previous year | +32.7% |
| 2003 | 14.45 % change on previous year | +3.4% |
| 2004 | 14.73 % change on previous year | +2.0% |
| 2005 | 16.38 % change on previous year | +11.2% |
| 2006 | 22.5 % change on previous year | +37.3% |
| 2007 | 24.92 % change on previous year | +10.8% |
| 2008 | 26.46 % change on previous year | +6.2% |
| 2009 | -3.52 % change on previous year | -113.3% |
| 2010 | -1.47 % change on previous year | -58.3% |
| 2011 | 10.42 % change on previous year | -809.0% |
| 2012 | 7.95 % change on previous year | -23.7% |
| 2013 | 12.37 % change on previous year | +55.6% |
| 2014 | 5.26 % change on previous year | -57.5% |
| 2015 | 5.23 % change on previous year | -0.5% |
| 2016 | 4.27 % change on previous year | -18.4% |
| 2017 | 0.3161 % change on previous year | -92.6% |
| 2018 | 2.54 % change on previous year | +704.4% |
| 2019 | 1.9 % change on previous year | -25.3% |
| 2020 | -11.64 % change on previous year | -712.8% |
| 2021 | 6.47 % change on previous year | -155.5% |
| 2022 | 15.07 % change on previous year | +133.2% |
| 2023 | 12.13 % change on previous year | -19.5% |
| 2024 | 1.54 % change on previous year | -87.3% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in South Africa 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 |
|---|---|---|---|
| 2011 | +809.0% | -1.47 % change on previous year | 10.42 % change on previous year |
| 2000 | +730.1% | -1.63 % change on previous year | 10.29 % change on previous year |
| 2020 | -712.8% | 1.9 % change on previous year | -11.64 % change on previous year |
| 2018 | +704.4% | 0.3161 % change on previous year | 2.54 % change on previous year |
| 1987 | +618.3% | 0.8624 % change on previous year | 6.19 % change on previous year |
| 1988 | +393.8% | 6.19 % change on previous year | 30.59 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.6 % change on previous year | 3.14 % change on previous year | 32.08 % change on previous year | 9 |
| 1980s | 15.86 % change on previous year | 0.8624 % change on previous year | 33.53 % change on previous year | 10 |
| 1990s | 9.82 % change on previous year | -1.63 % change on previous year | 19.71 % change on previous year | 10 |
| 2000s | 15.07 % change on previous year | -3.52 % change on previous year | 26.46 % change on previous year | 10 |
| 2010s | 4.88 % change on previous year | -1.47 % change on previous year | 12.37 % change on previous year | 10 |
| 2020s | 4.71 % change on previous year | -11.64 % change on previous year | 15.07 % change on previous year | 5 |
Countries ranked near South Africa
- 187 China, Hong Kong SAR 1.87 % change on previous year compare
- 188 Samoa 1.59 % change on previous year compare
- 189 Japan 1.55 % change on previous year compare
- 191 Uruguay 1.53 % change on previous year compare
- 192 Sweden 1.22 % change on previous year compare
- 193 Lithuania 0.9527 % change on previous year compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in South Africa?
- Gross fixed capital formation — value standard local currency, annual in South Africa was 1.54 % 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 South Africa?
- The highest recorded value was 33.53 % change on previous year in 1980.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in South Africa?
- The lowest recorded value was -11.64 % change on previous year in 2020.
- How does South Africa rank for gross fixed capital formation — value standard local currency, annual?
- South Africa ranks 190th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in South Africa?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
- 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, 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.