Gross Fixed Capital Formation — Value Standard Local Currency, annual 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, annual was 3.79 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Kingdom of Great Britain and Northern Ireland, 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 United Kingdom of Great Britain and Northern Ireland is 3.79 % change on previous year, measured in 2024.
Compared with earlier readings it is down 48.2% on the previous year and down 52.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in United Kingdom of Great Britain and Northern Ireland peaked at 24.05 % change on previous year in 1988 and was at its lowest, -10.19 % change on previous year, in 2009.
That places United Kingdom of Great Britain and Northern Ireland 161st 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 United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.11 % change on previous year | — |
| 1972 | 9.77 % change on previous year | -19.3% |
| 1973 | 23.38 % change on previous year | +139.2% |
| 1974 | 19.08 % change on previous year | -18.4% |
| 1975 | 20.52 % change on previous year | +7.5% |
| 1976 | 16.89 % change on previous year | -17.7% |
| 1977 | 10.57 % change on previous year | -37.4% |
| 1978 | 14.24 % change on previous year | +34.6% |
| 1979 | 19.02 % change on previous year | +33.6% |
| 1980 | 13.14 % change on previous year | -30.9% |
| 1981 | 0.3074 % change on previous year | -97.7% |
| 1982 | 9.58 % change on previous year | +3015.2% |
| 1983 | 8.69 % change on previous year | -9.3% |
| 1984 | 13.78 % change on previous year | +58.6% |
| 1985 | 9.96 % change on previous year | -27.7% |
| 1986 | 6.45 % change on previous year | -35.2% |
| 1987 | 14.22 % change on previous year | +120.3% |
| 1988 | 24.05 % change on previous year | +69.2% |
| 1989 | 15.42 % change on previous year | -35.9% |
| 1990 | 0.9037 % change on previous year | -94.1% |
| 1991 | -7.47 % change on previous year | -926.9% |
| 1992 | -3.54 % change on previous year | -52.7% |
| 1993 | 0.7518 % change on previous year | -121.3% |
| 1994 | 7.19 % change on previous year | +856.3% |
| 1995 | 9.87 % change on previous year | +37.2% |
| 1996 | 9.92 % change on previous year | +0.5% |
| 1997 | -2.99 % change on previous year | -130.2% |
| 1998 | 7.32 % change on previous year | -344.7% |
| 1999 | 4.09 % change on previous year | -44.2% |
| 2000 | 6.98 % change on previous year | +70.7% |
| 2001 | 4.24 % change on previous year | -39.3% |
| 2002 | 4.08 % change on previous year | -3.7% |
| 2003 | 4.35 % change on previous year | +6.5% |
| 2004 | 4.08 % change on previous year | -6.1% |
| 2005 | 6.64 % change on previous year | +62.5% |
| 2006 | 6.99 % change on previous year | +5.4% |
| 2007 | 6.17 % change on previous year | -11.7% |
| 2008 | -0.1052 % change on previous year | -101.7% |
| 2009 | -10.19 % change on previous year | +9586.1% |
| 2010 | 2.5 % change on previous year | -124.5% |
| 2011 | 1.22 % change on previous year | -51.0% |
| 2012 | 3.24 % change on previous year | +164.3% |
| 2013 | 7.87 % change on previous year | +143.3% |
| 2014 | 7.92 % change on previous year | +0.6% |
| 2015 | 6.06 % change on previous year | -23.5% |
| 2016 | 7.26 % change on previous year | +19.8% |
| 2017 | 6.35 % change on previous year | -12.5% |
| 2018 | 2.44 % change on previous year | -61.6% |
| 2019 | 4.91 % change on previous year | +101.1% |
| 2020 | -9.96 % change on previous year | -302.9% |
| 2021 | 12.03 % change on previous year | -220.7% |
| 2022 | 4.33 % change on previous year | -64.0% |
| 2023 | 7.32 % change on previous year | +69.1% |
| 2024 | 3.79 % change on previous year | -48.2% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Kingdom of Great Britain and Northern Ireland 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 |
|---|---|---|---|
| 2009 | -9586.1% | -0.1052 % change on previous year | -10.19 % change on previous year |
| 1982 | +3015.2% | 0.3074 % change on previous year | 9.58 % change on previous year |
| 1991 | -926.9% | 0.9037 % change on previous year | -7.47 % change on previous year |
| 1994 | +856.3% | 0.7518 % change on previous year | 7.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.17 % change on previous year | 9.77 % change on previous year | 23.38 % change on previous year | 9 |
| 1980s | 11.56 % change on previous year | 0.3074 % change on previous year | 24.05 % change on previous year | 10 |
| 1990s | 2.6 % change on previous year | -7.47 % change on previous year | 9.92 % change on previous year | 10 |
| 2000s | 3.32 % change on previous year | -10.19 % change on previous year | 6.99 % change on previous year | 10 |
| 2010s | 4.98 % change on previous year | 1.22 % change on previous year | 7.92 % change on previous year | 10 |
| 2020s | 3.5 % change on previous year | -9.96 % change on previous year | 12.03 % change on previous year | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 158 Oman 3.94 % change on previous year compare
- 159 Denmark 3.88 % change on previous year compare
- 160 Albania 3.81 % change on previous year compare
- 161 United Kingdom 3.79 % change on previous year compare
- 163 Canada 3.73 % change on previous year compare
- 164 Andorra 3.69 % change on previous year compare
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.72 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 1.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.45 % change on previous year (2024)
- 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)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in United Kingdom of Great Britain and Northern Ireland?
- Gross fixed capital formation — value standard local currency, annual in United Kingdom of Great Britain and Northern Ireland was 3.79 % 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 United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 24.05 % change on previous year in 1988.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -10.19 % change on previous year in 2009.
- How does United Kingdom of Great Britain and Northern Ireland rank for gross fixed capital formation — value standard local currency, annual?
- United Kingdom of Great Britain and Northern Ireland ranks 161st out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is down 52.2%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.