Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Kingdom

United Kingdom: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 3.79 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.79 % change on previous year
Change on year
down 48.2%
World rank
161st
of 230 countries
All-time high
24.05 % change on previous year
in 1988
All-time low
-10.19 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Kingdom, 1971–2024

-1001020197119972024

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 is 3.79 % change on previous year, measured in 2024.

The figure 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 peaked at 24.05 % change on previous year in 1988 and was at its lowest, -10.19 % change on previous year, in 2009.

United Kingdom ranks 161st of 230 countries on this measure, 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, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in United Kingdom, 1971 to 2024.
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 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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 158 Oman 3.94 % change on previous year compare
  2. 159 Denmark 3.88 % change on previous year compare
  3. 160 Albania 3.81 % change on previous year compare
  4. 161 United Kingdom of Great Britain and Northern Ireland 3.79 % change on previous year compare
  5. 163 Canada 3.73 % change on previous year compare
  6. 164 Andorra 3.69 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in United Kingdom?
Gross fixed capital formation — value standard local currency, annual in United Kingdom 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?
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?
The lowest recorded value was -10.19 % change on previous year in 2009.
How does United Kingdom rank for gross fixed capital formation — value standard local currency, annual?
United Kingdom 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?
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 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.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Kingdom. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/united-kingdom/

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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

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

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.