Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Republic of Tanzania
United Republic of Tanzania: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 5.25 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Republic of Tanzania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in United Republic of Tanzania stood at 5.25 % change on previous year.
That represents a change of down 38.8% on the previous year and down 49.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in United Republic of Tanzania peaked at 104.14 % change on previous year in 1987 and was at its lowest, -28.39 % change on previous year, in 1983.
That places United Republic of Tanzania 132nd 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 Republic of Tanzania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 26.3 % change on previous year | — |
| 1972 | -0.3373 % change on previous year | -101.3% |
| 1973 | 9.98 % change on previous year | -3059.3% |
| 1974 | 16.62 % change on previous year | +66.4% |
| 1975 | 16.75 % change on previous year | +0.8% |
| 1976 | 25.88 % change on previous year | +54.4% |
| 1977 | 29.15 % change on previous year | +12.7% |
| 1978 | 10.01 % change on previous year | -65.7% |
| 1979 | 17.22 % change on previous year | +72.0% |
| 1980 | 0.4421 % change on previous year | -97.4% |
| 1981 | 0.023 % change on previous year | -94.8% |
| 1982 | 25.41 % change on previous year | +110400.9% |
| 1983 | -28.39 % change on previous year | -211.7% |
| 1984 | 54.45 % change on previous year | -291.8% |
| 1985 | 58.41 % change on previous year | +7.3% |
| 1986 | 86.36 % change on previous year | +47.9% |
| 1987 | 104.14 % change on previous year | +20.6% |
| 1988 | 65.54 % change on previous year | -37.1% |
| 1989 | 37.61 % change on previous year | -42.6% |
| 1990 | 75.34 % change on previous year | +100.3% |
| 1991 | -11.35 % change on previous year | -115.1% |
| 1992 | 35.34 % change on previous year | -411.5% |
| 1993 | 20.74 % change on previous year | -41.3% |
| 1994 | 22.99 % change on previous year | +10.9% |
| 1995 | 5.48 % change on previous year | -76.2% |
| 1996 | 4.96 % change on previous year | -9.4% |
| 1997 | 11.51 % change on previous year | +132.0% |
| 1998 | 28.67 % change on previous year | +149.1% |
| 1999 | 1.33 % change on previous year | -95.4% |
| 2000 | 8.31 % change on previous year | +527.4% |
| 2001 | 16.16 % change on previous year | +94.3% |
| 2002 | 13.18 % change on previous year | -18.4% |
| 2003 | 29.95 % change on previous year | +127.3% |
| 2004 | 36.07 % change on previous year | +20.4% |
| 2005 | 27.18 % change on previous year | -24.6% |
| 2006 | 34.6 % change on previous year | +27.3% |
| 2007 | 30.44 % change on previous year | -12.0% |
| 2008 | 30.8 % change on previous year | +1.2% |
| 2009 | -1.36 % change on previous year | -104.4% |
| 2010 | 15.5 % change on previous year | -1241.9% |
| 2011 | 37.74 % change on previous year | +143.6% |
| 2012 | 8.35 % change on previous year | -77.9% |
| 2013 | 19.63 % change on previous year | +135.1% |
| 2014 | 10.3 % change on previous year | -47.6% |
| 2015 | 9.89 % change on previous year | -4.0% |
| 2016 | 18.21 % change on previous year | +84.1% |
| 2017 | 17.05 % change on previous year | -6.4% |
| 2018 | -0.6769 % change on previous year | -104.0% |
| 2019 | 21.16 % change on previous year | -3226.2% |
| 2020 | 20.6 % change on previous year | -2.6% |
| 2021 | 11.8 % change on previous year | -42.7% |
| 2022 | 1.59 % change on previous year | -86.6% |
| 2023 | 8.58 % change on previous year | +440.8% |
| 2024 | 5.25 % change on previous year | -38.8% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in United Republic of Tanzania 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 |
|---|---|---|---|
| 1982 | +110400.9% | 0.023 % change on previous year | 25.41 % change on previous year |
| 2019 | +3226.2% | -0.6769 % change on previous year | 21.16 % change on previous year |
| 1973 | +3059.3% | -0.3373 % change on previous year | 9.98 % change on previous year |
| 2010 | +1241.9% | -1.36 % change on previous year | 15.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.84 % change on previous year | -0.3373 % change on previous year | 29.15 % change on previous year | 9 |
| 1980s | 40.4 % change on previous year | -28.39 % change on previous year | 104.14 % change on previous year | 10 |
| 1990s | 19.5 % change on previous year | -11.35 % change on previous year | 75.34 % change on previous year | 10 |
| 2000s | 22.53 % change on previous year | -1.36 % change on previous year | 36.07 % change on previous year | 10 |
| 2010s | 15.71 % change on previous year | -0.6769 % change on previous year | 37.74 % change on previous year | 10 |
| 2020s | 9.56 % change on previous year | 1.59 % change on previous year | 20.6 % change on previous year | 5 |
Countries ranked near United Republic of Tanzania
More economy & growth data for United Republic of Tanzania
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 45.11 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -2.58 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.28 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.28 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 211.61 million million SLC (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.28 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 39.07 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.25 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 45.11 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.28 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in United Republic of Tanzania?
- Gross fixed capital formation — value standard local currency, annual in United Republic of Tanzania was 5.25 % 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 Republic of Tanzania?
- The highest recorded value was 104.14 % change on previous year in 1987.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in United Republic of Tanzania?
- The lowest recorded value was -28.39 % change on previous year in 1983.
- How does United Republic of Tanzania rank for gross fixed capital formation — value standard local currency, annual?
- United Republic of Tanzania ranks 132nd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in United Republic of Tanzania?
- Over the last ten years it is down 49.0%. The long-run trend across the full record is volatile.
- Where does this United Republic of Tanzania 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
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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
- 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.