Gross Fixed Capital Formation — Value Standard Local Currency, per in South Africa
South Africa: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.8707 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.8707 million SLC per square kilometre
Change on year
up 12.1%
World rank
129th
of 194 countries
All-time high
0.8707 million SLC per square kilometre
in 2023
All-time low
0.0028 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in South Africa, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
South Africa recorded 0.8707 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
That represents a change of up 12.1% on the previous year and up 47.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in South Africa peaked at 0.8707 million SLC per square kilometre in 2023 and was at its lowest, 0.0028 million SLC per square kilometre, in 1970.
South Africa ranks 129th of 194 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, per in South Africa, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0028 million SLC per square kilometre | — |
| 1971 | 0.0032 million SLC per square kilometre | +16.7% |
| 1972 | 0.0037 million SLC per square kilometre | +15.8% |
| 1973 | 0.0044 million SLC per square kilometre | +16.9% |
| 1974 | 0.0053 million SLC per square kilometre | +21.8% |
| 1975 | 0.007 million SLC per square kilometre | +32.1% |
| 1976 | 0.0081 million SLC per square kilometre | +15.6% |
| 1977 | 0.0084 million SLC per square kilometre | +3.1% |
| 1978 | 0.0091 million SLC per square kilometre | +8.2% |
| 1979 | 0.0108 million SLC per square kilometre | +19.0% |
| 1980 | 0.0144 million SLC per square kilometre | +33.5% |
| 1981 | 0.0177 million SLC per square kilometre | +22.8% |
| 1982 | 0.0201 million SLC per square kilometre | +13.7% |
| 1983 | 0.0218 million SLC per square kilometre | +8.4% |
| 1984 | 0.0235 million SLC per square kilometre | +7.9% |
| 1985 | 0.0258 million SLC per square kilometre | +9.7% |
| 1986 | 0.026 million SLC per square kilometre | +0.9% |
| 1987 | 0.0276 million SLC per square kilometre | +6.2% |
| 1988 | 0.0361 million SLC per square kilometre | +30.6% |
| 1989 | 0.0451 million SLC per square kilometre | +24.9% |
| 1990 | 0.0492 million SLC per square kilometre | +9.1% |
| 1991 | 0.0504 million SLC per square kilometre | +2.4% |
| 1992 | 0.0529 million SLC per square kilometre | +5.0% |
| 1993 | 0.0585 million SLC per square kilometre | +10.5% |
| 1994 | 0.0674 million SLC per square kilometre | +15.2% |
| 1995 | 0.0806 million SLC per square kilometre | +19.7% |
| 1996 | 0.0914 million SLC per square kilometre | +13.4% |
| 1997 | 0.1037 million SLC per square kilometre | +13.4% |
| 1998 | 0.1151 million SLC per square kilometre | +11.1% |
| 1999 | 0.1133 million SLC per square kilometre | -1.6% |
| 2000 | 0.1249 million SLC per square kilometre | +10.3% |
| 2001 | 0.1381 million SLC per square kilometre | +10.5% |
| 2002 | 0.1573 million SLC per square kilometre | +14.0% |
| 2003 | 0.1801 million SLC per square kilometre | +14.4% |
| 2004 | 0.2066 million SLC per square kilometre | +14.7% |
| 2005 | 0.2404 million SLC per square kilometre | +16.4% |
| 2006 | 0.2945 million SLC per square kilometre | +22.5% |
| 2007 | 0.368 million SLC per square kilometre | +24.9% |
| 2008 | 0.4653 million SLC per square kilometre | +26.5% |
| 2009 | 0.449 million SLC per square kilometre | -3.5% |
| 2010 | 0.4424 million SLC per square kilometre | -1.5% |
| 2011 | 0.4884 million SLC per square kilometre | +10.4% |
| 2012 | 0.5273 million SLC per square kilometre | +7.9% |
| 2013 | 0.5925 million SLC per square kilometre | +12.4% |
| 2014 | 0.6237 million SLC per square kilometre | +5.3% |
| 2015 | 0.6563 million SLC per square kilometre | +5.2% |
| 2016 | 0.6843 million SLC per square kilometre | +4.3% |
| 2017 | 0.6865 million SLC per square kilometre | +0.3% |
| 2018 | 0.7039 million SLC per square kilometre | +2.5% |
| 2019 | 0.7173 million SLC per square kilometre | +1.9% |
| 2020 | 0.6338 million SLC per square kilometre | -11.6% |
| 2021 | 0.6748 million SLC per square kilometre | +6.5% |
| 2022 | 0.7765 million SLC per square kilometre | +15.1% |
| 2023 | 0.8707 million SLC per square kilometre | +12.1% |
South Africa compared with similar countries
- South Africa's 0.8707 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 42% of the median. (54 countries reporting)
- South Africa's 0.8707 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 22% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0063 million SLC per square kilometre | 0.0028 million SLC per square kilometre | 0.0108 million SLC per square kilometre | 10 |
| 1980s | 0.0258 million SLC per square kilometre | 0.0144 million SLC per square kilometre | 0.0451 million SLC per square kilometre | 10 |
| 1990s | 0.0782 million SLC per square kilometre | 0.0492 million SLC per square kilometre | 0.1151 million SLC per square kilometre | 10 |
| 2000s | 0.2624 million SLC per square kilometre | 0.1249 million SLC per square kilometre | 0.4653 million SLC per square kilometre | 10 |
| 2010s | 0.6123 million SLC per square kilometre | 0.4424 million SLC per square kilometre | 0.7173 million SLC per square kilometre | 10 |
| 2020s | 0.7389 million SLC per square kilometre | 0.6338 million SLC per square kilometre | 0.8707 million SLC per square kilometre | 4 |
Countries ranked near South Africa
- 126 South Sudan 0.976 million SLC per square kilometre compare
- 127 Tuvalu 0.9147 million SLC per square kilometre compare
- 128 Dominica 0.9033 million SLC per square kilometre compare
- 130 Morocco 0.8386 million SLC per square kilometre compare
- 131 Eswatini 0.7802 million SLC per square kilometre compare
- 132 Cyprus 0.7251 million SLC per square kilometre 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, per in South Africa?
- Gross fixed capital formation — value standard local currency, per in South Africa was 0.8707 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in South Africa?
- The highest recorded value was 0.8707 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in South Africa?
- The lowest recorded value was 0.0028 million SLC per square kilometre in 1970.
- How does South Africa rank for gross fixed capital formation — value standard local currency, per?
- South Africa ranks 129th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in South Africa?
- Over the last ten years it is up 47.0%. 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, per square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.