Gross Fixed Capital Formation — Value Standard Local Currency in Greece
Greece: Gross Fixed Capital Formation — Value Standard Local Currency was 36,467 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Greece, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Greece recorded 36,467 million SLC for gross fixed capital formation — value standard local currency in 2024.
The figure is up 6.3% on the previous year and up 84.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Greece peaked at 59,069 million SLC in 2007 and was at its lowest, 330.86 million SLC, in 1970.
That places Greece 148th 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 in Greece, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 330.86 million SLC | — |
| 1971 | 383.84 million SLC | +16.0% |
| 1972 | 510.78 million SLC | +33.1% |
| 1973 | 674.04 million SLC | +32.0% |
| 1974 | 594.48 million SLC | -11.8% |
| 1975 | 712.23 million SLC | +19.8% |
| 1976 | 906.05 million SLC | +27.2% |
| 1977 | 1,207 million SLC | +33.2% |
| 1978 | 1,640 million SLC | +35.9% |
| 1979 | 2,173 million SLC | +32.5% |
| 1980 | 2,258 million SLC | +3.9% |
| 1981 | 2,466 million SLC | +9.2% |
| 1982 | 2,807 million SLC | +13.8% |
| 1983 | 3,589 million SLC | +27.9% |
| 1984 | 3,611 million SLC | +0.6% |
| 1985 | 4,732 million SLC | +31.1% |
| 1986 | 5,880 million SLC | +24.2% |
| 1987 | 6,265 million SLC | +6.6% |
| 1988 | 7,597 million SLC | +21.3% |
| 1989 | 9,454 million SLC | +24.4% |
| 1990 | 11,693 million SLC | +23.7% |
| 1991 | 14,101 million SLC | +20.6% |
| 1992 | 15,389 million SLC | +9.1% |
| 1993 | 16,483 million SLC | +7.1% |
| 1994 | 17,202 million SLC | +4.4% |
| 1995 | 19,320 million SLC | +12.3% |
| 1996 | 22,322 million SLC | +15.5% |
| 1997 | 24,075 million SLC | +7.9% |
| 1998 | 29,759 million SLC | +23.6% |
| 1999 | 32,734 million SLC | +10.0% |
| 2000 | 35,420 million SLC | +8.2% |
| 2001 | 37,956 million SLC | +7.2% |
| 2002 | 38,039 million SLC | +0.2% |
| 2003 | 43,444 million SLC | +14.2% |
| 2004 | 47,445 million SLC | +9.2% |
| 2005 | 41,741 million SLC | -12.0% |
| 2006 | 51,699 million SLC | +23.9% |
| 2007 | 59,069 million SLC | +14.3% |
| 2008 | 55,764 million SLC | -5.6% |
| 2009 | 48,019 million SLC | -13.9% |
| 2010 | 37,887 million SLC | -21.1% |
| 2011 | 28,271 million SLC | -25.4% |
| 2012 | 22,828 million SLC | -19.3% |
| 2013 | 20,538 million SLC | -10.0% |
| 2014 | 19,803 million SLC | -3.6% |
| 2015 | 19,594 million SLC | -1.1% |
| 2016 | 19,836 million SLC | +1.2% |
| 2017 | 21,376 million SLC | +7.8% |
| 2018 | 20,513 million SLC | -4.0% |
| 2019 | 20,367 million SLC | -0.7% |
| 2020 | 20,625 million SLC | +1.3% |
| 2021 | 25,499 million SLC | +23.6% |
| 2022 | 31,104 million SLC | +22.0% |
| 2023 | 34,319 million SLC | +10.3% |
| 2024 | 36,467 million SLC | +6.3% |
Greece compared with similar countries
- Greece's 36,467 million SLC is above the median for high income countries, which is 36,467 million SLC, 1.0× the median. (73 countries reporting)
- Greece's 36,467 million SLC is below the median for Europe & Central Asia, which is 116,713 million SLC, 31% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 913.12 million SLC | 330.86 million SLC | 2,173 million SLC | 10 |
| 1980s | 4,866 million SLC | 2,258 million SLC | 9,454 million SLC | 10 |
| 1990s | 20,308 million SLC | 11,693 million SLC | 32,734 million SLC | 10 |
| 2000s | 45,859 million SLC | 35,420 million SLC | 59,069 million SLC | 10 |
| 2010s | 23,101 million SLC | 19,594 million SLC | 37,887 million SLC | 10 |
| 2020s | 29,603 million SLC | 20,625 million SLC | 36,467 million SLC | 5 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 181.25 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 289.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 167.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 211.58 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Greece?
- Gross fixed capital formation — value standard local currency in Greece was 36,467 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Greece?
- The highest recorded value was 59,069 million SLC in 2007.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Greece?
- The lowest recorded value was 330.86 million SLC in 1970.
- How does Greece rank for gross fixed capital formation — value standard local currency?
- Greece ranks 148th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Greece?
- Over the last ten years it is up 84.1%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).