Gross Fixed Capital Formation — Value Standard Local Currency in Indonesia

Indonesia: Gross Fixed Capital Formation — Value Standard Local Currency was 6.49 billion million SLC in 2024. ◆ Volatile

Latest (2024)
6.49 billion million SLC
Change on year
up 5.9%
World rank
2nd
of 230 countries
All-time high
6.49 billion million SLC
in 2024
All-time low
468,848 million SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency in Indonesia, 1970–2024

02.0B4.0B6.0B197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency in Indonesia is 6.49 billion million SLC, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 5.9% on the previous year and up 88.9% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency in Indonesia peaked at 6.49 billion million SLC in 2024 and was at its lowest, 468,848 million SLC, in 1970.

Indonesia ranks 2nd of 230 countries on this measure, in the top 10%.

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 Indonesia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency in Indonesia, 1970 to 2024.
Year million SLC Change
1970 468,848 million SLC —
1971 597,652 million SLC +27.5%
1972 883,083 million SLC +47.8%
1973 1.24 million million SLC +41.0%
1974 1.85 million million SLC +48.8%
1975 2.65 million million SLC +43.1%
1976 3.30 million million SLC +24.6%
1977 3.94 million million SLC +19.4%
1978 4.81 million million SLC +22.1%
1979 6.91 million million SLC +43.5%
1980 9.77 million million SLC +41.5%
1981 14.57 million million SLC +49.0%
1982 16.30 million million SLC +11.9%
1983 20.06 million million SLC +23.0%
1984 20.75 million million SLC +3.4%
1985 23.05 million million SLC +11.1%
1986 25.54 million million SLC +10.8%
1987 31.92 million million SLC +25.0%
1988 39.52 million million SLC +23.8%
1989 49.16 million million SLC +24.4%
1990 61.58 million million SLC +25.3%
1991 69.54 million million SLC +12.9%
1992 74.99 million million SLC +7.8%
1993 89.30 million million SLC +19.1%
1994 108.59 million million SLC +21.6%
1995 133.15 million million SLC +22.6%
1996 162.45 million million SLC +22.0%
1997 183.09 million million SLC +12.7%
1998 250.44 million million SLC +36.8%
1999 232.90 million million SLC -7.0%
2000 284.28 million million SLC +22.1%
2001 333.73 million million SLC +17.4%
2002 364.74 million million SLC +9.3%
2003 404.74 million million SLC +11.0%
2004 531.07 million million SLC +31.2%
2005 675.82 million million SLC +27.3%
2006 830.31 million million SLC +22.9%
2007 1.02 billion million SLC +22.3%
2008 1.41 billion million SLC +39.1%
2009 1.80 billion million SLC +27.3%
2010 2.13 billion million SLC +18.4%
2011 2.45 billion million SLC +15.2%
2012 2.82 billion million SLC +15.0%
2013 3.05 billion million SLC +8.2%
2014 3.44 billion million SLC +12.6%
2015 3.78 billion million SLC +10.0%
2016 4.04 billion million SLC +6.8%
2017 4.37 billion million SLC +8.2%
2018 4.79 billion million SLC +9.6%
2019 5.12 billion million SLC +6.9%
2020 4.90 billion million SLC -4.4%
2021 5.23 billion million SLC +6.8%
2022 5.70 billion million SLC +9.0%
2023 6.13 billion million SLC +7.6%
2024 6.49 billion million SLC +5.9%

Indonesia compared with similar countries

  • Indonesia's 6.49 billion million SLC is above the median for upper middle income countries, which is 199,742 million SLC, 32500.6× the median. (54 countries reporting)
  • Indonesia's 6.49 billion million SLC is above the median for East Asia & Pacific, which is 123,364 million SLC, 52623.0× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.67 million million SLC 468,848 million SLC 6.91 million million SLC 10
1980s 25.06 million million SLC 9.77 million million SLC 49.16 million million SLC 10
1990s 136.60 million million SLC 61.58 million million SLC 250.44 million million SLC 10
2000s 765.02 million million SLC 284.28 million million SLC 1.80 billion million SLC 10
2010s 3.60 billion million SLC 2.13 billion million SLC 5.12 billion million SLC 10
2020s 5.69 billion million SLC 4.90 billion million SLC 6.49 billion million SLC 5

Countries ranked near Indonesia

  1. 1 Iran (Islamic Republic of) 52.90 billion million SLC compare
  2. 3 Viet Nam 3.36 billion million SLC compare
  3. 3 Vietnam 3.36 billion million SLC compare
  4. 5 Republic of Korea 817.42 million million SLC compare

See the full ranking of 231 places →

More economy & growth data for Indonesia

All data for Indonesia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency in Indonesia?
Gross fixed capital formation — value standard local currency in Indonesia was 6.49 billion 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 Indonesia?
The highest recorded value was 6.49 billion million SLC in 2024.
What is the lowest gross fixed capital formation — value standard local currency recorded in Indonesia?
The lowest recorded value was 468,848 million SLC in 1970.
How does Indonesia rank for gross fixed capital formation — value standard local currency?
Indonesia ranks 2nd out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency rising or falling in Indonesia?
Over the last ten years it is up 88.9%. The long-run trend across the full record is volatile.
Where does this Indonesia 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.

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Gross Fixed Capital Formation — Value Standard Local Currency in Indonesia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency/indonesia/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
231 places, 11,667 data points, 1970–2024
Last refreshed

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).