Gross Fixed Capital Formation — Value Standard Local Currency in Italy
Italy: Gross Fixed Capital Formation — Value Standard Local Currency was 483,380 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Italy, 1970–2024
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 Italy is 483,380 million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.3% on the previous year and up 74.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Italy peaked at 483,380 million SLC in 2024 and was at its lowest, 9,537 million SLC, in 1970.
Italy ranks 91st 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 in Italy, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 9,537 million SLC | — |
| 1971 | 10,216 million SLC | +7.1% |
| 1972 | 10,942 million SLC | +7.1% |
| 1973 | 14,057 million SLC | +28.5% |
| 1974 | 18,751 million SLC | +33.4% |
| 1975 | 20,605 million SLC | +9.9% |
| 1976 | 24,790 million SLC | +20.3% |
| 1977 | 29,986 million SLC | +21.0% |
| 1978 | 34,392 million SLC | +14.7% |
| 1979 | 42,201 million SLC | +22.7% |
| 1980 | 55,872 million SLC | +32.4% |
| 1981 | 67,209 million SLC | +20.3% |
| 1982 | 74,721 million SLC | +11.2% |
| 1983 | 82,185 million SLC | +10.0% |
| 1984 | 93,304 million SLC | +13.5% |
| 1985 | 102,817 million SLC | +10.2% |
| 1986 | 109,742 million SLC | +6.7% |
| 1987 | 120,062 million SLC | +9.4% |
| 1988 | 135,886 million SLC | +13.2% |
| 1989 | 149,579 million SLC | +10.1% |
| 1990 | 168,057 million SLC | +12.4% |
| 1991 | 180,205 million SLC | +7.2% |
| 1992 | 184,768 million SLC | +2.5% |
| 1993 | 170,443 million SLC | -7.8% |
| 1994 | 177,675 million SLC | +4.2% |
| 1995 | 197,309 million SLC | +11.1% |
| 1996 | 206,667 million SLC | +4.7% |
| 1997 | 215,713 million SLC | +4.4% |
| 1998 | 228,610 million SLC | +6.0% |
| 1999 | 240,718 million SLC | +5.3% |
| 2000 | 265,363 million SLC | +10.2% |
| 2001 | 278,523 million SLC | +5.0% |
| 2002 | 296,929 million SLC | +6.6% |
| 2003 | 299,140 million SLC | +0.7% |
| 2004 | 312,740 million SLC | +4.5% |
| 2005 | 326,319 million SLC | +4.3% |
| 2006 | 343,591 million SLC | +5.3% |
| 2007 | 358,292 million SLC | +4.3% |
| 2008 | 355,875 million SLC | -0.7% |
| 2009 | 322,993 million SLC | -9.2% |
| 2010 | 329,129 million SLC | +1.9% |
| 2011 | 331,687 million SLC | +0.8% |
| 2012 | 303,818 million SLC | -8.4% |
| 2013 | 282,041 million SLC | -7.2% |
| 2014 | 277,055 million SLC | -1.8% |
| 2015 | 285,776 million SLC | +3.1% |
| 2016 | 296,808 million SLC | +3.9% |
| 2017 | 308,582 million SLC | +4.0% |
| 2018 | 321,793 million SLC | +4.3% |
| 2019 | 329,416 million SLC | +2.4% |
| 2020 | 306,142 million SLC | -7.1% |
| 2021 | 385,299 million SLC | +25.9% |
| 2022 | 439,000 million SLC | +13.9% |
| 2023 | 481,817 million SLC | +9.8% |
| 2024 | 483,380 million SLC | +0.3% |
Italy compared with similar countries
- Italy's 483,380 million SLC is above the median for high income countries, which is 36,467 million SLC, 13.3× the median. (73 countries reporting)
- Italy's 483,380 million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 4.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,548 million SLC | 9,537 million SLC | 42,201 million SLC | 10 |
| 1980s | 99,138 million SLC | 55,872 million SLC | 149,579 million SLC | 10 |
| 1990s | 197,016 million SLC | 168,057 million SLC | 240,718 million SLC | 10 |
| 2000s | 315,976 million SLC | 265,363 million SLC | 358,292 million SLC | 10 |
| 2010s | 306,610 million SLC | 277,055 million SLC | 331,687 million SLC | 10 |
| 2020s | 419,128 million SLC | 306,142 million SLC | 483,380 million SLC | 5 |
Countries ranked near Italy
- 88 Uruguay 528,838 million SLC compare
- 89 Guyana 523,012 million SLC compare
- 90 China, Hong Kong SAR 509,321 million SLC compare
- 92 United Kingdom of Great Britain and Northern Ireland 479,736 million SLC compare
- 92 United Kingdom 479,736 million SLC compare
- 94 Kyrgyzstan 467,192 million SLC compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.59 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 502.25 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3992 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 366.74 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.39 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Italy?
- Gross fixed capital formation — value standard local currency in Italy was 483,380 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 Italy?
- The highest recorded value was 483,380 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Italy?
- The lowest recorded value was 9,537 million SLC in 1970.
- How does Italy rank for gross fixed capital formation — value standard local currency?
- Italy ranks 91st out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Italy?
- Over the last ten years it is up 74.5%. The long-run trend across the full record is volatile.
- Where does this Italy 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).