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

Latest (2024)
483,380 million SLC
Change on year
up 0.3%
World rank
76th
of 202 countries
All-time high
483,380 million SLC
in 2024
All-time low
9,537 million SLC
in 1970
Years of data
55
1970–2024

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

0100.0k200.0k300.0k400.0k500.0k197019972024

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 76th of 202 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 73 Uruguay 528,838 million SLC compare
  2. 74 Guyana 523,012 million SLC compare
  3. 75 China, Hong Kong SAR 509,321 million SLC compare
  4. 77 United Kingdom of Great Britain and Northern Ireland 479,736 million SLC compare
  5. 78 Kyrgyzstan 467,192 million SLC compare
  6. 79 Mozambique 461,543 million SLC compare

See the full ranking of 217 places →

More economy & growth data for Italy

All data for Italy →

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 76th out of 202 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.

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Gross Fixed Capital Formation — Value Standard Local Currency in Italy. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency/italy/

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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
217 places, 10,994 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).