Gross Fixed Capital Formation — Value Standard Local Currency in Portugal
Portugal: Gross Fixed Capital Formation — Value Standard Local Currency was 56,726 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Portugal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Portugal stood at 56,726 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 116.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Portugal peaked at 56,726 million SLC in 2024 and was at its lowest, 289.09 million SLC, in 1970.
Portugal ranks 120th 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.
Gross Fixed Capital Formation — Value Standard Local Currency in Portugal, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 289.09 million SLC | — |
| 1971 | 344.62 million SLC | +19.2% |
| 1972 | 439.58 million SLC | +27.6% |
| 1973 | 529.58 million SLC | +20.5% |
| 1974 | 617.49 million SLC | +16.6% |
| 1975 | 684.38 million SLC | +10.8% |
| 1976 | 822.55 million SLC | +20.2% |
| 1977 | 1,161 million SLC | +41.1% |
| 1978 | 1,539 million SLC | +32.5% |
| 1979 | 1,848 million SLC | +20.1% |
| 1980 | 2,512 million SLC | +35.9% |
| 1981 | 3,241 million SLC | +29.0% |
| 1982 | 4,024 million SLC | +24.1% |
| 1983 | 4,701 million SLC | +16.8% |
| 1984 | 4,646 million SLC | -1.2% |
| 1985 | 5,376 million SLC | +15.7% |
| 1986 | 6,840 million SLC | +27.2% |
| 1987 | 8,866 million SLC | +29.6% |
| 1988 | 11,327 million SLC | +27.8% |
| 1989 | 12,951 million SLC | +14.3% |
| 1990 | 15,012 million SLC | +15.9% |
| 1991 | 16,408 million SLC | +9.3% |
| 1992 | 17,579 million SLC | +7.1% |
| 1993 | 17,341 million SLC | -1.4% |
| 1994 | 18,800 million SLC | +8.4% |
| 1995 | 20,797 million SLC | +10.6% |
| 1996 | 22,559 million SLC | +8.5% |
| 1997 | 26,683 million SLC | +18.3% |
| 1998 | 30,543 million SLC | +14.5% |
| 1999 | 33,109 million SLC | +8.4% |
| 2000 | 36,091 million SLC | +9.0% |
| 2001 | 37,302 million SLC | +3.4% |
| 2002 | 36,990 million SLC | -0.8% |
| 2003 | 34,809 million SLC | -5.9% |
| 2004 | 35,770 million SLC | +2.8% |
| 2005 | 36,808 million SLC | +2.9% |
| 2006 | 37,607 million SLC | +2.2% |
| 2007 | 39,623 million SLC | +5.4% |
| 2008 | 41,075 million SLC | +3.7% |
| 2009 | 37,323 million SLC | -9.1% |
| 2010 | 37,267 million SLC | -0.2% |
| 2011 | 32,696 million SLC | -12.3% |
| 2012 | 26,829 million SLC | -17.9% |
| 2013 | 25,394 million SLC | -5.3% |
| 2014 | 26,245 million SLC | +3.4% |
| 2015 | 28,185 million SLC | +7.4% |
| 2016 | 29,426 million SLC | +4.4% |
| 2017 | 33,539 million SLC | +14.0% |
| 2018 | 36,692 million SLC | +9.4% |
| 2019 | 39,672 million SLC | +8.1% |
| 2020 | 39,283 million SLC | -1.0% |
| 2021 | 44,520 million SLC | +13.3% |
| 2022 | 50,363 million SLC | +13.1% |
| 2023 | 53,970 million SLC | +7.2% |
| 2024 | 56,726 million SLC | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 827.46 million SLC | 289.09 million SLC | 1,848 million SLC | 10 |
| 1980s | 6,449 million SLC | 2,512 million SLC | 12,951 million SLC | 10 |
| 1990s | 21,883 million SLC | 15,012 million SLC | 33,109 million SLC | 10 |
| 2000s | 37,340 million SLC | 34,809 million SLC | 41,075 million SLC | 10 |
| 2010s | 31,594 million SLC | 25,394 million SLC | 39,672 million SLC | 10 |
| 2020s | 48,972 million SLC | 39,283 million SLC | 56,726 million SLC | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 8.71 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2195 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 7,043 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 4.13 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1943 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 6,233 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 12.24 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9328 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Portugal?
- Gross fixed capital formation — value standard local currency in Portugal was 56,726 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 Portugal?
- The highest recorded value was 56,726 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Portugal?
- The lowest recorded value was 289.09 million SLC in 1970.
- How does Portugal rank for gross fixed capital formation — value standard local currency?
- Portugal ranks 120th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Portugal?
- Over the last ten years it is up 116.1%. The long-run trend across the full record is volatile.
- Where does this Portugal 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).