Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in European Union (27)
European Union (27): Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was -1.72 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in European Union (27), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in European Union (27) is -1.72 % change on previous year, measured in 2024.
Compared with earlier readings it is down 191.4% on the previous year and down 175.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in European Union (27) peaked at 7.35 % change on previous year in 1990 and was at its lowest, -11.34 % change on previous year, in 2009.
That places European Union (27) 28th out of 30 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in European Union (27), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.57 % change on previous year | — |
| 1972 | 5.2 % change on previous year | +13.7% |
| 1973 | 5.03 % change on previous year | -3.3% |
| 1974 | -1.95 % change on previous year | -138.7% |
| 1975 | -3.75 % change on previous year | +92.8% |
| 1976 | 2.3 % change on previous year | -161.2% |
| 1977 | 2.99 % change on previous year | +30.4% |
| 1978 | 2.35 % change on previous year | -21.4% |
| 1979 | 3.66 % change on previous year | +55.2% |
| 1980 | 2.88 % change on previous year | -21.2% |
| 1981 | -3.79 % change on previous year | -231.4% |
| 1982 | -2.6 % change on previous year | -31.4% |
| 1983 | -0.014 % change on previous year | -99.5% |
| 1984 | 0.6069 % change on previous year | -4435.6% |
| 1985 | 2.64 % change on previous year | +335.1% |
| 1986 | 4.13 % change on previous year | +56.5% |
| 1987 | 4.39 % change on previous year | +6.1% |
| 1988 | 7.21 % change on previous year | +64.5% |
| 1989 | 6.83 % change on previous year | -5.3% |
| 1990 | 7.35 % change on previous year | +7.7% |
| 1991 | 0.5777 % change on previous year | -92.1% |
| 1992 | -0.3273 % change on previous year | -156.7% |
| 1993 | -6 % change on previous year | +1731.9% |
| 1994 | 2.87 % change on previous year | -147.9% |
| 1995 | 3.97 % change on previous year | +38.3% |
| 1996 | 2.52 % change on previous year | -36.5% |
| 1997 | 3.15 % change on previous year | +25.1% |
| 1998 | 6.08 % change on previous year | +92.9% |
| 1999 | 5.63 % change on previous year | -7.3% |
| 2000 | 4.88 % change on previous year | -13.4% |
| 2001 | 0.96 % change on previous year | -80.3% |
| 2002 | -1.21 % change on previous year | -226.5% |
| 2003 | 1.25 % change on previous year | -202.8% |
| 2004 | 2.88 % change on previous year | +130.5% |
| 2005 | 3.13 % change on previous year | +8.7% |
| 2006 | 6.25 % change on previous year | +99.9% |
| 2007 | 6.01 % change on previous year | -3.8% |
| 2008 | -0.1721 % change on previous year | -102.9% |
| 2009 | -11.34 % change on previous year | +6490.6% |
| 2010 | -0.3496 % change on previous year | -96.9% |
| 2011 | 2.26 % change on previous year | -747.9% |
| 2012 | -2.73 % change on previous year | -220.7% |
| 2013 | -1.98 % change on previous year | -27.4% |
| 2014 | 2.29 % change on previous year | -215.3% |
| 2015 | 5.05 % change on previous year | +120.5% |
| 2016 | 3.02 % change on previous year | -40.1% |
| 2017 | 4 % change on previous year | +32.5% |
| 2018 | 3.69 % change on previous year | -7.9% |
| 2019 | 6.7 % change on previous year | +81.8% |
| 2020 | -4.98 % change on previous year | -174.3% |
| 2021 | 4.15 % change on previous year | -183.3% |
| 2022 | 2.14 % change on previous year | -48.3% |
| 2023 | 1.88 % change on previous year | -12.4% |
| 2024 | -1.72 % change on previous year | -191.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in European Union (27) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -6490.6% | -0.1721 % change on previous year | -11.34 % change on previous year |
| 1984 | +4435.6% | -0.014 % change on previous year | 0.6069 % change on previous year |
| 1993 | -1731.9% | -0.3273 % change on previous year | -6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.27 % change on previous year | -3.75 % change on previous year | 5.2 % change on previous year | 9 |
| 1980s | 2.23 % change on previous year | -3.79 % change on previous year | 7.21 % change on previous year | 10 |
| 1990s | 2.58 % change on previous year | -6 % change on previous year | 7.35 % change on previous year | 10 |
| 2000s | 1.26 % change on previous year | -11.34 % change on previous year | 6.25 % change on previous year | 10 |
| 2010s | 2.19 % change on previous year | -2.73 % change on previous year | 6.7 % change on previous year | 10 |
| 2020s | 0.2949 % change on previous year | -4.98 % change on previous year | 4.15 % change on previous year | 5 |
Countries ranked near European Union (27)
- 25 Somalia 9.79 % change on previous year compare
- 26 Djibouti 9.39 % change on previous year compare
- 27 Guinea-Bissau 9.31 % change on previous year compare
- 28 Montenegro 9.3 % change on previous year compare
- 29 Paraguay 8.33 % change on previous year compare
- 30 Mauritius 8.27 % change on previous year compare
- 31 Yemen 8.11 % change on previous year compare
More economy & growth data for European Union (27)
- Gross Fixed Capital Formation — Value US$, 2015 prices 3.30 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 15.69 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.41 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.5 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.03 % (2024)
- Gross Fixed Capital Formation — Value US$ 4.15 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.5295 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 0.5295 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -1.72 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.11 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in European Union (27)?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in European Union (27) was -1.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in European Union (27)?
- The highest recorded value was 7.35 % change on previous year in 1990.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in European Union (27)?
- The lowest recorded value was -11.34 % change on previous year in 2009.
- How does European Union (27) rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- European Union (27) ranks 28th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in European Union (27)?
- Over the last ten years it is down 175.0%. The long-run trend across the full record is volatile.
- Where does this European Union (27) data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.