Gross Fixed Capital Formation — Value US$, 2015 prices in Greece
Greece: Gross Fixed Capital Formation — Value US$, 2015 prices was 36,420 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Greece, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Greece stood at 36,420 million USD.
The figure is up 4.5% on the previous year and up 67.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Greece peaked at 64,534 million USD in 2007 and was at its lowest, 21,700 million USD, in 2014.
Greece ranks 64th of 235 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Greece, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 26,369 million USD | — |
| 1971 | 29,540 million USD | +12.0% |
| 1972 | 36,718 million USD | +24.3% |
| 1973 | 38,857 million USD | +5.8% |
| 1974 | 25,835 million USD | -33.5% |
| 1975 | 28,851 million USD | +11.7% |
| 1976 | 30,817 million USD | +6.8% |
| 1977 | 34,626 million USD | +12.4% |
| 1978 | 38,876 million USD | +12.3% |
| 1979 | 40,541 million USD | +4.3% |
| 1980 | 34,106 million USD | -15.9% |
| 1981 | 30,781 million USD | -9.7% |
| 1982 | 29,788 million USD | -3.2% |
| 1983 | 31,682 million USD | +6.4% |
| 1984 | 26,538 million USD | -16.2% |
| 1985 | 29,019 million USD | +9.3% |
| 1986 | 29,049 million USD | +0.1% |
| 1987 | 27,413 million USD | -5.6% |
| 1988 | 28,118 million USD | +2.6% |
| 1989 | 29,836 million USD | +6.1% |
| 1990 | 31,167 million USD | +4.5% |
| 1991 | 32,491 million USD | +4.2% |
| 1992 | 31,358 million USD | -3.5% |
| 1993 | 30,106 million USD | -4.0% |
| 1994 | 29,178 million USD | -3.1% |
| 1995 | 30,383 million USD | +4.1% |
| 1996 | 33,237 million USD | +9.4% |
| 1997 | 34,260 million USD | +3.1% |
| 1998 | 40,392 million USD | +17.9% |
| 1999 | 43,225 million USD | +7.0% |
| 2000 | 45,295 million USD | +4.8% |
| 2001 | 47,075 million USD | +3.9% |
| 2002 | 45,914 million USD | -2.5% |
| 2003 | 51,312 million USD | +11.8% |
| 2004 | 55,218 million USD | +7.6% |
| 2005 | 48,582 million USD | -12.0% |
| 2006 | 57,665 million USD | +18.7% |
| 2007 | 64,534 million USD | +11.9% |
| 2008 | 59,815 million USD | -7.3% |
| 2009 | 51,882 million USD | -13.3% |
| 2010 | 40,364 million USD | -22.2% |
| 2011 | 30,173 million USD | -25.2% |
| 2012 | 24,489 million USD | -18.8% |
| 2013 | 22,196 million USD | -9.4% |
| 2014 | 21,700 million USD | -2.2% |
| 2015 | 21,740 million USD | +0.2% |
| 2016 | 22,298 million USD | +2.6% |
| 2017 | 24,007 million USD | +7.7% |
| 2018 | 22,910 million USD | -4.6% |
| 2019 | 22,721 million USD | -0.8% |
| 2020 | 23,101 million USD | +1.7% |
| 2021 | 28,106 million USD | +21.7% |
| 2022 | 32,705 million USD | +16.4% |
| 2023 | 34,851 million USD | +6.6% |
| 2024 | 36,420 million USD | +4.5% |
Greece compared with similar countries
- Greece's 36,420 million USD is above the median for high income countries, which is 13,942 million USD, 2.6× the median. (73 countries reporting)
- Greece's 36,420 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 2.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33,103 million USD | 25,835 million USD | 40,541 million USD | 10 |
| 1980s | 29,633 million USD | 26,538 million USD | 34,106 million USD | 10 |
| 1990s | 33,580 million USD | 29,178 million USD | 43,225 million USD | 10 |
| 2000s | 52,729 million USD | 45,295 million USD | 64,534 million USD | 10 |
| 2010s | 25,260 million USD | 21,700 million USD | 40,364 million USD | 10 |
| 2020s | 31,037 million USD | 23,101 million USD | 36,420 million USD | 5 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Greece?
- Gross fixed capital formation — value us$, 2015 prices in Greece was 36,420 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Greece?
- The highest recorded value was 64,534 million USD in 2007.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Greece?
- The lowest recorded value was 21,700 million USD in 2014.
- How does Greece rank for gross fixed capital formation — value us$, 2015 prices?
- Greece ranks 64th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Greece?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).