Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Italy
Italy: Gross Fixed Capital Formation — Value US$, 2015 prices was 471,911 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Italy, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Italy stood at 471,911 million USD. That is the highest value across all 55 years on record.
The figure is up 0.5% on the previous year and up 51.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Italy peaked at 471,911 million USD in 2024 and was at its lowest, 207,447 million USD, in 1970.
Italy ranks 11th of 235 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Italy, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 207,447 million USD | — |
| 1971 | 211,016 million USD | +1.7% |
| 1972 | 218,791 million USD | +3.7% |
| 1973 | 234,328 million USD | +7.1% |
| 1974 | 241,110 million USD | +2.9% |
| 1975 | 226,015 million USD | -6.3% |
| 1976 | 227,213 million USD | +0.5% |
| 1977 | 234,058 million USD | +3.0% |
| 1978 | 236,921 million USD | +1.2% |
| 1979 | 252,730 million USD | +6.7% |
| 1980 | 270,140 million USD | +6.9% |
| 1981 | 265,922 million USD | -1.6% |
| 1982 | 256,958 million USD | -3.4% |
| 1983 | 253,259 million USD | -1.4% |
| 1984 | 263,349 million USD | +4.0% |
| 1985 | 266,071 million USD | +1.0% |
| 1986 | 273,480 million USD | +2.8% |
| 1987 | 286,661 million USD | +4.8% |
| 1988 | 307,267 million USD | +7.2% |
| 1989 | 320,740 million USD | +4.4% |
| 1990 | 334,617 million USD | +4.3% |
| 1991 | 338,957 million USD | +1.3% |
| 1992 | 334,084 million USD | -1.4% |
| 1993 | 296,606 million USD | -11.2% |
| 1994 | 298,735 million USD | +0.7% |
| 1995 | 321,076 million USD | +7.5% |
| 1996 | 328,412 million USD | +2.3% |
| 1997 | 335,819 million USD | +2.3% |
| 1998 | 349,585 million USD | +4.1% |
| 1999 | 365,678 million USD | +4.6% |
| 2000 | 391,531 million USD | +7.1% |
| 2001 | 400,936 million USD | +2.4% |
| 2002 | 415,492 million USD | +3.6% |
| 2003 | 411,921 million USD | -0.9% |
| 2004 | 418,965 million USD | +1.7% |
| 2005 | 425,495 million USD | +1.6% |
| 2006 | 436,668 million USD | +2.6% |
| 2007 | 443,375 million USD | +1.5% |
| 2008 | 428,387 million USD | -3.4% |
| 2009 | 383,447 million USD | -10.5% |
| 2010 | 384,030 million USD | +0.2% |
| 2011 | 378,064 million USD | -1.6% |
| 2012 | 341,251 million USD | -9.7% |
| 2013 | 317,478 million USD | -7.0% |
| 2014 | 311,003 million USD | -2.0% |
| 2015 | 317,072 million USD | +2.0% |
| 2016 | 329,565 million USD | +3.9% |
| 2017 | 340,099 million USD | +3.2% |
| 2018 | 351,591 million USD | +3.4% |
| 2019 | 356,911 million USD | +1.5% |
| 2020 | 331,483 million USD | -7.1% |
| 2021 | 402,688 million USD | +21.5% |
| 2022 | 432,706 million USD | +7.5% |
| 2023 | 469,475 million USD | +8.5% |
| 2024 | 471,911 million USD | +0.5% |
Italy compared with similar countries
- Italy's 471,911 million USD is above the median for high income countries, which is 13,942 million USD, 33.8× the median. (73 countries reporting)
- Italy's 471,911 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 26.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 228,963 million USD | 207,447 million USD | 252,730 million USD | 10 |
| 1980s | 276,385 million USD | 253,259 million USD | 320,740 million USD | 10 |
| 1990s | 330,357 million USD | 296,606 million USD | 365,678 million USD | 10 |
| 2000s | 415,622 million USD | 383,447 million USD | 443,375 million USD | 10 |
| 2010s | 342,706 million USD | 311,003 million USD | 384,030 million USD | 10 |
| 2020s | 421,653 million USD | 331,483 million USD | 471,911 million USD | 5 |
Countries ranked near Italy
- 8 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
- 8 United Kingdom 584,388 million USD compare
- 10 Republic of Korea 571,534 million USD compare
- 12 Australia and New Zealand 453,936 million USD compare
- 13 Australia 399,804 million USD compare
- 14 Indonesia 390,633 million USD 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 us$, 2015 prices in Italy?
- Gross fixed capital formation — value us$, 2015 prices in Italy was 471,911 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Italy?
- The highest recorded value was 471,911 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Italy?
- The lowest recorded value was 207,447 million USD in 1970.
- How does Italy rank for gross fixed capital formation — value us$, 2015 prices?
- Italy ranks 11th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Italy?
- Over the last ten years it is up 51.7%. The long-run trend across the full record is rising.
- 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 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).