Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Net Food Importing Developing Countries (NFIDCs)

Net Food Importing Developing Countries (NFIDCs): Gross Fixed Capital Formation — Value US$, 2015 prices was 784,654 million USD in 2024. ◆ Volatile

Latest (2024)
784,654 million USD
Change on year
up 4.2%
Rank
15th
of 30 groups
All-time high
784,654 million USD
in 2024
All-time low
112,582 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Net Food Importing Developing Countries (NFIDCs), 1970–2024

200.0k400.0k600.0k800.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Net Food Importing Developing Countries (NFIDCs) recorded 784,654 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.

The figure is up 4.2% on the previous year and up 23.5% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Net Food Importing Developing Countries (NFIDCs) peaked at 784,654 million USD in 2024 and was at its lowest, 112,582 million USD, in 1970.

That places Net Food Importing Developing Countries (NFIDCs) 15th out of 30 groups with data for 2024, putting it 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 US$, 2015 prices in Net Food Importing Developing Countries (NFIDCs), year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Net Food Importing Developing Countries (NFIDCs), 1970 to 2024.
Year million USD Change
1970 112,582 million USD —
1971 120,862 million USD +7.4%
1972 127,960 million USD +5.9%
1973 139,676 million USD +9.2%
1974 150,131 million USD +7.5%
1975 172,583 million USD +15.0%
1976 201,679 million USD +16.9%
1977 236,086 million USD +17.1%
1978 238,349 million USD +1.0%
1979 221,773 million USD -7.0%
1980 218,987 million USD -1.3%
1981 229,164 million USD +4.6%
1982 225,687 million USD -1.5%
1983 195,821 million USD -13.2%
1984 189,319 million USD -3.3%
1985 192,166 million USD +1.5%
1986 198,454 million USD +3.3%
1987 200,523 million USD +1.0%
1988 207,107 million USD +3.3%
1989 186,728 million USD -9.8%
1990 184,347 million USD -1.3%
1991 198,789 million USD +7.8%
1992 225,837 million USD +13.6%
1993 218,787 million USD -3.1%
1994 214,573 million USD -1.9%
1995 231,245 million USD +7.8%
1996 247,830 million USD +7.2%
1997 270,173 million USD +9.0%
1998 300,243 million USD +11.1%
1999 283,019 million USD -5.7%
2000 277,848 million USD -1.8%
2001 291,017 million USD +4.7%
2002 285,457 million USD -1.9%
2003 278,030 million USD -2.6%
2004 316,705 million USD +13.9%
2005 367,357 million USD +16.0%
2006 421,319 million USD +14.7%
2007 483,603 million USD +14.8%
2008 531,538 million USD +9.9%
2009 524,527 million USD -1.3%
2010 544,610 million USD +3.8%
2011 565,403 million USD +3.8%
2012 631,546 million USD +11.7%
2013 637,599 million USD +1.0%
2014 635,310 million USD -0.4%
2015 634,259 million USD -0.2%
2016 627,708 million USD -1.0%
2017 631,030 million USD +0.5%
2018 669,053 million USD +6.0%
2019 688,281 million USD +2.9%
2020 641,743 million USD -6.8%
2021 698,542 million USD +8.9%
2022 741,631 million USD +6.2%
2023 753,023 million USD +1.5%
2024 784,654 million USD +4.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 172,168 million USD 112,582 million USD 238,349 million USD 10
1980s 204,396 million USD 186,728 million USD 229,164 million USD 10
1990s 237,484 million USD 184,347 million USD 300,243 million USD 10
2000s 377,740 million USD 277,848 million USD 531,538 million USD 10
2010s 626,480 million USD 544,610 million USD 688,281 million USD 10
2020s 723,919 million USD 641,743 million USD 784,654 million USD 5

Countries ranked near Net Food Importing Developing Countries (NFIDCs)

  1. 12 Australia and New Zealand 453,936 million USD compare
  2. 13 Australia 399,804 million USD compare
  3. 14 Indonesia 390,633 million USD compare
  4. 15 Russian Federation 387,507 million USD compare
  5. 15 Russia 387,507 million USD compare
  6. 17 Canada 375,620 million USD compare
  7. 18 Brazil 351,696 million USD compare

See the full ranking of 265 places →

More economy & growth data for Net Food Importing Developing Countries (NFIDCs)

All data for Net Food Importing Developing Countries (NFIDCs) →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Net Food Importing Developing Countries (NFIDCs)?
Gross fixed capital formation — value us$, 2015 prices in Net Food Importing Developing Countries (NFIDCs) was 784,654 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Net Food Importing Developing Countries (NFIDCs)?
The highest recorded value was 784,654 million USD in 2024.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Net Food Importing Developing Countries (NFIDCs)?
The lowest recorded value was 112,582 million USD in 1970.
How does Net Food Importing Developing Countries (NFIDCs) rank for gross fixed capital formation — value us$, 2015 prices?
Net Food Importing Developing Countries (NFIDCs) ranks 15th out of 30 groups with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Net Food Importing Developing Countries (NFIDCs)?
Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
Where does this Net Food Importing Developing Countries (NFIDCs) 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.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Net Food Importing Developing Countries (NFIDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/net-food-importing-developing-countries-nfidcs/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 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).