Gross Fixed Capital Formation — Value US$, 2015 prices (Gross US 2015) in South Africa
South Africa: Gross Fixed Capital Formation — Value US$, 2015 prices (Gross US 2015) was 52,601 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in South Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
South Africa recorded 52,601 million USD for gross fixed capital formation — value us$, 2015 prices in 2024.
That represents a change of down 3.7% on the previous year and down 14.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in South Africa peaked at 62,398 million USD in 2015 and was at its lowest, 16,607 million USD, in 1970.
That places South Africa 57th out of 235 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices (Gross US 2015) in South Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 16,607 million USD | — |
| 1971 | 18,402 million USD | +10.8% |
| 1972 | 19,477 million USD | +5.8% |
| 1973 | 20,494 million USD | +5.2% |
| 1974 | 21,832 million USD | +6.5% |
| 1975 | 23,962 million USD | +9.8% |
| 1976 | 23,666 million USD | -1.2% |
| 1977 | 22,256 million USD | -6.0% |
| 1978 | 21,638 million USD | -2.8% |
| 1979 | 22,540 million USD | +4.2% |
| 1980 | 26,390 million USD | +17.1% |
| 1981 | 28,753 million USD | +9.0% |
| 1982 | 28,135 million USD | -2.1% |
| 1983 | 27,138 million USD | -3.5% |
| 1984 | 26,734 million USD | -1.5% |
| 1985 | 24,856 million USD | -7.0% |
| 1986 | 20,239 million USD | -18.6% |
| 1987 | 19,203 million USD | -5.1% |
| 1988 | 21,620 million USD | +12.6% |
| 1989 | 23,026 million USD | +6.5% |
| 1990 | 22,487 million USD | -2.3% |
| 1991 | 20,782 million USD | -7.6% |
| 1992 | 20,221 million USD | -2.7% |
| 1993 | 20,672 million USD | +2.2% |
| 1994 | 22,377 million USD | +8.2% |
| 1995 | 24,770 million USD | +10.7% |
| 1996 | 27,001 million USD | +9.0% |
| 1997 | 28,551 million USD | +5.7% |
| 1998 | 29,912 million USD | +4.8% |
| 1999 | 27,640 million USD | -7.6% |
| 2000 | 28,709 million USD | +3.9% |
| 2001 | 29,526 million USD | +2.8% |
| 2002 | 30,558 million USD | +3.5% |
| 2003 | 33,686 million USD | +10.2% |
| 2004 | 38,024 million USD | +12.9% |
| 2005 | 42,200 million USD | +11.0% |
| 2006 | 47,325 million USD | +12.1% |
| 2007 | 53,836 million USD | +13.8% |
| 2008 | 60,740 million USD | +12.8% |
| 2009 | 56,684 million USD | -6.7% |
| 2010 | 54,467 million USD | -3.9% |
| 2011 | 58,194 million USD | +6.8% |
| 2012 | 59,217 million USD | +1.8% |
| 2013 | 62,390 million USD | +5.4% |
| 2014 | 61,568 million USD | -1.3% |
| 2015 | 62,398 million USD | +1.3% |
| 2016 | 61,193 million USD | -1.9% |
| 2017 | 59,949 million USD | -2.0% |
| 2018 | 59,221 million USD | -1.2% |
| 2019 | 58,188 million USD | -1.7% |
| 2020 | 49,677 million USD | -14.6% |
| 2021 | 49,994 million USD | +0.6% |
| 2022 | 52,392 million USD | +4.8% |
| 2023 | 54,617 million USD | +4.2% |
| 2024 | 52,601 million USD | -3.7% |
South Africa compared with similar countries
- South Africa's 52,601 million USD is above the median for upper middle income countries, which is 7,886 million USD, 6.7× the median. (54 countries reporting)
- South Africa's 52,601 million USD is above the median for Sub-Saharan Africa, which is 3,315 million USD, 15.9× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,088 million USD | 16,607 million USD | 23,962 million USD | 10 |
| 1980s | 24,609 million USD | 19,203 million USD | 28,753 million USD | 10 |
| 1990s | 24,441 million USD | 20,221 million USD | 29,912 million USD | 10 |
| 2000s | 42,129 million USD | 28,709 million USD | 60,740 million USD | 10 |
| 2010s | 59,678 million USD | 54,467 million USD | 62,398 million USD | 10 |
| 2020s | 51,856 million USD | 49,677 million USD | 54,617 million USD | 5 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Real gdp growth, annual growth rate 108.41 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in South Africa?
- Gross fixed capital formation — value us$, 2015 prices in South Africa was 52,601 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in South Africa?
- The highest recorded value was 62,398 million USD in 2015.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in South Africa?
- The lowest recorded value was 16,607 million USD in 1970.
- How does South Africa rank for gross fixed capital formation — value us$, 2015 prices?
- South Africa ranks 57th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in South Africa?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is rising.
- Where does this South Africa 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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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).