Gross Fixed Capital Formation — Value US$, 2015 prices in South America
South America: Gross Fixed Capital Formation — Value US$, 2015 prices was 682,399 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in South America, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in South America stood at 682,399 million USD.
Compared with earlier readings it is up 0.9% on the previous year and down 14.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in South America peaked at 839,641 million USD in 2013 and was at its lowest, 183,213 million USD, in 1970.
That places South America 16th out of 29 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in South America, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 183,213 million USD | — |
| 1971 | 204,941 million USD | +11.9% |
| 1972 | 223,473 million USD | +9.0% |
| 1973 | 248,736 million USD | +11.3% |
| 1974 | 270,794 million USD | +8.9% |
| 1975 | 299,475 million USD | +10.6% |
| 1976 | 334,045 million USD | +11.5% |
| 1977 | 367,768 million USD | +10.1% |
| 1978 | 376,119 million USD | +2.3% |
| 1979 | 365,678 million USD | -2.8% |
| 1980 | 385,228 million USD | +5.3% |
| 1981 | 362,610 million USD | -5.9% |
| 1982 | 333,412 million USD | -8.1% |
| 1983 | 277,516 million USD | -16.8% |
| 1984 | 264,595 million USD | -4.7% |
| 1985 | 272,900 million USD | +3.1% |
| 1986 | 316,402 million USD | +15.9% |
| 1987 | 322,959 million USD | +2.1% |
| 1988 | 318,826 million USD | -1.3% |
| 1989 | 296,487 million USD | -7.0% |
| 1990 | 275,723 million USD | -7.0% |
| 1991 | 310,938 million USD | +12.8% |
| 1992 | 333,277 million USD | +7.2% |
| 1993 | 356,330 million USD | +6.9% |
| 1994 | 383,161 million USD | +7.5% |
| 1995 | 395,540 million USD | +3.2% |
| 1996 | 400,246 million USD | +1.2% |
| 1997 | 442,074 million USD | +10.5% |
| 1998 | 448,680 million USD | +1.5% |
| 1999 | 392,425 million USD | -12.5% |
| 2000 | 400,216 million USD | +2.0% |
| 2001 | 402,804 million USD | +0.6% |
| 2002 | 374,473 million USD | -7.0% |
| 2003 | 362,091 million USD | -3.3% |
| 2004 | 418,887 million USD | +15.7% |
| 2005 | 466,322 million USD | +11.3% |
| 2006 | 524,695 million USD | +12.5% |
| 2007 | 609,791 million USD | +16.2% |
| 2008 | 670,732 million USD | +10.0% |
| 2009 | 627,627 million USD | -6.4% |
| 2010 | 710,475 million USD | +13.2% |
| 2011 | 776,361 million USD | +9.3% |
| 2012 | 814,718 million USD | +4.9% |
| 2013 | 839,641 million USD | +3.1% |
| 2014 | 799,825 million USD | -4.7% |
| 2015 | 726,024 million USD | -9.2% |
| 2016 | 636,803 million USD | -12.3% |
| 2017 | 625,537 million USD | -1.8% |
| 2018 | 631,181 million USD | +0.9% |
| 2019 | 625,707 million USD | -0.9% |
| 2020 | 568,723 million USD | -9.1% |
| 2021 | 668,486 million USD | +17.5% |
| 2022 | 697,501 million USD | +4.3% |
| 2023 | 676,484 million USD | -3.0% |
| 2024 | 682,399 million USD | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 287,424 million USD | 183,213 million USD | 376,119 million USD | 10 |
| 1980s | 315,094 million USD | 264,595 million USD | 385,228 million USD | 10 |
| 1990s | 373,839 million USD | 275,723 million USD | 448,680 million USD | 10 |
| 2000s | 485,764 million USD | 362,091 million USD | 670,732 million USD | 10 |
| 2010s | 718,627 million USD | 625,537 million USD | 839,641 million USD | 10 |
| 2020s | 658,719 million USD | 568,723 million USD | 697,501 million USD | 5 |
Countries ranked near South America
- 13 Russian Federation 387,507 million USD compare
- 14 Canada 375,620 million USD compare
- 15 Brazil 351,696 million USD compare
- 16 Mexico 320,400 million USD compare
- 17 Spain 275,397 million USD compare
- 18 Saudi Arabia 237,852 million USD compare
- 19 Switzerland 196,956 million USD compare
More economy & growth data for South America
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 110.42 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.51 % (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 17.32 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.12 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in South America?
- Gross fixed capital formation — value us$, 2015 prices in South America was 682,399 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in South America?
- The highest recorded value was 839,641 million USD in 2013.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in South America?
- The lowest recorded value was 183,213 million USD in 1970.
- How does South America rank for gross fixed capital formation — value us$, 2015 prices?
- South America ranks 16th out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in South America?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is rising.
- Where does this South America 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
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).