Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Africa
Southern Africa: Gross Fixed Capital Formation — Value US$, 2015 prices was 61,673 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Southern Africa recorded 61,673 million USD for gross fixed capital formation — value us$, 2015 prices in 2024.
Compared with earlier readings it is down 3.2% on the previous year and down 11.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Southern Africa peaked at 70,755 million USD in 2015 and was at its lowest, 17,286 million USD, in 1970.
That places Southern Africa 27th out of 29 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 17,286 million USD | — |
| 1971 | 19,216 million USD | +11.2% |
| 1972 | 20,384 million USD | +6.1% |
| 1973 | 21,509 million USD | +5.5% |
| 1974 | 22,841 million USD | +6.2% |
| 1975 | 24,998 million USD | +9.4% |
| 1976 | 24,725 million USD | -1.1% |
| 1977 | 23,421 million USD | -5.3% |
| 1978 | 22,972 million USD | -1.9% |
| 1979 | 24,082 million USD | +4.8% |
| 1980 | 27,985 million USD | +16.2% |
| 1981 | 30,432 million USD | +8.7% |
| 1982 | 29,763 million USD | -2.2% |
| 1983 | 28,735 million USD | -3.5% |
| 1984 | 28,231 million USD | -1.8% |
| 1985 | 26,325 million USD | -6.8% |
| 1986 | 21,599 million USD | -18.0% |
| 1987 | 20,905 million USD | -3.2% |
| 1988 | 23,611 million USD | +12.9% |
| 1989 | 25,567 million USD | +8.3% |
| 1990 | 25,232 million USD | -1.3% |
| 1991 | 23,529 million USD | -6.7% |
| 1992 | 23,213 million USD | -1.3% |
| 1993 | 23,565 million USD | +1.5% |
| 1994 | 25,323 million USD | +7.5% |
| 1995 | 27,859 million USD | +10.0% |
| 1996 | 30,141 million USD | +8.2% |
| 1997 | 31,814 million USD | +5.5% |
| 1998 | 33,478 million USD | +5.2% |
| 1999 | 31,102 million USD | -7.1% |
| 2000 | 32,013 million USD | +2.9% |
| 2001 | 33,191 million USD | +3.7% |
| 2002 | 34,062 million USD | +2.6% |
| 2003 | 37,087 million USD | +8.9% |
| 2004 | 41,587 million USD | +12.1% |
| 2005 | 45,628 million USD | +9.7% |
| 2006 | 51,144 million USD | +12.1% |
| 2007 | 58,388 million USD | +14.2% |
| 2008 | 65,881 million USD | +12.8% |
| 2009 | 62,211 million USD | -5.6% |
| 2010 | 60,151 million USD | -3.3% |
| 2011 | 64,546 million USD | +7.3% |
| 2012 | 66,559 million USD | +3.1% |
| 2013 | 69,950 million USD | +5.1% |
| 2014 | 69,920 million USD | -0.0% |
| 2015 | 70,755 million USD | +1.2% |
| 2016 | 68,834 million USD | -2.7% |
| 2017 | 67,046 million USD | -2.6% |
| 2018 | 66,727 million USD | -0.5% |
| 2019 | 65,917 million USD | -1.2% |
| 2020 | 56,552 million USD | -14.2% |
| 2021 | 57,304 million USD | +1.3% |
| 2022 | 59,863 million USD | +4.5% |
| 2023 | 63,687 million USD | +6.4% |
| 2024 | 61,673 million USD | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22,143 million USD | 17,286 million USD | 24,998 million USD | 10 |
| 1980s | 26,315 million USD | 20,905 million USD | 30,432 million USD | 10 |
| 1990s | 27,526 million USD | 23,213 million USD | 33,478 million USD | 10 |
| 2000s | 46,119 million USD | 32,013 million USD | 65,881 million USD | 10 |
| 2010s | 67,040 million USD | 60,151 million USD | 70,755 million USD | 10 |
| 2020s | 59,816 million USD | 56,552 million USD | 63,687 million USD | 5 |
Countries ranked near Southern Africa
More economy & growth data for Southern Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 111.27 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -0.7455 % (2024)
- Gross Fixed Capital Formation — Value US$ 68,622 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.7 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.5481 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,489 USD (2024)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Southern Africa?
- Gross fixed capital formation — value us$, 2015 prices in Southern Africa was 61,673 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Southern Africa?
- The highest recorded value was 70,755 million USD in 2015.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Southern Africa?
- The lowest recorded value was 17,286 million USD in 1970.
- How does Southern Africa rank for gross fixed capital formation — value us$, 2015 prices?
- Southern Africa ranks 27th out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Southern Africa?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is rising.
- Where does this Southern 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).