Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia
Southern Asia: Gross Fixed Capital Formation — Value US$, 2015 prices was 1.45 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Southern Asia stood at 1.45 million million USD. That is the highest value across all 55 years on record.
The figure is up 5.4% on the previous year and up 66.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Southern Asia peaked at 1.45 million million USD in 2024 and was at its lowest, 71,972 million USD, in 1970.
Southern Asia ranks 9th of 29 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 71,972 million USD | — |
| 1971 | 79,456 million USD | +10.4% |
| 1972 | 85,160 million USD | +7.2% |
| 1973 | 90,042 million USD | +5.7% |
| 1974 | 102,751 million USD | +14.1% |
| 1975 | 120,114 million USD | +16.9% |
| 1976 | 156,717 million USD | +30.5% |
| 1977 | 149,577 million USD | -4.6% |
| 1978 | 148,645 million USD | -0.6% |
| 1979 | 126,552 million USD | -14.9% |
| 1980 | 131,066 million USD | +3.6% |
| 1981 | 125,111 million USD | -4.5% |
| 1982 | 132,661 million USD | +6.0% |
| 1983 | 157,655 million USD | +18.8% |
| 1984 | 151,481 million USD | -3.9% |
| 1985 | 145,574 million USD | -3.9% |
| 1986 | 151,901 million USD | +4.3% |
| 1987 | 156,169 million USD | +2.8% |
| 1988 | 145,646 million USD | -6.7% |
| 1989 | 156,135 million USD | +7.2% |
| 1990 | 173,084 million USD | +10.9% |
| 1991 | 187,195 million USD | +8.2% |
| 1992 | 196,971 million USD | +5.2% |
| 1993 | 189,449 million USD | -3.8% |
| 1994 | 189,790 million USD | +0.2% |
| 1995 | 202,207 million USD | +6.5% |
| 1996 | 222,320 million USD | +9.9% |
| 1997 | 239,624 million USD | +7.8% |
| 1998 | 258,008 million USD | +7.7% |
| 1999 | 294,257 million USD | +14.0% |
| 2000 | 300,001 million USD | +2.0% |
| 2001 | 356,382 million USD | +18.8% |
| 2002 | 362,178 million USD | +1.6% |
| 2003 | 387,267 million USD | +6.9% |
| 2004 | 431,796 million USD | +11.5% |
| 2005 | 485,240 million USD | +12.4% |
| 2006 | 537,785 million USD | +10.8% |
| 2007 | 616,312 million USD | +14.6% |
| 2008 | 657,104 million USD | +6.6% |
| 2009 | 707,686 million USD | +7.7% |
| 2010 | 776,606 million USD | +9.7% |
| 2011 | 853,251 million USD | +9.9% |
| 2012 | 849,904 million USD | -0.4% |
| 2013 | 830,261 million USD | -2.3% |
| 2014 | 867,326 million USD | +4.5% |
| 2015 | 900,161 million USD | +3.8% |
| 2016 | 959,902 million USD | +6.6% |
| 2017 | 1.04 million million USD | +8.1% |
| 2018 | 1.11 million million USD | +7.4% |
| 2019 | 1.11 million million USD | -0.4% |
| 2020 | 1.06 million million USD | -4.5% |
| 2021 | 1.22 million million USD | +14.8% |
| 2022 | 1.28 million million USD | +5.3% |
| 2023 | 1.37 million million USD | +7.1% |
| 2024 | 1.45 million million USD | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 113,099 million USD | 71,972 million USD | 156,717 million USD | 10 |
| 1980s | 145,340 million USD | 125,111 million USD | 157,655 million USD | 10 |
| 1990s | 215,290 million USD | 173,084 million USD | 294,257 million USD | 10 |
| 2000s | 484,175 million USD | 300,001 million USD | 707,686 million USD | 10 |
| 2010s | 930,052 million USD | 776,606 million USD | 1.11 million million USD | 10 |
| 2020s | 1.28 million million USD | 1.06 million million USD | 1.45 million million USD | 5 |
Countries ranked near Southern Asia
- 6 France 590,992 million USD compare
- 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
- 8 Republic of Korea 571,534 million USD compare
- 9 Italy 471,911 million USD compare
- 10 Australia and New Zealand 453,936 million USD compare
- 11 Australia 399,804 million USD compare
- 12 Indonesia 390,633 million USD compare
More economy & growth data for Southern Asia
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 5.58 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Domestic Product — Annual growth US$ 9.45 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Domestic Product — Value US$ 5.31 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.42 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.03 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.95 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Southern Asia?
- Gross fixed capital formation — value us$, 2015 prices in Southern Asia was 1.45 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Southern Asia?
- The highest recorded value was 1.45 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Southern Asia?
- The lowest recorded value was 71,972 million USD in 1970.
- How does Southern Asia rank for gross fixed capital formation — value us$, 2015 prices?
- Southern Asia ranks 9th out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Southern Asia?
- Over the last ten years it is up 66.8%. The long-run trend across the full record is volatile.
- Where does this Southern Asia 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).