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

Latest (2024)
1.45 million million USD
Change on year
up 5.4%
Rank
9th
of 29 groups
All-time high
1.45 million million USD
in 2024
All-time low
71,972 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia, 1970–2024

0500.0k1.0M1.5M197019972024

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

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia, 1970 to 2024.
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

DecadeAverage LowestHighest 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

  1. 6 France 590,992 million USD compare
  2. 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
  3. 8 Republic of Korea 571,534 million USD compare
  4. 9 Italy 471,911 million USD compare
  5. 10 Australia and New Zealand 453,936 million USD compare
  6. 11 Australia 399,804 million USD compare
  7. 12 Indonesia 390,633 million USD compare

See the full ranking of 251 places →

More economy & growth data for Southern Asia

All data for Southern Asia →

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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Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Asia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/southern-asia/

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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
251 places, 12,844 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).