Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Europe
Southern Europe: Gross Fixed Capital Formation — Value US$, 2015 prices was 890,910 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Southern Europe stood at 890,910 million USD.
The figure is up 1.8% on the previous year and up 45.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Southern Europe peaked at 923,938 million USD in 2007 and was at its lowest, 354,772 million USD, in 1970.
Southern Europe ranks 13th of 29 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Europe, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 354,772 million USD | — |
| 1971 | 361,694 million USD | +2.0% |
| 1972 | 389,983 million USD | +7.8% |
| 1973 | 420,560 million USD | +7.8% |
| 1974 | 422,844 million USD | +0.5% |
| 1975 | 407,114 million USD | -3.7% |
| 1976 | 413,257 million USD | +1.5% |
| 1977 | 429,697 million USD | +4.0% |
| 1978 | 442,385 million USD | +3.0% |
| 1979 | 456,435 million USD | +3.2% |
| 1980 | 467,029 million USD | +2.3% |
| 1981 | 455,476 million USD | -2.5% |
| 1982 | 445,590 million USD | -2.2% |
| 1983 | 436,472 million USD | -2.0% |
| 1984 | 430,643 million USD | -1.3% |
| 1985 | 441,344 million USD | +2.5% |
| 1986 | 461,725 million USD | +4.6% |
| 1987 | 486,866 million USD | +5.4% |
| 1988 | 524,999 million USD | +7.8% |
| 1989 | 554,294 million USD | +5.6% |
| 1990 | 577,471 million USD | +4.2% |
| 1991 | 583,424 million USD | +1.0% |
| 1992 | 569,335 million USD | -2.4% |
| 1993 | 514,497 million USD | -9.6% |
| 1994 | 520,293 million USD | +1.1% |
| 1995 | 559,027 million USD | +7.4% |
| 1996 | 578,428 million USD | +3.5% |
| 1997 | 604,017 million USD | +4.4% |
| 1998 | 648,363 million USD | +7.3% |
| 1999 | 690,418 million USD | +6.5% |
| 2000 | 737,466 million USD | +6.8% |
| 2001 | 759,927 million USD | +3.0% |
| 2002 | 782,939 million USD | +3.0% |
| 2003 | 800,809 million USD | +2.3% |
| 2004 | 826,017 million USD | +3.1% |
| 2005 | 847,025 million USD | +2.5% |
| 2006 | 891,149 million USD | +5.2% |
| 2007 | 923,938 million USD | +3.7% |
| 2008 | 894,845 million USD | -3.1% |
| 2009 | 777,045 million USD | -13.2% |
| 2010 | 748,116 million USD | -3.7% |
| 2011 | 708,582 million USD | -5.3% |
| 2012 | 643,636 million USD | -9.2% |
| 2013 | 608,045 million USD | -5.5% |
| 2014 | 610,479 million USD | +0.4% |
| 2015 | 632,191 million USD | +3.6% |
| 2016 | 652,012 million USD | +3.1% |
| 2017 | 685,935 million USD | +5.2% |
| 2018 | 717,254 million USD | +4.6% |
| 2019 | 741,226 million USD | +3.3% |
| 2020 | 688,611 million USD | -7.1% |
| 2021 | 779,361 million USD | +13.2% |
| 2022 | 826,233 million USD | +6.0% |
| 2023 | 874,958 million USD | +5.9% |
| 2024 | 890,910 million USD | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 409,874 million USD | 354,772 million USD | 456,435 million USD | 10 |
| 1980s | 470,444 million USD | 430,643 million USD | 554,294 million USD | 10 |
| 1990s | 584,527 million USD | 514,497 million USD | 690,418 million USD | 10 |
| 2000s | 824,116 million USD | 737,466 million USD | 923,938 million USD | 10 |
| 2010s | 674,748 million USD | 608,045 million USD | 748,116 million USD | 10 |
| 2020s | 812,015 million USD | 688,611 million USD | 890,910 million USD | 5 |
Countries ranked near Southern Europe
- 10 Australia and New Zealand 453,936 million USD compare
- 11 Australia 399,804 million USD compare
- 12 Indonesia 390,633 million USD compare
- 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
More economy & growth data for Southern Europe
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 117.6 USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.05 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.17 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Southern Europe?
- Gross fixed capital formation — value us$, 2015 prices in Southern Europe was 890,910 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Southern Europe?
- The highest recorded value was 923,938 million USD in 2007.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Southern Europe?
- The lowest recorded value was 354,772 million USD in 1970.
- How does Southern Europe rank for gross fixed capital formation — value us$, 2015 prices?
- Southern Europe ranks 13th out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Southern Europe?
- Over the last ten years it is up 45.9%. The long-run trend across the full record is rising.
- Where does this Southern Europe 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).