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

Latest (2024)
890,910 million USD
Change on year
up 1.8%
Rank
13th
of 29 groups
All-time high
923,938 million USD
in 2007
All-time low
354,772 million USD
in 1970
Years of data
55
1970–2024

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

0200.0k400.0k600.0k800.0k1.0M197019972024

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

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

DecadeAverage LowestHighest 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

  1. 10 Australia and New Zealand 453,936 million USD compare
  2. 11 Australia 399,804 million USD compare
  3. 12 Indonesia 390,633 million USD compare
  4. 13 Russian Federation 387,507 million USD compare
  5. 14 Canada 375,620 million USD compare
  6. 15 Brazil 351,696 million USD compare
  7. 16 Mexico 320,400 million USD compare

See the full ranking of 251 places →

More economy & growth data for Southern Europe

All data for Southern Europe →

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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Gross Fixed Capital Formation — Value US$, 2015 prices in Southern Europe. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/southern-europe/

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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).