Gross Fixed Capital Formation — Value US$, 2015 prices in United Republic of Tanzania

United Republic of Tanzania: Gross Fixed Capital Formation — Value US$, 2015 prices was 36,358 million USD in 2024. ◆ Volatile

Latest (2024)
36,358 million USD
Change on year
up 5.3%
World rank
9th
of 19 countries
All-time high
36,358 million USD
in 2024
All-time low
910.97 million USD
in 1985
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in United Republic of Tanzania, 1970–2024

010.0k20.0k30.0k40.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices in United Republic of Tanzania is 36,358 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 5.3% on the previous year and up 144.3% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in United Republic of Tanzania peaked at 36,358 million USD in 2024 and was at its lowest, 910.97 million USD, in 1985.

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 United Republic of Tanzania, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in United Republic of Tanzania, 1970 to 2024.
Year million USD Change
1970 2,032 million USD
1971 2,499 million USD +23.0%
1972 2,335 million USD -6.6%
1973 2,257 million USD -3.4%
1974 2,210 million USD -2.1%
1975 2,299 million USD +4.0%
1976 2,500 million USD +8.7%
1977 2,742 million USD +9.7%
1978 2,740 million USD -0.1%
1979 2,943 million USD +7.4%
1980 2,622 million USD -10.9%
1981 1,937 million USD -26.1%
1982 1,673 million USD -13.7%
1983 1,233 million USD -26.3%
1984 984.58 million USD -20.1%
1985 910.97 million USD -7.5%
1986 1,092 million USD +19.8%
1987 1,632 million USD +49.5%
1988 1,641 million USD +0.6%
1989 1,876 million USD +14.3%
1990 3,048 million USD +62.5%
1991 3,360 million USD +10.3%
1992 3,316 million USD -1.3%
1993 2,953 million USD -11.0%
1994 2,987 million USD +1.1%
1995 2,540 million USD -15.0%
1996 2,473 million USD -2.6%
1997 2,478 million USD +0.2%
1998 2,823 million USD +13.9%
1999 2,988 million USD +5.8%
2000 3,158 million USD +5.7%
2001 3,538 million USD +12.0%
2002 3,818 million USD +7.9%
2003 4,357 million USD +14.1%
2004 4,829 million USD +10.8%
2005 5,728 million USD +18.6%
2006 6,704 million USD +17.0%
2007 7,840 million USD +16.9%
2008 8,821 million USD +12.5%
2009 8,727 million USD -1.1%
2010 9,708 million USD +11.2%
2011 11,820 million USD +21.8%
2012 11,915 million USD +0.8%
2013 13,897 million USD +16.6%
2014 14,883 million USD +7.1%
2015 15,930 million USD +7.0%
2016 18,378 million USD +15.4%
2017 20,961 million USD +14.1%
2018 24,382 million USD +16.3%
2019 27,799 million USD +14.0%
2020 29,542 million USD +6.3%
2021 30,852 million USD +4.4%
2022 32,996 million USD +7.0%
2023 34,534 million USD +4.7%
2024 36,358 million USD +5.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2,456 million USD 2,032 million USD 2,943 million USD 10
1980s 1,560 million USD 910.97 million USD 2,622 million USD 10
1990s 2,897 million USD 2,473 million USD 3,360 million USD 10
2000s 5,752 million USD 3,158 million USD 8,821 million USD 10
2010s 16,967 million USD 9,708 million USD 27,799 million USD 10
2020s 32,857 million USD 29,542 million USD 36,358 million USD 5

Countries ranked near United Republic of Tanzania

  1. 6 France 590,992 million USD compare
  2. 7 Iran (Islamic Republic of) 97,864 million USD compare
  3. 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
  4. 8 Democratic Republic of the Congo 70,625 million USD compare
  5. 8 Republic of Korea 571,534 million USD compare
  6. 9 Italy 471,911 million USD compare
  7. 10 Bolivia (Plurinational State of) 7,754 million USD compare
  8. 10 Australia and New Zealand 453,936 million USD compare
  9. 11 Australia 399,804 million USD compare
  10. 11 Syrian Arab Republic 7,348 million USD compare
  11. 12 Indonesia 390,633 million USD compare
  12. 12 Melanesia 6,546 million USD compare

See the full ranking of 251 places →

More economy & growth data for United Republic of Tanzania

All data for United Republic of Tanzania →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in United Republic of Tanzania?
Gross fixed capital formation — value us$, 2015 prices in United Republic of Tanzania was 36,358 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in United Republic of Tanzania?
The highest recorded value was 36,358 million USD in 2024.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in United Republic of Tanzania?
The lowest recorded value was 910.97 million USD in 1985.
How does United Republic of Tanzania rank for gross fixed capital formation — value us$, 2015 prices?
United Republic of Tanzania ranks 9th out of 19 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in United Republic of Tanzania?
Over the last ten years it is up 144.3%. The long-run trend across the full record is volatile.
Where does this United Republic of Tanzania 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 United Republic of Tanzania. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/united-republic-of-tanzania/

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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).