Gross Fixed Capital Formation — Value US$, annual growth rate in Europe
Europe: Gross Fixed Capital Formation — Value US$, annual growth rate was 1.68 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Europe, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, annual growth rate in Europe is 1.68 % change on previous year, measured in 2024.
That represents a change of down 78.4% on the previous year and down 1.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Europe peaked at 26.52 % change on previous year in 1973 and was at its lowest, -18.35 % change on previous year, in 2009.
That places Europe 24th out of 30 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.11 % change on previous year | — |
| 1972 | 13.95 % change on previous year | +38.0% |
| 1973 | 26.52 % change on previous year | +90.1% |
| 1974 | 7.31 % change on previous year | -72.4% |
| 1975 | 9.29 % change on previous year | +27.1% |
| 1976 | 2.75 % change on previous year | -70.4% |
| 1977 | 10.69 % change on previous year | +288.1% |
| 1978 | 5.26 % change on previous year | -50.8% |
| 1979 | 15.65 % change on previous year | +197.6% |
| 1980 | 11.21 % change on previous year | -28.4% |
| 1981 | -12.29 % change on previous year | -209.7% |
| 1982 | -1.02 % change on previous year | -91.7% |
| 1983 | -1.6 % change on previous year | +57.6% |
| 1984 | -5.4 % change on previous year | +236.7% |
| 1985 | 0.8831 % change on previous year | -116.4% |
| 1986 | 24.02 % change on previous year | +2619.9% |
| 1987 | 17.9 % change on previous year | -25.5% |
| 1988 | 12.15 % change on previous year | -32.1% |
| 1989 | -0.6163 % change on previous year | -105.1% |
| 1990 | 22.94 % change on previous year | -3822.5% |
| 1991 | -3.13 % change on previous year | -113.6% |
| 1992 | 3.67 % change on previous year | -217.3% |
| 1993 | -14.1 % change on previous year | -484.0% |
| 1994 | 5.2 % change on previous year | -136.9% |
| 1995 | 14.5 % change on previous year | +178.8% |
| 1996 | 1.38 % change on previous year | -90.5% |
| 1997 | -7.01 % change on previous year | -607.1% |
| 1998 | 3.92 % change on previous year | -156.0% |
| 1999 | 0.517 % change on previous year | -86.8% |
| 2000 | -4.82 % change on previous year | -1033.2% |
| 2001 | 0.4776 % change on previous year | -109.9% |
| 2002 | 6.41 % change on previous year | +1243.1% |
| 2003 | 20.86 % change on previous year | +225.2% |
| 2004 | 16.49 % change on previous year | -21.0% |
| 2005 | 7.42 % change on previous year | -55.0% |
| 2006 | 11.4 % change on previous year | +53.6% |
| 2007 | 20.22 % change on previous year | +77.3% |
| 2008 | 9.78 % change on previous year | -51.6% |
| 2009 | -18.35 % change on previous year | -287.7% |
| 2010 | -1.16 % change on previous year | -93.7% |
| 2011 | 10.77 % change on previous year | -1025.9% |
| 2012 | -5.84 % change on previous year | -154.3% |
| 2013 | 2.33 % change on previous year | -139.8% |
| 2014 | 1.71 % change on previous year | -26.6% |
| 2015 | -12.88 % change on previous year | -854.1% |
| 2016 | 1.61 % change on previous year | -112.5% |
| 2017 | 8.13 % change on previous year | +405.7% |
| 2018 | 8.46 % change on previous year | +4.0% |
| 2019 | 2.86 % change on previous year | -66.2% |
| 2020 | -3.14 % change on previous year | -209.6% |
| 2021 | 12.62 % change on previous year | -502.4% |
| 2022 | 0.0721 % change on previous year | -99.4% |
| 2023 | 7.77 % change on previous year | +10679.4% |
| 2024 | 1.68 % change on previous year | -78.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +10679.4% | 0.0721 % change on previous year | 7.77 % change on previous year |
| 1990 | +3822.5% | -0.6163 % change on previous year | 22.94 % change on previous year |
| 1986 | +2619.9% | 0.8831 % change on previous year | 24.02 % change on previous year |
| 2002 | +1243.1% | 0.4776 % change on previous year | 6.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.28 % change on previous year | 2.75 % change on previous year | 26.52 % change on previous year | 9 |
| 1980s | 4.52 % change on previous year | -12.29 % change on previous year | 24.02 % change on previous year | 10 |
| 1990s | 2.79 % change on previous year | -14.1 % change on previous year | 22.94 % change on previous year | 10 |
| 2000s | 6.99 % change on previous year | -18.35 % change on previous year | 20.86 % change on previous year | 10 |
| 2010s | 1.6 % change on previous year | -12.88 % change on previous year | 10.77 % change on previous year | 10 |
| 2020s | 3.8 % change on previous year | -3.14 % change on previous year | 12.62 % change on previous year | 5 |
Countries ranked near Europe
- 21 Pakistan 15.42 % change on previous year compare
- 22 Turkey 15.14 % change on previous year compare
- 22 Türkiye 15.14 % change on previous year compare
- 24 Cote d'Ivoire 14.99 % change on previous year compare
- 24 Côte d'Ivoire 14.99 % change on previous year compare
- 26 Colombia 14.29 % change on previous year compare
- 27 Mozambique 13.9 % change on previous year compare
More economy & growth data for Europe
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.4 % (2024)
- Gross Domestic Product — Value US$ 27.06 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 36,332 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,680 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.92 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.5895 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.68 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Europe?
- Gross fixed capital formation — value us$, annual growth rate in Europe was 1.68 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Europe?
- The highest recorded value was 26.52 % change on previous year in 1973.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Europe?
- The lowest recorded value was -18.35 % change on previous year in 2009.
- How does Europe rank for gross fixed capital formation — value us$, annual growth rate?
- Europe ranks 24th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Europe?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is volatile.
- Where does this Europe data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.