Gross Fixed Capital Formation — Value US$, annual growth rate in Southern Africa
Southern Africa: Gross Fixed Capital Formation — Value US$, annual growth rate was 2.74 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Southern Africa, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, annual growth rate in Southern Africa is 2.74 % change on previous year, measured in 2024.
That represents a change of up 93.1% on the previous year and up 155.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Southern Africa peaked at 56.64 % change on previous year in 2003 and was at its lowest, -27.17 % change on previous year, in 1985.
Southern Africa ranks 20th of 30 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Southern Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.76 % change on previous year | — |
| 1972 | 7.7 % change on previous year | -54.0% |
| 1973 | 29.6 % change on previous year | +284.4% |
| 1974 | 24.15 % change on previous year | -18.4% |
| 1975 | 20.75 % change on previous year | -14.1% |
| 1976 | -1.53 % change on previous year | -107.4% |
| 1977 | 3.56 % change on previous year | -332.1% |
| 1978 | 9.27 % change on previous year | +160.6% |
| 1979 | 23.38 % change on previous year | +152.2% |
| 1980 | 43.86 % change on previous year | +87.6% |
| 1981 | 8.56 % change on previous year | -80.5% |
| 1982 | -8.46 % change on previous year | -198.9% |
| 1983 | 4.85 % change on previous year | -157.3% |
| 1984 | -18.35 % change on previous year | -478.1% |
| 1985 | -27.17 % change on previous year | +48.1% |
| 1986 | -1.23 % change on previous year | -95.5% |
| 1987 | 19.65 % change on previous year | -1695.0% |
| 1988 | 18.01 % change on previous year | -8.4% |
| 1989 | 10.43 % change on previous year | -42.1% |
| 1990 | 11.85 % change on previous year | +13.7% |
| 1991 | -3.47 % change on previous year | -129.3% |
| 1992 | 3.05 % change on previous year | -187.9% |
| 1993 | -4.06 % change on previous year | -233.1% |
| 1994 | 5.56 % change on previous year | -237.0% |
| 1995 | 17.32 % change on previous year | +211.3% |
| 1996 | -4.41 % change on previous year | -125.5% |
| 1997 | 5.68 % change on previous year | -228.6% |
| 1998 | -6.77 % change on previous year | -219.4% |
| 1999 | -9.25 % change on previous year | +36.5% |
| 2000 | -3.43 % change on previous year | -62.9% |
| 2001 | -9.87 % change on previous year | +187.5% |
| 2002 | -7.11 % change on previous year | -28.0% |
| 2003 | 56.64 % change on previous year | -897.1% |
| 2004 | 32.81 % change on previous year | -42.1% |
| 2005 | 16.29 % change on previous year | -50.4% |
| 2006 | 14.65 % change on previous year | -10.1% |
| 2007 | 19.94 % change on previous year | +36.1% |
| 2008 | 7.79 % change on previous year | -60.9% |
| 2009 | -4.77 % change on previous year | -161.2% |
| 2010 | 14.4 % change on previous year | -401.9% |
| 2011 | 11.74 % change on previous year | -18.5% |
| 2012 | -3.54 % change on previous year | -130.2% |
| 2013 | -4.24 % change on previous year | +19.6% |
| 2014 | -4.95 % change on previous year | +16.8% |
| 2015 | -10.76 % change on previous year | +117.4% |
| 2016 | -10.22 % change on previous year | -5.1% |
| 2017 | 10.04 % change on previous year | -198.3% |
| 2018 | 3.87 % change on previous year | -61.4% |
| 2019 | -6 % change on previous year | -254.9% |
| 2020 | -21.94 % change on previous year | +265.6% |
| 2021 | 19.38 % change on previous year | -188.3% |
| 2022 | 3.54 % change on previous year | -81.7% |
| 2023 | 1.42 % change on previous year | -59.9% |
| 2024 | 2.74 % change on previous year | +93.1% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Southern Africa 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 |
|---|---|---|---|
| 1987 | +1695.0% | -1.23 % change on previous year | 19.65 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.85 % change on previous year | -1.53 % change on previous year | 29.6 % change on previous year | 9 |
| 1980s | 5.01 % change on previous year | -27.17 % change on previous year | 43.86 % change on previous year | 10 |
| 1990s | 1.55 % change on previous year | -9.25 % change on previous year | 17.32 % change on previous year | 10 |
| 2000s | 12.29 % change on previous year | -9.87 % change on previous year | 56.64 % change on previous year | 10 |
| 2010s | 0.0337 % change on previous year | -10.76 % change on previous year | 14.4 % change on previous year | 10 |
| 2020s | 1.03 % change on previous year | -21.94 % change on previous year | 19.38 % change on previous year | 5 |
Countries ranked near Southern Africa
- 17 Kenya 18.12 % change on previous year compare
- 18 Cameroon 16.41 % change on previous year compare
- 19 Somalia 15.73 % change on previous year compare
- 20 Croatia 15.52 % change on previous year compare
- 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
More economy & growth data for Southern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.01 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -0.7455 % (2024)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
- Gross Domestic Product — Value US$ per capita 5,975 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,489 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.5481 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -3.16 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Southern Africa?
- Gross fixed capital formation — value us$, annual growth rate in Southern Africa was 2.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Southern Africa?
- The highest recorded value was 56.64 % change on previous year in 2003.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Southern Africa?
- The lowest recorded value was -27.17 % change on previous year in 1985.
- How does Southern Africa rank for gross fixed capital formation — value us$, annual growth rate?
- Southern Africa ranks 20th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Southern Africa?
- Over the last ten years it is up 155.4%. The long-run trend across the full record is volatile.
- Where does this Southern Africa 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.