Gross Fixed Capital Formation — Value US$ in Europe
Europe: Gross Fixed Capital Formation — Value US$ was 5.68 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in 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$ in Europe stood at 5.68 million million USD. That is the highest value across all 55 years on record.
That represents a change of up 1.7% on the previous year and up 27.7% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Europe peaked at 5.68 million million USD in 2024 and was at its lowest, 467,837 million USD, in 1970.
That places Europe 7th out of 32 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 811,470 million USD | 467,837 million USD | 1.21 million million USD | 10 |
| 1980s | 1.35 million million USD | 1.08 million million USD | 1.79 million million USD | 10 |
| 1990s | 2.16 million million USD | 1.89 million million USD | 2.31 million million USD | 10 |
| 2000s | 3.37 million million USD | 2.13 million million USD | 5.07 million million USD | 10 |
| 2010s | 4.31 million million USD | 3.87 million million USD | 4.74 million million USD | 10 |
| 2020s | 5.24 million million USD | 4.60 million million USD | 5.68 million million USD | 5 |
Countries ranked near Europe
- 4 Germany 983,899 million USD compare
- 5 France 707,095 million USD compare
- 6 United Kingdom of Great Britain and Northern Ireland 613,148 million USD compare
- 7 Republic of Korea 599,124 million USD compare
- 8 Australia and New Zealand 529,563 million USD compare
- 9 Italy 523,201 million USD compare
- 10 Canada 500,302 million USD compare
More economy & growth data for Europe
- 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)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.04 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.98 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 4.65 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.4 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 122.03 USD (2024)
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Europe?
- Gross fixed capital formation — value us$ in Europe was 5.68 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Europe?
- The highest recorded value was 5.68 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Europe?
- The lowest recorded value was 467,837 million USD in 1970.
- How does Europe rank for gross fixed capital formation — value us$?
- Europe ranks 7th out of 32 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Europe?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is volatile.
- Where does this 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).