Gross Fixed Capital Formation — Value US$ (US Value) in Greece
Greece: Gross Fixed Capital Formation — Value US$ (US Value) was 39,471 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Greece, 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 Greece stood at 39,471 million USD.
The figure is up 6.4% on the previous year and up 50.0% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Greece peaked at 82,016 million USD in 2008 and was at its lowest, 3,758 million USD, in 1970.
That places Greece 63rd out of 235 countries with data for 2024, putting it 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$ (US Value) in Greece, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,758 million USD | — |
| 1971 | 4,360 million USD | +16.0% |
| 1972 | 5,802 million USD | +33.1% |
| 1973 | 7,753 million USD | +33.6% |
| 1974 | 6,752 million USD | -12.9% |
| 1975 | 7,572 million USD | +12.1% |
| 1976 | 8,454 million USD | +11.7% |
| 1977 | 11,162 million USD | +32.0% |
| 1978 | 15,204 million USD | +36.2% |
| 1979 | 19,988 million USD | +31.5% |
| 1980 | 18,054 million USD | -9.7% |
| 1981 | 15,166 million USD | -16.0% |
| 1982 | 14,320 million USD | -5.6% |
| 1983 | 13,889 million USD | -3.0% |
| 1984 | 10,915 million USD | -21.4% |
| 1985 | 11,675 million USD | +7.0% |
| 1986 | 14,312 million USD | +22.6% |
| 1987 | 15,763 million USD | +10.1% |
| 1988 | 18,248 million USD | +15.8% |
| 1989 | 19,834 million USD | +8.7% |
| 1990 | 25,136 million USD | +26.7% |
| 1991 | 26,361 million USD | +4.9% |
| 1992 | 27,508 million USD | +4.4% |
| 1993 | 24,500 million USD | -10.9% |
| 1994 | 24,162 million USD | -1.4% |
| 1995 | 28,418 million USD | +17.6% |
| 1996 | 31,599 million USD | +11.2% |
| 1997 | 30,043 million USD | -4.9% |
| 1998 | 34,312 million USD | +14.2% |
| 1999 | 36,494 million USD | +6.4% |
| 2000 | 33,030 million USD | -9.5% |
| 2001 | 33,994 million USD | +2.9% |
| 2002 | 35,968 million USD | +5.8% |
| 2003 | 49,142 million USD | +36.6% |
| 2004 | 59,016 million USD | +20.1% |
| 2005 | 51,929 million USD | -12.0% |
| 2006 | 64,913 million USD | +25.0% |
| 2007 | 80,953 million USD | +24.7% |
| 2008 | 82,016 million USD | +1.3% |
| 2009 | 66,976 million USD | -18.3% |
| 2010 | 50,228 million USD | -25.0% |
| 2011 | 39,352 million USD | -21.7% |
| 2012 | 29,330 million USD | -25.5% |
| 2013 | 27,277 million USD | -7.0% |
| 2014 | 26,309 million USD | -3.6% |
| 2015 | 21,740 million USD | -17.4% |
| 2016 | 21,956 million USD | +1.0% |
| 2017 | 24,149 million USD | +10.0% |
| 2018 | 24,224 million USD | +0.3% |
| 2019 | 22,801 million USD | -5.9% |
| 2020 | 23,558 million USD | +3.3% |
| 2021 | 30,159 million USD | +28.0% |
| 2022 | 32,754 million USD | +8.6% |
| 2023 | 37,108 million USD | +13.3% |
| 2024 | 39,471 million USD | +6.4% |
Greece compared with similar countries
- Greece's 39,471 million USD is above the median for high income countries, which is 20,129 million USD, 2.0× the median. (73 countries reporting)
- Greece's 39,471 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 1.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,080 million USD | 3,758 million USD | 19,988 million USD | 10 |
| 1980s | 15,218 million USD | 10,915 million USD | 19,834 million USD | 10 |
| 1990s | 28,853 million USD | 24,162 million USD | 36,494 million USD | 10 |
| 2000s | 55,794 million USD | 33,030 million USD | 82,016 million USD | 10 |
| 2010s | 28,737 million USD | 21,740 million USD | 50,228 million USD | 10 |
| 2020s | 32,610 million USD | 23,558 million USD | 39,471 million USD | 5 |
Countries ranked near Greece
- 60 Pakistan 41,914 million USD compare
- 61 Morocco 40,627 million USD compare
- 62 Uzbekistan 40,482 million USD compare
- 64 Dominican Republic 36,382 million USD compare
- 65 Kuwait 33,244 million USD compare
- 66 Turkmenistan 32,005 million USD compare
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 181.25 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 289.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 167.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 211.58 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Greece?
- Gross fixed capital formation — value us$ in Greece was 39,471 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 Greece?
- The highest recorded value was 82,016 million USD in 2008.
- What is the lowest gross fixed capital formation — value us$ recorded in Greece?
- The lowest recorded value was 3,758 million USD in 1970.
- How does Greece rank for gross fixed capital formation — value us$?
- Greece ranks 63rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Greece?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Greece 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.
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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).