Gross Fixed Capital Formation — Value US$ in Italy
Italy: Gross Fixed Capital Formation — Value US$ was 523,201 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Italy, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Italy recorded 523,201 million USD for gross fixed capital formation — value us$ in 2024.
That represents a change of up 0.4% on the previous year and up 42.1% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Italy peaked at 523,406 million USD in 2008 and was at its lowest, 29,546 million USD, in 1970.
That places Italy 11th out of 235 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in Italy, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 29,546 million USD | — |
| 1971 | 31,887 million USD | +7.9% |
| 1972 | 36,328 million USD | +13.9% |
| 1973 | 46,686 million USD | +28.5% |
| 1974 | 55,828 million USD | +19.6% |
| 1975 | 61,111 million USD | +9.5% |
| 1976 | 57,669 million USD | -5.6% |
| 1977 | 65,800 million USD | +14.1% |
| 1978 | 78,466 million USD | +19.2% |
| 1979 | 98,346 million USD | +25.3% |
| 1980 | 126,316 million USD | +28.4% |
| 1981 | 114,478 million USD | -9.4% |
| 1982 | 106,971 million USD | -6.6% |
| 1983 | 104,772 million USD | -2.1% |
| 1984 | 102,826 million USD | -1.9% |
| 1985 | 104,261 million USD | +1.4% |
| 1986 | 142,534 million USD | +36.7% |
| 1987 | 179,367 million USD | +25.8% |
| 1988 | 202,141 million USD | +12.7% |
| 1989 | 211,083 million USD | +4.4% |
| 1990 | 271,600 million USD | +28.7% |
| 1991 | 281,253 million USD | +3.6% |
| 1992 | 290,295 million USD | +3.2% |
| 1993 | 209,716 million USD | -27.8% |
| 1994 | 213,357 million USD | +1.7% |
| 1995 | 234,536 million USD | +9.9% |
| 1996 | 259,349 million USD | +10.6% |
| 1997 | 245,247 million USD | -5.4% |
| 1998 | 254,953 million USD | +4.0% |
| 1999 | 256,551 million USD | +0.6% |
| 2000 | 245,093 million USD | -4.5% |
| 2001 | 249,453 million USD | +1.8% |
| 2002 | 280,768 million USD | +12.6% |
| 2003 | 338,376 million USD | +20.5% |
| 2004 | 389,018 million USD | +15.0% |
| 2005 | 405,971 million USD | +4.4% |
| 2006 | 431,413 million USD | +6.3% |
| 2007 | 491,031 million USD | +13.8% |
| 2008 | 523,406 million USD | +6.6% |
| 2009 | 450,506 million USD | -13.9% |
| 2010 | 436,332 million USD | -3.1% |
| 2011 | 461,693 million USD | +5.8% |
| 2012 | 390,342 million USD | -15.5% |
| 2013 | 374,583 million USD | -4.0% |
| 2014 | 368,067 million USD | -1.7% |
| 2015 | 317,072 million USD | -13.9% |
| 2016 | 328,537 million USD | +3.6% |
| 2017 | 348,600 million USD | +6.1% |
| 2018 | 380,023 million USD | +9.0% |
| 2019 | 368,773 million USD | -3.0% |
| 2020 | 349,674 million USD | -5.2% |
| 2021 | 455,709 million USD | +30.3% |
| 2022 | 462,288 million USD | +1.4% |
| 2023 | 520,974 million USD | +12.7% |
| 2024 | 523,201 million USD | +0.4% |
Italy compared with similar countries
- Italy's 523,201 million USD is above the median for high income countries, which is 20,129 million USD, 26.0× the median. (73 countries reporting)
- Italy's 523,201 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 20.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56,167 million USD | 29,546 million USD | 98,346 million USD | 10 |
| 1980s | 139,475 million USD | 102,826 million USD | 211,083 million USD | 10 |
| 1990s | 251,686 million USD | 209,716 million USD | 290,295 million USD | 10 |
| 2000s | 380,504 million USD | 245,093 million USD | 523,406 million USD | 10 |
| 2010s | 377,402 million USD | 317,072 million USD | 461,693 million USD | 10 |
| 2020s | 462,369 million USD | 349,674 million USD | 523,201 million USD | 5 |
Countries ranked near Italy
- 9 Republic of Korea 599,124 million USD compare
- 10 Australia and New Zealand 529,563 million USD compare
- 12 Canada 500,302 million USD compare
- 13 Russian Federation 471,135 million USD compare
- 13 Russia 471,135 million USD compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Italy?
- Gross fixed capital formation — value us$ in Italy was 523,201 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 Italy?
- The highest recorded value was 523,406 million USD in 2008.
- What is the lowest gross fixed capital formation — value us$ recorded in Italy?
- The lowest recorded value was 29,546 million USD in 1970.
- How does Italy rank for gross fixed capital formation — value us$?
- Italy ranks 11th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Italy?
- Over the last ten years it is up 42.1%. The long-run trend across the full record is volatile.
- Where does this Italy 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).