Gross Fixed Capital Formation — Value US$ (US Value) in Net Food Importing Developing Countries (NFIDCs)

Net Food Importing Developing Countries (NFIDCs): Gross Fixed Capital Formation — Value US$ was 757,743 million USD in 2024. ◆ Volatile

Latest (2024)
757,743 million USD
Change on year
up 2.5%
Rank
16th
of 30 groups
All-time high
757,743 million USD
in 2024
All-time low
20,538 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Net Food Importing Developing Countries (NFIDCs), 1970–2024

0200.0k400.0k600.0k800.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation — value us$ in Net Food Importing Developing Countries (NFIDCs) is 757,743 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 2.5% on the previous year and up 19.5% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Net Food Importing Developing Countries (NFIDCs) peaked at 757,743 million USD in 2024 and was at its lowest, 20,538 million USD, in 1970.

That places Net Food Importing Developing Countries (NFIDCs) 16th out of 30 groups 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$ in Net Food Importing Developing Countries (NFIDCs), year by year

Annual values for Gross Fixed Capital Formation — Value US$ in Net Food Importing Developing Countries (NFIDCs), 1970 to 2024.
Year million USD Change
1970 20,538 million USD —
1971 23,433 million USD +14.1%
1972 25,387 million USD +8.3%
1973 29,713 million USD +17.0%
1974 37,174 million USD +25.1%
1975 47,463 million USD +27.7%
1976 57,025 million USD +20.1%
1977 71,230 million USD +24.9%
1978 80,750 million USD +13.4%
1979 83,752 million USD +3.7%
1980 93,917 million USD +12.1%
1981 97,483 million USD +3.8%
1982 97,956 million USD +0.5%
1983 84,735 million USD -13.5%
1984 74,554 million USD -12.0%
1985 74,301 million USD -0.3%
1986 82,057 million USD +10.4%
1987 86,758 million USD +5.7%
1988 98,226 million USD +13.2%
1989 91,389 million USD -7.0%
1990 98,385 million USD +7.7%
1991 95,966 million USD -2.5%
1992 102,782 million USD +7.1%
1993 105,043 million USD +2.2%
1994 110,035 million USD +4.8%
1995 125,046 million USD +13.6%
1996 131,412 million USD +5.1%
1997 141,651 million USD +7.8%
1998 154,822 million USD +9.3%
1999 150,387 million USD -2.9%
2000 152,575 million USD +1.5%
2001 154,948 million USD +1.6%
2002 156,107 million USD +0.7%
2003 159,375 million USD +2.1%
2004 189,126 million USD +18.7%
2005 231,176 million USD +22.2%
2006 280,836 million USD +21.5%
2007 350,407 million USD +24.8%
2008 429,559 million USD +22.6%
2009 435,227 million USD +1.3%
2010 469,991 million USD +8.0%
2011 507,230 million USD +7.9%
2012 565,216 million USD +11.4%
2013 596,849 million USD +5.6%
2014 634,300 million USD +6.3%
2015 634,259 million USD -0.0%
2016 600,381 million USD -5.3%
2017 643,997 million USD +7.3%
2018 663,677 million USD +3.1%
2019 692,383 million USD +4.3%
2020 645,574 million USD -6.8%
2021 726,579 million USD +12.5%
2022 747,347 million USD +2.9%
2023 739,379 million USD -1.1%
2024 757,743 million USD +2.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 47,647 million USD 20,538 million USD 83,752 million USD 10
1980s 88,138 million USD 74,301 million USD 98,226 million USD 10
1990s 121,553 million USD 95,966 million USD 154,822 million USD 10
2000s 253,934 million USD 152,575 million USD 435,227 million USD 10
2010s 600,828 million USD 469,991 million USD 692,383 million USD 10
2020s 723,324 million USD 645,574 million USD 757,743 million USD 5

Countries ranked near Net Food Importing Developing Countries (NFIDCs)

  1. 13 Russian Federation 471,135 million USD compare
  2. 13 Russia 471,135 million USD compare
  3. 15 Australia 464,153 million USD compare
  4. 16 Mexico 447,709 million USD compare
  5. 17 Türkiye 410,189 million USD compare
  6. 17 Turkey 410,189 million USD compare
  7. 19 Indonesia 409,434 million USD compare

See the full ranking of 265 places →

More economy & growth data for Net Food Importing Developing Countries (NFIDCs)

All data for Net Food Importing Developing Countries (NFIDCs) →

Frequently asked questions

What is gross fixed capital formation — value us$ in Net Food Importing Developing Countries (NFIDCs)?
Gross fixed capital formation — value us$ in Net Food Importing Developing Countries (NFIDCs) was 757,743 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 Net Food Importing Developing Countries (NFIDCs)?
The highest recorded value was 757,743 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Net Food Importing Developing Countries (NFIDCs)?
The lowest recorded value was 20,538 million USD in 1970.
How does Net Food Importing Developing Countries (NFIDCs) rank for gross fixed capital formation — value us$?
Net Food Importing Developing Countries (NFIDCs) ranks 16th out of 30 groups with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Net Food Importing Developing Countries (NFIDCs)?
Over the last ten years it is up 19.5%. The long-run trend across the full record is volatile.
Where does this Net Food Importing Developing Countries (NFIDCs) 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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Gross Fixed Capital Formation — Value US$ in Net Food Importing Developing Countries (NFIDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/net-food-importing-developing-countries-nfidcs/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

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).