Gross Fixed Capital Formation — Value US$ (US Value) in South America
South America: Gross Fixed Capital Formation — Value US$ was 753,486 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in South America, 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 South America stood at 753,486 million USD.
That represents a change of down 0.3% on the previous year and down 17.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in South America peaked at 956,845 million USD in 2013 and was at its lowest, 24,535 million USD, in 1970.
South America ranks 17th 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$ in South America, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 24,535 million USD | — |
| 1971 | 28,331 million USD | +15.5% |
| 1972 | 31,277 million USD | +10.4% |
| 1973 | 38,929 million USD | +24.5% |
| 1974 | 49,862 million USD | +28.1% |
| 1975 | 62,424 million USD | +25.2% |
| 1976 | 73,083 million USD | +17.1% |
| 1977 | 87,449 million USD | +19.7% |
| 1978 | 99,579 million USD | +13.9% |
| 1979 | 108,436 million USD | +8.9% |
| 1980 | 121,036 million USD | +11.6% |
| 1981 | 130,281 million USD | +7.6% |
| 1982 | 128,533 million USD | -1.3% |
| 1983 | 97,628 million USD | -24.0% |
| 1984 | 85,061 million USD | -12.9% |
| 1985 | 83,827 million USD | -1.5% |
| 1986 | 102,816 million USD | +22.7% |
| 1987 | 118,899 million USD | +15.6% |
| 1988 | 137,727 million USD | +15.8% |
| 1989 | 149,397 million USD | +8.5% |
| 1990 | 152,224 million USD | +1.9% |
| 1991 | 138,614 million USD | -8.9% |
| 1992 | 158,170 million USD | +14.1% |
| 1993 | 183,956 million USD | +16.3% |
| 1994 | 239,580 million USD | +30.2% |
| 1995 | 287,693 million USD | +20.1% |
| 1996 | 293,032 million USD | +1.9% |
| 1997 | 323,299 million USD | +10.3% |
| 1998 | 315,006 million USD | -2.6% |
| 1999 | 225,816 million USD | -28.3% |
| 2000 | 238,404 million USD | +5.6% |
| 2001 | 218,423 million USD | -8.4% |
| 2002 | 174,579 million USD | -20.1% |
| 2003 | 178,043 million USD | +2.0% |
| 2004 | 230,337 million USD | +29.4% |
| 2005 | 302,798 million USD | +31.5% |
| 2006 | 376,432 million USD | +24.3% |
| 2007 | 493,419 million USD | +31.1% |
| 2008 | 624,464 million USD | +26.6% |
| 2009 | 595,797 million USD | -4.6% |
| 2010 | 778,628 million USD | +30.7% |
| 2011 | 902,570 million USD | +15.9% |
| 2012 | 923,911 million USD | +2.4% |
| 2013 | 956,845 million USD | +3.6% |
| 2014 | 913,781 million USD | -4.5% |
| 2015 | 726,024 million USD | -20.5% |
| 2016 | 607,399 million USD | -16.3% |
| 2017 | 662,582 million USD | +9.1% |
| 2018 | 630,378 million USD | -4.9% |
| 2019 | 611,556 million USD | -3.0% |
| 2020 | 508,225 million USD | -16.9% |
| 2021 | 640,919 million USD | +26.1% |
| 2022 | 732,399 million USD | +14.3% |
| 2023 | 755,773 million USD | +3.2% |
| 2024 | 753,486 million USD | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 60,391 million USD | 24,535 million USD | 108,436 million USD | 10 |
| 1980s | 115,520 million USD | 83,827 million USD | 149,397 million USD | 10 |
| 1990s | 231,739 million USD | 138,614 million USD | 323,299 million USD | 10 |
| 2000s | 343,270 million USD | 174,579 million USD | 624,464 million USD | 10 |
| 2010s | 771,367 million USD | 607,399 million USD | 956,845 million USD | 10 |
| 2020s | 678,160 million USD | 508,225 million USD | 755,773 million USD | 5 |
Countries ranked near South America
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.8744 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 0.3155 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.17 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.44 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.12 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -0.3026 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in South America?
- Gross fixed capital formation — value us$ in South America was 753,486 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 South America?
- The highest recorded value was 956,845 million USD in 2013.
- What is the lowest gross fixed capital formation — value us$ recorded in South America?
- The lowest recorded value was 24,535 million USD in 1970.
- How does South America rank for gross fixed capital formation — value us$?
- South America ranks 17th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in South America?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is volatile.
- Where does this South America 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).