Gross Fixed Capital Formation — Value US$ (US Value) in Southern Africa
Southern Africa: Gross Fixed Capital Formation — Value US$ was 68,622 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Southern Africa, 1970–2024
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 Southern Africa is 68,622 million USD, measured in 2024.
Compared with earlier readings it is up 2.7% on the previous year and down 13.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Southern Africa peaked at 90,312 million USD in 2011 and was at its lowest, 4,914 million USD, in 1970.
That places Southern Africa 29th out of 30 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in Southern Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,914 million USD | — |
| 1971 | 5,737 million USD | +16.8% |
| 1972 | 6,179 million USD | +7.7% |
| 1973 | 8,008 million USD | +29.6% |
| 1974 | 9,941 million USD | +24.1% |
| 1975 | 12,004 million USD | +20.7% |
| 1976 | 11,820 million USD | -1.5% |
| 1977 | 12,240 million USD | +3.6% |
| 1978 | 13,375 million USD | +9.3% |
| 1979 | 16,501 million USD | +23.4% |
| 1980 | 23,739 million USD | +43.9% |
| 1981 | 25,771 million USD | +8.6% |
| 1982 | 23,590 million USD | -8.5% |
| 1983 | 24,735 million USD | +4.9% |
| 1984 | 20,197 million USD | -18.3% |
| 1985 | 14,709 million USD | -27.2% |
| 1986 | 14,528 million USD | -1.2% |
| 1987 | 17,382 million USD | +19.6% |
| 1988 | 20,513 million USD | +18.0% |
| 1989 | 22,651 million USD | +10.4% |
| 1990 | 25,336 million USD | +11.9% |
| 1991 | 24,456 million USD | -3.5% |
| 1992 | 25,202 million USD | +3.1% |
| 1993 | 24,178 million USD | -4.1% |
| 1994 | 25,523 million USD | +5.6% |
| 1995 | 29,943 million USD | +17.3% |
| 1996 | 28,622 million USD | -4.4% |
| 1997 | 30,246 million USD | +5.7% |
| 1998 | 28,197 million USD | -6.8% |
| 1999 | 25,589 million USD | -9.2% |
| 2000 | 24,711 million USD | -3.4% |
| 2001 | 22,273 million USD | -9.9% |
| 2002 | 20,690 million USD | -7.1% |
| 2003 | 32,409 million USD | +56.6% |
| 2004 | 43,042 million USD | +32.8% |
| 2005 | 50,052 million USD | +16.3% |
| 2006 | 57,383 million USD | +14.6% |
| 2007 | 68,826 million USD | +19.9% |
| 2008 | 74,190 million USD | +7.8% |
| 2009 | 70,651 million USD | -4.8% |
| 2010 | 80,826 million USD | +14.4% |
| 2011 | 90,312 million USD | +11.7% |
| 2012 | 87,112 million USD | -3.5% |
| 2013 | 83,420 million USD | -4.2% |
| 2014 | 79,290 million USD | -5.0% |
| 2015 | 70,755 million USD | -10.8% |
| 2016 | 63,526 million USD | -10.2% |
| 2017 | 69,904 million USD | +10.0% |
| 2018 | 72,612 million USD | +3.9% |
| 2019 | 68,254 million USD | -6.0% |
| 2020 | 53,280 million USD | -21.9% |
| 2021 | 63,604 million USD | +19.4% |
| 2022 | 65,856 million USD | +3.5% |
| 2023 | 66,791 million USD | +1.4% |
| 2024 | 68,622 million USD | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,072 million USD | 4,914 million USD | 16,501 million USD | 10 |
| 1980s | 20,782 million USD | 14,528 million USD | 25,771 million USD | 10 |
| 1990s | 26,729 million USD | 24,178 million USD | 30,246 million USD | 10 |
| 2000s | 46,423 million USD | 20,690 million USD | 74,190 million USD | 10 |
| 2010s | 76,601 million USD | 63,526 million USD | 90,312 million USD | 10 |
| 2020s | 63,630 million USD | 53,280 million USD | 68,622 million USD | 5 |
Countries ranked near Southern Africa
More economy & growth data for Southern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.01 million (2027)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -3.16 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 4.43 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 6.1 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 0.548 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.74 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Southern Africa?
- Gross fixed capital formation — value us$ in Southern Africa was 68,622 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 Southern Africa?
- The highest recorded value was 90,312 million USD in 2011.
- What is the lowest gross fixed capital formation — value us$ recorded in Southern Africa?
- The lowest recorded value was 4,914 million USD in 1970.
- How does Southern Africa rank for gross fixed capital formation — value us$?
- Southern Africa ranks 29th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Southern Africa?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is volatile.
- Where does this Southern Africa 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).