Gross Fixed Capital Formation — Value US$ (US Value) in Southern Asia
Southern Asia: Gross Fixed Capital Formation — Value US$ was 1.55 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Southern Asia, 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 Southern Asia stood at 1.55 million million USD. That is the highest value across all 55 years on record.
The figure is up 6.0% on the previous year and up 69.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Southern Asia peaked at 1.55 million million USD in 2024 and was at its lowest, 16,489 million USD, in 1970.
Southern Asia ranks 10th 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 Southern Asia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 16,489 million USD | — |
| 1971 | 18,557 million USD | +12.5% |
| 1972 | 20,528 million USD | +10.6% |
| 1973 | 25,043 million USD | +22.0% |
| 1974 | 32,167 million USD | +28.4% |
| 1975 | 43,850 million USD | +36.3% |
| 1976 | 57,991 million USD | +32.2% |
| 1977 | 67,990 million USD | +17.2% |
| 1978 | 70,709 million USD | +4.0% |
| 1979 | 67,196 million USD | -5.0% |
| 1980 | 82,934 million USD | +23.4% |
| 1981 | 86,218 million USD | +4.0% |
| 1982 | 93,798 million USD | +8.8% |
| 1983 | 118,998 million USD | +26.9% |
| 1984 | 123,323 million USD | +3.6% |
| 1985 | 87,376 million USD | -29.1% |
| 1986 | 92,472 million USD | +5.8% |
| 1987 | 105,248 million USD | +13.8% |
| 1988 | 110,192 million USD | +4.7% |
| 1989 | 111,766 million USD | +1.4% |
| 1990 | 129,043 million USD | +15.5% |
| 1991 | 125,179 million USD | -3.0% |
| 1992 | 130,156 million USD | +4.0% |
| 1993 | 122,289 million USD | -6.0% |
| 1994 | 128,426 million USD | +5.0% |
| 1995 | 146,648 million USD | +14.2% |
| 1996 | 162,307 million USD | +10.7% |
| 1997 | 173,003 million USD | +6.6% |
| 1998 | 173,959 million USD | +0.6% |
| 1999 | 196,087 million USD | +12.7% |
| 2000 | 192,450 million USD | -1.9% |
| 2001 | 222,072 million USD | +15.4% |
| 2002 | 227,748 million USD | +2.6% |
| 2003 | 259,702 million USD | +14.0% |
| 2004 | 324,555 million USD | +25.0% |
| 2005 | 390,835 million USD | +20.4% |
| 2006 | 459,583 million USD | +17.6% |
| 2007 | 608,136 million USD | +32.3% |
| 2008 | 672,540 million USD | +10.6% |
| 2009 | 689,604 million USD | +2.5% |
| 2010 | 828,353 million USD | +20.1% |
| 2011 | 981,215 million USD | +18.5% |
| 2012 | 973,804 million USD | -0.8% |
| 2013 | 903,764 million USD | -7.2% |
| 2014 | 914,389 million USD | +1.2% |
| 2015 | 900,161 million USD | -1.6% |
| 2016 | 938,230 million USD | +4.2% |
| 2017 | 1.07 million million USD | +14.3% |
| 2018 | 1.12 million million USD | +4.1% |
| 2019 | 1.11 million million USD | -0.6% |
| 2020 | 1.06 million million USD | -4.9% |
| 2021 | 1.30 million million USD | +23.6% |
| 2022 | 1.41 million million USD | +8.4% |
| 2023 | 1.46 million million USD | +3.3% |
| 2024 | 1.55 million million USD | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42,052 million USD | 16,489 million USD | 70,709 million USD | 10 |
| 1980s | 101,233 million USD | 82,934 million USD | 123,323 million USD | 10 |
| 1990s | 148,710 million USD | 122,289 million USD | 196,087 million USD | 10 |
| 2000s | 404,722 million USD | 192,450 million USD | 689,604 million USD | 10 |
| 2010s | 973,820 million USD | 828,353 million USD | 1.12 million million USD | 10 |
| 2020s | 1.36 million million USD | 1.06 million million USD | 1.55 million million USD | 5 |
Countries ranked near Southern Asia
- 7 United Kingdom of Great Britain and Northern Ireland 613,148 million USD compare
- 7 United Kingdom 613,148 million USD compare
- 9 Republic of Korea 599,124 million USD compare
- 10 Australia and New Zealand 529,563 million USD compare
- 11 Italy 523,201 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 Southern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 22.60 million (2027)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 0.578 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 3.67 % change on previous year (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 29.2 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.45 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.51 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Southern Asia?
- Gross fixed capital formation — value us$ in Southern Asia was 1.55 million 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 Asia?
- The highest recorded value was 1.55 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Southern Asia?
- The lowest recorded value was 16,489 million USD in 1970.
- How does Southern Asia rank for gross fixed capital formation — value us$?
- Southern Asia ranks 10th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Southern Asia?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
- Where does this Southern Asia 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).