Gross Fixed Capital Formation — Value US$ (US Value) in Southern Europe
Southern Europe: Gross Fixed Capital Formation — Value US$ was 1.05 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Southern Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Southern Europe recorded 1.05 million million USD for gross fixed capital formation — value us$ in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 44.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Southern Europe peaked at 1.19 million million USD in 2008 and was at its lowest, 51,344 million USD, in 1970.
That places Southern Europe 13th 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 Southern Europe, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 51,344 million USD | — |
| 1971 | 55,372 million USD | +7.8% |
| 1972 | 65,879 million USD | +19.0% |
| 1973 | 86,441 million USD | +31.2% |
| 1974 | 103,922 million USD | +20.2% |
| 1975 | 115,818 million USD | +11.4% |
| 1976 | 114,565 million USD | -1.1% |
| 1977 | 131,544 million USD | +14.8% |
| 1978 | 158,606 million USD | +20.6% |
| 1979 | 198,406 million USD | +25.1% |
| 1980 | 230,690 million USD | +16.3% |
| 1981 | 206,824 million USD | -10.3% |
| 1982 | 193,600 million USD | -6.4% |
| 1983 | 181,147 million USD | -6.4% |
| 1984 | 170,863 million USD | -5.7% |
| 1985 | 176,537 million USD | +3.3% |
| 1986 | 237,321 million USD | +34.4% |
| 1987 | 296,254 million USD | +24.8% |
| 1988 | 343,489 million USD | +15.9% |
| 1989 | 368,631 million USD | +7.3% |
| 1990 | 471,066 million USD | +27.8% |
| 1991 | 487,132 million USD | +3.4% |
| 1992 | 499,477 million USD | +2.5% |
| 1993 | 376,555 million USD | -24.6% |
| 1994 | 382,637 million USD | +1.6% |
| 1995 | 440,801 million USD | +15.2% |
| 1996 | 477,805 million USD | +8.4% |
| 1997 | 455,192 million USD | -4.7% |
| 1998 | 487,007 million USD | +7.0% |
| 1999 | 504,502 million USD | +3.6% |
| 2000 | 485,317 million USD | -3.8% |
| 2001 | 499,176 million USD | +2.9% |
| 2002 | 560,169 million USD | +12.2% |
| 2003 | 704,103 million USD | +25.7% |
| 2004 | 828,102 million USD | +17.6% |
| 2005 | 878,881 million USD | +6.1% |
| 2006 | 968,503 million USD | +10.2% |
| 2007 | 1.12 million million USD | +16.1% |
| 2008 | 1.19 million million USD | +6.2% |
| 2009 | 971,912 million USD | -18.6% |
| 2010 | 896,147 million USD | -7.8% |
| 2011 | 897,215 million USD | +0.1% |
| 2012 | 750,287 million USD | -16.4% |
| 2013 | 722,384 million USD | -3.7% |
| 2014 | 724,401 million USD | +0.3% |
| 2015 | 632,191 million USD | -12.7% |
| 2016 | 651,957 million USD | +3.1% |
| 2017 | 707,476 million USD | +8.5% |
| 2018 | 784,245 million USD | +10.9% |
| 2019 | 778,740 million USD | -0.7% |
| 2020 | 740,049 million USD | -5.0% |
| 2021 | 901,107 million USD | +21.8% |
| 2022 | 913,112 million USD | +1.3% |
| 2023 | 1.02 million million USD | +11.3% |
| 2024 | 1.05 million million USD | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 108,190 million USD | 51,344 million USD | 198,406 million USD | 10 |
| 1980s | 240,536 million USD | 170,863 million USD | 368,631 million USD | 10 |
| 1990s | 458,217 million USD | 376,555 million USD | 504,502 million USD | 10 |
| 2000s | 821,375 million USD | 485,317 million USD | 1.19 million million USD | 10 |
| 2010s | 754,504 million USD | 632,191 million USD | 897,215 million USD | 10 |
| 2020s | 923,628 million USD | 740,049 million USD | 1.05 million million USD | 5 |
Countries ranked near Southern Europe
More economy & growth data for Southern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 7.33 million (2027)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.86 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 890,910 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.17 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Southern Europe?
- Gross fixed capital formation — value us$ in Southern Europe was 1.05 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 Europe?
- The highest recorded value was 1.19 million million USD in 2008.
- What is the lowest gross fixed capital formation — value us$ recorded in Southern Europe?
- The lowest recorded value was 51,344 million USD in 1970.
- How does Southern Europe rank for gross fixed capital formation — value us$?
- Southern Europe ranks 13th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Southern Europe?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is volatile.
- Where does this Southern Europe 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).