Gross Fixed Capital Formation — Value US$ in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Gross Fixed Capital Formation — Value US$ was 613,148 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in United Kingdom of Great Britain and Northern Ireland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
United Kingdom of Great Britain and Northern Ireland recorded 613,148 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.
The figure is up 6.7% on the previous year and up 18.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in United Kingdom of Great Britain and Northern Ireland peaked at 613,148 million USD in 2024 and was at its lowest, 30,819 million USD, in 1970.
United Kingdom of Great Britain and Northern Ireland ranks 6th of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 30,819 million USD | — |
| 1971 | 35,034 million USD | +13.7% |
| 1972 | 39,470 million USD | +12.7% |
| 1973 | 47,768 million USD | +21.0% |
| 1974 | 54,276 million USD | +13.6% |
| 1975 | 61,897 million USD | +14.0% |
| 1976 | 58,770 million USD | -5.1% |
| 1977 | 63,084 million USD | +7.3% |
| 1978 | 79,218 million USD | +25.6% |
| 1979 | 104,137 million USD | +31.5% |
| 1980 | 129,286 million USD | +24.1% |
| 1981 | 112,133 million USD | -13.3% |
| 1982 | 106,814 million USD | -4.7% |
| 1983 | 100,734 million USD | -5.7% |
| 1984 | 100,577 million USD | -0.2% |
| 1985 | 106,698 million USD | +6.1% |
| 1986 | 129,743 million USD | +21.6% |
| 1987 | 165,202 million USD | +27.3% |
| 1988 | 223,067 million USD | +35.0% |
| 1989 | 236,824 million USD | +6.2% |
| 1990 | 259,329 million USD | +9.5% |
| 1991 | 238,326 million USD | -8.1% |
| 1992 | 228,783 million USD | -4.0% |
| 1993 | 196,976 million USD | -13.9% |
| 1994 | 215,444 million USD | +9.4% |
| 1995 | 244,082 million USD | +13.3% |
| 1996 | 265,240 million USD | +8.7% |
| 1997 | 269,991 million USD | +1.8% |
| 1998 | 293,132 million USD | +8.6% |
| 1999 | 298,091 million USD | +1.7% |
| 2000 | 298,211 million USD | +0.0% |
| 2001 | 295,763 million USD | -0.8% |
| 2002 | 320,497 million USD | +8.4% |
| 2003 | 364,335 million USD | +13.7% |
| 2004 | 425,243 million USD | +16.7% |
| 2005 | 450,314 million USD | +5.9% |
| 2006 | 487,585 million USD | +8.3% |
| 2007 | 562,975 million USD | +15.5% |
| 2008 | 516,692 million USD | -8.2% |
| 2009 | 393,230 million USD | -23.9% |
| 2010 | 399,778 million USD | +1.7% |
| 2011 | 419,610 million USD | +5.0% |
| 2012 | 427,095 million USD | +1.8% |
| 2013 | 455,959 million USD | +6.8% |
| 2014 | 517,936 million USD | +13.6% |
| 2015 | 510,052 million USD | -1.5% |
| 2016 | 483,510 million USD | -5.2% |
| 2017 | 490,174 million USD | +1.4% |
| 2018 | 520,525 million USD | +6.2% |
| 2019 | 522,440 million USD | +0.4% |
| 2020 | 472,475 million USD | -9.6% |
| 2021 | 567,841 million USD | +20.2% |
| 2022 | 530,900 million USD | -6.5% |
| 2023 | 574,525 million USD | +8.2% |
| 2024 | 613,148 million USD | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57,447 million USD | 30,819 million USD | 104,137 million USD | 10 |
| 1980s | 141,108 million USD | 100,577 million USD | 236,824 million USD | 10 |
| 1990s | 250,939 million USD | 196,976 million USD | 298,091 million USD | 10 |
| 2000s | 411,484 million USD | 295,763 million USD | 562,975 million USD | 10 |
| 2010s | 474,708 million USD | 399,778 million USD | 522,440 million USD | 10 |
| 2020s | 551,778 million USD | 472,475 million USD | 613,148 million USD | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 3 Japan 1.02 million million USD compare
- 4 Germany 983,899 million USD compare
- 5 France 707,095 million USD compare
- 5 Viet Nam 134,034 million USD compare
- 6 Iran (Islamic Republic of) 118,690 million USD compare
- 7 Republic of Korea 599,124 million USD compare
- 8 United Republic of Tanzania 31,797 million USD compare
- 8 Australia and New Zealand 529,563 million USD compare
- 9 Democratic Republic of the Congo 23,541 million USD compare
- 9 Italy 523,201 million USD compare
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.72 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 3.79 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 16.77 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.77 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 584,388 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 382,508 million SLC (2024)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is gross fixed capital formation — value us$ in United Kingdom of Great Britain and Northern Ireland?
- Gross fixed capital formation — value us$ in United Kingdom of Great Britain and Northern Ireland was 613,148 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 United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 613,148 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 30,819 million USD in 1970.
- How does United Kingdom of Great Britain and Northern Ireland rank for gross fixed capital formation — value us$?
- United Kingdom of Great Britain and Northern Ireland ranks 6th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland 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).