Gross Fixed Capital Formation — Value US$ in United Kingdom

United Kingdom: Gross Fixed Capital Formation — Value US$ was 613,148 million USD in 2024. ◆ Volatile

Latest (2024)
613,148 million USD
Change on year
up 6.7%
World rank
7th
of 235 countries
All-time high
613,148 million USD
in 2024
All-time low
30,819 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in United Kingdom, 1970–2024

0200.0k400.0k600.0k197019972024

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 United Kingdom is 613,148 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it 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 peaked at 613,148 million USD in 2024 and was at its lowest, 30,819 million USD, in 1970.

United Kingdom ranks 7th of 235 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, year by year

Annual values for Gross Fixed Capital Formation — Value US$ in United Kingdom, 1970 to 2024.
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%

United Kingdom compared with similar countries

  • United Kingdom's 613,148 million USD is above the median for high income countries, which is 20,129 million USD, 30.5× the median. (73 countries reporting)
  • United Kingdom's 613,148 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 23.5× the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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

  1. 4 Japan 1.02 million million USD compare
  2. 5 Germany 983,899 million USD compare
  3. 6 France 707,095 million USD compare
  4. 7 United Kingdom of Great Britain and Northern Ireland 613,148 million USD compare
  5. 9 Republic of Korea 599,124 million USD compare
  6. 10 Australia and New Zealand 529,563 million USD compare

See the full ranking of 265 places →

More economy & growth data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is gross fixed capital formation — value us$ in United Kingdom?
Gross fixed capital formation — value us$ in United Kingdom 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?
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?
The lowest recorded value was 30,819 million USD in 1970.
How does United Kingdom rank for gross fixed capital formation — value us$?
United Kingdom ranks 7th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in United Kingdom?
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 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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Gross Fixed Capital Formation — Value US$ in United Kingdom. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/united-kingdom/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

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).