Gross Fixed Capital Formation — Value US$ in United Republic of Tanzania
United Republic of Tanzania: Gross Fixed Capital Formation — Value US$ was 31,797 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in United Republic of Tanzania, 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 United Republic of Tanzania stood at 31,797 million USD.
Compared with earlier readings it is down 2.6% on the previous year and up 82.1% over ten years.
Over the whole period, gross fixed capital formation — value us$ in United Republic of Tanzania peaked at 32,638 million USD in 2023 and was at its lowest, 644.34 million USD, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in United Republic of Tanzania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 644.34 million USD | — |
| 1971 | 813.84 million USD | +26.3% |
| 1972 | 811.09 million USD | -0.3% |
| 1973 | 907.49 million USD | +11.9% |
| 1974 | 1,041 million USD | +14.8% |
| 1975 | 1,178 million USD | +13.1% |
| 1976 | 1,304 million USD | +10.7% |
| 1977 | 1,701 million USD | +30.5% |
| 1978 | 2,012 million USD | +18.2% |
| 1979 | 2,213 million USD | +10.0% |
| 1980 | 2,229 million USD | +0.7% |
| 1981 | 2,206 million USD | -1.0% |
| 1982 | 2,468 million USD | +11.9% |
| 1983 | 1,473 million USD | -40.3% |
| 1984 | 1,657 million USD | +12.5% |
| 1985 | 2,298 million USD | +38.6% |
| 1986 | 2,288 million USD | -0.4% |
| 1987 | 2,377 million USD | +3.9% |
| 1988 | 2,546 million USD | +7.1% |
| 1989 | 2,427 million USD | -4.7% |
| 1990 | 3,128 million USD | +28.9% |
| 1991 | 2,468 million USD | -21.1% |
| 1992 | 2,459 million USD | -0.4% |
| 1993 | 2,181 million USD | -11.3% |
| 1994 | 2,133 million USD | -2.2% |
| 1995 | 1,995 million USD | -6.5% |
| 1996 | 2,075 million USD | +4.0% |
| 1997 | 2,192 million USD | +5.7% |
| 1998 | 2,598 million USD | +18.5% |
| 1999 | 2,349 million USD | -9.6% |
| 2000 | 2,368 million USD | +0.8% |
| 2001 | 2,512 million USD | +6.1% |
| 2002 | 2,577 million USD | +2.6% |
| 2003 | 3,118 million USD | +21.0% |
| 2004 | 4,044 million USD | +29.7% |
| 2005 | 4,963 million USD | +22.7% |
| 2006 | 6,024 million USD | +21.4% |
| 2007 | 7,901 million USD | +31.2% |
| 2008 | 10,756 million USD | +36.1% |
| 2009 | 9,613 million USD | -10.6% |
| 2010 | 10,504 million USD | +9.3% |
| 2011 | 12,965 million USD | +23.4% |
| 2012 | 13,920 million USD | +7.4% |
| 2013 | 16,383 million USD | +17.7% |
| 2014 | 17,462 million USD | +6.6% |
| 2015 | 15,930 million USD | -8.8% |
| 2016 | 17,225 million USD | +8.1% |
| 2017 | 19,693 million USD | +14.3% |
| 2018 | 19,258 million USD | -2.2% |
| 2019 | 23,084 million USD | +19.9% |
| 2020 | 27,767 million USD | +20.3% |
| 2021 | 30,995 million USD | +11.6% |
| 2022 | 31,248 million USD | +0.8% |
| 2023 | 32,638 million USD | +4.4% |
| 2024 | 31,797 million USD | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,263 million USD | 644.34 million USD | 2,213 million USD | 10 |
| 1980s | 2,197 million USD | 1,473 million USD | 2,546 million USD | 10 |
| 1990s | 2,358 million USD | 1,995 million USD | 3,128 million USD | 10 |
| 2000s | 5,387 million USD | 2,368 million USD | 10,756 million USD | 10 |
| 2010s | 16,642 million USD | 10,504 million USD | 23,084 million USD | 10 |
| 2020s | 30,889 million USD | 27,767 million USD | 32,638 million USD | 5 |
Countries ranked near United Republic of Tanzania
- 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
- 6 United Kingdom of Great Britain and Northern Ireland 613,148 million USD compare
- 7 Republic of Korea 599,124 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
- 10 Canada 500,302 million USD compare
- 10 Venezuela (Bolivarian Republic of) 14,501 million USD compare
- 11 Bolivia (Plurinational State of) 8,318 million USD compare
- 11 Russian Federation 471,135 million USD compare
More economy & growth data for United Republic of Tanzania
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 39.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 45.11 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.28 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -2.58 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.25 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.28 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 45.11 % (2024)
- Gross Domestic Product — Value US$ per capita 1,187 USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 5.53 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 8.76 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in United Republic of Tanzania?
- Gross fixed capital formation — value us$ in United Republic of Tanzania was 31,797 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 Republic of Tanzania?
- The highest recorded value was 32,638 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in United Republic of Tanzania?
- The lowest recorded value was 644.34 million USD in 1970.
- How does United Republic of Tanzania rank for gross fixed capital formation — value us$?
- United Republic of Tanzania ranks 8th out of 19 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in United Republic of Tanzania?
- Over the last ten years it is up 82.1%. The long-run trend across the full record is volatile.
- Where does this United Republic of Tanzania 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).