South Africa - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in South Africa was -14.89 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 19.66 in 1964 and a minimum value of -18.57 in 1986.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 0.09
1962 -2.32
1963 17.85
1964 19.66
1965 17.45
1966 -1.14
1967 2.58
1968 4.53
1969 12.53
1970 14.27
1971 10.81
1972 5.84
1973 5.22
1974 6.53
1975 9.76
1976 -1.24
1977 -5.96
1978 -2.77
1979 4.17
1980 17.08
1981 8.95
1982 -2.15
1983 -3.54
1984 -1.49
1985 -7.03
1986 -18.57
1987 -5.12
1988 12.58
1989 6.50
1990 -2.34
1991 -7.39
1992 -5.26
1993 -0.55
1994 8.25
1995 10.69
1996 9.01
1997 5.74
1998 4.77
1999 -7.60
2000 3.87
2001 2.85
2002 3.49
2003 10.24
2004 12.88
2005 10.98
2006 12.14
2007 13.76
2008 12.82
2009 -6.68
2010 -3.91
2011 6.84
2012 1.76
2013 5.36
2014 -1.32
2015 1.35
2016 -1.93
2017 -2.03
2018 -1.76
2019 -2.41
2020 -14.89

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts