South Africa - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in South Africa was $42,753,960,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $86,385,820,000 in 2011 and $1,657,599,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $1,657,599,000
1961 $1,668,799,000
1962 $1,684,199,000
1963 $2,260,999,000
1964 $2,623,599,000
1965 $3,091,199,000
1966 $3,061,799,000
1967 $3,781,399,000
1968 $3,784,198,000
1969 $4,402,998,000
1970 $5,259,798,000
1971 $6,294,594,000
1972 $5,666,524,000
1973 $7,808,818,000
1974 $11,054,090,000
1975 $12,327,120,000
1976 $11,120,500,000
1977 $12,092,250,000
1978 $12,464,850,000
1979 $15,782,240,000
1980 $26,019,670,000
1981 $29,152,930,000
1982 $20,804,630,000
1983 $23,753,700,000
1984 $19,756,280,000
1985 $13,027,470,000
1986 $14,193,680,000
1987 $15,752,200,000
1988 $20,204,380,000
1989 $22,525,450,000
1990 $22,432,470,000
1991 $23,580,200,000
1992 $22,561,360,000
1993 $20,844,820,000
1994 $25,284,290,000
1995 $30,397,160,000
1996 $27,045,720,000
1997 $27,533,230,000
1998 $25,131,810,000
1999 $23,719,990,000
2000 $22,854,480,000
2001 $19,737,210,000
2002 $19,409,850,000
2003 $30,847,680,000
2004 $43,385,700,000
2005 $48,621,810,000
2006 $56,184,490,000
2007 $64,370,050,000
2008 $67,295,830,000
2009 $61,884,570,000
2010 $73,438,080,000
2011 $86,385,820,000
2012 $80,731,320,000
2013 $76,844,890,000
2014 $70,475,910,000
2015 $64,603,150,000
2016 $54,881,570,000
2017 $63,361,450,000
2018 $66,964,510,000
2019 $62,151,540,000
2020 $42,753,960,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in South Africa was 703,692,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 897,990,000,000 in 2019 and a minimum value of 1,184,000,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

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

Year Value
1960 1,184,000,000
1961 1,192,000,000
1962 1,203,000,000
1963 1,615,000,000
1964 1,874,000,000
1965 2,208,000,000
1966 2,187,000,000
1967 2,701,000,000
1968 2,703,000,000
1969 3,145,000,000
1970 3,757,000,000
1971 4,502,000,000
1972 4,356,000,000
1973 5,419,000,000
1974 7,511,000,000
1975 9,116,000,000
1976 9,670,000,000
1977 10,515,000,000
1978 10,839,000,000
1979 13,289,000,000
1980 20,265,000,000
1981 25,584,000,000
1982 22,590,000,000
1983 26,464,000,000
1984 29,146,000,000
1985 29,034,000,000
1986 32,433,000,000
1987 32,072,000,000
1988 45,934,000,000
1989 59,077,000,000
1990 58,040,000,000
1991 65,112,000,000
1992 64,345,000,000
1993 68,114,620,000
1994 89,779,460,000
1995 110,254,000,000
1996 116,278,000,000
1997 126,873,000,000
1998 138,936,000,000
1999 144,917,000,000
2000 158,606,000,000
2001 169,922,000,000
2002 204,593,000,000
2003 233,353,000,000
2004 280,259,000,000
2005 309,201,000,000
2006 380,453,000,000
2007 453,513,000,000
2008 555,944,000,000
2009 524,391,000,000
2010 537,655,000,000
2011 627,256,000,000
2012 662,796,000,000
2013 741,569,000,000
2014 764,269,000,000
2015 823,735,000,000
2016 807,242,000,000
2017 843,525,000,000
2018 886,202,000,000
2019 897,990,000,000
2020 703,692,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in South Africa was 45,369,250,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 64,603,150,000 in 2015 and 8,349,529,000 in 1962.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1960 8,561,015,000
1961 8,676,812,000
1962 8,349,529,000
1963 10,611,840,000
1964 12,486,860,000
1965 14,183,700,000
1966 13,207,630,000
1967 15,855,070,000
1968 15,327,230,000
1969 17,183,690,000
1970 20,177,810,000
1971 22,259,260,000
1972 19,544,690,000
1973 22,261,110,000
1974 25,927,940,000
1975 26,380,200,000
1976 23,431,970,000
1977 22,152,950,000
1978 21,564,070,000
1979 23,678,310,000
1980 31,306,870,000
1981 34,446,370,000
1982 27,306,880,000
1983 28,305,950,000
1984 28,350,910,000
1985 23,092,210,000
1986 20,158,320,000
1987 19,366,710,000
1988 23,608,190,000
1989 24,275,960,000
1990 21,411,560,000
1991 21,340,310,000
1992 20,023,450,000
1993 19,978,070,000
1994 24,168,070,000
1995 27,607,040,000
1996 27,890,740,000
1997 28,711,980,000
1998 29,670,970,000
1999 28,742,310,000
2000 29,751,970,000
2001 29,894,360,000
2002 32,553,750,000
2003 36,278,230,000
2004 42,074,280,000
2005 44,802,010,000
2006 50,521,980,000
2007 54,881,780,000
2008 59,710,410,000
2009 54,681,820,000
2010 55,099,590,000
2011 61,564,070,000
2012 61,123,560,000
2013 64,182,460,000
2014 62,115,230,000
2015 64,603,150,000
2016 59,185,650,000
2017 60,947,260,000
2018 60,522,720,000
2019 60,275,770,000
2020 45,369,250,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in South Africa was -24.73 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 32.22 in 1980 and a minimum value of -24.73 in 2020.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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 1.35
1962 -3.77
1963 27.10
1964 17.67
1965 13.59
1966 -6.88
1967 20.04
1968 -3.33
1969 12.11
1970 17.42
1971 10.32
1972 -12.20
1973 13.90
1974 16.47
1975 1.74
1976 -11.18
1977 -5.46
1978 -2.66
1979 9.80
1980 32.22
1981 10.03
1982 -20.73
1983 3.66
1984 0.16
1985 -18.55
1986 -12.71
1987 -3.93
1988 21.90
1989 2.83
1990 -11.80
1991 -0.33
1992 -6.17
1993 -0.23
1994 20.97
1995 14.23
1996 1.03
1997 2.94
1998 3.34
1999 -3.13
2000 3.51
2001 0.48
2002 8.90
2003 11.44
2004 15.98
2005 6.48
2006 12.77
2007 8.63
2008 8.80
2009 -8.42
2010 0.76
2011 11.73
2012 -0.72
2013 5.00
2014 -3.22
2015 4.01
2016 -8.39
2017 2.98
2018 -0.70
2019 -0.41
2020 -24.73

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in South Africa was 578,490,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 823,735,000,000 in 2015 and a minimum value of 106,462,000,000 in 1962.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

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

Year Value
1960 109,159,000,000
1961 110,635,000,000
1962 106,462,000,000
1963 135,308,000,000
1964 159,216,000,000
1965 180,852,000,000
1966 168,407,000,000
1967 202,163,000,000
1968 195,433,000,000
1969 219,104,000,000
1970 257,281,000,000
1971 283,821,000,000
1972 249,208,000,000
1973 283,845,000,000
1974 330,599,000,000
1975 336,366,000,000
1976 298,774,000,000
1977 282,466,000,000
1978 274,957,000,000
1979 301,915,000,000
1980 399,184,000,000
1981 439,215,000,000
1982 348,182,000,000
1983 360,921,000,000
1984 361,494,000,000
1985 294,442,000,000
1986 257,033,000,000
1987 246,939,000,000
1988 301,021,000,000
1989 309,535,000,000
1990 273,012,000,000
1991 272,104,000,000
1992 255,313,000,000
1993 254,734,000,000
1994 308,160,000,000
1995 352,009,000,000
1996 355,626,000,000
1997 366,098,000,000
1998 378,326,000,000
1999 366,485,000,000
2000 379,359,000,000
2001 381,174,000,000
2002 415,083,000,000
2003 462,573,000,000
2004 536,477,000,000
2005 571,257,000,000
2006 644,191,000,000
2007 699,781,000,000
2008 761,350,000,000
2009 697,231,000,000
2010 702,558,000,000
2011 784,985,000,000
2012 779,368,000,000
2013 818,371,000,000
2014 792,013,000,000
2015 823,735,000,000
2016 754,659,000,000
2017 777,120,000,000
2018 771,707,000,000
2019 768,558,000,000
2020 578,490,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in South Africa was 12.75 as of 2020. Its highest value over the past 60 years was 34.12 in 1981, while its lowest value was 12.75 in 2020.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
1960 21.88
1961 20.93
1962 19.82
1963 23.99
1964 25.29
1965 27.27
1966 24.78
1967 27.45
1968 25.41
1969 26.24
1970 28.56
1971 30.96
1972 26.53
1973 26.66
1974 30.03
1975 32.34
1976 30.38
1977 29.75
1978 26.67
1979 27.38
1980 31.36
1981 34.12
1982 26.53
1983 27.17
1984 25.54
1985 22.05
1986 21.02
1987 17.78
1988 21.23
1989 22.75
1990 19.41
1991 19.02
1992 16.77
1993 14.16
1994 16.47
1995 17.70
1996 16.57
1997 16.29
1998 16.43
1999 15.66
2000 15.06
2001 14.57
2002 15.04
2003 15.66
2004 16.96
2005 16.83
2006 18.49
2007 19.33
2008 21.29
2009 18.77
2010 17.60
2011 18.85
2012 18.58
2013 19.17
2014 18.49
2015 18.63
2016 16.96
2017 16.61
2018 16.54
2019 16.02
2020 12.75

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts