South Africa - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in South Africa was 757,318,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 860,188,000,000 in 2019 and a minimum value of 1,068,000,000 in 1960.

Definition: 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. Data are in current local currency.

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

Year Value
1960 1,068,000,000
1961 1,083,000,000
1962 1,110,000,000
1963 1,381,000,000
1964 1,649,000,000
1965 2,012,000,000
1966 2,127,000,000
1967 2,238,000,000
1968 2,381,000,000
1969 2,724,000,000
1970 3,325,000,000
1971 3,895,000,000
1972 4,529,000,000
1973 5,331,000,000
1974 6,511,000,000
1975 8,738,000,000
1976 10,218,000,000
1977 10,920,000,000
1978 11,356,000,000
1979 13,388,000,000
1980 17,962,000,000
1981 21,840,000,000
1982 24,687,000,000
1983 27,197,000,000
1984 28,937,000,000
1985 32,377,000,000
1986 33,509,000,000
1987 35,309,000,000
1988 45,268,000,000
1989 58,041,000,000
1990 62,617,000,000
1991 65,208,000,000
1992 67,087,000,000
1993 70,937,620,000
1994 81,703,460,000
1995 97,810,530,000
1996 110,920,000,000
1997 125,752,000,000
1998 139,664,000,000
1999 137,384,000,000
2000 151,516,000,000
2001 167,468,000,000
2002 190,866,000,000
2003 218,446,000,000
2004 250,629,000,000
2005 291,685,000,000
2006 357,312,000,000
2007 446,371,000,000
2008 564,499,000,000
2009 544,619,000,000
2010 536,616,000,000
2011 592,526,000,000
2012 639,629,000,000
2013 718,742,000,000
2014 756,548,000,000
2015 796,138,000,000
2016 830,138,000,000
2017 832,762,000,000
2018 849,198,000,000
2019 860,188,000,000
2020 757,318,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts