South Africa - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in South Africa was 624,072,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 796,138,000,000 in 2015 and a minimum value of 98,872,170,000 in 1962.

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 constant local currency.

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

Year Value
1960 101,130,000,000
1961 101,223,000,000
1962 98,872,170,000
1963 116,524,000,000
1964 139,436,000,000
1965 163,767,000,000
1966 161,906,000,000
1967 166,083,000,000
1968 173,600,000,000
1969 195,359,000,000
1970 223,240,000,000
1971 247,374,000,000
1972 261,826,000,000
1973 275,498,000,000
1974 293,487,000,000
1975 322,124,000,000
1976 318,145,000,000
1977 299,177,000,000
1978 290,882,000,000
1979 303,006,000,000
1980 354,752,000,000
1981 386,518,000,000
1982 378,211,000,000
1983 364,817,000,000
1984 359,383,000,000
1985 334,132,000,000
1986 272,068,000,000
1987 258,147,000,000
1988 290,631,000,000
1989 309,534,000,000
1990 302,290,000,000
1991 279,956,000,000
1992 265,229,000,000
1993 263,758,000,000
1994 285,511,000,000
1995 316,035,000,000
1996 344,504,000,000
1997 364,285,000,000
1998 381,645,000,000
1999 352,658,000,000
2000 366,291,000,000
2001 376,726,000,000
2002 389,884,000,000
2003 429,796,000,000
2004 485,141,000,000
2005 538,428,000,000
2006 603,818,000,000
2007 686,895,000,000
2008 774,973,000,000
2009 723,230,000,000
2010 694,935,000,000
2011 742,493,000,000
2012 755,542,000,000
2013 796,023,000,000
2014 785,537,000,000
2015 796,138,000,000
2016 780,757,000,000
2017 764,883,000,000
2018 751,386,000,000
2019 733,262,000,000
2020 624,072,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts