South Africa | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source
South Africa | Gross capital formation (annual % growth)
1960
1961 1.29981313
1962 -3.71218524
1963 26.71152721
1964 17.7467768
1965 13.73918324
1966 -6.64931482
1967 19.2973572
1968 -3.03980663
1969 12.12890665
1970 17.29817873
1971 10.33465954
1972 -11.49189899
1973 13.49448223
1974 16.04187572
1975 2.0622292
1976 -10.75166167
1977 -5.48227728
1978 -2.66371484
1979 9.53998641
1980 31.54188558
1981 9.98555157
1982 -19.99546063
1983 3.31234759
1984 0.08487599
1985 -18.03914287
1986 -12.99988842
1987 -3.98258808
1988 21.46829766
1989 2.98715364
1990 -11.3791017
1991 -0.67839435
1992 -6.12887098
1993 -0.24184706
1994 20.97294205
1995 14.22940742
1996 1.02763059
1997 2.94450907
1998 3.34004213
1999 -3.12985555
2000 3.51280232
2001 0.47858692
2002 8.89593786
2003 11.44103302
2004 15.97665462
2005 6.48311989
2006 12.76722114
2007 8.62950286
2008 8.79825721
2009 -8.42163586
2010 0.76400496
2011 11.73235673
2012 -0.71552929
2013 5.00443946
2014 -3.22085533
2015 4.00533113
2016 -8.38581264
2017 2.97641068
2018 -1.21421332
2019 -0.19852857
2020 -24.5608667
2021 7.51316644
2022 14.69914594
South Africa | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source