In 2022, gross fixed capital formation growth for South Africa was 4.8 %. Though South Africa gross fixed capital formation growth fluctuated substantially in recent years, it tended to decrease through 1973 - 2022 period ending at 4.8 % in 2022.
The description is composed by our digital data assistant.Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.
| Date | Value | Change, % |
|---|---|---|
| 2022 | 4.8 | 649.73% |
| 2021 | 0.6 | -104.37% |
| 2020 | -14.6 | 738.95% |
| 2019 | -1.7 | 43.56% |
| 2018 | -1.2 | -40.26% |
| 2017 | -2.0 | 5.24% |
| 2016 | -1.9 | -243.15% |
| 2015 | 1.3 | -202.45% |
| 2014 | -1.3 | -124.59% |
| 2013 | 5.4 | 204.87% |
| 2012 | 1.8 | -74.32% |
| 2011 | 6.8 |