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South Africa: Gross capital formation

Millions of local currency · 1946–2025 · 80 observations · forecasts to 2031 · inv

2025
1.02 trillionlocal currency
Change on 2024
−2.4%year on year
Average growth, 2015–2025
+2.2%a year
In US dollars, 2025
$57.1 billionUS dollars

Gross capital formation

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100M1B10B100B1T10T1960198020002020South AfricaSouth Africa
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
20311,445,372Forecast
20301,362,880Forecast
20291,285,032Forecast
20281,211,239Forecast
20271,131,134Forecast
20261,050,999Forecast
20251,021,443
20241,046,533
20231,111,827
20221,044,793
2021796,683
2020686,753
2019889,953
2018867,260
2017843,525
2016807,242

Sources

  • South African Reserve Bank1946–2025
  • Mitchell1950–2010
  • Penn World Table1950–2019
  • WDI (archive)1960–1997
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • United Nations1970–2024
  • IMF World Economic Outlook1980–2025
  • IMF International Financial Statistics1993–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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