Gross capital formation as a share of GDP reached 18.0 % in 2019 in South Africa, according to the National Statistical Office. This is 0.740 % less than in the previous year.
Historically, gross capital formation as a share of GDP in South Africa reached an all time high of 18.1 % in 2018 and an all time low of 0.152 % in 1993. When compared to South Africa's main peers, gross capital formation as a share of GDP in Botswana amounted to 30.0 %, 30.9 % in Lesotho, 23.0 % in Namibia and 11.9 % in Swaziland in 2019.
South Africa has been ranked 134th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 26 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.