Gross Fixed Capital Formation in South Africa decreased to 654787 ZAR Million in the second quarter of 2024 from 663775 ZAR Million in the first quarter of 2024. Gross Fixed Capital Formation in South Africa averaged 382311.44 ZAR Million from 1960 until 2024, reaching an all time high of 815426.50 ZAR Million in the fourth quarter of 2013 and a record low of 73064.60 ZAR Million in the second quarter of 1962. source: South African Reserve Bank
Gross Fixed Capital Formation in South Africa is expected to be 682335.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Gross Fixed Capital Formation is projected to trend around 693935.00 ZAR Million in 2025 and 706426.00 ZAR Million in 2026, according to our econometric models.