Makrognosis

South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D)

QuarterlyReal (inflation-adjusted)Code ZA.GFCF.Q.REAL

Latest (y/y)1.4%Q2 2026
Previous (y/y)0.1%Q1 2026
Level646,686 ZAR million, 2015 prices, SAARQ2 2026

South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D) was up 1.4% year on year in Q2 2026, compared with 0.1% in Q1 2026.

The level stood at 646,686 ZAR million, 2015 prices, SAAR.

That is the highest reading since Q2 2023.

Over the past ten years it has ranged from −25.3% (Q2 2020) to 13.5% (Q2 2021), averaging −1.7%.

South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D), annual % change, Q1 1961 – Q2 2026−40%−20%0%20%197019801990200020102020Robomacro
South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D), annual % change, Q1 1961 – Q2 2026. Source: South African Reserve Bank (SARB) Web API.
South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D), level (ZAR million, 2015 prices, SAAR)0k200k400k600k800k197019801990200020102020Robomacro
South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D), level (ZAR million, 2015 prices, SAAR).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026646,686 ZAR million, 2015 prices, SAAR1.4
Q1 2026648,094 ZAR million, 2015 prices, SAAR0.1
Q4 2025654,649 ZAR million, 2015 prices, SAAR−0.5
Q3 2025646,527 ZAR million, 2015 prices, SAAR−2.2
Q2 2025637,733 ZAR million, 2015 prices, SAAR−3.3
Q1 2025647,285 ZAR million, 2015 prices, SAAR−2.9
Q4 2024657,617 ZAR million, 2015 prices, SAAR−2.5
Q3 2024661,060 ZAR million, 2015 prices, SAAR−2.5
Q2 2024659,434 ZAR million, 2015 prices, SAAR−7.3
Q1 2024666,473 ZAR million, 2015 prices, SAAR−3.1
Q4 2023674,517 ZAR million, 2015 prices, SAAR−0.7
Q3 2023678,058 ZAR million, 2015 prices, SAAR0.4
Q2 2023711,294 ZAR million, 2015 prices, SAAR7.6
Q1 2023687,908 ZAR million, 2015 prices, SAAR5.0
Q4 2022679,275 ZAR million, 2015 prices, SAAR6.8
Q3 2022675,555 ZAR million, 2015 prices, SAAR7.7
Q2 2022660,768 ZAR million, 2015 prices, SAAR5.4
Q1 2022655,277 ZAR million, 2015 prices, SAAR3.7
Q4 2021636,137 ZAR million, 2015 prices, SAAR−2.3
Q3 2021627,462 ZAR million, 2015 prices, SAAR0.9
Q2 2021626,995 ZAR million, 2015 prices, SAAR13.5
Q1 2021631,990 ZAR million, 2015 prices, SAAR−10.4
Q4 2020651,183 ZAR million, 2015 prices, SAAR−10.5
Q3 2020621,812 ZAR million, 2015 prices, SAAR−17.7

Last 24 observations. The full history (266 observations) is available through the API.

Get South Africa Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ZA.GFCF.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ZA.GFCF.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1960
Observations266
FrequencyQuarterly
UnitsZAR million, 2015 prices, SAAR
AdjustmentReal (inflation-adjusted)
10-year high13.5% (Q2 2021)
10-year low−25.3% (Q2 2020)
10-year average−1.7%
Source agencySouth African Reserve Bank (SARB) Web API
Makrognosis codeZA.GFCF.Q.REAL

Other South Africa indicators

South Africa GDP (Gross Domestic Product)South Africa Nominal GDP at market prices (ZAR million, SAAR, SARB QB)South Africa Inflation Rate (CPI)South Africa Unemployment RateSouth Africa 10-Year Government Bond YieldSouth Africa Credit Rating & Sovereign Risk ScoreSouth Africa Industrial ProductionSouth Africa Retail SalesSouth Africa Producer Price Inflation (PPI)South Africa Current Account Balance - Balance of Payments (NSA)South Africa Trade Balance: Goods & ServicesSouth Africa Exports of goods and services, constant 2015 prices, SA annualised (SARB Web API NRI6013D; Quarterly Bulletin KBP6013D)South Africa Total Exports of Goods Including Gold - SARS Customs (NSA)South Africa Imports of goods and services, constant 2015 prices, SA annualised (SARB Web API NRI6014D; Quarterly Bulletin KBP6014D)South Africa Total Imports of Goods - SARS Customs (NSA)South Africa Government Debt to GDP

FAQ

What is the current gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D) in South Africa?
The latest reading is 1.4% year on year for Q2 2026, published by South African Reserve Bank (SARB) Web API.
Where does this data come from?
It is collected directly from South African Reserve Bank (SARB) Web API and is available through the Makrognosis API under the code ZA.GFCF.Q.REAL.

Last updated 2026-10-23. Source: South African Reserve Bank (SARB) Web API. Original title: “South Africa - Gross fixed capital formation, constant 2015 prices, SA annualised (SARB Web API NRI6009D; Quarterly Bulletin KBP6009D)”.