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

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%.

- Source agency: South African Reserve Bank (SARB) Web API
- Makrognosis code: `ZA.GFCF.Q.REAL`
- Frequency: quarterly
- Units: ZAR million, 2015 prices, SAAR
- Coverage: 1960-03-31 to 2026-06-30 (266 observations)
- Page: https://makrognosis.robomacro.com/data/south-africa/gross-fixed-capital-formation-constant-2015-prices-sa-annualised-sarb

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 646,686 ZAR million, 2015 prices, SAAR | 1.4 |
| Q1 2026 | 648,094 ZAR million, 2015 prices, SAAR | 0.1 |
| Q4 2025 | 654,649 ZAR million, 2015 prices, SAAR | −0.5 |
| Q3 2025 | 646,527 ZAR million, 2015 prices, SAAR | −2.2 |
| Q2 2025 | 637,733 ZAR million, 2015 prices, SAAR | −3.3 |
| Q1 2025 | 647,285 ZAR million, 2015 prices, SAAR | −2.9 |
| Q4 2024 | 657,617 ZAR million, 2015 prices, SAAR | −2.5 |
| Q3 2024 | 661,060 ZAR million, 2015 prices, SAAR | −2.5 |
| Q2 2024 | 659,434 ZAR million, 2015 prices, SAAR | −7.3 |
| Q1 2024 | 666,473 ZAR million, 2015 prices, SAAR | −3.1 |
| Q4 2023 | 674,517 ZAR million, 2015 prices, SAAR | −0.7 |
| Q3 2023 | 678,058 ZAR million, 2015 prices, SAAR | 0.4 |
| Q2 2023 | 711,294 ZAR million, 2015 prices, SAAR | 7.6 |
| Q1 2023 | 687,908 ZAR million, 2015 prices, SAAR | 5.0 |
| Q4 2022 | 679,275 ZAR million, 2015 prices, SAAR | 6.8 |
| Q3 2022 | 675,555 ZAR million, 2015 prices, SAAR | 7.7 |
| Q2 2022 | 660,768 ZAR million, 2015 prices, SAAR | 5.4 |
| Q1 2022 | 655,277 ZAR million, 2015 prices, SAAR | 3.7 |
| Q4 2021 | 636,137 ZAR million, 2015 prices, SAAR | −2.3 |
| Q3 2021 | 627,462 ZAR million, 2015 prices, SAAR | 0.9 |
| Q2 2021 | 626,995 ZAR million, 2015 prices, SAAR | 13.5 |
| Q1 2021 | 631,990 ZAR million, 2015 prices, SAAR | −10.4 |
| Q4 2020 | 651,183 ZAR million, 2015 prices, SAAR | −10.5 |
| Q3 2020 | 621,812 ZAR million, 2015 prices, SAAR | −17.7 |

## API

```
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"]
```