Gross Fixed Capital Formation in South Africa decreased to 607742.50 ZAR Million in the third quarter of 2018 from 615744.10 ZAR Million in the second quarter of 2018. Gross Fixed Capital Formation in South Africa averaged 298178.77 ZAR Million from 1960 until 2018, reaching an all time high of 652624.20 ZAR Million in the third quarter of 2015 and a record low of 73065 ZAR Million in the second quarter of 1962.
Gross Fixed Capital Formation in South Africa is expected to be 625858.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in South Africa to stand at 625232.00 in 12 months time. In the long-term, the South Africa Gross Fixed Capital Formation is projected to trend around 649864.00 ZAR Million in 2020, according to our econometric models.