In 2024, gross fixed capital formation in the EU decreased by 1.9% compared with 2023. Gross fixed capital formation is a key component of GDP, measuring investment in assets such as buildings, machinery and equipment (including information and communication equipment), research and development and software.
Considering the different economic activities, the largest decreases were recorded for agriculture, forestry and fishery (-7.6%), information and communication (-5.6%) and real estate activities (-4.3%). Gross fixed capital formation also declined for industry (-3.1%) and professional, scientific and technical activities and administrative and support service activities (-1,7%).
Increases were recorded for public administration, defence, education, human health and social work activities (+4.3%), financial and insurance activities (+3.6%) and for construction (+0.9%).
Source dataset: nama_10_a64_p5
This information comes from estimates of gross fixed capital formation by economic activities and by detailed assets for the EU and euro area, published by Eurostat for the first time today. Growth rates are based on chain-linked volumes. European aggregates of gross and net capital stocks by industry and detailed asset type, as well as capital stocks by sector and detailed asset type up to 2023 were also published.
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