Somalia vs Sub-Saharan Africa: Annual growth of the gross capital formation
Somalia
21.1%
in 2024
Sub-Saharan Africa
4.0%
in 2024
Somalia rank
15th
Sub-Saharan Africa rank
12th
Annual growth of the gross capital formation over time
- Somalia
- Sub-Saharan Africa
How they compare
Somalia currently reports 21.1% against 4.0% in Sub-Saharan Africa, a difference of 17.1%.
That makes Somalia's figure about 5.3 times Sub-Saharan Africa's.
The two have swapped places 3 times across 11 shared years of data; in 2014 it was Sub-Saharan Africa ahead.
Somalia ranks 15th and Sub-Saharan Africa ranks 12th of 174 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.9% | 2.7% | 9.3% | Somalia |
| 2020s | 14.4% | 3.2% | 11.2% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual growth of the gross capital formation, Somalia or Sub-Saharan Africa?
- Somalia, at 21.1% against 4.0% in Sub-Saharan Africa as of 2024.
- What is the difference in annual growth of the gross capital formation between Somalia and Sub-Saharan Africa?
- 17.1%, with Somalia ahead.
- How many years of comparable data are there for Somalia and Sub-Saharan Africa?
- 11 years are reported by both, from 2014 to 2024.
- How do Somalia and Sub-Saharan Africa rank globally for annual growth of the gross capital formation?
- Somalia ranks 15th and Sub-Saharan Africa ranks 12th of 174 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Annual growth of the gross capital formation (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.