Africa's Development Dynamics (AfDD) Table 21 - Investment and capital stock — Private capital stock by country
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual...
What the numbers show
Africa's Development Dynamics (AfDD) Table 21 - Investment and capital stock — Private capital stock is currently reported for 167 countries. The highest value is 725.5 Percentage of GDP in Venezuela, Bolivarian Republic of; the lowest is 17.14 Percentage of GDP in Guinea-Bissau.
The median across all reporting countries is 157.37 Percentage of GDP, and the mean is 160.5 Percentage of GDP.
The gap between the highest and lowest reporting country is a factor of about 42.
Over the past decade 91 countries rose and 76 fell. The largest increase was in Myanmar (up 252.5%), and the largest decrease in Tajikistan (down 61.3%).
Africa's Development Dynamics (AfDD) Table 21 - Investment and: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Venezuela, Bolivarian Republic of | 725.5 Percentage of GDP | 2019 | up 166.5% | rising |
| 1 | Türkiye | 236.09 Percentage of GDP | 2019 | down 4.7% | falling |
| 2 | Yemen | 515.84 Percentage of GDP | 2019 | up 185.8% | volatile |
| 2 | Mauritania | 205.88 Percentage of GDP | 2019 | down 7.6% | falling |
| 3 | Barbados | 354.83 Percentage of GDP | 2019 | up 11.4% | rising |
| 3 | Cabo Verde | 196.48 Percentage of GDP | 2019 | up 21.8% | rising |
| 4 | Bahamas | 313.45 Percentage of GDP | 2019 | up 8.9% | rising |
| 5 | Congo | 309.6 Percentage of GDP | 2019 | up 76.9% | rising |
| 6 | Saint Kitts and Nevis | 309.45 Percentage of GDP | 2019 | down 11.0% | flat |
| 7 | Suriname | 294.99 Percentage of GDP | 2011 | up 3.6% | flat |
| 7 | Slovenia | 190.28 Percentage of GDP | 2019 | down 18.2% | flat |
| 8 | Lebanon | 294.31 Percentage of GDP | 2019 | up 42.1% | falling |
| 9 | Seychelles | 276.66 Percentage of GDP | 2019 | down 17.3% | falling |
| 9 | Croatia | 175.61 Percentage of GDP | 2019 | up 18.6% | rising |
| 10 | Cyprus | 274.48 Percentage of GDP | 2018 | down 1.8% | flat |
| 11 | Saint Vincent and the Grenadines | 262.71 Percentage of GDP | 2019 | up 13.1% | rising |
| 11 | Netherlands | 186.24 Percentage of GDP | 2019 | down 3.7% | rising |
| 12 | Switzerland | 251.83 Percentage of GDP | 2019 | down 5.6% | falling |
| 13 | Brunei Darussalam | 247 Percentage of GDP | 2019 | up 46.1% | rising |
| 13 | Estonia | 182.42 Percentage of GDP | 2019 | down 9.5% | rising |
| 14 | Indonesia | 240.67 Percentage of GDP | 2019 | up 5.3% | flat |
| 14 | Latvia | 180.86 Percentage of GDP | 2019 | down 9.0% | rising |
| 15 | Japan | 236.4 Percentage of GDP | 2019 | down 9.5% | flat |
| 15 | Fiji | 149.43 Percentage of GDP | 2019 | down 15.3% | falling |
| 16 | Austria | 234.27 Percentage of GDP | 2019 | down 5.5% | flat |
| 17 | Morocco | 232.55 Percentage of GDP | 2019 | up 5.2% | rising |
| 18 | Antigua and Barbuda | 232.46 Percentage of GDP | 2019 | down 0.2% | rising |
| 18 | Equatorial Guinea | 121.5 Percentage of GDP | 2019 | up 93.0% | rising |
| 19 | Iran, Islamic Republic of | 231.59 Percentage of GDP | 2019 | up 24.6% | rising |
| 19 | Lesotho | 121.14 Percentage of GDP | 2019 | down 1.7% | falling |
| 20 | Haiti | 230.81 Percentage of GDP | 2019 | up 9.3% | rising |
| 20 | Lithuania | 145.95 Percentage of GDP | 2019 | down 7.0% | rising |
| 21 | Belgium | 230.24 Percentage of GDP | 2019 | down 0.3% | rising |
| 21 | Eswatini | 107.01 Percentage of GDP | 2019 | down 32.8% | falling |
| 22 | Czechia | 228.5 Percentage of GDP | 2019 | down 6.3% | falling |
| 22 | Moldova | 102.44 Percentage of GDP | 2019 | down 23.5% | falling |
| 23 | Finland | 227.06 Percentage of GDP | 2019 | down 3.5% | rising |
| 23 | Poland | 130.59 Percentage of GDP | 2019 | down 4.5% | falling |
| 24 | Bhutan | 227.04 Percentage of GDP | 2019 | up 39.2% | rising |
| 24 | Democratic Republic of the Congo | 111.78 Percentage of GDP | 2019 | down 4.4% | falling |
| 24 | Madagascar | 79.46 Percentage of GDP | 2019 | up 79.0% | volatile |
| 25 | Saint Lucia | 226.74 Percentage of GDP | 2019 | up 12.4% | rising |
| 25 | Ethiopia | 73.41 Percentage of GDP | 2019 | up 131.0% | rising |
| 26 | Italy | 220.21 Percentage of GDP | 2019 | down 7.6% | rising |
| 26 | Viet Nam | 108.33 Percentage of GDP | 2019 | up 13.8% | rising |
| 27 | Australia | 218.25 Percentage of GDP | 2019 | up 8.6% | rising |
| 28 | France | 217.6 Percentage of GDP | 2019 | down 2.1% | rising |
| 29 | Norway | 214.99 Percentage of GDP | 2019 | up 4.9% | rising |
| 30 | Germany | 214.77 Percentage of GDP | 2019 | down 9.5% | flat |
| 31 | Angola | 214.18 Percentage of GDP | 2019 | up 12.9% | falling |
| 32 | Ukraine | 213.11 Percentage of GDP | 2019 | down 21.5% | falling |
| 33 | Canada | 212.03 Percentage of GDP | 2019 | up 1.2% | rising |
| 34 | Honduras | 210.14 Percentage of GDP | 2019 | down 1.6% | rising |
| 35 | Sweden | 209.78 Percentage of GDP | 2019 | down 4.5% | flat |
| 36 | Romania | 202.42 Percentage of GDP | 2019 | up 7.4% | rising |
| 37 | Spain | 198.6 Percentage of GDP | 2019 | down 6.9% | rising |
| 38 | OECD | 196.21 Percentage of GDP | 2019 | down 4.5% | rising |
| 39 | Brazil | 195.43 Percentage of GDP | 2019 | up 18.2% | rising |
| 40 | Portugal | 192.86 Percentage of GDP | 2019 | down 12.5% | rising |
| 40 | Syrian Arab Republic | 17.56 Percentage of GDP | 2011 | up 3.8% | flat |
| 41 | Mexico | 191.88 Percentage of GDP | 2019 | up 0.4% | rising |
| 42 | China | 191.06 Percentage of GDP | 2019 | up 142.6% | volatile |
| 43 | Panama | 189.8 Percentage of GDP | 2019 | up 37.5% | rising |
| 44 | Albania | 189.43 Percentage of GDP | 2019 | up 10.5% | rising |
| 45 | Chile | 188.82 Percentage of GDP | 2019 | up 25.8% | rising |
| 46 | Grenada | 187.94 Percentage of GDP | 2019 | down 23.3% | falling |
| 47 | Singapore | 187.16 Percentage of GDP | 2019 | up 5.2% | flat |
| 48 | Zambia | 186.79 Percentage of GDP | 2019 | up 54.9% | rising |
| 49 | Malta | 186.3 Percentage of GDP | 2018 | down 12.8% | flat |
| 50 | Denmark | 186.13 Percentage of GDP | 2019 | down 6.5% | rising |
| 51 | Bahrain | 185.69 Percentage of GDP | 2019 | up 28.6% | rising |
| 52 | Russian Federation | 180.72 Percentage of GDP | 2019 | down 7.4% | falling |
| 53 | Bulgaria | 180.45 Percentage of GDP | 2019 | up 15.5% | rising |
| 54 | Gabon | 179.75 Percentage of GDP | 2019 | down 5.0% | falling |
| 55 | Ecuador | 179.58 Percentage of GDP | 2019 | down 3.7% | falling |
| 56 | Thailand | 178.34 Percentage of GDP | 2019 | down 7.8% | falling |
| 57 | Hungary | 177.24 Percentage of GDP | 2019 | down 13.9% | rising |
| 58 | Colombia | 176.44 Percentage of GDP | 2019 | up 27.4% | rising |
| 59 | Botswana | 175.23 Percentage of GDP | 2019 | up 29.0% | rising |
| 60 | Central African Republic | 172.74 Percentage of GDP | 2019 | up 27.1% | rising |
| 61 | Comoros | 172.21 Percentage of GDP | 2019 | down 38.9% | falling |
| 62 | Ireland | 172.17 Percentage of GDP | 2019 | down 12.0% | rising |
| 63 | United States of America | 171.77 Percentage of GDP | 2019 | down 2.9% | rising |
| 64 | United Kingdom of Great Britain and Northern Ireland | 171.75 Percentage of GDP | 2019 | down 10.2% | falling |
| 65 | El Salvador | 170.41 Percentage of GDP | 2019 | up 2.9% | rising |
| 66 | Iceland | 170.12 Percentage of GDP | 2019 | down 20.2% | falling |
| 67 | Belize | 168.27 Percentage of GDP | 2019 | up 4.4% | rising |
| 68 | Liberia | 168.22 Percentage of GDP | 2019 | up 9.0% | falling |
| 69 | Greece | 167.2 Percentage of GDP | 2019 | down 1.4% | rising |
| 70 | South Africa | 166.47 Percentage of GDP | 2019 | up 21.7% | rising |
| 71 | Dominican Republic | 166.42 Percentage of GDP | 2019 | down 3.7% | flat |
| 72 | Israel | 165.27 Percentage of GDP | 2019 | down 3.8% | falling |
| 73 | Peru | 162.8 Percentage of GDP | 2019 | up 19.5% | flat |
| 74 | Kuwait | 161.16 Percentage of GDP | 2019 | up 74.9% | rising |
| 75 | New Zealand | 160.87 Percentage of GDP | 2019 | down 1.8% | rising |
| 76 | Nicaragua | 157.37 Percentage of GDP | 2019 | down 0.8% | falling |
| 77 | Mongolia | 154.81 Percentage of GDP | 2019 | down 14.7% | falling |
| 78 | Algeria | 153.6 Percentage of GDP | 2019 | up 30.0% | flat |
| 79 | Niger | 153.45 Percentage of GDP | 2019 | up 1.0% | falling |
| 80 | Guatemala | 152.06 Percentage of GDP | 2019 | down 10.7% | falling |
| 81 | Maldives | 151.6 Percentage of GDP | 2019 | up 35.0% | rising |
| 82 | United Arab Emirates | 150.95 Percentage of GDP | 2019 | down 6.3% | rising |
| 83 | India | 147.19 Percentage of GDP | 2019 | up 23.9% | rising |
| 84 | Serbia | 145.17 Percentage of GDP | 2019 | up 4.7% | flat |
| 85 | Malaysia | 143.96 Percentage of GDP | 2019 | up 0.5% | falling |
| 86 | Costa Rica | 141.94 Percentage of GDP | 2019 | up 4.4% | rising |
| 87 | Luxembourg | 141.1 Percentage of GDP | 2019 | down 0.9% | rising |
| 88 | Sri Lanka | 139.53 Percentage of GDP | 2019 | up 12.5% | flat |
| 89 | Uruguay | 139.12 Percentage of GDP | 2019 | up 16.9% | rising |
| 90 | Nepal | 138.93 Percentage of GDP | 2019 | up 10.9% | rising |
| 91 | Bosnia and Herzegovina | 136.11 Percentage of GDP | 2019 | up 35.2% | rising |
| 92 | Namibia | 135.01 Percentage of GDP | 2019 | up 55.6% | rising |
| 93 | Jordan | 133 Percentage of GDP | 2019 | up 32.4% | rising |
| 94 | North Macedonia | 132.63 Percentage of GDP | 2018 | up 10.3% | falling |
| 95 | Bangladesh | 132.59 Percentage of GDP | 2019 | up 15.9% | rising |
| 96 | Paraguay | 131.78 Percentage of GDP | 2019 | down 10.3% | falling |
| 97 | Belarus | 130.96 Percentage of GDP | 2014 | up 12.3% | falling |
| 98 | Montenegro | 126.51 Percentage of GDP | 2019 | up 12.0% | rising |
| 99 | Saudi Arabia | 124.99 Percentage of GDP | 2019 | up 21.5% | rising |
| 100 | Georgia | 124.95 Percentage of GDP | 2019 | down 14.4% | falling |
| 101 | Ghana | 124.31 Percentage of GDP | 2019 | down 31.5% | falling |
| 102 | Sao Tome and Principe | 123.77 Percentage of GDP | 2019 | down 23.4% | flat |
| 103 | Argentina | 120.78 Percentage of GDP | 2019 | up 13.2% | falling |
| 104 | Mauritius | 120.55 Percentage of GDP | 2019 | up 0.2% | rising |
| 105 | Philippines | 119.2 Percentage of GDP | 2019 | down 5.0% | falling |
| 106 | Zimbabwe | 116.36 Percentage of GDP | 2009 | up 37.0% | rising |
| 107 | Oman | 115.88 Percentage of GDP | 2019 | up 32.5% | rising |
| 108 | Cameroon | 115.62 Percentage of GDP | 2019 | up 2.2% | rising |
| 109 | Myanmar | 114.78 Percentage of GDP | 2019 | up 252.5% | volatile |
| 110 | Senegal | 113.59 Percentage of GDP | 2019 | up 11.1% | rising |
| 111 | Kazakhstan | 110.83 Percentage of GDP | 2019 | down 10.0% | falling |
| 112 | Lao People's Democratic Republic | 107.43 Percentage of GDP | 2017 | up 33.0% | rising |
| 113 | Tunisia | 102.7 Percentage of GDP | 2019 | up 1.0% | falling |
| 114 | Tanzania, United Republic of | 100.54 Percentage of GDP | 2019 | up 24.0% | rising |
| 115 | Nigeria | 97.28 Percentage of GDP | 2019 | down 16.8% | falling |
| 116 | Mozambique | 94.36 Percentage of GDP | 2019 | up 167.9% | rising |
| 117 | Armenia | 93.74 Percentage of GDP | 2019 | down 15.6% | flat |
| 118 | Chad | 89.26 Percentage of GDP | 2019 | up 46.3% | rising |
| 119 | Djibouti | 88.56 Percentage of GDP | 2019 | up 38.5% | volatile |
| 120 | Benin | 88.16 Percentage of GDP | 2019 | down 8.5% | falling |
| 121 | Sudan | 86.94 Percentage of GDP | 2011 | up 16.0% | rising |
| 122 | Kenya | 86.55 Percentage of GDP | 2019 | down 6.2% | flat |
| 123 | Uganda | 86.21 Percentage of GDP | 2019 | up 19.3% | rising |
| 124 | Guyana | 84.78 Percentage of GDP | 2019 | up 24.7% | falling |
| 125 | Dominica | 84.54 Percentage of GDP | 2019 | down 12.2% | falling |
| 126 | Pakistan | 82.46 Percentage of GDP | 2019 | down 17.1% | falling |
| 127 | Togo | 82.22 Percentage of GDP | 2019 | down 20.0% | flat |
| 128 | Cambodia | 81.95 Percentage of GDP | 2019 | up 32.0% | rising |
| 129 | Burkina Faso | 78.29 Percentage of GDP | 2019 | up 46.6% | rising |
| 130 | Afghanistan | 77.19 Percentage of GDP | 2019 | down 21.9% | falling |
| 131 | Côte d’Ivoire | 76.21 Percentage of GDP | 2019 | down 16.8% | falling |
| 132 | Guinea | 71.61 Percentage of GDP | 2019 | up 10.0% | rising |
| 133 | Tajikistan | 69.44 Percentage of GDP | 2019 | down 61.3% | volatile |
| 134 | Bolivia, Plurinational State of | 67.1 Percentage of GDP | 2019 | down 12.3% | falling |
| 135 | Gambia | 66.52 Percentage of GDP | 2019 | up 0.7% | rising |
| 136 | Burundi | 66.34 Percentage of GDP | 2019 | up 12.0% | falling |
| 137 | Mali | 63.75 Percentage of GDP | 2019 | down 9.1% | falling |
| 138 | Iraq | 58.53 Percentage of GDP | 2019 | up 28.5% | rising |
| 139 | Azerbaijan | 56.85 Percentage of GDP | 2019 | up 33.1% | falling |
| 140 | Uzbekistan | 54.43 Percentage of GDP | 2019 | up 164.3% | volatile |
| 141 | Malawi | 53.13 Percentage of GDP | 2019 | down 14.2% | falling |
| 142 | Eritrea | 49.75 Percentage of GDP | 2019 | down 39.6% | falling |
| 143 | Rwanda | 49.28 Percentage of GDP | 2019 | up 82.4% | rising |
| 144 | Sierra Leone | 46.79 Percentage of GDP | 2019 | up 39.9% | flat |
| 145 | Egypt | 39.95 Percentage of GDP | 2019 | up 14.0% | rising |
| 146 | Libya | 39.59 Percentage of GDP | 2009 | down 31.8% | falling |
| 147 | Guinea-Bissau | 17.14 Percentage of GDP | 2019 | down 19.4% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Korea 234.17 Percentage of GDP
- European Union (27 countries) 203.64 Percentage of GDP
- MERCOSUR 192.73 Percentage of GDP
- Portuguese-speaking African countries (PALOP) 192.62 Percentage of GDP
- Latin America and the Caribbean 191.05 Percentage of GDP
- High income countries (excluding Latin American and Caribbean countries) 192.26 Percentage of GDP
- World outside Africa 185.68 Percentage of GDP
- High income countries 192.19 Percentage of GDP
- Slovak Republic 184.45 Percentage of GDP
- World 182.01 Percentage of GDP
- World outside Africa, upper-middle income countries (World Bank) 189.32 Percentage of GDP
- ASEAN 181.16 Percentage of GDP
- Upper-middle income countries (World Bank) 188.79 Percentage of GDP
- World outside Africa, non-resource-rich countries 186.7 Percentage of GDP
- Resource-rich countries 173.91 Percentage of GDP
- Arab Maghreb Union (UMA) 171.64 Percentage of GDP
- Non-resource-rich countries 182.76 Percentage of GDP
- Southern Africa (African Union) 169.82 Percentage of GDP
- Economic Community of Central African States (ECCAS) 158.55 Percentage of GDP
- Southern African Development Community (SADC) 156.06 Percentage of GDP
- Asia (excluding high income countries) 174.76 Percentage of GDP
- Africa, resource-rich countries 170.73 Percentage of GDP
- Central Africa (African Union) 131.5 Percentage of GDP
- Africa, upper-middle income countries (World Bank) 163.83 Percentage of GDP
- Least developed countries 127.07 Percentage of GDP
- World outside Africa, resource-rich countries 155.57 Percentage of GDP
- Fragile states 149.28 Percentage of GDP
- Africa 111.79 Percentage of GDP
- Lower-middle income countries (World Bank) 136.21 Percentage of GDP
- Africa, small island developing states 132.57 Percentage of GDP
- Economic Community of West African States (ECOWAS) 97.39 Percentage of GDP
- Africa, least developed countries 111.07 Percentage of GDP
- Intergovernmental Authority on Development (IGAD) 70.24 Percentage of GDP
- Low income countries (World Bank) 108.16 Percentage of GDP
- Common Market for Eastern and Southern Africa (COMESA) 63.57 Percentage of GDP
- Africa, lower-middle income countries (World Bank) 106.45 Percentage of GDP
- Africa, fragile states 104.62 Percentage of GDP
- Africa, non-resource-rich countries 101.85 Percentage of GDP
- North Africa (African Union) 99.14 Percentage of GDP
- West Africa (African Union) 97.39 Percentage of GDP
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 21 shows indicators of investment flows and capital stocks, in US dollars and as a percentage of GDP, including general government investment, public-private partnerships, and private investment.