Annual growth of the gross capital formation (%) in Eastern Africa
Eastern Africa: Annual growth of the gross capital formation (%) was 6.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Eastern Africa, 2012–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Eastern Africa is 6.4%, measured in 2024.
That represents a change of up 1,682.8% on the previous year and down 26.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Eastern Africa peaked at 18.6% in 2012 and was at its lowest, -0.2%, in 2020.
That places Eastern Africa 4th out of 30 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Eastern Africa, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 18.6% | — |
| 2013 | 11.3% | -39.0% |
| 2014 | 8.8% | -22.5% |
| 2015 | 4.6% | -47.3% |
| 2016 | 7.3% | +58.0% |
| 2017 | 6.3% | -13.6% |
| 2018 | 6.3% | +0.3% |
| 2019 | 5.3% | -16.1% |
| 2020 | -0.2% | -104.3% |
| 2021 | 5.5% | -2499.2% |
| 2022 | 7.2% | +30.4% |
| 2023 | 0.4% | -95.0% |
| 2024 | 6.4% | +1682.8% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Eastern Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2499.2% | -0.2% | 5.5% |
| 2024 | +1682.8% | 0.4% | 6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.6% | 4.6% | 18.6% | 8 |
| 2020s | 3.8% | -0.2% | 7.2% | 5 |
Countries ranked near Eastern Africa
More economy & growth data for Eastern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.86 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.08 % (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 55.43 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 1.34 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 62.86 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.78 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.36 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita 58.67 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 504,851 million USD (2024)
- Gross Domestic Product — Annual growth US$ 62.86 % (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Eastern Africa?
- Annual growth of the gross capital formation in Eastern Africa was 6.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Eastern Africa?
- The highest recorded value was 18.6% in 2012.
- What is the lowest annual growth of the gross capital formation recorded in Eastern Africa?
- The lowest recorded value was -0.2% in 2020.
- How does Eastern Africa rank for annual growth of the gross capital formation?
- Eastern Africa ranks 4th out of 30 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Eastern Africa?
- Over the last ten years it is down 26.8%. The long-run trend across the full record is volatile.
- Where does this Eastern Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under UN SDG Global Database (open, attribution requested).