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.
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 31 groups with data for 2024, putting it in the top 10%.
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 | Value | 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 — Value US$ 920,068 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 127,870 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,842 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,011 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 504,851 million USD (2024)
- Gross Domestic Product — Annual growth US$ 62.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 58.67 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.36 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.33 % (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 31 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).