Annual growth of the gross capital formation (%) in Middle Africa
Middle Africa: Annual growth of the gross capital formation (%) was 7.0% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Middle Africa, 2003–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Middle Africa stood at 7.0%.
Compared with earlier readings it is up 615.7% on the previous year and down 40.2% over ten years.
Over the whole period, annual growth of the gross capital formation in Middle Africa peaked at 20.8% in 2008 and was at its lowest, -13.1%, in 2016.
That places Middle Africa 2nd out of 30 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 Middle Africa, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 7.9% | — |
| 2004 | 14.8% | +87.3% |
| 2005 | 4.9% | -66.6% |
| 2006 | 10.5% | +112.9% |
| 2007 | 17.3% | +64.8% |
| 2008 | 20.8% | +19.8% |
| 2009 | 0.1% | -99.5% |
| 2010 | 10.6% | +9891.5% |
| 2011 | -0.1% | -100.5% |
| 2012 | 13.3% | -26491.2% |
| 2013 | 0.4% | -97.4% |
| 2014 | 11.8% | +3264.7% |
| 2015 | -4.2% | -135.3% |
| 2016 | -13.1% | +214.4% |
| 2017 | -11.5% | -12.1% |
| 2018 | 6.4% | -155.3% |
| 2019 | -0.1% | -101.7% |
| 2020 | -12.7% | +11891.1% |
| 2021 | 12.6% | -199.6% |
| 2022 | 9.5% | -24.8% |
| 2023 | 1.0% | -89.7% |
| 2024 | 7.0% | +615.7% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Middle 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 |
|---|---|---|---|
| 2012 | +26491.2% | -0.1% | 13.3% |
| 2020 | -11891.1% | -0.1% | -12.7% |
| 2010 | +9891.5% | 0.1% | 10.6% |
| 2014 | +3264.7% | 0.4% | 11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.9% | 0.1% | 20.8% | 7 |
| 2010s | 1.4% | -13.1% | 13.3% | 10 |
| 2020s | 3.5% | -12.7% | 12.6% | 5 |
Countries ranked near Middle Africa
More economy & growth data for Middle Africa
- Gross Domestic Product — Annual growth US$ per capita 0.2868 % (2024)
- Gross Domestic Product — Value US$, annual growth rate 3.59 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 8.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 122,785 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 57,522 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.45 % (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,293 USD (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Middle Africa?
- Annual growth of the gross capital formation in Middle Africa was 7.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Middle Africa?
- The highest recorded value was 20.8% in 2008.
- What is the lowest annual growth of the gross capital formation recorded in Middle Africa?
- The lowest recorded value was -13.1% in 2016.
- How does Middle Africa rank for annual growth of the gross capital formation?
- Middle Africa ranks 2nd out of 30 groups with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Middle Africa?
- Over the last ten years it is down 40.2%. The long-run trend across the full record is volatile.
- Where does this Middle 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.
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