Construction, value added in Africa
Africa: Construction, value added was 64.25 billion current US$ in 2007. ◆ Volatile
Latest (2007)
64.25 billion current US$
Change on year
up 26.5%
Rank
1st
of 3 groups
All-time high
64.25 billion current US$
in 2007
All-time low
2.32 billion current US$
in 1965
Years of data
43
1965–2007
Construction, value added in Africa, 1965–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for construction, value added in Africa is 64.25 billion current US$, measured in 2007. That is the highest value across all 43 years on record.
The figure is up 26.5% on the previous year and up 150.3% over ten years.
Over the whole period, construction, value added in Africa peaked at 64.25 billion current US$ in 2007 and was at its lowest, 2.32 billion current US$, in 1965.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 2.32 billion current US$ | — |
| 1966 | 2.38 billion current US$ | +2.6% |
| 1967 | 2.58 billion current US$ | +8.1% |
| 1968 | 2.81 billion current US$ | +9.2% |
| 1969 | 3.09 billion current US$ | +9.9% |
| 1970 | 3.54 billion current US$ | +14.5% |
| 1971 | 3.93 billion current US$ | +11.1% |
| 1972 | 4.73 billion current US$ | +20.3% |
| 1973 | 6.02 billion current US$ | +27.3% |
| 1974 | 7.38 billion current US$ | +22.6% |
| 1975 | 9.81 billion current US$ | +33.0% |
| 1976 | 11.30 billion current US$ | +15.1% |
| 1977 | 12.62 billion current US$ | +11.7% |
| 1978 | 14.66 billion current US$ | +16.2% |
| 1979 | 17.41 billion current US$ | +18.8% |
| 1980 | 19.70 billion current US$ | +13.2% |
| 1981 | 20.26 billion current US$ | +2.8% |
| 1982 | 21.34 billion current US$ | +5.3% |
| 1983 | 21.92 billion current US$ | +2.7% |
| 1984 | 22.62 billion current US$ | +3.2% |
| 1985 | 22.79 billion current US$ | +0.8% |
| 1986 | 27.27 billion current US$ | +19.6% |
| 1987 | 28.65 billion current US$ | +5.1% |
| 1988 | 25.43 billion current US$ | -11.3% |
| 1989 | 25.69 billion current US$ | +1.0% |
| 1990 | 25.76 billion current US$ | +0.3% |
| 1991 | 22.85 billion current US$ | -11.3% |
| 1992 | 23.19 billion current US$ | +1.5% |
| 1993 | 23.54 billion current US$ | +1.5% |
| 1994 | 22.60 billion current US$ | -4.0% |
| 1995 | 24.12 billion current US$ | +6.7% |
| 1996 | 24.25 billion current US$ | +0.5% |
| 1997 | 25.67 billion current US$ | +5.9% |
| 1998 | 26.49 billion current US$ | +3.2% |
| 1999 | 24.34 billion current US$ | -8.1% |
| 2000 | 25.68 billion current US$ | +5.5% |
| 2001 | 25.89 billion current US$ | +0.8% |
| 2002 | 26.65 billion current US$ | +2.9% |
| 2003 | 31.20 billion current US$ | +17.1% |
| 2004 | 36.84 billion current US$ | +18.1% |
| 2005 | 42.57 billion current US$ | +15.5% |
| 2006 | 50.79 billion current US$ | +19.3% |
| 2007 | 64.25 billion current US$ | +26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.64 billion current US$ | 2.32 billion current US$ | 3.09 billion current US$ | 5 |
| 1970s | 9.14 billion current US$ | 3.54 billion current US$ | 17.41 billion current US$ | 10 |
| 1980s | 23.57 billion current US$ | 19.70 billion current US$ | 28.65 billion current US$ | 10 |
| 1990s | 24.28 billion current US$ | 22.60 billion current US$ | 26.49 billion current US$ | 10 |
| 2000s | 37.98 billion current US$ | 25.68 billion current US$ | 64.25 billion current US$ | 8 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,011 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is construction, value added in Africa?
- Construction, value added in Africa was 64.25 billion current US$ in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Africa?
- The highest recorded value was 64.25 billion current US$ in 2007.
- What is the lowest construction, value added recorded in Africa?
- The lowest recorded value was 2.32 billion current US$ in 1965.
- How does Africa rank for construction, value added?
- Africa ranks 1st out of 3 groups with data for 2007.
- Is construction, value added rising or falling in Africa?
- Over the last ten years it is up 150.3%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current U.S. dollars.