GDFI - private in Africa
Africa: GDFI - private was 264.69 billion current US$ in 2008. ◆ Volatile
GDFI - private in Africa, 1979–2008
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Africa recorded 264.69 billion current US$ for gdfi - private in 2008. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 40.1% on the previous year and up 262.2% over ten years.
Over the whole period, gdfi - private in Africa peaked at 264.69 billion current US$ in 2008 and was at its lowest, 42.16 billion current US$, in 1985.
The series is highly variable year to year, so single readings are best treated with caution.
GDFI - private in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 46.99 billion current US$ | — |
| 1980 | 49.83 billion current US$ | +6.0% |
| 1981 | 52.59 billion current US$ | +5.5% |
| 1982 | 49.42 billion current US$ | -6.0% |
| 1983 | 47.66 billion current US$ | -3.6% |
| 1984 | 46.28 billion current US$ | -2.9% |
| 1985 | 42.16 billion current US$ | -8.9% |
| 1986 | 50.08 billion current US$ | +18.8% |
| 1987 | 54.35 billion current US$ | +8.5% |
| 1988 | 56.83 billion current US$ | +4.6% |
| 1989 | 61.95 billion current US$ | +9.0% |
| 1990 | 65.21 billion current US$ | +5.3% |
| 1991 | 60.07 billion current US$ | -7.9% |
| 1992 | 57.86 billion current US$ | -3.7% |
| 1993 | 57.04 billion current US$ | -1.4% |
| 1994 | 57.33 billion current US$ | +0.5% |
| 1995 | 65.60 billion current US$ | +14.4% |
| 1996 | 65.95 billion current US$ | +0.5% |
| 1997 | 65.54 billion current US$ | -0.6% |
| 1998 | 73.08 billion current US$ | +11.5% |
| 1999 | 74.16 billion current US$ | +1.5% |
| 2000 | 70.17 billion current US$ | -5.4% |
| 2001 | 69.69 billion current US$ | -0.7% |
| 2002 | 70.85 billion current US$ | +1.7% |
| 2003 | 87.27 billion current US$ | +23.2% |
| 2004 | 105.86 billion current US$ | +21.3% |
| 2005 | 123.20 billion current US$ | +16.4% |
| 2006 | 148.06 billion current US$ | +20.2% |
| 2007 | 188.90 billion current US$ | +27.6% |
| 2008 | 264.69 billion current US$ | +40.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.99 billion current US$ | 46.99 billion current US$ | 46.99 billion current US$ | 1 |
| 1980s | 51.12 billion current US$ | 42.16 billion current US$ | 61.95 billion current US$ | 10 |
| 1990s | 64.18 billion current US$ | 57.04 billion current US$ | 74.16 billion current US$ | 10 |
| 2000s | 125.41 billion current US$ | 69.69 billion current US$ | 264.69 billion current US$ | 9 |
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$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is gdfi - private in Africa?
- Gdfi - private in Africa was 264.69 billion current US$ in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gdfi - private recorded in Africa?
- The highest recorded value was 264.69 billion current US$ in 2008.
- What is the lowest gdfi - private recorded in Africa?
- The lowest recorded value was 42.16 billion current US$ in 1985.
- How does Africa rank for gdfi - private?
- Africa ranks 1st out of 5 groups with data for 2008.
- Is gdfi - private rising or falling in Africa?
- Over the last ten years it is up 262.2%. 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 GDFI - private (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in current U.S. dollars.