GDFI - private in Africa

Africa: GDFI - private was 264.69 billion current US$ in 2008. ◆ Volatile

Latest (2008)
264.69 billion current US$
Change on year
up 40.1%
Rank
1st
of 5 groups
All-time high
264.69 billion current US$
in 2008
All-time low
42.16 billion current US$
in 1985
Years of data
30
1979–2008

GDFI - private in Africa, 1979–2008

50.0B100.0B150.0B200.0B250.0B1979199320081979: 47.0B current US$1980: 49.8B current US$1981: 52.6B current US$1982: 49.4B current US$1983: 47.7B current US$1984: 46.3B current US$1985: 42.2B current US$1986: 50.1B current US$1987: 54.3B current US$1988: 56.8B current US$1989: 61.9B current US$1990: 65.2B current US$1991: 60.1B current US$1992: 57.9B current US$1993: 57.0B current US$1994: 57.3B current US$1995: 65.6B current US$1996: 66.0B current US$1997: 65.5B current US$1998: 73.1B current US$1999: 74.2B current US$2000: 70.2B current US$2001: 69.7B current US$2002: 70.9B current US$2003: 87.3B current US$2004: 105.9B current US$2005: 123.2B current US$2006: 148.1B current US$2007: 188.9B current US$2008: 264.7B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 South Africa 48.04 billion current US$ compare
  2. 2 Egypt 27.75 billion current US$ compare
  3. 3 Morocco 25.00 billion current US$ compare
  4. 4 Algeria 17.45 billion current US$ compare

See the full ranking of 54 places →

More economy & growth data for Africa

All data for Africa →

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

Indicator
GDFI - private (current US$)
Unit
current US$
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 1,621 data points, 1960–2011
Last refreshed

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.