GDFI - public sector (current US$) in Africa
Africa: GDFI - public sector (current US$) was 102.96 billion current US$ in 2008. ▲ Rising
GDFI - public sector in Africa, 1986–2008
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Africa recorded 102.96 billion current US$ for gdfi - public sector in 2008. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 16.0% on the previous year and up 172.6% over ten years.
Over the whole period, gdfi - public sector in Africa peaked at 102.96 billion current US$ in 2008 and was at its lowest, 26.12 billion current US$, in 1991.
The long-run direction has been consistently rising across the 23 years of available data.
GDFI - public sector (current US$) in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 31.64 billion current US$ | — |
| 1987 | 34.60 billion current US$ | +9.4% |
| 1988 | 36.02 billion current US$ | +4.1% |
| 1989 | 31.95 billion current US$ | -11.3% |
| 1990 | 30.69 billion current US$ | -4.0% |
| 1991 | 26.12 billion current US$ | -14.9% |
| 1992 | 27.93 billion current US$ | +7.0% |
| 1993 | 29.10 billion current US$ | +4.2% |
| 1994 | 29.82 billion current US$ | +2.5% |
| 1995 | 32.21 billion current US$ | +8.0% |
| 1996 | 34.04 billion current US$ | +5.7% |
| 1997 | 37.17 billion current US$ | +9.2% |
| 1998 | 37.76 billion current US$ | +1.6% |
| 1999 | 34.38 billion current US$ | -9.0% |
| 2000 | 35.31 billion current US$ | +2.7% |
| 2001 | 34.57 billion current US$ | -2.1% |
| 2002 | 36.37 billion current US$ | +5.2% |
| 2003 | 41.31 billion current US$ | +13.6% |
| 2004 | 48.64 billion current US$ | +17.7% |
| 2005 | 56.87 billion current US$ | +16.9% |
| 2006 | 72.36 billion current US$ | +27.2% |
| 2007 | 88.74 billion current US$ | +22.6% |
| 2008 | 102.96 billion current US$ | +16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.56 billion current US$ | 31.64 billion current US$ | 36.02 billion current US$ | 4 |
| 1990s | 31.92 billion current US$ | 26.12 billion current US$ | 37.76 billion current US$ | 10 |
| 2000s | 57.46 billion current US$ | 34.57 billion current US$ | 102.96 billion current US$ | 9 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 7.25 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -9.98 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 10.34 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.89 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -6.42 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 3.95 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.95 % (2024)
Frequently asked questions
- What is gdfi - public sector in Africa?
- Gdfi - public sector in Africa was 102.96 billion current US$ in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gdfi - public sector recorded in Africa?
- The highest recorded value was 102.96 billion current US$ in 2008.
- What is the lowest gdfi - public sector recorded in Africa?
- The lowest recorded value was 26.12 billion current US$ in 1991.
- How does Africa rank for gdfi - public sector?
- Africa ranks 1st out of 5 groups with data for 2008.
- Is gdfi - public sector rising or falling in Africa?
- Over the last ten years it is up 172.6%. The long-run trend across the full record is rising.
- 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 - public sector (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public sectors’ 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 measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in current U.S. dollars.