Gross capital formation in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Gross capital formation was 5.4% in 2025. ◆ Volatile
Gross capital formation in Sub-Saharan Africa (excluding high income), 2003–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Sub-Saharan Africa (excluding high income) is 5.4%, measured in 2025.
That represents a change of up 96.4% on the previous year and up 164.9% over ten years.
Over the whole period, gross capital formation in Sub-Saharan Africa (excluding high income) peaked at 15.1% in 2008 and was at its lowest, -6.2%, in 2020.
Sub-Saharan Africa (excluding high income) ranks 6th of 40 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Sub-Saharan Africa (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 11.5% | — |
| 2004 | 12.1% | +5.5% |
| 2005 | 6.8% | -44.1% |
| 2006 | 13.1% | +93.3% |
| 2007 | 12.3% | -6.0% |
| 2008 | 15.1% | +22.9% |
| 2009 | -4.8% | -131.5% |
| 2010 | 7.1% | -249.6% |
| 2011 | 6.2% | -12.8% |
| 2012 | 12.7% | +105.2% |
| 2013 | 3.4% | -73.6% |
| 2014 | 7.1% | +111.6% |
| 2015 | 2.1% | -71.1% |
| 2016 | -0.8% | -137.7% |
| 2017 | 0.3% | -138.5% |
| 2018 | 5.7% | +1818.3% |
| 2019 | 2.4% | -57.2% |
| 2020 | -6.2% | -355.0% |
| 2021 | 7.7% | -223.6% |
| 2022 | 10.5% | +36.8% |
| 2023 | 0.1% | -99.0% |
| 2024 | 2.8% | +2562.7% |
| 2025 | 5.4% | +96.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | -4.8% | 15.1% | 7 |
| 2010s | 4.6% | -0.8% | 12.7% | 10 |
| 2020s | 3.4% | -6.2% | 10.5% | 6 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 3 Tunisia 69.7% compare
- 4 Kyrgyzstan 42.9% compare
- 5 Ireland 39.8% compare
- 6 El Salvador 34.5% compare
- 7 Timor-Leste 32.2% compare
- 8 Kiribati 32.1% compare
- 9 Guinea 26.8% compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.36 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.147 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 245.62 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7.79 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.8257 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,380 current US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.1 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 1,655 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.9901 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 3.8 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Sub-Saharan Africa (excluding high income)?
- Gross capital formation in Sub-Saharan Africa (excluding high income) was 5.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 15.1% in 2008.
- What is the lowest gross capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -6.2% in 2020.
- How does Sub-Saharan Africa (excluding high income) rank for gross capital formation?
- Sub-Saharan Africa (excluding high income) ranks 6th out of 40 groups with data for 2025.
- Is gross capital formation rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 164.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.