Gross capital formation in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Gross capital formation was 538.73 billion constant 2015 US$ in 2025. ▲ Rising
Gross capital formation in Sub-Saharan Africa (excluding high income), 2002–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Sub-Saharan Africa (excluding high income) recorded 538.73 billion constant 2015 US$ for gross capital formation in 2025. That is the highest value across all 24 years on record.
That represents a change of up 5.4% on the previous year and up 30.5% over ten years.
Over the whole period, gross capital formation in Sub-Saharan Africa (excluding high income) peaked at 538.73 billion constant 2015 US$ in 2025 and was at its lowest, 153.50 billion constant 2015 US$, in 2002.
Sub-Saharan Africa (excluding high income) ranks 30th of 40 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Gross capital formation in Sub-Saharan Africa (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 153.50 billion constant 2015 US$ | — |
| 2003 | 171.10 billion constant 2015 US$ | +11.5% |
| 2004 | 191.79 billion constant 2015 US$ | +12.1% |
| 2005 | 204.76 billion constant 2015 US$ | +6.8% |
| 2006 | 231.53 billion constant 2015 US$ | +13.1% |
| 2007 | 259.99 billion constant 2015 US$ | +12.3% |
| 2008 | 299.25 billion constant 2015 US$ | +15.1% |
| 2009 | 285.04 billion constant 2015 US$ | -4.8% |
| 2010 | 305.30 billion constant 2015 US$ | +7.1% |
| 2011 | 324.21 billion constant 2015 US$ | +6.2% |
| 2012 | 365.44 billion constant 2015 US$ | +12.7% |
| 2013 | 377.71 billion constant 2015 US$ | +3.4% |
| 2014 | 404.55 billion constant 2015 US$ | +7.1% |
| 2015 | 412.84 billion constant 2015 US$ | +2.1% |
| 2016 | 409.65 billion constant 2015 US$ | -0.8% |
| 2017 | 410.87 billion constant 2015 US$ | +0.3% |
| 2018 | 434.35 billion constant 2015 US$ | +5.7% |
| 2019 | 444.96 billion constant 2015 US$ | +2.4% |
| 2020 | 417.24 billion constant 2015 US$ | -6.2% |
| 2021 | 449.36 billion constant 2015 US$ | +7.7% |
| 2022 | 496.69 billion constant 2015 US$ | +10.5% |
| 2023 | 497.21 billion constant 2015 US$ | +0.1% |
| 2024 | 510.97 billion constant 2015 US$ | +2.8% |
| 2025 | 538.73 billion constant 2015 US$ | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 224.62 billion constant 2015 US$ | 153.50 billion constant 2015 US$ | 299.25 billion constant 2015 US$ | 8 |
| 2010s | 388.99 billion constant 2015 US$ | 305.30 billion constant 2015 US$ | 444.96 billion constant 2015 US$ | 10 |
| 2020s | 485.03 billion constant 2015 US$ | 417.24 billion constant 2015 US$ | 538.73 billion constant 2015 US$ | 6 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 27 Singapore 106.08 billion constant 2015 US$ compare
- 28 Argentina 103.96 billion constant 2015 US$ compare
- 29 Israel 103.93 billion constant 2015 US$ compare
- 30 Norway 103.74 billion constant 2015 US$ compare
- 31 Bangladesh 102.98 billion constant 2015 US$ compare
- 32 Philippines 101.95 billion constant 2015 US$ compare
- 33 Malaysia 101.08 billion constant 2015 US$ compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- Gross fixed capital formation (current US$), per capita 384.03 current US$ per person (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2298 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), annual growth rate 8.04 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per capita 357.21 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2137 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.59 % change on previous year (2025)
- Services, value added 1.15 trillion constant 2015 US$ (2025)
- Services, value added (current US$), annual growth rate 11.83 % change on previous year (2025)
- Industry (including construction), value added 553.68 billion current US$ (2025)
- Industry (including construction), value added 477.83 billion constant 2015 US$ (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 538.73 billion constant 2015 US$ 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 538.73 billion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 153.50 billion constant 2015 US$ in 2002.
- How does Sub-Saharan Africa (excluding high income) rank for gross capital formation?
- Sub-Saharan Africa (excluding high income) ranks 30th 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 30.5%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.