Gross capital formation in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Gross capital formation was 510.63 billion current US$ in 2025. ◆ Volatile
Gross capital formation in Sub-Saharan Africa (excluding high income), 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Sub-Saharan Africa (excluding high income) is 510.63 billion current US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 7.2% on the previous year and up 23.7% over ten years.
Over the whole period, gross capital formation in Sub-Saharan Africa (excluding high income) peaked at 510.63 billion current US$ in 2025 and was at its lowest, 77.70 billion current US$, in 1993.
Sub-Saharan Africa (excluding high income) ranks 35th of 43 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Sub-Saharan Africa (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 88.27 billion current US$ | — |
| 1991 | 91.23 billion current US$ | +3.4% |
| 1992 | 81.70 billion current US$ | -10.4% |
| 1993 | 77.70 billion current US$ | -4.9% |
| 1994 | 84.90 billion current US$ | +9.3% |
| 1995 | 96.85 billion current US$ | +14.1% |
| 1996 | 96.74 billion current US$ | -0.1% |
| 1997 | 97.13 billion current US$ | +0.4% |
| 1998 | 100.02 billion current US$ | +3.0% |
| 1999 | 94.34 billion current US$ | -5.7% |
| 2000 | 98.58 billion current US$ | +4.5% |
| 2001 | 91.28 billion current US$ | -7.4% |
| 2002 | 92.57 billion current US$ | +1.4% |
| 2003 | 126.03 billion current US$ | +36.1% |
| 2004 | 163.53 billion current US$ | +29.8% |
| 2005 | 187.97 billion current US$ | +14.9% |
| 2006 | 216.88 billion current US$ | +15.4% |
| 2007 | 264.71 billion current US$ | +22.1% |
| 2008 | 321.31 billion current US$ | +21.4% |
| 2009 | 313.59 billion current US$ | -2.4% |
| 2010 | 346.26 billion current US$ | +10.4% |
| 2011 | 398.51 billion current US$ | +15.1% |
| 2012 | 422.73 billion current US$ | +6.1% |
| 2013 | 450.32 billion current US$ | +6.5% |
| 2014 | 472.26 billion current US$ | +4.9% |
| 2015 | 412.84 billion current US$ | -12.6% |
| 2016 | 370.56 billion current US$ | -10.2% |
| 2017 | 410.17 billion current US$ | +10.7% |
| 2018 | 435.07 billion current US$ | +6.1% |
| 2019 | 431.03 billion current US$ | -0.9% |
| 2020 | 376.54 billion current US$ | -12.6% |
| 2021 | 441.75 billion current US$ | +17.3% |
| 2022 | 494.58 billion current US$ | +12.0% |
| 2023 | 475.76 billion current US$ | -3.8% |
| 2024 | 476.44 billion current US$ | +0.1% |
| 2025 | 510.63 billion current US$ | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.89 billion current US$ | 77.70 billion current US$ | 100.02 billion current US$ | 10 |
| 2000s | 187.64 billion current US$ | 91.28 billion current US$ | 321.31 billion current US$ | 10 |
| 2010s | 414.98 billion current US$ | 346.26 billion current US$ | 472.26 billion current US$ | 10 |
| 2020s | 462.62 billion current US$ | 376.54 billion current US$ | 510.63 billion current US$ | 6 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 32 Algeria 129.93 billion current US$ compare
- 33 Thailand 127.35 billion current US$ compare
- 34 Norway 123.20 billion current US$ compare
- 35 Romania 111.03 billion current US$ compare
- 36 Argentina 110.07 billion current US$ compare
- 37 Philippines 107.84 billion current US$ compare
- 38 Czechia 104.62 billion current US$ compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- GDP (current US$), annual growth rate 11.12 % change on previous year (2025)
- Imports of goods and services 4.5% (2025)
- Imports of goods and services 27.8% (2025)
- External balance on goods and services -0.0% (2025)
- Trade 55.5% (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,521 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 379.82 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.7% (2025)
- Industry (including construction), value added 25.1% (2025)
- Industry (including construction), value added 4.1% (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 510.63 billion current 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 510.63 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 77.70 billion current US$ in 1993.
- How does Sub-Saharan Africa (excluding high income) rank for gross capital formation?
- Sub-Saharan Africa (excluding high income) ranks 35th out of 43 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 23.7%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.