Gross fixed capital formation in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Gross fixed capital formation was 3.6% in 2025. ◆ Volatile
Gross fixed capital formation in Sub-Saharan Africa (excluding high income), 2003–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, gross fixed capital formation in Sub-Saharan Africa (excluding high income) stood at 3.6%.
That represents a change of down 26.6% on the previous year and up 60.1% over ten years.
Over the whole period, gross fixed capital formation in Sub-Saharan Africa (excluding high income) peaked at 15.5% in 2007 and was at its lowest, -6.5%, in 2020.
That places Sub-Saharan Africa (excluding high income) 9th out of 33 groups with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Sub-Saharan Africa (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 7.3% | — |
| 2004 | 10.3% | +41.1% |
| 2005 | 10.8% | +4.8% |
| 2006 | 11.7% | +9.2% |
| 2007 | 15.5% | +31.5% |
| 2008 | 14.9% | -3.3% |
| 2009 | -1.9% | -112.9% |
| 2010 | 2.2% | -213.8% |
| 2011 | 8.5% | +288.1% |
| 2012 | 9.6% | +13.7% |
| 2013 | 3.3% | -66.3% |
| 2014 | 6.4% | +96.8% |
| 2015 | 2.3% | -64.7% |
| 2016 | 2.8% | +25.8% |
| 2017 | -1.8% | -162.4% |
| 2018 | 4.1% | -332.2% |
| 2019 | 3.2% | -23.5% |
| 2020 | -6.5% | -305.4% |
| 2021 | 8.1% | -224.6% |
| 2022 | 7.9% | -2.6% |
| 2023 | 2.2% | -72.0% |
| 2024 | 4.9% | +123.8% |
| 2025 | 3.6% | -26.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.8% | -1.9% | 15.5% | 7 |
| 2010s | 4.1% | -1.8% | 9.6% | 10 |
| 2020s | 3.4% | -6.5% | 8.1% | 6 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 6 Guinea 26.0% compare
- 7 El Salvador 22.6% compare
- 8 Sao Tome and Principe 22.2% compare
- 9 Nicaragua 21.3% compare
- 10 Kyrgyzstan 21.1% compare
- 11 Bahamas 20.7% compare
- 12 Sierra Leone 19.7% compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- Final consumption expenditure (current US$), per unit of GDP 0.9901 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.36 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.711 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,188 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.1 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 4.29 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 1,424 constant 2015 US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.8522 constant 2015 US$ 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$), per capita 1,655 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Sub-Saharan Africa (excluding high income)?
- Gross fixed capital formation in Sub-Saharan Africa (excluding high income) was 3.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 15.5% in 2007.
- What is the lowest gross fixed capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -6.5% in 2020.
- How does Sub-Saharan Africa (excluding high income) rank for gross fixed capital formation?
- Sub-Saharan Africa (excluding high income) ranks 9th out of 33 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 60.1%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.