Gross fixed capital formation in Sub-Saharan Africa
Sub-Saharan Africa: Gross fixed capital formation was 3.6% in 2025. ◆ Volatile
Gross fixed capital formation in Sub-Saharan Africa, 2003–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Sub-Saharan Africa recorded 3.6% for gross fixed capital formation in 2025.
The figure is down 26.2% on the previous year and up 60.0% over ten years.
Over the whole period, gross fixed capital formation in Sub-Saharan Africa peaked at 15.5% in 2007 and was at its lowest, -6.5%, in 2020.
Sub-Saharan Africa ranks 10th of 31 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Sub-Saharan Africa, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 7.2% | — |
| 2004 | 10.2% | +43.0% |
| 2005 | 10.7% | +5.1% |
| 2006 | 11.7% | +9.2% |
| 2007 | 15.5% | +31.8% |
| 2008 | 14.9% | -3.7% |
| 2009 | -1.9% | -112.9% |
| 2010 | 2.2% | -216.2% |
| 2011 | 8.5% | +278.5% |
| 2012 | 9.7% | +14.1% |
| 2013 | 3.3% | -66.1% |
| 2014 | 6.4% | +95.2% |
| 2015 | 2.3% | -64.7% |
| 2016 | 2.8% | +26.0% |
| 2017 | -1.8% | -162.0% |
| 2018 | 4.1% | -332.5% |
| 2019 | 3.2% | -23.1% |
| 2020 | -6.5% | -305.5% |
| 2021 | 8.0% | -223.7% |
| 2022 | 7.9% | -2.0% |
| 2023 | 2.3% | -71.3% |
| 2024 | 4.9% | +116.6% |
| 2025 | 3.6% | -26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.8% | -1.9% | 15.5% | 7 |
| 2010s | 4.1% | -1.8% | 9.7% | 10 |
| 2020s | 3.4% | -6.5% | 8.0% | 6 |
Countries ranked near Sub-Saharan Africa
- 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
- 13 Syrian Arab Republic 19.5% compare
More economy & growth data for Sub-Saharan Africa
- GDP (current US$), annual growth rate 11.12 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.26 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2162 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9096 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,522 constant 2015 US$ per person (2025)
- GDP (current US$), per capita 1,673 current US$ per person (2025)
- Industry (including construction), value added (current US$), per 419.19 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,562 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.06 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Sub-Saharan Africa?
- Gross fixed capital formation in Sub-Saharan Africa 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?
- The highest recorded value was 15.5% in 2007.
- What is the lowest gross fixed capital formation recorded in Sub-Saharan Africa?
- The lowest recorded value was -6.5% in 2020.
- How does Sub-Saharan Africa rank for gross fixed capital formation?
- Sub-Saharan Africa ranks 10th out of 31 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 60.0%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa 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.
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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.