Gross fixed capital formation in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Gross fixed capital formation was 526.36 billion constant 2015 US$ in 2025. ▲ Rising
Gross fixed 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$.
Analysis
In 2025, gross fixed capital formation in Sub-Saharan Africa (excluding high income) stood at 526.36 billion constant 2015 US$. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 31.4% over ten years.
Over the whole period, gross fixed capital formation in Sub-Saharan Africa (excluding high income) peaked at 526.36 billion constant 2015 US$ in 2025 and was at its lowest, 153.88 billion constant 2015 US$, in 2002.
That places Sub-Saharan Africa (excluding high income) 23rd out of 33 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Gross fixed capital formation in Sub-Saharan Africa (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 153.88 billion constant 2015 US$ | — |
| 2003 | 165.07 billion constant 2015 US$ | +7.3% |
| 2004 | 182.01 billion constant 2015 US$ | +10.3% |
| 2005 | 201.59 billion constant 2015 US$ | +10.8% |
| 2006 | 225.28 billion constant 2015 US$ | +11.7% |
| 2007 | 260.09 billion constant 2015 US$ | +15.5% |
| 2008 | 298.97 billion constant 2015 US$ | +14.9% |
| 2009 | 293.23 billion constant 2015 US$ | -1.9% |
| 2010 | 299.64 billion constant 2015 US$ | +2.2% |
| 2011 | 325.07 billion constant 2015 US$ | +8.5% |
| 2012 | 356.43 billion constant 2015 US$ | +9.6% |
| 2013 | 368.03 billion constant 2015 US$ | +3.3% |
| 2014 | 391.59 billion constant 2015 US$ | +6.4% |
| 2015 | 400.45 billion constant 2015 US$ | +2.3% |
| 2016 | 411.84 billion constant 2015 US$ | +2.8% |
| 2017 | 404.53 billion constant 2015 US$ | -1.8% |
| 2018 | 421.20 billion constant 2015 US$ | +4.1% |
| 2019 | 434.47 billion constant 2015 US$ | +3.2% |
| 2020 | 406.34 billion constant 2015 US$ | -6.5% |
| 2021 | 439.12 billion constant 2015 US$ | +8.1% |
| 2022 | 473.64 billion constant 2015 US$ | +7.9% |
| 2023 | 484.08 billion constant 2015 US$ | +2.2% |
| 2024 | 507.97 billion constant 2015 US$ | +4.9% |
| 2025 | 526.36 billion constant 2015 US$ | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 222.52 billion constant 2015 US$ | 153.88 billion constant 2015 US$ | 298.97 billion constant 2015 US$ | 8 |
| 2010s | 381.33 billion constant 2015 US$ | 299.64 billion constant 2015 US$ | 434.47 billion constant 2015 US$ | 10 |
| 2020s | 472.92 billion constant 2015 US$ | 406.34 billion constant 2015 US$ | 526.36 billion constant 2015 US$ | 6 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 20 Sweden 143.80 billion constant 2015 US$ compare
- 21 Viet Nam 141.05 billion constant 2015 US$ compare
- 22 Poland 130.74 billion constant 2015 US$ compare
- 23 Belgium 129.57 billion constant 2015 US$ compare
- 24 Thailand 116.14 billion constant 2015 US$ compare
- 25 Ireland 115.27 billion constant 2015 US$ compare
- 26 Norway 113.93 billion constant 2015 US$ compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- Manufacturing, value added 202.64 billion constant 2015 US$ (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$), per unit 0.9097 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 379.82 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.7% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,521 constant 2015 US$ per person (2025)
- Industry (including construction), value added 25.1% (2025)
- Industry (including construction), value added 4.1% (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 526.36 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 526.36 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 153.88 billion constant 2015 US$ in 2002.
- How does Sub-Saharan Africa (excluding high income) rank for gross fixed capital formation?
- Sub-Saharan Africa (excluding high income) ranks 23rd 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 31.4%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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 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.