Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Africa
Africa: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 88.82 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in Africa stood at 88.82 USD.
The figure is down 10.0% on the previous year and down 22.3% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Africa peaked at 114.24 USD in 2014 and was at its lowest, 31.91 USD, in 1970.
Africa ranks 24th of 25 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Africa, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 31.91 USD | — |
| 1971 | 35.18 USD | +10.3% |
| 1972 | 40.34 USD | +14.7% |
| 1973 | 41.69 USD | +3.3% |
| 1974 | 50.99 USD | +22.3% |
| 1975 | 62.99 USD | +23.5% |
| 1976 | 74.48 USD | +18.3% |
| 1977 | 79.26 USD | +6.4% |
| 1978 | 86.87 USD | +9.6% |
| 1979 | 95.02 USD | +9.4% |
| 1980 | 113.43 USD | +19.4% |
| 1981 | 109.78 USD | -3.2% |
| 1982 | 113.99 USD | +3.8% |
| 1983 | 113.64 USD | -0.3% |
| 1984 | 102.55 USD | -9.8% |
| 1985 | 90.33 USD | -11.9% |
| 1986 | 79.07 USD | -12.5% |
| 1987 | 66.85 USD | -15.5% |
| 1988 | 66.52 USD | -0.5% |
| 1989 | 65.54 USD | -1.5% |
| 1990 | 69.24 USD | +5.6% |
| 1991 | 63.47 USD | -8.3% |
| 1992 | 59.53 USD | -6.2% |
| 1993 | 64.06 USD | +7.6% |
| 1994 | 59.4 USD | -7.3% |
| 1995 | 61.03 USD | +2.7% |
| 1996 | 57.23 USD | -6.2% |
| 1997 | 56.87 USD | -0.6% |
| 1998 | 54.88 USD | -3.5% |
| 1999 | 55.09 USD | +0.4% |
| 2000 | 52.75 USD | -4.3% |
| 2001 | 58.31 USD | +10.5% |
| 2002 | 58.88 USD | +1.0% |
| 2003 | 63.35 USD | +7.6% |
| 2004 | 73.23 USD | +15.6% |
| 2005 | 80.1 USD | +9.4% |
| 2006 | 85.37 USD | +6.6% |
| 2007 | 94.18 USD | +10.3% |
| 2008 | 104.87 USD | +11.3% |
| 2009 | 101.18 USD | -3.5% |
| 2010 | 105.86 USD | +4.6% |
| 2011 | 113.67 USD | +7.4% |
| 2012 | 110.94 USD | -2.4% |
| 2013 | 111.51 USD | +0.5% |
| 2014 | 114.24 USD | +2.4% |
| 2015 | 100 USD | -12.5% |
| 2016 | 92.42 USD | -7.6% |
| 2017 | 94.08 USD | +1.8% |
| 2018 | 97.13 USD | +3.2% |
| 2019 | 102.39 USD | +5.4% |
| 2020 | 102.04 USD | -0.3% |
| 2021 | 107.48 USD | +5.3% |
| 2022 | 105.24 USD | -2.1% |
| 2023 | 98.67 USD | -6.2% |
| 2024 | 88.82 USD | -10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.87 USD | 31.91 USD | 95.02 USD | 10 |
| 1980s | 92.17 USD | 65.54 USD | 113.99 USD | 10 |
| 1990s | 60.08 USD | 54.88 USD | 69.24 USD | 10 |
| 2000s | 77.22 USD | 52.75 USD | 104.87 USD | 10 |
| 2010s | 104.23 USD | 92.42 USD | 114.24 USD | 10 |
| 2020s | 100.45 USD | 88.82 USD | 107.48 USD | 5 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.95 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.98 % (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Africa?
- Gross fixed capital formation deflator — value us$, 2015 prices in Africa was 88.82 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Africa?
- The highest recorded value was 114.24 USD in 2014.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Africa?
- The lowest recorded value was 31.91 USD in 1970.
- How does Africa rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Africa ranks 24th out of 25 groups with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Africa?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).