Gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Gross fixed capital formation was 23.0% in 2025. ▲ Rising
Gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries), 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Sub-Saharan Africa (IDA & IBRD countries) recorded 23.0% for gross fixed capital formation in 2025.
Compared with earlier readings it is down 2.8% on the previous year and down 3.3% over ten years.
Over the whole period, gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries) peaked at 25.8% in 2009 and was at its lowest, 17.1%, in 1997.
Sub-Saharan Africa (IDA & IBRD countries) ranks 24th of 43 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 23.6% | — |
| 1991 | 22.2% | -6.0% |
| 1992 | 22.8% | +2.8% |
| 1993 | 21.8% | -4.5% |
| 1994 | 21.5% | -1.3% |
| 1995 | 18.9% | -12.1% |
| 1996 | 17.9% | -5.2% |
| 1997 | 17.1% | -4.7% |
| 1998 | 17.2% | +0.6% |
| 1999 | 22.1% | +28.8% |
| 2000 | 21.8% | -1.3% |
| 2001 | 21.7% | -0.8% |
| 2002 | 20.1% | -7.3% |
| 2003 | 21.1% | +5.2% |
| 2004 | 21.5% | +1.7% |
| 2005 | 21.7% | +0.9% |
| 2006 | 21.2% | -2.3% |
| 2007 | 23.0% | +8.6% |
| 2008 | 24.4% | +6.0% |
| 2009 | 25.8% | +5.9% |
| 2010 | 23.2% | -10.2% |
| 2011 | 23.5% | +1.4% |
| 2012 | 23.4% | -0.4% |
| 2013 | 23.6% | +0.9% |
| 2014 | 23.9% | +1.0% |
| 2015 | 23.7% | -0.5% |
| 2016 | 24.2% | +1.9% |
| 2017 | 24.0% | -0.7% |
| 2018 | 23.4% | -2.8% |
| 2019 | 20.6% | -12.0% |
| 2020 | 19.4% | -5.5% |
| 2021 | 20.2% | +3.8% |
| 2022 | 20.3% | +0.7% |
| 2023 | 21.7% | +6.9% |
| 2024 | 23.6% | +8.9% |
| 2025 | 23.0% | -2.8% |
Biggest year-on-year movements
Years where Gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +28.8% | 17.2% | 22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.5% | 17.1% | 23.6% | 10 |
| 2000s | 22.2% | 20.1% | 25.8% | 10 |
| 2010s | 23.4% | 20.6% | 24.2% | 10 |
| 2020s | 21.4% | 19.4% | 23.6% | 6 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
More economy & growth data for Sub-Saharan Africa (IDA & IBRD countries)
- Foreign direct investment, net inflows (BoP, current US$), per capita 5.26 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7.79 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 246.12 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1471 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 3.82 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 283.73 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1696 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 9.56 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.99 BoP, current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries)?
- Gross fixed capital formation in Sub-Saharan Africa (IDA & IBRD countries) was 23.0% 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 (IDA & IBRD countries)?
- The highest recorded value was 25.8% in 2009.
- What is the lowest gross fixed capital formation recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 17.1% in 1997.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for gross fixed capital formation?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 24th out of 43 groups with data for 2025.
- Is gross fixed capital formation rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) 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 (% of GDP). 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 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.