Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Middle Africa
Middle Africa: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 44.6 % in 2024. ▲ Rising
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Middle Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — share of gdp us$, 2015 prices in Middle Africa stood at 44.6 %. That is the highest value across all 55 years on record.
The figure is up 8.8% on the previous year and up 54.5% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Middle Africa peaked at 44.6 % in 2024 and was at its lowest, 14.05 %, in 1990.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Middle Africa, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 19.64 % | — |
| 1971 | 20.28 % | +3.3% |
| 1972 | 20.77 % | +2.4% |
| 1973 | 20.47 % | -1.5% |
| 1974 | 23.26 % | +13.6% |
| 1975 | 23.23 % | -0.1% |
| 1976 | 24.23 % | +4.3% |
| 1977 | 25.56 % | +5.5% |
| 1978 | 20.31 % | -20.5% |
| 1979 | 21.3 % | +4.9% |
| 1980 | 22.83 % | +7.2% |
| 1981 | 25.45 % | +11.5% |
| 1982 | 27.46 % | +7.9% |
| 1983 | 24.93 % | -9.2% |
| 1984 | 23.77 % | -4.6% |
| 1985 | 21.82 % | -8.2% |
| 1986 | 19.04 % | -12.7% |
| 1987 | 17.65 % | -7.3% |
| 1988 | 17.24 % | -2.3% |
| 1989 | 14.55 % | -15.6% |
| 1990 | 14.05 % | -3.4% |
| 1991 | 20.06 % | +42.8% |
| 1992 | 27.26 % | +35.9% |
| 1993 | 26.45 % | -3.0% |
| 1994 | 27.81 % | +5.1% |
| 1995 | 29.31 % | +5.4% |
| 1996 | 37.13 % | +26.7% |
| 1997 | 30.16 % | -18.8% |
| 1998 | 38.87 % | +28.9% |
| 1999 | 31.67 % | -18.5% |
| 2000 | 21.68 % | -31.5% |
| 2001 | 21.85 % | +0.8% |
| 2002 | 21.47 % | -1.8% |
| 2003 | 22.77 % | +6.1% |
| 2004 | 22.8 % | +0.1% |
| 2005 | 22.99 % | +0.8% |
| 2006 | 22.85 % | -0.6% |
| 2007 | 24.7 % | +8.1% |
| 2008 | 26.84 % | +8.7% |
| 2009 | 29.56 % | +10.1% |
| 2010 | 27.26 % | -7.8% |
| 2011 | 30.1 % | +10.4% |
| 2012 | 31.07 % | +3.2% |
| 2013 | 28.96 % | -6.8% |
| 2014 | 28.87 % | -0.3% |
| 2015 | 27.32 % | -5.4% |
| 2016 | 25.42 % | -6.9% |
| 2017 | 21.66 % | -14.8% |
| 2018 | 22.3 % | +2.9% |
| 2019 | 22.62 % | +1.4% |
| 2020 | 21.97 % | -2.9% |
| 2021 | 27.7 % | +26.1% |
| 2022 | 30.39 % | +9.7% |
| 2023 | 40.99 % | +34.9% |
| 2024 | 44.6 % | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.9 % | 19.64 % | 25.56 % | 10 |
| 1980s | 21.47 % | 14.55 % | 27.46 % | 10 |
| 1990s | 28.28 % | 14.05 % | 38.87 % | 10 |
| 2000s | 23.75 % | 21.47 % | 29.56 % | 10 |
| 2010s | 26.56 % | 21.66 % | 31.07 % | 10 |
| 2020s | 33.13 % | 21.97 % | 44.6 % | 5 |
Countries ranked near Middle Africa
- 1 Democratic Republic of the Congo 116.48 % compare
- 1 Yemen Dem 107.95 % compare
- 2 Suriname 57.84 % compare
- 2 United Republic of Tanzania 45.11 % compare
- 3 Gabon 56.1 % compare
- 4 Côte d'Ivoire 29.27 % compare
- 4 Syrian Arab Republic 35.18 % compare
- 4 Vanuatu 56.05 % compare
- 5 Qatar 53.93 % compare
- 6 Turkmenistan 50.01 % compare
- 6 Viet Nam 31.17 % compare
More economy & growth data for Middle Africa
- GDP Deflator — Value US$, 2015 prices 104 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 13.66 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 8.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.09 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 122,785 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 57,522 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 46.85 USD (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,293 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$, 2015 prices in Middle Africa?
- Gross fixed capital formation — share of gdp us$, 2015 prices in Middle Africa was 44.6 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Middle Africa?
- The highest recorded value was 44.6 % in 2024.
- What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Middle Africa?
- The lowest recorded value was 14.05 % in 1990.
- How does Middle Africa rank for gross fixed capital formation — share of gdp us$, 2015 prices?
- Middle Africa ranks 3rd out of 19 groups with data for 2024.
- Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Middle Africa?
- Over the last ten years it is up 54.5%. The long-run trend across the full record is rising.
- Where does this Middle Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).