Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa
Eastern Africa: Gross Fixed Capital Formation — Value US$, 2015 prices was 127,870 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Eastern Africa recorded 127,870 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 5.0% on the previous year and up 52.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Eastern Africa peaked at 127,870 million USD in 2024 and was at its lowest, 9,325 million USD, in 1985.
Eastern Africa ranks 25th of 29 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 13,292 million USD | — |
| 1971 | 14,264 million USD | +7.3% |
| 1972 | 14,557 million USD | +2.1% |
| 1973 | 14,485 million USD | -0.5% |
| 1974 | 14,203 million USD | -1.9% |
| 1975 | 15,190 million USD | +6.9% |
| 1976 | 12,802 million USD | -15.7% |
| 1977 | 13,094 million USD | +2.3% |
| 1978 | 13,154 million USD | +0.5% |
| 1979 | 12,965 million USD | -1.4% |
| 1980 | 12,938 million USD | -0.2% |
| 1981 | 12,309 million USD | -4.9% |
| 1982 | 11,302 million USD | -8.2% |
| 1983 | 9,848 million USD | -12.9% |
| 1984 | 9,712 million USD | -1.4% |
| 1985 | 9,325 million USD | -4.0% |
| 1986 | 10,039 million USD | +7.7% |
| 1987 | 11,664 million USD | +16.2% |
| 1988 | 12,310 million USD | +5.5% |
| 1989 | 12,472 million USD | +1.3% |
| 1990 | 14,631 million USD | +17.3% |
| 1991 | 14,248 million USD | -2.6% |
| 1992 | 13,804 million USD | -3.1% |
| 1993 | 13,986 million USD | +1.3% |
| 1994 | 14,644 million USD | +4.7% |
| 1995 | 14,857 million USD | +1.5% |
| 1996 | 15,404 million USD | +3.7% |
| 1997 | 15,752 million USD | +2.3% |
| 1998 | 17,580 million USD | +11.6% |
| 1999 | 19,423 million USD | +10.5% |
| 2000 | 20,714 million USD | +6.6% |
| 2001 | 23,139 million USD | +11.7% |
| 2002 | 23,062 million USD | -0.3% |
| 2003 | 25,307 million USD | +9.7% |
| 2004 | 28,524 million USD | +12.7% |
| 2005 | 33,125 million USD | +16.1% |
| 2006 | 33,493 million USD | +1.1% |
| 2007 | 36,912 million USD | +10.2% |
| 2008 | 45,814 million USD | +24.1% |
| 2009 | 48,261 million USD | +5.3% |
| 2010 | 54,049 million USD | +12.0% |
| 2011 | 60,780 million USD | +12.5% |
| 2012 | 69,082 million USD | +13.7% |
| 2013 | 74,583 million USD | +8.0% |
| 2014 | 83,765 million USD | +12.3% |
| 2015 | 91,316 million USD | +9.0% |
| 2016 | 96,410 million USD | +5.6% |
| 2017 | 98,774 million USD | +2.5% |
| 2018 | 105,811 million USD | +7.1% |
| 2019 | 110,497 million USD | +4.4% |
| 2020 | 108,916 million USD | -1.4% |
| 2021 | 112,902 million USD | +3.7% |
| 2022 | 118,666 million USD | +5.1% |
| 2023 | 121,832 million USD | +2.7% |
| 2024 | 127,870 million USD | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,801 million USD | 12,802 million USD | 15,190 million USD | 10 |
| 1980s | 11,192 million USD | 9,325 million USD | 12,938 million USD | 10 |
| 1990s | 15,433 million USD | 13,804 million USD | 19,423 million USD | 10 |
| 2000s | 31,835 million USD | 20,714 million USD | 48,261 million USD | 10 |
| 2010s | 84,507 million USD | 54,049 million USD | 110,497 million USD | 10 |
| 2020s | 118,037 million USD | 108,916 million USD | 127,870 million USD | 5 |
Countries ranked near Eastern Africa
- 22 Bangladesh 128,520 million USD compare
- 23 Belgium 128,238 million USD compare
- 24 Poland 123,812 million USD compare
- 25 Thailand 111,035 million USD compare
- 26 Norway 109,493 million USD compare
- 27 Philippines 107,661 million USD compare
- 28 United Arab Emirates 105,290 million USD compare
More economy & growth data for Eastern Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 109.05 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.08 % (2024)
- Gross Fixed Capital Formation — Value US$ 139,436 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.15 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.78 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 58.67 % (2024)
- Gross Domestic Product — Annual growth US$ 62.86 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 504,851 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,011 USD (2024)
- Gross Domestic Product — Value US$ 920,068 million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Eastern Africa?
- Gross fixed capital formation — value us$, 2015 prices in Eastern Africa was 127,870 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Eastern Africa?
- The highest recorded value was 127,870 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Eastern Africa?
- The lowest recorded value was 9,325 million USD in 1985.
- How does Eastern Africa rank for gross fixed capital formation — value us$, 2015 prices?
- Eastern Africa ranks 25th out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Eastern Africa?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is volatile.
- Where does this Eastern Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value 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).