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

Latest (2024)
127,870 million USD
Change on year
up 5.0%
Rank
25th
of 29 groups
All-time high
127,870 million USD
in 2024
All-time low
9,325 million USD
in 1985
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa, 1970–2024

025.0k50.0k75.0k100.0k125.0k197019972024

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

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa, 1970 to 2024.
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

DecadeAverage LowestHighest 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

  1. 22 Bangladesh 128,520 million USD compare
  2. 23 Belgium 128,238 million USD compare
  3. 24 Poland 123,812 million USD compare
  4. 25 Thailand 111,035 million USD compare
  5. 26 Norway 109,493 million USD compare
  6. 27 Philippines 107,661 million USD compare
  7. 28 United Arab Emirates 105,290 million USD compare

See the full ranking of 251 places →

More economy & growth data for Eastern Africa

All data for Eastern Africa →

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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Gross Fixed Capital Formation — Value US$, 2015 prices in Eastern Africa. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/eastern-africa/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).