Gross Fixed Capital Formation — Value US$, 2015 prices in Middle Africa
Middle Africa: Gross Fixed Capital Formation — Value US$, 2015 prices was 122,785 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Middle Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Middle Africa stood at 122,785 million USD. That is the highest value across all 55 years on record.
The figure is up 13.7% on the previous year and up 79.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Middle Africa peaked at 122,785 million USD in 2024 and was at its lowest, 13,325 million USD, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Middle Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 13,325 million USD | — |
| 1971 | 14,546 million USD | +9.2% |
| 1972 | 15,034 million USD | +3.4% |
| 1973 | 15,976 million USD | +6.3% |
| 1974 | 19,116 million USD | +19.6% |
| 1975 | 18,812 million USD | -1.6% |
| 1976 | 19,486 million USD | +3.6% |
| 1977 | 20,505 million USD | +5.2% |
| 1978 | 15,616 million USD | -23.8% |
| 1979 | 16,504 million USD | +5.7% |
| 1980 | 18,338 million USD | +11.1% |
| 1981 | 20,752 million USD | +13.2% |
| 1982 | 22,846 million USD | +10.1% |
| 1983 | 21,601 million USD | -5.4% |
| 1984 | 21,909 million USD | +1.4% |
| 1985 | 20,444 million USD | -6.7% |
| 1986 | 18,071 million USD | -11.6% |
| 1987 | 16,898 million USD | -6.5% |
| 1988 | 16,953 million USD | +0.3% |
| 1989 | 14,386 million USD | -15.1% |
| 1990 | 13,602 million USD | -5.4% |
| 1991 | 19,164 million USD | +40.9% |
| 1992 | 24,743 million USD | +29.1% |
| 1993 | 21,117 million USD | -14.7% |
| 1994 | 22,338 million USD | +5.8% |
| 1995 | 25,106 million USD | +12.4% |
| 1996 | 33,735 million USD | +34.4% |
| 1997 | 28,534 million USD | -15.4% |
| 1998 | 38,186 million USD | +33.8% |
| 1999 | 31,085 million USD | -18.6% |
| 2000 | 21,636 million USD | -30.4% |
| 2001 | 22,705 million USD | +4.9% |
| 2002 | 24,137 million USD | +6.3% |
| 2003 | 26,729 million USD | +10.7% |
| 2004 | 29,342 million USD | +9.8% |
| 2005 | 32,309 million USD | +10.1% |
| 2006 | 34,431 million USD | +6.6% |
| 2007 | 40,932 million USD | +18.9% |
| 2008 | 48,105 million USD | +17.5% |
| 2009 | 54,219 million USD | +12.7% |
| 2010 | 52,411 million USD | -3.3% |
| 2011 | 60,305 million USD | +15.1% |
| 2012 | 67,097 million USD | +11.3% |
| 2013 | 65,168 million USD | -2.9% |
| 2014 | 68,605 million USD | +5.3% |
| 2015 | 66,312 million USD | -3.3% |
| 2016 | 60,909 million USD | -8.1% |
| 2017 | 52,193 million USD | -14.3% |
| 2018 | 54,242 million USD | +3.9% |
| 2019 | 55,792 million USD | +2.9% |
| 2020 | 52,618 million USD | -5.7% |
| 2021 | 67,931 million USD | +29.1% |
| 2022 | 77,662 million USD | +14.3% |
| 2023 | 108,028 million USD | +39.1% |
| 2024 | 122,785 million USD | +13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16,892 million USD | 13,325 million USD | 20,505 million USD | 10 |
| 1980s | 19,220 million USD | 14,386 million USD | 22,846 million USD | 10 |
| 1990s | 25,761 million USD | 13,602 million USD | 38,186 million USD | 10 |
| 2000s | 33,454 million USD | 21,636 million USD | 54,219 million USD | 10 |
| 2010s | 60,303 million USD | 52,193 million USD | 68,605 million USD | 10 |
| 2020s | 85,805 million USD | 52,618 million USD | 122,785 million USD | 5 |
Countries ranked near Middle Africa
- 3 Japan 1.14 million million USD compare
- 4 USSR 772,035 million USD compare
- 5 Germany 725,286 million USD compare
- 6 France 590,992 million USD compare
- 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
- 8 Republic of Korea 571,534 million USD compare
- 9 Italy 471,911 million USD 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$, 2015 prices 44.6 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.09 % (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 — value us$, 2015 prices in Middle Africa?
- Gross fixed capital formation — value us$, 2015 prices in Middle Africa was 122,785 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Middle Africa?
- The highest recorded value was 122,785 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Middle Africa?
- The lowest recorded value was 13,325 million USD in 1970.
- How does Middle Africa rank for gross fixed capital formation — value us$, 2015 prices?
- Middle Africa ranks 6th out of 19 regions with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Middle Africa?
- Over the last ten years it is up 79.0%. The long-run trend across the full record is volatile.
- 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 — 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).