Gross Fixed Capital Formation — Value US$, 2015 prices in Northern Africa

Northern Africa: Gross Fixed Capital Formation — Value US$, 2015 prices was 200,723 million USD in 2024. ▲ Rising

Latest (2024)
200,723 million USD
Change on year
down 0.5%
Rank
22nd
of 29 groups
All-time high
210,821 million USD
in 2022
All-time low
29,034 million USD
in 1971
Years of data
55
1970–2024

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

50.0k100.0k150.0k200.0k197019972024

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 Northern Africa stood at 200,723 million USD.

That represents a change of down 0.5% on the previous year and up 22.3% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Northern Africa peaked at 210,821 million USD in 2022 and was at its lowest, 29,034 million USD, in 1971.

Northern Africa ranks 22nd of 29 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Value US$, 2015 prices in Northern Africa, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Northern Africa, 1970 to 2024.
Year million USD Change
1970 30,662 million USD
1971 29,034 million USD -5.3%
1972 30,761 million USD +5.9%
1973 33,205 million USD +7.9%
1974 40,728 million USD +22.7%
1975 49,805 million USD +22.3%
1976 61,730 million USD +23.9%
1977 69,016 million USD +11.8%
1978 71,650 million USD +3.8%
1979 73,618 million USD +2.7%
1980 75,088 million USD +2.0%
1981 80,455 million USD +7.1%
1982 80,159 million USD -0.4%
1983 79,511 million USD -0.8%
1984 83,345 million USD +4.8%
1985 82,814 million USD -0.6%
1986 78,520 million USD -5.2%
1987 70,114 million USD -10.7%
1988 71,765 million USD +2.4%
1989 73,116 million USD +1.9%
1990 74,698 million USD +2.2%
1991 67,755 million USD -9.3%
1992 67,432 million USD -0.5%
1993 64,893 million USD -3.8%
1994 67,520 million USD +4.0%
1995 67,706 million USD +0.3%
1996 73,878 million USD +9.1%
1997 79,193 million USD +7.2%
1998 87,826 million USD +10.9%
1999 89,364 million USD +1.8%
2000 93,283 million USD +4.4%
2001 95,608 million USD +2.5%
2002 99,115 million USD +3.7%
2003 101,168 million USD +2.1%
2004 109,220 million USD +8.0%
2005 121,213 million USD +11.0%
2006 128,812 million USD +6.3%
2007 144,354 million USD +12.1%
2008 158,347 million USD +9.7%
2009 159,632 million USD +0.8%
2010 165,355 million USD +3.6%
2011 152,052 million USD -8.0%
2012 160,304 million USD +5.4%
2013 160,178 million USD -0.1%
2014 164,088 million USD +2.4%
2015 169,703 million USD +3.4%
2016 181,534 million USD +7.0%
2017 192,297 million USD +5.9%
2018 201,375 million USD +4.7%
2019 208,481 million USD +3.5%
2020 184,410 million USD -11.5%
2021 195,010 million USD +5.7%
2022 210,821 million USD +8.1%
2023 201,701 million USD -4.3%
2024 200,723 million USD -0.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 49,021 million USD 29,034 million USD 73,618 million USD 10
1980s 77,489 million USD 70,114 million USD 83,345 million USD 10
1990s 74,026 million USD 64,893 million USD 89,364 million USD 10
2000s 121,075 million USD 93,283 million USD 159,632 million USD 10
2010s 175,537 million USD 152,052 million USD 208,481 million USD 10
2020s 198,533 million USD 184,410 million USD 210,821 million USD 5

Countries ranked near Northern Africa

  1. 19 Switzerland 196,956 million USD compare
  2. 20 Netherlands (Kingdom of the) 188,221 million USD compare
  3. 21 Sweden 138,125 million USD compare
  4. 22 Bangladesh 128,520 million USD compare
  5. 23 Belgium 128,238 million USD compare
  6. 24 Poland 123,812 million USD compare
  7. 25 Thailand 111,035 million USD compare

See the full ranking of 251 places →

More economy & growth data for Northern Africa

All data for Northern Africa →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Northern Africa?
Gross fixed capital formation — value us$, 2015 prices in Northern Africa was 200,723 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Northern Africa?
The highest recorded value was 210,821 million USD in 2022.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Northern Africa?
The lowest recorded value was 29,034 million USD in 1971.
How does Northern Africa rank for gross fixed capital formation — value us$, 2015 prices?
Northern Africa ranks 22nd out of 29 groups with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Northern Africa?
Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
Where does this Northern 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 Northern Africa. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/northern-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).