Gross Fixed Capital Formation — Value US$, annual growth rate in Eastern Africa
Eastern Africa: Gross Fixed Capital Formation — Value US$, annual growth rate was 6.36 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Eastern Africa, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Eastern Africa stood at 6.36 % change on previous year.
That represents a change of up 106.9% on the previous year and down 62.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Eastern Africa peaked at 34.06 % change on previous year in 2008 and was at its lowest, -19.73 % change on previous year, in 1991.
That places Eastern Africa 7th out of 30 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Eastern Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 22.45 % change on previous year | — |
| 1972 | 1.81 % change on previous year | -91.9% |
| 1973 | 7.28 % change on previous year | +301.0% |
| 1974 | 19.21 % change on previous year | +164.1% |
| 1975 | 7.43 % change on previous year | -61.3% |
| 1976 | -3.98 % change on previous year | -153.6% |
| 1977 | 14.79 % change on previous year | -471.5% |
| 1978 | 19.59 % change on previous year | +32.4% |
| 1979 | 12.76 % change on previous year | -34.9% |
| 1980 | 6.65 % change on previous year | -47.9% |
| 1981 | -3.6 % change on previous year | -154.1% |
| 1982 | -1.28 % change on previous year | -64.5% |
| 1983 | -19.53 % change on previous year | +1428.2% |
| 1984 | 8.38 % change on previous year | -142.9% |
| 1985 | 5.36 % change on previous year | -36.0% |
| 1986 | 15.57 % change on previous year | +190.4% |
| 1987 | 13.13 % change on previous year | -15.7% |
| 1988 | 15.03 % change on previous year | +14.5% |
| 1989 | 0.8042 % change on previous year | -94.6% |
| 1990 | 18.68 % change on previous year | +2223.0% |
| 1991 | -19.73 % change on previous year | -205.6% |
| 1992 | -6.7 % change on previous year | -66.0% |
| 1993 | -4.42 % change on previous year | -34.1% |
| 1994 | 4.12 % change on previous year | -193.4% |
| 1995 | 16.83 % change on previous year | +308.3% |
| 1996 | 3.59 % change on previous year | -78.7% |
| 1997 | 6.34 % change on previous year | +76.8% |
| 1998 | 11.49 % change on previous year | +81.1% |
| 1999 | 6.75 % change on previous year | -41.2% |
| 2000 | 2.01 % change on previous year | -70.2% |
| 2001 | 1.44 % change on previous year | -28.3% |
| 2002 | 3.07 % change on previous year | +113.1% |
| 2003 | 10.95 % change on previous year | +256.7% |
| 2004 | 15.72 % change on previous year | +43.6% |
| 2005 | 17.49 % change on previous year | +11.3% |
| 2006 | 19.02 % change on previous year | +8.7% |
| 2007 | 23.59 % change on previous year | +24.0% |
| 2008 | 34.06 % change on previous year | +44.3% |
| 2009 | -2.62 % change on previous year | -107.7% |
| 2010 | 12.47 % change on previous year | -576.4% |
| 2011 | 15.84 % change on previous year | +27.1% |
| 2012 | 20.06 % change on previous year | +26.6% |
| 2013 | 5.6 % change on previous year | -72.1% |
| 2014 | 16.72 % change on previous year | +198.8% |
| 2015 | -3.16 % change on previous year | -118.9% |
| 2016 | -0.3364 % change on previous year | -89.3% |
| 2017 | 9.17 % change on previous year | -2825.1% |
| 2018 | 3.21 % change on previous year | -65.0% |
| 2019 | 9.12 % change on previous year | +184.2% |
| 2020 | -4.4 % change on previous year | -148.2% |
| 2021 | 9.31 % change on previous year | -311.5% |
| 2022 | 8.78 % change on previous year | -5.6% |
| 2023 | 3.07 % change on previous year | -65.0% |
| 2024 | 6.36 % change on previous year | +106.9% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Eastern Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +2825.1% | -0.3364 % change on previous year | 9.17 % change on previous year |
| 1990 | +2223.0% | 0.8042 % change on previous year | 18.68 % change on previous year |
| 1983 | -1428.2% | -1.28 % change on previous year | -19.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.26 % change on previous year | -3.98 % change on previous year | 22.45 % change on previous year | 9 |
| 1980s | 4.05 % change on previous year | -19.53 % change on previous year | 15.57 % change on previous year | 10 |
| 1990s | 3.7 % change on previous year | -19.73 % change on previous year | 18.68 % change on previous year | 10 |
| 2000s | 12.47 % change on previous year | -2.62 % change on previous year | 34.06 % change on previous year | 10 |
| 2010s | 8.87 % change on previous year | -3.16 % change on previous year | 20.06 % change on previous year | 10 |
| 2020s | 4.62 % change on previous year | -4.4 % change on previous year | 9.31 % change on previous year | 5 |
Countries ranked near Eastern Africa
- 4 Sierra Leone 70.66 % change on previous year compare
- 5 Guinea 48.33 % change on previous year compare
- 6 Gambia 45.86 % change on previous year compare
- 7 Iraq 39.74 % change on previous year compare
- 8 USSR 28.64 % change on previous year compare
- 9 Uzbekistan 27.99 % change on previous year compare
- 10 Afghanistan 26.13 % change on previous year compare
More economy & growth data for Eastern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.86 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.08 % (2024)
- Gross Domestic Product — Value US$ 920,068 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,842 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,011 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 504,851 million USD (2024)
- Gross Domestic Product — Annual growth US$ 62.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 58.67 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.78 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.96 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Eastern Africa?
- Gross fixed capital formation — value us$, annual growth rate in Eastern Africa was 6.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Eastern Africa?
- The highest recorded value was 34.06 % change on previous year in 2008.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Eastern Africa?
- The lowest recorded value was -19.73 % change on previous year in 1991.
- How does Eastern Africa rank for gross fixed capital formation — value us$, annual growth rate?
- Eastern Africa ranks 7th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Eastern Africa?
- Over the last ten years it is down 62.0%. The long-run trend across the full record is volatile.
- Where does this Eastern Africa data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.