Gross Fixed Capital Formation — Value US$, annual growth rate in Middle Africa
Middle Africa: Gross Fixed Capital Formation — Value US$, annual growth rate was 8.92 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Middle Africa, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, annual growth rate in Middle Africa is 8.92 % change on previous year, measured in 2024.
Compared with earlier readings it is down 79.7% on the previous year and down 27.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Middle Africa peaked at 47.9 % change on previous year in 2002 and was at its lowest, -26.28 % change on previous year, in 2020.
That places Middle Africa 3rd out of 30 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Middle Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 25.45 % change on previous year | — |
| 1972 | 16.77 % change on previous year | -34.1% |
| 1973 | 13.71 % change on previous year | -18.2% |
| 1974 | 36.95 % change on previous year | +169.6% |
| 1975 | 11.43 % change on previous year | -69.1% |
| 1976 | 1.14 % change on previous year | -90.0% |
| 1977 | 27.08 % change on previous year | +2280.2% |
| 1978 | -11.56 % change on previous year | -142.7% |
| 1979 | 5.72 % change on previous year | -149.5% |
| 1980 | 33.62 % change on previous year | +487.3% |
| 1981 | 2.9 % change on previous year | -91.4% |
| 1982 | 9.24 % change on previous year | +218.8% |
| 1983 | -16.06 % change on previous year | -273.7% |
| 1984 | -8.91 % change on previous year | -44.5% |
| 1985 | 3.36 % change on previous year | -137.8% |
| 1986 | 9.3 % change on previous year | +176.4% |
| 1987 | -15.64 % change on previous year | -268.2% |
| 1988 | -1.68 % change on previous year | -89.3% |
| 1989 | -7.06 % change on previous year | +320.6% |
| 1990 | 10.33 % change on previous year | -246.4% |
| 1991 | -1.35 % change on previous year | -113.0% |
| 1992 | -26.06 % change on previous year | +1835.9% |
| 1993 | 39.1 % change on previous year | -250.1% |
| 1994 | -1.42 % change on previous year | -103.6% |
| 1995 | -19.43 % change on previous year | +1264.9% |
| 1996 | 41.77 % change on previous year | -314.9% |
| 1997 | -25.55 % change on previous year | -161.2% |
| 1998 | 9.22 % change on previous year | -136.1% |
| 1999 | -10 % change on previous year | -208.4% |
| 2000 | 0.9483 % change on previous year | -109.5% |
| 2001 | 10.73 % change on previous year | +1032.0% |
| 2002 | 47.9 % change on previous year | +346.3% |
| 2003 | 18.69 % change on previous year | -61.0% |
| 2004 | 23.3 % change on previous year | +24.7% |
| 2005 | 24.55 % change on previous year | +5.3% |
| 2006 | 19.15 % change on previous year | -22.0% |
| 2007 | 41.15 % change on previous year | +114.8% |
| 2008 | 34.48 % change on previous year | -16.2% |
| 2009 | 14.31 % change on previous year | -58.5% |
| 2010 | -5.25 % change on previous year | -136.7% |
| 2011 | 19.11 % change on previous year | -463.9% |
| 2012 | 7.33 % change on previous year | -61.7% |
| 2013 | 5.19 % change on previous year | -29.2% |
| 2014 | 12.37 % change on previous year | +138.3% |
| 2015 | -19.3 % change on previous year | -256.1% |
| 2016 | -14.31 % change on previous year | -25.9% |
| 2017 | -3.8 % change on previous year | -73.4% |
| 2018 | -14.09 % change on previous year | +270.6% |
| 2019 | -3.58 % change on previous year | -74.6% |
| 2020 | -26.28 % change on previous year | +635.0% |
| 2021 | 12.41 % change on previous year | -147.2% |
| 2022 | -2.29 % change on previous year | -118.5% |
| 2023 | 44.04 % change on previous year | -2021.6% |
| 2024 | 8.92 % change on previous year | -79.7% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Middle Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +2280.2% | 1.14 % change on previous year | 27.08 % change on previous year |
| 2023 | +2021.6% | -2.29 % change on previous year | 44.04 % change on previous year |
| 1992 | -1835.9% | -1.35 % change on previous year | -26.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.08 % change on previous year | -11.56 % change on previous year | 36.95 % change on previous year | 9 |
| 1980s | 0.9091 % change on previous year | -16.06 % change on previous year | 33.62 % change on previous year | 10 |
| 1990s | 1.66 % change on previous year | -26.06 % change on previous year | 41.77 % change on previous year | 10 |
| 2000s | 23.52 % change on previous year | 0.9483 % change on previous year | 47.9 % change on previous year | 10 |
| 2010s | -1.63 % change on previous year | -19.3 % change on previous year | 19.11 % change on previous year | 10 |
| 2020s | 7.36 % change on previous year | -26.28 % change on previous year | 44.04 % change on previous year | 5 |
Countries ranked near Middle Africa
- 1 Sudan 264.8 % change on previous year compare
- 2 Zimbabwe 256.08 % change on previous year compare
- 3 South Sudan 73.22 % change on previous year compare
- 4 Sierra Leone 70.66 % change on previous year compare
- 5 Guinea 48.33 % change on previous year compare
- 6 Gambia 45.86 % change on previous year compare
More economy & growth data for Middle Africa
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,345 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,293 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 275,284 million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 0.2868 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 13.66 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 8.92 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Middle Africa?
- Gross fixed capital formation — value us$, annual growth rate in Middle Africa was 8.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Middle Africa?
- The highest recorded value was 47.9 % change on previous year in 2002.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Middle Africa?
- The lowest recorded value was -26.28 % change on previous year in 2020.
- How does Middle Africa rank for gross fixed capital formation — value us$, annual growth rate?
- Middle Africa ranks 3rd out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Middle Africa?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is volatile.
- Where does this Middle 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.