Gross Fixed Capital Formation — Value US$ in Northern Africa
Northern Africa: Gross Fixed Capital Formation — Value US$ was 190,477 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Northern 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$ in Northern Africa stood at 190,477 million USD.
Compared with earlier readings it is up 4.9% on the previous year and up 3.9% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Northern Africa peaked at 194,518 million USD in 2019 and was at its lowest, 4,402 million USD, in 1970.
That places Northern Africa 22nd out of 29 groups with data for 2024, putting it 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$ in Northern Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,402 million USD | — |
| 1971 | 4,683 million USD | +6.4% |
| 1972 | 5,935 million USD | +26.7% |
| 1973 | 8,266 million USD | +39.3% |
| 1974 | 11,455 million USD | +38.6% |
| 1975 | 16,238 million USD | +41.8% |
| 1976 | 20,818 million USD | +28.2% |
| 1977 | 24,860 million USD | +19.4% |
| 1978 | 30,354 million USD | +22.1% |
| 1979 | 32,050 million USD | +5.6% |
| 1980 | 38,028 million USD | +18.7% |
| 1981 | 38,692 million USD | +1.7% |
| 1982 | 39,141 million USD | +1.2% |
| 1983 | 38,011 million USD | -2.9% |
| 1984 | 37,824 million USD | -0.5% |
| 1985 | 37,622 million USD | -0.5% |
| 1986 | 40,605 million USD | +7.9% |
| 1987 | 39,154 million USD | -3.6% |
| 1988 | 39,060 million USD | -0.2% |
| 1989 | 39,417 million USD | +0.9% |
| 1990 | 42,909 million USD | +8.9% |
| 1991 | 37,044 million USD | -13.7% |
| 1992 | 39,248 million USD | +5.9% |
| 1993 | 42,205 million USD | +7.5% |
| 1994 | 41,416 million USD | -1.9% |
| 1995 | 41,648 million USD | +0.6% |
| 1996 | 44,067 million USD | +5.8% |
| 1997 | 44,455 million USD | +0.9% |
| 1998 | 49,714 million USD | +11.8% |
| 1999 | 49,884 million USD | +0.3% |
| 2000 | 49,569 million USD | -0.6% |
| 2001 | 61,188 million USD | +23.4% |
| 2002 | 60,410 million USD | -1.3% |
| 2003 | 63,496 million USD | +5.1% |
| 2004 | 70,544 million USD | +11.1% |
| 2005 | 84,326 million USD | +19.5% |
| 2006 | 96,651 million USD | +14.6% |
| 2007 | 122,305 million USD | +26.5% |
| 2008 | 157,659 million USD | +28.9% |
| 2009 | 152,500 million USD | -3.3% |
| 2010 | 167,547 million USD | +9.9% |
| 2011 | 168,416 million USD | +0.5% |
| 2012 | 172,394 million USD | +2.4% |
| 2013 | 172,202 million USD | -0.1% |
| 2014 | 183,412 million USD | +6.5% |
| 2015 | 169,703 million USD | -7.5% |
| 2016 | 167,422 million USD | -1.3% |
| 2017 | 170,217 million USD | +1.7% |
| 2018 | 183,569 million USD | +7.8% |
| 2019 | 194,518 million USD | +6.0% |
| 2020 | 174,217 million USD | -10.4% |
| 2021 | 184,987 million USD | +6.2% |
| 2022 | 191,901 million USD | +3.7% |
| 2023 | 181,537 million USD | -5.4% |
| 2024 | 190,477 million USD | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,906 million USD | 4,402 million USD | 32,050 million USD | 10 |
| 1980s | 38,755 million USD | 37,622 million USD | 40,605 million USD | 10 |
| 1990s | 43,259 million USD | 37,044 million USD | 49,884 million USD | 10 |
| 2000s | 91,865 million USD | 49,569 million USD | 157,659 million USD | 10 |
| 2010s | 174,940 million USD | 167,422 million USD | 194,518 million USD | 10 |
| 2020s | 184,624 million USD | 174,217 million USD | 191,901 million USD | 5 |
Countries ranked near Northern Africa
More economy & growth data for Northern Africa
- Gross Domestic Product — Value US$ per capita 3,382 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.57 % (2024)
- Gross Domestic Product — Annual growth US$ 7.99 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 977,284 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,599 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 20.54 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.485 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.74 % (2024)
- Gross Domestic Product — Value US$ 918,222 million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Northern Africa?
- Gross fixed capital formation — value us$ in Northern Africa was 190,477 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Northern Africa?
- The highest recorded value was 194,518 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$ recorded in Northern Africa?
- The lowest recorded value was 4,402 million USD in 1970.
- How does Northern Africa rank for gross fixed capital formation — value us$?
- Northern Africa ranks 22nd out of 29 groups with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Northern Africa?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is volatile.
- 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$. 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).