Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Angola

Gross capital formation (% of GDP) in Angola in 2024 — 10.6%. Ranked 160 in the world out of 169. Since 1985, the indicator has risen by 10.6 pp.

2024 10.6% −1.8 pp vs 2023
World rank 160of 169
Period maximum 42.1%2009
Period minimum 0%1985

Trend over time

1985–2024 · % of GDP

Gross capital formation (% of GDP) — Angola, 1985–20240204060198519891993199720012005200920132017202120241985: 0%1986: 0%1987: 0%1988: 0%1989: 0%1990: 0%2002: 29.8%2003: 29.8%2004: 32.7%2005: 28%2006: 24.1%2007: 26.9%2008: 31%2009: 42.1%2010: 29.8%2011: 27.4%2012: 28%2013: 27%2014: 28.9%2015: 29.1%2016: 29.7%2017: 28.8%2018: 23.9%2019: 24.5%2020: 19.8%2021: 16.2%2022: 14.5%2023: 12.4%2024: 10.6%
Change over the period: +10.6 pp Annual average: 0.27 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Angola

Angola 10.6%
World 26.3%
Middle Africa computed 19.1%
Gross capital formation (% of GDP) — Angola, by year Angola All countries CSV XLSX
Year % Change, pp
2024 10.6 −1.8 pp
2023 12.4 −2.1 pp
2022 14.5 −1.7 pp
2021 16.2 −3.5 pp
2020 19.8 −4.8 pp
2019 24.5 +0.6 pp
2018 23.9 −4.8 pp
2017 28.8 −0.9 pp
2016 29.7 +0.6 pp
2015 29.1 +0.2 pp
2014 28.9 +1.9 pp
2013 27 −1 pp
2012 28 +0.6 pp
2011 27.4 −2.4 pp
2010 29.8 −12.3 pp
2009 42.1 +11.1 pp
2008 31 +4.2 pp
2007 26.9 +2.7 pp
2006 24.1 −3.9 pp
2005 28 −4.7 pp
2004 32.7 +2.9 pp
2003 29.8 +0 pp
2002 29.8
1990 0 +0 pp
1989 0 +0 pp
1988 0 +0 pp
1987 0 +0 pp
1986 0 +0 pp
1985 0

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.