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Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Sub-Saharan Africa

Gross capital formation (% of GDP) in Sub-Saharan Africa in 2025 — 23.1%. Since 1985, the indicator has risen by 5.5 pp.

2025 23.1% −0.9 pp vs 2024
World rank —
Period maximum 25.3%2009
Period minimum 15.7%1987

Trend over time

1985–2025 · % of GDP

Gross capital formation (% of GDP) — Sub-Saharan Africa, 1985–20251517.52022.52527.5198519891993199720012005200920132017202120251985: 17.6%1986: 17.1%1987: 15.7%1988: 17.1%1989: 17.2%1990: 23.3%1991: 22.5%1992: 22.4%1993: 21.1%1994: 22.5%1995: 20.2%1996: 18.1%1997: 17.2%1998: 17.7%1999: 23.4%2000: 23%2001: 22.3%2002: 20.7%2003: 22.3%2004: 23.3%2005: 22.5%2006: 22%2007: 23.1%2008: 24.7%2009: 25.3%2010: 23.6%2011: 24.2%2012: 24.6%2013: 24.7%2014: 24.8%2015: 24.5%2016: 24.2%2017: 24.5%2018: 24.2%2019: 21.1%2020: 19.8%2021: 20.7%2022: 21.6%2023: 22.5%2024: 24%2025: 23.1%
Change over the period: +5.5 pp Annual average: 0.14 pp
Gross capital formation (% of GDP) — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year % Change, pp
2025 23.1 −0.9 pp
2024 24 +1.5 pp
2023 22.5 +0.9 pp
2022 21.6 +1 pp
2021 20.7 +0.8 pp
2020 19.8 −1.3 pp
2019 21.1 −3.1 pp
2018 24.2 −0.3 pp
2017 24.5 +0.3 pp
2016 24.2 −0.3 pp
2015 24.5 −0.4 pp
2014 24.8 +0.1 pp
2013 24.7 +0.1 pp
2012 24.6 +0.5 pp
2011 24.2 +0.6 pp
2010 23.6 −1.7 pp
2009 25.3 +0.6 pp
2008 24.7 +1.6 pp
2007 23.1 +1.2 pp
2006 22 −0.5 pp
2005 22.5 −0.8 pp
2004 23.3 +1 pp
2003 22.3 +1.6 pp
2002 20.7 −1.7 pp
2001 22.3 −0.7 pp
2000 23 −0.4 pp
1999 23.4 +5.7 pp
1998 17.7 +0.5 pp
1997 17.2 −0.8 pp
1996 18.1 −2.1 pp
1995 20.2 −2.3 pp
1994 22.5 +1.4 pp
1993 21.1 −1.3 pp
1992 22.4 −0.1 pp
1991 22.5 −0.8 pp
1990 23.3 +6.1 pp
1989 17.2 +0.1 pp
1988 17.1 +1.4 pp
1987 15.7 −1.4 pp
1986 17.1 −0.5 pp
1985 17.6 —

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.

Other indicators for Sub-Saharan Africa

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Sub-Saharan Africa by year Economy Gross national savings

What part of its income a country saves rather than consumes.

Sub-Saharan Africa by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Sub-Saharan Africa by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Sub-Saharan Africa by year
All indicators for Sub-Saharan Africa