Gross Capital Formation (Percent of GDP) of African Countries in 1970
Updated on May 15, 2023.

According to recent data from the World Bank, in 1970, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Botswana: 45.32%
  2. Algeria: 36.65%
  3. Gabon: 31.96%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1970 were:

  1. Burundi: 4.53%
  2. Gambia: 6.89%
  3. Rwanda: 7.05%

Use the interactive visualization and table below to explore this data for each African country for the year 1970. You can also see links at the bottom of this page to see the historical Gross Capital Formation (Percent of GDP) information for each African country.

The World Bank defines Gross Capital Formation (Percent of GDP) as "consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'" .

See also: GDP of Africa in 1970.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1970 (US$)
See also the Gross Capital Formation (Percent of GDP) of Africa for other years:
Gross Capital Formation (Percent of GDP) of African Countries in 1970
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Country Gross Capital Formation (% of GDP)
Algeria 36.65
Benin 11.59
Botswana 45.32
Burkina Faso 10.27
Burundi 4.53
Cameroon 16.03
Republic of Congo 24.21
Ivory Coast 22.50
Central African Republic 17.98
Chad 16.09
Egypt 14.60
Eswatini 23.11
Gabon 31.96
Gambia 6.89
Ghana 14.17
Guinea-Bissau 29.57
Kenya 24.40
Lesotho 10.18
Madagascar 9.91
Mali 15.28
Mauritania 11.17
Morocco 18.49
Zimbabwe 18.34
Uganda 14.01
Tunisia 21.15
Togo 15.10
Somalia 11.74
South Africa 25.28
Senegal 9.54
Rwanda 7.05
Niger 9.85

Gross Capital Formation (Percent of GDP) of African Countries

Use the links below to see the historical Gross Capital Formation (Percent of GDP) for each African country.