Gross Capital Formation (Percent of GDP) of African Countries in 1971
Updated on May 15, 2023.

According to recent data from the World Bank, in 1971, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Botswana: 50.44%
  2. Algeria: 35.28%
  3. Gabon: 31.97%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1971 were:

  1. Gambia: 5.59%
  2. Burundi: 7.61%
  3. Niger: 7.78%

Use the interactive visualization and table below to explore this data for each African country for the year 1971. 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 1971.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1971 (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 1971
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Country Gross Capital Formation (% of GDP)
Algeria 35.28
Benin 10.29
Botswana 50.44
Burkina Faso 14.87
Burundi 7.61
Cameroon 16.65
Republic of Congo 26.61
Ivory Coast 21.80
Central African Republic 18.75
Chad 15.89
Egypt 12.87
Eswatini 19.89
Gabon 31.97
Gambia 5.59
Ghana 14.12
Guinea-Bissau 28.00
Kenya 23.92
Lesotho 9.14
Madagascar 11.22
Mali 16.01
Mauritania 11.59
Morocco 17.95
Zimbabwe 20.17
Uganda 16.10
Tunisia 21.52
Togo 18.89
Somalia 11.95
South Africa 27.41
Senegal 10.19
Rwanda 9.13
Niger 7.78

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.