Gross Capital Formation (Percent of GDP) of African Countries in 1987
Updated on May 15, 2023.

According to recent data from the World Bank, in 1987, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Nigeria: 49.99%
  2. Guinea-Bissau: 35.21%
  3. Somalia: 33.3%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1987 were:

  1. Chad: 9.13%
  2. Uganda: 9.72%
  3. Sierra Leone: 10.19%

Use the interactive visualization and table below to explore this data for each African country for the year 1987. 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 1987.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1987 (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 1987
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Country Gross Capital Formation (% of GDP)
Algeria 27.56
Benin 12.93
Botswana 15.50
Burkina Faso 19.22
Burundi 22.61
Cameroon 24.70
Republic of Congo 19.73
Ivory Coast 12.32
Central African Republic 12.63
Chad 9.13
Egypt 26.02
Eswatini 14.86
Gabon 26.36
Gambia 17.13
Ghana 10.43
Guinea 16.26
Guinea-Bissau 35.21
Kenya 24.29
Madagascar 25.00
Mali 20.15
Mauritania 19.79
Mauritius 25.59
Morocco 25.12
Zimbabwe 14.94
Uganda 9.72
Tunisia 23.48
Togo 17.64
Sudan 15.09
Somalia 33.30
South Africa 16.72
Sierra Leone 10.19
Senegal 12.42
Rwanda 15.67
Niger 11.65
Nigeria 49.99
Namibia 12.83
Comoros 18.04
Seychelles 19.77

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.