Gross Capital Formation (Percent of GDP) of African Countries in 1989
Updated on May 15, 2023.

According to recent data from the World Bank, in 1989, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Nigeria: 52.49%
  2. Madagascar: 40.75%
  3. Guinea-Bissau: 38.98%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1989 were:

  1. Sudan: 5.19%
  2. Chad: 8.03%
  3. Sierra Leone: 8.33%

Use the interactive visualization and table below to explore this data for each African country for the year 1989. 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 1989.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1989 (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 1989
Items per page:
0 of 0
Country Gross Capital Formation (% of GDP)
Algeria 30.07
Benin 11.82
Botswana 36.11
Burkina Faso 20.41
Burundi 16.46
Cameroon 17.10
Republic of Congo 14.13
Ivory Coast 8.90
Central African Republic 11.76
Chad 8.03
Egypt 31.69
Eswatini 23.93
Gabon 26.31
Gambia 20.36
Ghana 13.21
Guinea 17.18
Guinea-Bissau 38.98
Kenya 24.86
Madagascar 40.75
Mali 21.34
Mauritania 12.99
Mauritius 31.12
Morocco 30.27
Zimbabwe 15.04
Uganda 11.14
Tunisia 23.91
Togo 16.52
Sudan 5.19
Somalia 30.30
South Africa 21.31
Sierra Leone 8.33
Senegal 13.64
Rwanda 13.43
Niger 13.68
Nigeria 52.49
Namibia 14.83
Comoros 18.04
Seychelles 27.46

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.