Gross Capital Formation (Percent of GDP) of African Countries in 1994
Updated on May 15, 2023.

According to recent data from the World Bank, in 1994, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Republic of Congo: 54.49%
  2. Nigeria: 42.08%
  3. Mauritania: 34.31%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1994 were:

  1. Gambia: 4.68%
  2. Burundi: 6.97%
  3. Democratic Republic of the Congo: 7.55%

Use the interactive visualization and table below to explore this data for each African country for the year 1994. 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 1994.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1994 (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 1994
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Country Gross Capital Formation (% of GDP)
Algeria 30.08
Benin 17.80
Botswana 25.98
Burkina Faso 27.17
Burundi 6.97
Cameroon 16.61
Republic of Congo 54.49
Ivory Coast 13.72
Democratic Republic of the Congo 7.55
Central African Republic 11.71
Chad 16.64
Egypt 20.63
Eritrea 25.14
Eswatini 17.35
Gabon 21.87
Gambia 4.68
Ghana 23.96
Guinea 18.65
Guinea-Bissau 21.77
Kenya 19.29
Libya 16.33
Madagascar 32.87
Mali 20.68
Mauritania 34.31
Mauritius 31.78
Morocco 25.67
Mozambique 24.53
Zimbabwe 23.73
Tanzania 24.65
Uganda 14.68
Tunisia 24.64
Togo 15.04
Sudan 17.39
South Africa 16.47
Sierra Leone 8.66
Senegal 17.14
Rwanda 9.98
Niger 12.98
Nigeria 42.08
Namibia 19.07
Comoros 18.04
Seychelles 27.06

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.