Gross Capital Formation (Percent of GDP) of African Countries in 1997
Updated on May 15, 2023.

According to recent data from the World Bank, in 1997, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Nigeria: 38.48%
  2. Seychelles: 31.91%
  3. Eritrea: 31.28%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1997 were:

  1. Sierra Leone: -2.42%
  2. Democratic Republic of the Congo: 2.5%
  3. Gambia: 5.18%

Use the interactive visualization and table below to explore this data for each African country for the year 1997. 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 1997.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1997 (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 1997
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Country Gross Capital Formation (% of GDP)
Algeria 22.45
Benin 18.55
Botswana 24.05
Burkina Faso 27.39
Burundi 6.10
Cameroon 17.68
Republic of Congo 22.23
Ivory Coast 16.53
Democratic Republic of the Congo 2.50
Central African Republic 10.08
Chad 19.49
Egypt 17.56
Eritrea 31.28
Eswatini 17.22
Gabon 30.76
Gambia 5.18
Ghana 24.81
Guinea 21.01
Guinea-Bissau 24.00
Kenya 15.14
Libya 12.36
Madagascar 10.15
Mali 20.66
Mauritania 10.58
Mauritius 29.39
Morocco 24.92
Mozambique 21.46
Zimbabwe 18.13
Tanzania 14.90
Uganda 18.18
Tunisia 24.46
Togo 16.29
Sudan 15.77
South Africa 16.29
Sierra Leone -2.42
Senegal 15.85
Rwanda 13.81
Niger 13.63
Nigeria 38.48
Namibia 17.72
Comoros 18.04
Seychelles 31.91

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.