Gross Capital Formation (Percent of GDP) of African Countries in 1999
Updated on May 15, 2023.

According to recent data from the World Bank, in 1999, the 3 African countries with the top 3 highest Gross Capital Formation (Percent of GDP) were:

  1. Eritrea: 45.51%
  2. Seychelles: 43.25%
  3. Mozambique: 40.42%

On the other hand, the 3 African countries with the 3 lowest gross capital formation (percent of gdp) in 1999 were:

  1. Sierra Leone: 0.29%
  2. Democratic Republic of the Congo: 3.07%
  3. Gambia: 4.76%

Use the interactive visualization and table below to explore this data for each African country for the year 1999. 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 1999.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of African Countries in 1999 (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 1999
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Country Gross Capital Formation (% of GDP)
Algeria 26.25
Benin 18.23
Botswana 25.63
Burkina Faso 17.30
Burundi 5.89
Cameroon 17.67
Republic of Congo 27.77
Ivory Coast 14.63
Democratic Republic of the Congo 3.07
Central African Republic 12.96
Chad 13.69
Egypt 21.62
Eritrea 45.51
Eswatini 16.68
Gabon 26.17
Gambia 4.76
Ghana 21.00
Guinea 19.85
Guinea-Bissau 15.55
Kenya 15.52
Libya 9.48
Madagascar 12.29
Mali 17.89
Mauritania 11.14
Mauritius 26.71
Morocco 25.83
Mozambique 40.42
Zimbabwe 14.40
Tanzania 18.21
Uganda 19.55
Tunisia 24.62
Togo 13.34
Sudan 16.81
South Africa 15.66
Sierra Leone 0.29
Senegal 22.01
Rwanda 11.98
Niger 11.20
Nigeria 38.34
Namibia 20.51
Comoros 18.04
Seychelles 43.25

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.