Gross Capital Formation (As % of GDP) fell to 26.1% in Angola in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Angola | January 1, 2020
$2.99
Excel Sheet

Gross capital formation as a share of GDP reached 26.1 % in 2019 in Angola, according to the National Statistical Office. This is 1.20 % less than in the previous year.

Historically, gross capital formation as a share of GDP in Angola reached an all time high of 35.7 % in 1998 and an all time low of 0.233 % in 2006. When compared to Angola's main peers, gross capital formation as a share of GDP in Botswana amounted to 30.0 %, 23.0 % in Namibia, 42.1 % in Zambia and 14.4 % in Dem. Republic of the Congo in 2019.

Angola has been ranked 54th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 39 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Angola % 0.241% 26.4% 26.1% 27.0% 27.8%
Botswana % 0.281% 28.3% 30.0% 30.8% 30.5%
Central African Republic % 0.177% 15.3% 15.9% 16.0% 15.5%
Congo % 0.226% 25.3% 25.4% 25.7% 27.1%
Dem. Republic of the Congo % 0.208% 12.4% 14.4% 14.8% 15.1%
Namibia % 0.177% 22.3% 23.0% 23.5% 23.6%
South Africa % 0.186% 18.1% 18.0% 18.1% 18.2%
Tanzania % 0.340% 30.5% 31.4% 31.4% 31.1%
Zambia % 42.2% 44.4% 42.1% 41.1% 38.5%
Zimbabwe % 0.097% 18.7% 17.9% 17.2% 16.6%