Gross Capital Formation (As % of GDP) fell to 31.9% in Djibouti in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Djibouti | January 1, 2020
$2.99
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Gross capital formation as a share of GDP reached 31.9 % in 2019 in Djibouti, according to the National Statistical Office. This is 5.86 % less than in the previous year.

Historically, gross capital formation as a share of GDP in Djibouti reached an all time high of 33.9 % in 2018 and an all time low of 0.079 % in 2001. When compared to Djibouti's main peers, gross capital formation as a share of GDP in Eritrea amounted to 6.97 %, 39.4 % in Ethiopia and 7.83 % in Yemen in 2019.

Djibouti has been ranked 20th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP.

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
Djibouti % 0.504% 33.9% 31.9% 30.5% 28.2%
Eritrea % 7.83% 7.16% 6.97% 6.89% 6.72%
Ethiopia % 0.390% 39.5% 39.4% 36.9% 36.5%
Kenya % 0.182% 16.8% 18.5% 19.5% 19.8%
Oman % 0.313% 31.5% 31.8% 32.0% 32.2%
Saudi Arabia % 0.279% 26.6% 26.5% 26.9% 26.9%
Somalia % ... ... ... ... ... ... ... ... ...
Sudan % 0.189% 21.7% 21.8% 19.2% 16.3%
Yemen % 2.08% 5.87% 7.83% 8.92% 8.63%