Gross Capital Formation (As % of GDP) rose to 15.9% in Central African Republic in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Central African Republic | January 01, 2020
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Gross capital formation as a share of GDP reached 15.9 % in 2019 in Central African Republic, according to the National Statistical Office. This is 4.01 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Central African Republic reached an all time high of 15.9 % in 2019 and an all time low of 0.064 % in 2003. When compared to Central African Republic's main peers, gross capital formation as a share of GDP in Cameroon amounted to 29.6 %, 25.8 % in Chad, 21.8 % in Sudan and 14.4 % in Dem. Republic of the Congo in 2019.

Central African Republic has been ranked 147th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 15 places above 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%
Cameroon % 0.229% 29.1% 29.6% 30.4% 31.0%
Central African Republic % 0.177% 15.3% 15.9% 16.0% 15.5%
Chad % 0.216% 23.6% 25.8% 24.1% 24.5%
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%
Egypt % 0.153% 15.5% 16.8% 18.2% 19.2%
Ethiopia % 0.390% 39.5% 39.4% 36.9% 36.5%
Gabon % 0.215% 30.4% 31.1% 30.7% 30.7%
Niger % 0.337% 38.5% 40.8% 42.3% 38.9%
Nigeria % 0.155% 13.6% 13.8% 13.9% 14.0%
South Sudan % 8.65% 9.23% 7.82% 9.77% 9.74%
Sudan % 0.189% 21.7% 21.8% 19.2% 16.3%
Zambia % 42.2% 44.4% 42.1% 41.1% 38.5%