Gross Capital Formation (As % of GDP) rose to 30.5% in Seychelles in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Seychelles | January 1, 2020
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Gross capital formation as a share of GDP reached 30.5 % in 2019 in Seychelles, according to the National Statistical Office. This is 9.10 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Seychelles reached an all time high of 35.7 % in 2005 and an all time low of 0.109 % in 2003. When compared to Seychelles's main peers, gross capital formation as a share of GDP in Comoros amounted to 21.8 %, 19.0 % in Madagascar, 20.0 % in Maldives and 14.9 % in Mauritius in 2019.

Seychelles has been ranked 29th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 20 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
Comoros % 0.175% 21.6% 21.8% 22.2% 22.5%
India % 0.309% 31.5% 31.6% 31.8% 32.0%
Indonesia % 0.337% 33.4% 33.6% 33.8% 33.9%
Kenya % 0.182% 16.8% 18.5% 19.5% 19.8%
Madagascar % 0.152% 17.1% 19.0% 19.1% 19.3%
Maldives % 20.0% 20.0% 20.0% 20.0% 20.0%
Mauritius % 0.183% 15.8% 14.9% 13.9% 12.8%
Mozambique % 0.392% 40.0% 66.0% 85.1% 106%
Seychelles % 0.372% 28.0% 30.5% 32.2% 32.9%
Singapore % 0.276% 27.8% 27.5% 27.7% 27.8%
South Africa % 0.186% 18.1% 18.0% 18.1% 18.2%
Sri Lanka % 0.367% 36.8% 37.3% 37.4% 37.3%
Swaziland % 0.117% 13.3% 11.9% 9.51% 7.71%
Tanzania % 0.340% 30.5% 31.4% 31.4% 31.1%