Net investment in nonfinancial assets in Africa Eastern and Southern
Africa Eastern and Southern: Net investment in nonfinancial assets was 2.2% in 2024. ◆ Volatile
Net investment in nonfinancial assets in Africa Eastern and Southern, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Africa Eastern and Southern recorded 2.2% for net investment in nonfinancial assets in 2024.
That represents a change of down 20.6% on the previous year and down 44.1% over ten years.
Over the whole period, net investment in nonfinancial assets in Africa Eastern and Southern peaked at 11.8% in 1999 and was at its lowest, 1.8%, in 2004.
That places Africa Eastern and Southern 10th out of 26 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Africa Eastern and Southern, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | 11.8% | — |
| 2001 | 2.4% | -79.8% |
| 2002 | 1.9% | -19.0% |
| 2003 | 4.2% | +115.8% |
| 2004 | 1.8% | -57.6% |
| 2005 | 2.3% | +32.5% |
| 2006 | 2.8% | +21.9% |
| 2007 | 3.4% | +20.0% |
| 2008 | 4.0% | +16.3% |
| 2009 | 3.8% | -5.2% |
| 2010 | 3.7% | -1.7% |
| 2011 | 3.5% | -5.6% |
| 2012 | 3.2% | -9.8% |
| 2013 | 3.7% | +16.7% |
| 2014 | 4.0% | +8.3% |
| 2015 | 2.7% | -32.3% |
| 2016 | 2.4% | -9.3% |
| 2017 | 3.0% | +21.0% |
| 2018 | 2.6% | -12.7% |
| 2019 | 2.5% | -5.1% |
| 2020 | 3.4% | +37.1% |
| 2021 | 2.5% | -24.9% |
| 2022 | 2.7% | +6.6% |
| 2023 | 2.8% | +4.1% |
| 2024 | 2.2% | -20.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.8% | 11.8% | 11.8% | 1 |
| 2000s | 2.9% | 1.8% | 4.2% | 9 |
| 2010s | 3.1% | 2.4% | 4.0% | 10 |
| 2020s | 2.7% | 2.2% | 3.4% | 5 |
Countries ranked near Africa Eastern and Southern
- 7 Marshall Islands 8.8% compare
- 8 Togo 8.7% compare
- 9 Bhutan 8.6% compare
- 10 Afghanistan 8.5% compare
- 11 Niger 8.5%
- 12 Malawi 8.0% compare
- 13 Azerbaijan 7.9% compare
More public sector data for Africa Eastern and Southern
- Arms imports 166.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2212 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.66 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 166.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 17.76 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.536 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 11.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in Africa Eastern and Southern?
- Net investment in nonfinancial assets in Africa Eastern and Southern was 2.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Africa Eastern and Southern?
- The highest recorded value was 11.8% in 1999.
- What is the lowest net investment in nonfinancial assets recorded in Africa Eastern and Southern?
- The lowest recorded value was 1.8% in 2004.
- How does Africa Eastern and Southern rank for net investment in nonfinancial assets?
- Africa Eastern and Southern ranks 10th out of 26 groups with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Africa Eastern and Southern?
- Over the last ten years it is down 44.1%. The long-run trend across the full record is volatile.
- Where does this Africa Eastern and Southern data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.