How fixed investment moved as a share of North African GDP

Algeria’s share peaked above 40%

Algeria’s ratio was 20.68% in 2000, 42.81% in 2015 and 35.20% in 2024. Its latest reading in the common series was below 2015 and still about 14.5 points above 2000. Source 1

Tunisia and Egypt moved down from different peaks

Tunisia recorded 26.01% in 2010 and 15.21% in 2024. Egypt reached 18.77% in 2019 and fell to 11.70% in 2024. Morocco’s 2024 share was slightly above its 1990 share. Source 1

The measure covers buildings, equipment and other assets

Capital formation can capture housing, infrastructure, machinery and intellectual property products. It is a national-accounts measure covering several sectors and funding sources. A separate investment-by-industry series would show which types account for the changes. Source 2

The ratio can change through either side of the fraction

Fixed investment and GDP can move at different rates. A declining share can coexist with growth in investment spending when GDP rises faster. For changes in investment volume, use a series adjusted for prices. Source 2

Sources

• World Bank WDI national accounts data and OECD national accounts files
• Publisher metadata and indicator definition
• World Bank API, country and year records