Africa | Gross capital formation (% of GDP)

Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Africa
Records
53
Source
Africa | Gross capital formation (% of GDP)
1960 19.0609849
1961 19.46911169
1962 18.24361871
1963 19.12340745
1964 19.08066211
1965 20.31013132
1966 18.58146442
1967 20.07250224
1968 19.45170777
1969 20.36041781
1970 22.60417877
1971 23.45902694
1972 21.57310462
1973 22.35225594
1974 26.61898298
1975 30.41606526
1976 28.20120797
1977 28.86251581
1978 28.94732473
1979 27.89602729
1980 27.29796651
1981 28.88657099
1982 26.43588819
1983 25.19242359
1984 24.64293583
1985 22.99412803
1986 21.55072382
1987 20.19512704
1988 23.18133107
1989 23.09565445
1990 21.85337959
1991 19.90697748
1992 18.7306808
1993 18.98260614
1994 20.18362267
1995 19.95182096
1996 19.07294983
1997 18.2143798
1998 20.22928295
1999 19.64146217
2000 19.12592374
2001 19.11143599
2002 19.4008855
2003 20.08700684
2004 20.47092736
2005 20.22512097
2006 21.32528619
2007 23.34960872
2008 24.56048874
2009 24.22920853
2010 23.84426151
2011 22.19326375
2012

Africa | Gross capital formation (% of GDP)

Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Africa
Records
53
Source