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)
19.0609849 1960
19.46911169 1961
18.24361871 1962
19.12340745 1963
19.08066211 1964
20.31013132 1965
18.58146442 1966
20.07250224 1967
19.45170777 1968
20.36041781 1969
22.60417877 1970
23.45902694 1971
21.57310462 1972
22.35225594 1973
26.61898298 1974
30.41606526 1975
28.20120797 1976
28.86251581 1977
28.94732473 1978
27.89602729 1979
27.29796651 1980
28.88657099 1981
26.43588819 1982
25.19242359 1983
24.64293583 1984
22.99412803 1985
21.55072382 1986
20.19512704 1987
23.18133107 1988
23.09565445 1989
21.85337959 1990
19.90697748 1991
18.7306808 1992
18.98260614 1993
20.18362267 1994
19.95182096 1995
19.07294983 1996
18.2143798 1997
20.22928295 1998
19.64146217 1999
19.12592374 2000
19.11143599 2001
19.4008855 2002
20.08700684 2003
20.47092736 2004
20.22512097 2005
21.32528619 2006
23.34960872 2007
24.56048874 2008
24.22920853 2009
23.84426151 2010
22.19326375 2011
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