Cameroon | Gross capital formation (current US$)

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. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities. The quality of data on government fixed capital formation depends on the quality of government accounting systems (which tend to be weak in developing countries). Measures of fixed capital formation by households and corporations - particularly capital outlays by small, unincorporated enterprises - are usually unreliable. Estimates of changes in inventories are rarely complete but usually include the most important activities or commodities. In some countries these estimates are derived as a composite residual along with household final consumption expenditure. According to national accounts conventions, adjustments should be made for appreciation of the value of inventory holdings due to price changes, but this is not always done. In highly inflationary economies this element can be substantial. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Cameroon
Records
63
Source
Cameroon | Gross capital formation (current US$)
1960
1961
1962
1963
1964
1965 102015442.00431
1966 113563081.24022
1967 128861300.52073
1968 139761453.62634
1969 117710155.15607
1970 184513103.04774
1971 205914903.24122
1972 273382742.28166
1973 378214842.30574
1974 368501379.87353
1975 570660812.29828
1976 509729184.32217
1977 967112913.97892
1978 1457086069.9119
1979 1688121543.4759
1980 1400514062.9911
1981 1797362762.0502
1982 1639347955.4389
1983 1784729959.77
1984 1896984410.3488
1985 2126371560.0344
1986 3025071072.4239
1987 3223235122.7203
1988 2557007119.1193
1989 1882709699.9755
1990 2193452982.6163
1991 1974074390.0037
1992 1726914092.4392
1993 2226880567.0823
1994 1478840210.6743
1995 1905638318.2905
1996 1926575788.3312
1997 1908001405.9741
1998 2084892448.8786
1999 2043600274.8837
2000 1816641241.978
2001 2056414152.5771
2002 2414086807.2276
2003 2889786370.4261
2004 3552095127.0968
2005 3642669968.423
2006 3717023479.2752
2007 4397641458.2643
2008 5474864213.9699
2009 5184271406.6618
2010 5014189575.6261
2011 5737904929.4034
2012 5428133814.8818
2013 6290909284.2314
2014 7178277261.6257
2015 5878320978.6894
2016 6701343860.8745
2017 7019412070.9008
2018 7810101113.2922
2019 7511558756.1076
2020 7200776189.8241
2021 8159236637.3601
2022 7752876616.1827

Cameroon | Gross capital formation (current US$)

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. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities. The quality of data on government fixed capital formation depends on the quality of government accounting systems (which tend to be weak in developing countries). Measures of fixed capital formation by households and corporations - particularly capital outlays by small, unincorporated enterprises - are usually unreliable. Estimates of changes in inventories are rarely complete but usually include the most important activities or commodities. In some countries these estimates are derived as a composite residual along with household final consumption expenditure. According to national accounts conventions, adjustments should be made for appreciation of the value of inventory holdings due to price changes, but this is not always done. In highly inflationary economies this element can be substantial. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Cameroon
Records
63
Source