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
102015442.00431 1965
113563081.24022 1966
128861300.52073 1967
139761453.62634 1968
117710155.15607 1969
184513103.04774 1970
205914903.24122 1971
273382742.28166 1972
378214842.30574 1973
368501379.87353 1974
570660812.29828 1975
509729184.32217 1976
967112913.97892 1977
1457086069.9119 1978
1688121543.4759 1979
1400514062.9911 1980
1797362762.0502 1981
1639347955.4389 1982
1784729959.77 1983
1896984410.3488 1984
2126371560.0344 1985
3025071072.4239 1986
3223235122.7203 1987
2557007119.1193 1988
1882709699.9755 1989
2193452982.6163 1990
1974074390.0037 1991
1726914092.4392 1992
2226880567.0823 1993
1478840210.6743 1994
1905638318.2905 1995
1926575788.3312 1996
1908001405.9741 1997
2084892448.8786 1998
2043600274.8837 1999
1816641241.978 2000
2056414152.5771 2001
2414086807.2276 2002
2889786370.4261 2003
3552095127.0968 2004
3642669968.423 2005
3717023479.2752 2006
4397641458.2643 2007
5474864213.9699 2008
5184271406.6618 2009
5014189575.6261 2010
5737904929.4034 2011
5428133814.8818 2012
6290909284.2314 2013
7178277261.6257 2014
5878320978.6894 2015
6701343860.8745 2016
7019412070.9008 2017
7810101113.2922 2018
7511558756.1076 2019
7200776189.8241 2020
8159236637.3601 2021
7752876616.1827 2022
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