Libya | Gross capital formation (current LCU)

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 local currency.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source
Libya | Gross capital formation (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990 1523700000
1991 1177600000
1992 1159300000
1993 1519300000
1994 1627700000
1995 1298800000
1996 1888100000
1997 1749000000
1998 1524000000
1999 1582000000
2000 2321000000
2001 2218000000
2002 3516000000
2003 6508494500
2004 5011614000
2005 5893811700
2006 16615100000
2007 16415500000
2008 22985500000
2009 19832400000
2010 18908100000
2011 4978200000
2012 17768700000
2013 20779800000
2014 19143500000
2015 11696200000
2016 9577000000
2017 12831200000
2018 15841100000
2019 13714700000
2020
2021
2022

Libya | Gross capital formation (current LCU)

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 local currency.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source