Middle East & North Africa (excluding high income) | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Middle East & North Africa (excluding high income)
Records
63
Source
Middle East & North Africa (excluding high income) | Gross capital formation (annual % growth)
1960
1961 4.03684116
1962 0.62132555
1963 4.39904378
1964 11.32187789
1965 13.59394933
1966 6.93613073
1967 9.22951715
1968 14.85335964
1969 6.78407128
1970 7.93273221
1971 0.86899928
1972 24.32255737
1973 3.30395381
1974 42.33610923
1975 32.31498089
1976 25.79937704
1977 5.00379935
1978 -14.74686719
1979 -28.77686491
1980 14.64081941
1981 -7.74508672
1982 -3.81104884
1983 22.15996003
1984 -15.73035799
1985 -4.84613765
1986 -5.94873895
1987 -5.80078847
1988 -22.93142407
1989 13.39658204
1990 13.48518067
1991 18.28593485
1992 -5.74407481
1993 -21.6640784
1994 -16.99768231
1995 18.21642265
1996 19.66283571
1997 0.17091771
1998 1.73837618
1999 2.79260454
2000 3.8235266
2001 13.18671416
2002 15.67198333
2003 13.51718108
2004 6.99569228
2005 0.44454979
2006 5.75945732
2007 15.10889608
2008 13.77174818
2009 3.10540195
2010 10.41040906
2011 -2.32593988
2012 -0.99758205
2013 -1.28054466
2014 1.94065982
2015 -16.48404648
2016 13.67094383
2017 5.68560998
2018 0.21124614
2019 -1.46799665
2020 -3.50809432
2021 3.41313759
2022 2.03991162

Middle East & North Africa (excluding high income) | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Middle East & North Africa (excluding high income)
Records
63
Source