Gabon - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Gabon was -16.67 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 181.00 in 1974 and a minimum value of -61.97 in 1978.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 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 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 25.14
1962 0.91
1963 -17.19
1964 -10.93
1965 -2.45
1966 41.94
1967 -30.14
1968 3.60
1969 9.59
1970 11.31
1971 14.36
1972 19.55
1973 15.26
1974 181.00
1975 23.68
1976 43.07
1977 -21.89
1978 -61.97
1979 23.52
1980 2.62
1981 46.18
1982 -6.79
1983 -4.58
1984 5.22
1985 9.61
1986 -16.37
1987 -53.10
1988 94.66
1989 -35.36
1990 0.00
1991 18.25
1992 -12.59
1993 1.57
1994 -0.13
1995 4.81
1996 16.91
1997 29.50
1998 14.30
1999 -38.76
2000 -8.27
2001 10.73
2002 22.87
2003 -17.37
2004 0.68
2005 3.29
2006 8.35
2007 12.11
2008 7.20
2009 -8.42
2010 29.34
2011 16.51
2012 21.88
2013 1.95
2014 13.49
2015 -13.68
2016 -0.79
2017 -11.57
2018 81.78
2019 21.52
2020 -16.67

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts