Lesotho - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Lesotho was 28.44 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 120.00 in 1976 and a minimum value of -24.18 in 2017.

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 100.02
1962 110.00
1963 38.09
1964 24.14
1965 25.00
1966 -8.89
1967 19.51
1968 10.20
1969 1.85
1970 -9.09
1971 0.00
1972 40.00
1973 71.43
1974 8.33
1975 53.85
1976 120.00
1977 -9.09
1978 45.00
1979 37.93
1980 55.63
1981 15.06
1982 5.99
1983 -14.01
1984 26.87
1985 39.23
1986 11.51
1987 15.95
1988 47.21
1989 39.54
1990 28.03
1991 51.84
1992 23.10
1993 2.97
1994 15.50
1995 29.38
1996 16.38
1997 -8.08
1998 -10.25
1999 26.59
2000 -19.27
2001 2.60
2002 -1.59
2003 2.78
2004 -7.59
2005 -9.86
2006 4.50
2007 40.31
2008 26.36
2009 7.33
2010 11.48
2011 -7.67
2012 41.88
2013 -5.62
2014 10.39
2015 -5.27
2016 2.05
2017 -24.18
2018 5.57
2019 28.44

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts