Namibia - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Namibia was -11.22 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 39.76 in 1992 and a minimum value of -27.72 in 2016.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1981 -9.28
1982 -17.53
1983 -24.19
1984 -14.23
1985 0.72
1986 -6.67
1987 4.75
1988 12.76
1989 9.44
1990 20.80
1991 -22.65
1992 39.76
1993 5.54
1994 6.77
1995 15.13
1996 17.36
1997 -13.30
1998 24.34
1999 4.20
2000 -9.01
2001 35.29
2002 -0.77
2003 -4.99
2004 6.22
2005 3.59
2006 29.79
2007 12.14
2008 18.00
2009 14.48
2010 -1.20
2011 -4.36
2012 31.20
2013 13.51
2014 22.80
2015 -5.08
2016 -27.72
2017 -13.72
2018 -5.97
2019 -8.88
2020 -11.22

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts