Algeria - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Algeria was 7,975,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 9,669,590,000,000 in 2018 and a minimum value of 2,600,000,000 in 1966.

Definition: 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.

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

Year Value
1960 5,672,414,000
1961 5,672,414,000
1962 3,500,000,000
1963 3,862,069,000
1964 3,137,931,000
1965 3,500,000,000
1966 2,600,000,000
1967 3,900,000,000
1968 5,300,000,000
1969 6,800,000,000
1970 8,800,000,000
1971 8,800,000,000
1972 10,400,000,000
1973 13,900,000,000
1974 22,100,000,000
1975 27,900,000,000
1976 32,000,000,000
1977 40,800,000,000
1978 54,600,000,000
1979 54,500,000,000
1980 63,500,000,000
1981 70,800,000,000
1982 77,400,000,000
1983 87,800,000,000
1984 94,100,000,000
1985 100,700,000,000
1986 100,500,000,000
1987 89,200,000,000
1988 96,600,000,000
1989 127,300,000,000
1990 158,900,000,000
1991 268,900,000,000
1992 322,400,000,000
1993 339,200,000,000
1994 448,645,000,000
1995 615,266,000,000
1996 659,935,000,000
1997 624,071,000,000
1998 768,438,000,000
1999 849,952,000,000
2000 971,661,000,000
2001 1,134,600,000,000
2002 1,386,380,000,000
2003 1,593,590,000,000
2004 2,045,410,000,000
2005 2,393,850,000,000
2006 2,564,980,000,000
2007 3,223,890,000,000
2008 4,124,650,000,000
2009 4,672,660,000,000
2010 4,968,140,000,000
2011 5,551,400,000,000
2012 6,346,500,000,000
2013 7,227,060,000,000
2014 7,860,820,000,000
2015 8,486,820,000,000
2016 8,893,530,000,000
2017 9,163,199,000,000
2018 9,669,590,000,000
2019 9,395,220,000,000
2020 7,975,700,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts