Angola - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Angola was 5,657,910,000,000.00 as of 2020. As the graph below shows, over the past 35 years this indicator reached a maximum value of 6,454,420,000,000.00 in 2019 and a minimum value of 0.00 in 1985.

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
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 0.00
2000 27,951,940,000.00
2001 60,105,430,000.00
2002 202,897,000,000.00
2003 404,677,000,000.00
2004 607,855,000,000.00
2005 887,970,000,000.00
2006 980,907,000,000.00
2007 1,288,160,000,000.00
2008 2,046,420,000,000.00
2009 2,388,270,000,000.00
2010 2,171,660,000,000.00
2011 2,774,810,000,000.00
2012 3,260,100,000,000.00
2013 3,449,570,000,000.00
2014 3,939,130,000,000.00
2015 4,771,350,000,000.00
2016 4,503,920,000,000.00
2017 4,889,350,000,000.00
2018 5,480,730,000,000.00
2019 6,454,420,000,000.00
2020 5,657,910,000,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts