Burkina Faso - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Burkina Faso was 2,105,120,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 2,105,120,000,000 in 2019 and a minimum value of 6,903,107,000 in 1960.

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 6,903,107,000
1961 7,434,130,000
1962 8,098,185,000
1963 8,497,278,000
1964 9,691,155,000
1965 9,029,102,000
1966 8,498,031,000
1967 8,896,059,000
1968 9,427,130,000
1969 11,949,340,000
1970 13,012,580,000
1971 19,757,750,000
1972 25,194,400,000
1973 31,029,070,000
1974 46,146,230,000
1975 46,543,060,000
1976 53,306,830,000
1977 54,367,770,000
1978 60,997,300,000
1979 60,998,460,000
1980 61,560,680,000
1981 68,189,110,000
1982 103,351,000,000
1983 104,475,000,000
1984 90,369,540,000
1985 160,094,000,000
1986 142,000,000,000
1987 136,908,000,000
1988 146,400,000,000
1989 170,300,000,000
1990 159,700,000,000
1991 187,900,000,000
1992 171,500,000,000
1993 176,300,000,000
1994 285,863,000,000
1995 284,169,000,000
1996 330,057,000,000
1997 391,327,000,000
1998 400,030,000,000
1999 360,838,000,000
2000 307,174,000,000
2001 316,516,000,000
2002 338,024,000,000
2003 425,000,000,000
2004 446,127,000,000
2005 569,186,000,000
2006 551,562,000,000
2007 666,151,000,000
2008 873,923,000,000
2009 888,477,000,000
2010 1,100,000,000,000
2011 1,259,450,000,000
2012 1,581,020,000,000
2013 1,574,370,000,000
2014 1,326,100,000,000
2015 1,357,560,000,000
2016 1,581,530,000,000
2017 1,807,150,000,000
2018 1,918,710,000,000
2019 2,105,120,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts