Congo - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Congo was 1,581,020,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,581,630,000,000 in 2015 and a minimum value of 9,241,305,000 in 1964.

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 17,179,350,000
1961 24,051,090,000
1962 14,809,780,000
1963 9,596,740,000
1964 9,241,305,000
1965 10,900,000,000
1966 16,399,990,000
1967 18,399,990,000
1968 18,399,990,000
1969 18,399,990,000
1970 18,399,990,000
1971 23,600,010,000
1972 30,100,000,000
1973 38,600,010,000
1974 49,400,000,000
1975 64,300,000,000
1976 55,900,000,000
1977 49,999,990,000
1978 54,200,000,000
1979 66,199,900,000
1980 128,900,000,000
1981 260,900,000,000
1982 424,100,000,000
1983 307,200,000,000
1984 291,300,000,000
1985 294,000,000,000
1986 188,606,000,000
1987 136,236,000,000
1988 122,700,000,000
1989 107,700,000,000
1990 121,200,000,000
1991 157,800,000,000
1992 167,700,000,000
1993 224,200,000,000
1994 535,250,000,000
1995 386,280,000,000
1996 426,177,000,000
1997 301,418,000,000
1998 306,897,000,000
1999 402,500,000,000
2000 518,700,000,000
2001 539,863,000,000
2002 492,707,000,000
2003 530,103,000,000
2004 553,055,000,000
2005 909,456,000,000
2006 1,192,760,000,000
2007 2,566,510,000,000
2008 2,185,960,000,000
2009 2,482,810,000,000
2010 3,070,080,000,000
2011 2,718,040,000,000
2012 3,958,070,000,000
2013 4,174,530,000,000
2014 4,739,480,000,000
2015 5,581,630,000,000
2016 4,482,060,000,000
2017 2,401,500,000,000
2018 1,912,400,000,000
2019 1,797,950,000,000
2020 1,581,020,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts