Equatorial Guinea - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Equatorial Guinea was 161,002,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 3,422,240,000,000 in 2012 and a minimum value of 161,002,000,000 in 2020.

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 constant local currency.

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

Year Value
2005 1,077,490,000,000
2006 1,397,710,000,000
2007 1,768,970,000,000
2008 2,338,190,000,000
2009 2,378,890,000,000
2010 2,406,160,000,000
2011 2,509,170,000,000
2012 3,422,240,000,000
2013 2,329,990,000,000
2014 2,106,250,000,000
2015 1,283,150,000,000
2016 725,214,000,000
2017 640,674,000,000
2018 567,370,000,000
2019 294,856,000,000
2020 161,002,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts