Gabon - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Gabon was 1,754,100,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 3,208,400,000,000 in 2014 and a minimum value of 27,200,000,000 in 1970.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1970 27,200,000,000
1971 32,199,990,000
1972 51,500,000,000
1973 52,300,010,000
1974 156,300,000,000
1975 258,200,000,000
1976 435,500,000,000
1977 338,000,000,000
1978 224,000,000,000
1979 203,100,000,000
1980 241,200,000,000
1981 347,100,000,000
1982 384,500,000,000
1983 469,400,000,000
1984 487,100,000,000
1985 613,300,000,000
1986 543,400,000,000
1987 272,500,000,000
1988 433,300,000,000
1989 347,600,000,000
1990 347,600,000,000
1991 398,100,000,000
1992 326,600,000,000
1993 350,400,000,000
1994 490,300,000,000
1995 561,300,000,000
1996 683,400,000,000
1997 937,400,000,000
1998 1,016,000,000,000
1999 751,300,000,000
2000 790,270,000,000
2001 836,802,000,000
2002 929,258,000,000
2003 854,895,000,000
2004 880,806,000,000
2005 1,060,110,000,000
2006 1,250,090,000,000
2007 1,409,610,000,000
2008 1,738,000,000,000
2009 1,682,240,000,000
2010 2,233,510,000,000
2011 2,461,220,000,000
2012 2,431,590,000,000
2013 2,602,410,000,000
2014 3,208,400,000,000
2015 2,485,640,000,000
2016 2,242,400,000,000
2017 1,846,170,000,000
2018 1,804,280,000,000
2019 2,165,110,000,000
2020 1,754,100,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts