Gabon - Gross capital formation (current LCU)

The value for Gross 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 3,158,420,000,000 in 2014 and a minimum value of 28,600,000,000 in 1970.

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
1970 28,600,000,000
1971 33,599,990,000
1972 52,200,000,000
1973 60,500,000,000
1974 192,400,000,000
1975 289,800,000,000
1976 528,500,000,000
1977 400,800,000,000
1978 188,800,000,000
1979 212,200,000,000
1980 249,000,000,000
1981 381,500,000,000
1982 416,300,000,000
1983 454,700,000,000
1984 513,000,000,000
1985 630,100,000,000
1986 546,500,000,000
1987 260,000,000,000
1988 428,000,000,000
1989 351,300,000,000
1990 351,300,000,000
1991 403,426,000,000
1992 331,950,000,000
1993 343,651,000,000
1994 508,807,000,000
1995 576,800,000,000
1996 723,800,000,000
1997 956,400,000,000
1998 1,046,300,000,000
1999 751,300,000,000
2000 790,270,000,000
2001 836,812,000,000
2002 929,282,000,000
2003 854,906,000,000
2004 880,808,000,000
2005 1,079,470,000,000
2006 1,297,340,000,000
2007 1,483,160,000,000
2008 1,742,450,000,000
2009 1,594,080,000,000
2010 2,112,190,000,000
2011 2,286,340,000,000
2012 2,363,980,000,000
2013 2,535,950,000,000
2014 3,158,420,000,000
2015 2,485,640,000,000
2016 2,242,400,000,000
2017 1,846,360,000,000
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