Lesotho - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Lesotho was 9,608,008,000 as of 2019. As the graph below shows, over the past 52 years this indicator reached a maximum value of 9,608,008,000 in 2019 and a minimum value of 4,400,000 in 1967.

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
1967 4,400,000
1968 4,900,000
1969 4,900,000
1970 5,000,000
1971 6,000,000
1972 8,000,000
1973 10,000,000
1974 13,000,000
1975 21,000,000
1976 46,000,000
1977 41,000,000
1978 52,000,000
1979 74,000,000
1980 119,697,800
1981 137,362,300
2007 2,788,572,000
2008 3,848,975,000
2009 4,186,193,000
2010 4,801,389,000
2011 5,249,308,000
2012 7,314,181,000
2013 7,078,964,000
2014 7,785,867,000
2015 8,532,231,000
2016 8,282,903,000
2017 8,417,346,000
2018 9,052,798,000
2019 9,608,008,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts