Lesotho - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Lesotho was 3.80 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 119.05 in 1976 and a minimum value of -18.62 in 1983.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1968 11.36
1969 0.00
1970 2.04
1971 20.00
1972 33.33
1973 25.00
1974 30.00
1975 61.54
1976 119.05
1977 -10.87
1978 26.83
1979 42.31
1980 61.75
1981 14.76
1982 13.68
1983 -18.62
1984 31.22
1985 34.82
1986 2.58
1987 26.21
1988 58.01
1989 37.14
1990 26.50
1991 52.32
1992 19.01
1993 3.72
1994 19.27
1995 22.15
1996 20.10
1997 -6.46
1998 -11.68
1999 22.26
2000 -17.10
2001 1.79
2002 3.24
2003 5.35
2004 -13.34
2005 -12.84
2006 13.38
2007 22.27
2008 26.84
2009 5.07
2010 13.06
2011 5.66
2012 32.46
2013 -9.52
2014 2.27
2015 5.73
2016 -6.00
2017 -1.13
2018 6.88
2019 3.80

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts