Namibia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Namibia was 25,685,710,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 47,379,250,000 in 2014 and a minimum value of 376,245,800 in 1984.

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
1980 473,478,600
1981 485,211,200
1982 464,938,000
1983 406,788,500
1984 376,245,800
1985 439,130,100
1986 495,887,300
1987 588,993,000
1988 764,720,300
1989 979,969,300
1990 1,330,565,000
1991 1,142,529,000
1992 1,742,583,000
1993 1,983,502,000
1994 2,274,544,000
1995 2,841,057,000
1996 3,565,714,000
1997 3,316,726,000
1998 4,358,558,000
1999 4,800,655,000
2000 4,498,130,000
2001 6,391,225,000
2002 7,065,864,000
2003 7,120,687,000
2004 7,921,852,000
2005 8,594,375,000
2006 11,685,830,000
2007 13,554,010,000
2008 17,750,520,000
2009 21,024,940,000
2010 20,884,230,000
2011 20,453,180,000
2012 27,514,250,000
2013 36,520,630,000
2014 47,379,250,000
2015 45,247,870,000
2016 34,420,830,000
2017 30,764,170,000
2018 30,543,610,000
2019 28,753,820,000
2020 25,685,710,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts