Namibia - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Namibia was -12.45 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 37.88 in 2012 and a minimum value of -27.73 in 2016.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1981 -9.47
1982 -17.16
1983 -23.33
1984 -14.38
1985 -0.54
1986 -7.51
1987 6.83
1988 13.83
1989 8.43
1990 27.08
1991 -25.16
1992 37.77
1993 2.05
1994 11.42
1995 13.41
1996 17.46
1997 -12.76
1998 25.55
1999 2.96
2000 -8.49
2001 35.81
2002 -2.98
2003 -3.72
2004 6.69
2005 4.33
2006 28.69
2007 12.48
2008 23.65
2009 0.38
2010 2.81
2011 -4.49
2012 37.88
2013 6.21
2014 29.81
2015 -6.45
2016 -27.73
2017 -10.22
2018 -19.12
2019 0.88
2020 -12.45

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts