Niger - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Niger was 2,469,950,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,469,950,000,000 in 2020 and a minimum value of 7,379,952,000 in 1960.

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
1960 7,379,952,000
1961 8,231,401,000
1962 12,867,520,000
1963 17,692,820,000
1964 15,422,170,000
1965 13,152,200,000
1966 13,530,700,000
1967 14,193,000,000
1968 15,423,100,000
1969 10,124,300,000
1970 17,693,890,000
1971 14,855,300,000
1972 20,721,800,000
1973 31,508,500,000
1974 37,185,700,000
1975 32,170,810,000
1976 36,144,810,000
1977 62,449,210,000
1978 92,065,300,000
1979 115,909,000,000
1980 149,000,000,000
1981 119,700,000,000
1982 136,500,000,000
1983 86,199,990,000
1984 20,100,000,000
1985 82,500,000,000
1986 76,500,000,000
1987 78,200,000,000
1988 129,400,000,000
1989 95,099,990,000
1990 107,915,000,000
1991 112,071,000,000
1992 76,197,490,000
1993 56,457,130,000
1994 139,695,000,000
1995 138,300,000,000
1996 180,501,000,000
1997 182,207,000,000
1998 228,096,000,000
1999 174,930,000,000
2000 209,239,000,000
2001 247,358,000,000
2002 282,289,000,000
2003 274,179,000,000
2004 247,822,000,000
2005 446,869,000,000
2006 492,210,000,000
2007 518,858,000,000
2008 860,666,000,000
2009 984,474,000,000
2010 1,267,990,000,000
2011 1,306,960,000,000
2012 1,410,890,000,000
2013 1,500,500,000,000
2014 1,668,640,000,000
2015 1,852,500,000,000
2016 1,695,970,000,000
2017 1,689,610,000,000
2018 2,062,030,000,000
2019 2,316,410,000,000
2020 2,469,950,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts