Rwanda - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Rwanda was 2,390,410,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,390,410,000,000 in 2020 and a minimum value of 360,000,000 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 360,000,000
1961 400,000,000
1962 500,000,000
1963 500,000,000
1964 540,000,000
1965 730,000,100
1966 1,053,000,000
1967 1,166,000,000
1968 1,410,000,000
1969 1,250,000,000
1970 1,550,000,000
1971 2,030,000,000
1972 2,170,000,000
1973 2,300,000,000
1974 3,000,000,000
1975 7,250,001,000
1976 8,550,002,000
1977 10,790,000,000
1978 13,460,000,000
1979 11,570,000,000
1980 17,430,000,000
1981 16,310,000,000
1982 23,282,000,000
1983 19,239,000,000
1984 25,150,000,000
1985 30,066,000,000
1986 27,041,000,000
1987 26,854,000,000
1988 26,540,000,000
1989 25,880,000,000
1990 31,272,000,000
1991 33,549,000,000
1992 42,488,000,000
1993 47,623,000,000
1994 16,551,000,000
1995 45,476,000,000
1996 60,949,000,000
1997 77,100,000,000
1998 92,000,000,000
1999 86,257,000,000
2000 99,101,000,000
2001 111,384,000,000
2002 117,915,000,000
2003 151,406,000,000
2004 197,039,000,000
2005 247,909,000,000
2006 275,174,000,000
2007 373,782,000,000
2008 604,567,000,000
2009 677,629,000,000
2010 733,274,000,000
2011 863,806,000,000
2012 1,095,750,000,000
2013 1,235,320,000,000
2014 1,305,980,000,000
2015 1,490,790,000,000
2016 1,786,220,000,000
2017 1,833,920,000,000
2018 1,758,000,000,000
2019 2,160,090,000,000
2020 2,390,410,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts