Senegal - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Senegal was 4,327,570,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 4,360,640,000,000 in 2019 and a minimum value of 16,907,330,000 in 1965.

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
1965 16,907,330,000
1966 26,112,220,000
1967 30,436,500,000
1968 23,821,020,000
1969 26,444,870,000
1970 34,222,970,000
1971 37,569,160,000
1972 42,221,060,000
1973 44,625,180,000
1974 61,578,540,000
1975 67,816,370,000
1976 70,849,780,000
1977 71,808,280,000
1978 77,543,500,000
1979 97,985,220,000
1980 114,312,000,000
1981 141,724,000,000
1982 222,084,000,000
1983 230,957,000,000
1984 250,829,000,000
1985 261,965,000,000
1986 206,893,000,000
1987 242,130,000,000
1988 265,272,000,000
1989 276,905,000,000
1990 293,741,000,000
1991 300,723,000,000
1992 315,471,000,000
1993 305,850,000,000
1994 479,102,000,000
1995 483,126,000,000
1996 550,005,000,000
1997 558,838,000,000
1998 719,431,000,000
1999 893,127,000,000
2000 955,474,000,000
2001 1,218,760,000,000
2002 1,123,490,000,000
2003 1,216,640,000,000
2004 1,255,870,000,000
2005 1,426,360,000,000
2006 1,369,960,000,000
2007 1,648,970,000,000
2008 1,971,430,000,000
2009 1,548,840,000,000
2010 1,602,280,000,000
2011 1,762,970,000,000
2012 2,220,320,000,000
2013 2,248,740,000,000
2014 2,529,860,000,000
2015 2,714,730,000,000
2016 2,861,660,000,000
2017 3,635,050,000,000
2018 4,192,030,000,000
2019 4,360,640,000,000
2020 4,327,570,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts