Seychelles - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Seychelles was 5,953,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 7,643,649,000 in 2018 and a minimum value of 142,300,000 in 1976.

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
1976 142,300,000
1977 197,300,000
1978 257,500,000
1979 265,500,000
1980 360,900,000
1981 317,100,000
1982 313,200,000
1983 210,400,000
1984 231,500,000
1985 273,500,000
1986 292,700,000
1987 275,900,000
1988 390,300,000
1989 472,500,000
1990 483,400,000
1991 441,800,000
1992 471,100,000
1993 697,200,000
1994 665,500,000
1995 734,100,000
1996 977,200,000
1997 902,900,000
1998 1,107,400,000
1999 1,439,500,000
2000 884,700,000
2001 1,482,000,000
2002 1,055,729,000
2003 415,519,600
2006 1,708,000,000
2007 2,010,000,000
2008 2,461,000,000
2009 3,146,000,000
2010 4,287,000,000
2011 4,623,000,000
2012 5,811,000,000
2013 5,419,771,000
2014 6,738,706,000
2015 6,759,492,000
2016 6,896,150,000
2017 7,600,465,000
2018 7,643,649,000
2019 7,417,000,000
2020 5,953,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts