Togo - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Togo was 1,029,480,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,029,480,000,000 in 2020 and a minimum value of 2,500,003,000 in 1961.

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 3,200,003,000
1961 2,500,003,000
1962 3,300,004,000
1963 4,500,005,000
1964 8,200,008,000
1965 10,300,000,000
1966 8,699,998,000
1967 7,199,998,000
1968 6,599,999,000
1969 9,200,001,000
1970 10,600,000,000
1971 14,900,000,000
1972 17,500,000,000
1973 19,700,000,000
1974 22,100,000,000
1975 36,600,000,000
1976 36,800,000,000
1977 65,600,000,000
1978 97,999,980,000
1979 92,599,810,000
1980 68,299,970,000
1981 62,299,990,000
1982 57,599,990,000
1983 60,100,000,000
1984 47,200,000,000
1985 56,970,000,000
1986 69,180,000,000
1987 66,220,000,000
1988 65,821,920,000
1989 71,300,000,000
1990 117,806,000,000
1991 77,357,560,000
1992 70,404,700,000
1993 26,119,010,000
1994 82,071,000,000
1995 105,420,000,000
1996 140,700,000,000
1997 142,498,000,000
1998 153,928,000,000
1999 129,450,000,000
2000 162,159,000,000
2001 177,490,000,000
2002 201,054,000,000
2003 179,632,000,000
2004 167,615,000,000
2005 198,398,000,000
2006 227,132,000,000
2007 228,050,000,000
2008 314,037,000,000
2009 351,163,000,000
2010 373,794,000,000
2011 522,148,000,000
2012 505,858,000,000
2013 584,636,000,000
2014 630,633,000,000
2015 796,488,000,000
2016 765,363,000,000
2017 680,189,000,000
2018 715,423,000,000
2019 869,078,000,000
2020 1,029,480,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts