Burkina Faso - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Burkina Faso was 19.90 as of 2019. As the graph below shows, over the past 53 years this indicator reached a maximum value of 76.87 in 1985 and a minimum value of -16.81 in 1979.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1966 0.00
1967 -6.33
1968 5.40
1969 20.51
1970 4.25
1971 40.96
1972 27.54
1973 17.05
1974 10.68
1975 -0.88
1976 0.88
1977 -8.77
1978 3.36
1979 -16.81
1980 2.05
1981 -0.20
1982 30.76
1983 -7.76
1984 1.63
1985 76.87
1986 -11.90
1987 -4.93
1988 7.35
1989 5.26
1990 1.11
1991 14.18
1992 -10.29
1993 0.93
1994 24.97
1995 -7.86
1996 13.04
1997 17.41
1998 -3.46
1999 -14.09
2000 -11.59
2001 6.63
2002 1.66
2003 19.58
2004 5.03
2005 25.89
2006 -3.40
2007 12.16
2008 20.73
2009 4.72
2010 21.36
2011 10.88
2012 21.29
2013 -2.05
2014 -10.89
2015 13.74
2016 15.22
2017 12.83
2018 11.22
2019 19.90

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts