Burkina Faso - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Burkina Faso was 2,353,650,000,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,353,650,000,000 in 2019 and a minimum value of 60,254,900,000 in 1967.

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 constant local currency.

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

Year Value
1965 64,325,070,000
1966 64,327,540,000
1967 60,254,900,000
1968 63,511,320,000
1969 76,540,320,000
1970 79,796,740,000
1971 112,481,000,000
1972 143,454,000,000
1973 167,908,000,000
1974 185,837,000,000
1975 184,208,000,000
1976 185,837,000,000
1977 169,537,000,000
1978 175,242,000,000
1979 145,780,000,000
1980 148,762,000,000
1981 148,462,000,000
1982 194,130,000,000
1983 179,066,000,000
1984 181,989,000,000
1985 321,888,000,000
1986 283,577,000,000
1987 269,584,000,000
1988 289,392,000,000
1989 304,613,000,000
1990 308,003,000,000
1991 351,681,000,000
1992 315,510,000,000
1993 318,454,000,000
1994 397,976,000,000
1995 366,685,000,000
1996 414,519,000,000
1997 486,680,000,000
1998 469,854,000,000
1999 403,662,000,000
2000 356,873,000,000
2001 380,528,000,000
2002 386,861,000,000
2003 462,619,000,000
2004 485,886,000,000
2005 611,697,000,000
2006 590,897,000,000
2007 662,756,000,000
2008 800,140,000,000
2009 837,909,000,000
2010 1,016,870,000,000
2011 1,127,490,000,000
2012 1,367,480,000,000
2013 1,339,470,000,000
2014 1,193,560,000,000
2015 1,357,560,000,000
2016 1,564,180,000,000
2017 1,764,880,000,000
2018 1,962,990,000,000
2019 2,353,650,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts