Cabo Verde - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Cabo Verde was $865,431,200 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $886,473,700 in 2011 and $482,019,600 in 2015.

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 U.S. dollars.

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

See also:

Year Value
2007 $753,783,400
2008 $868,456,600
2009 $749,594,900
2010 $792,999,500
2011 $886,473,700
2012 $647,840,400
2013 $585,296,000
2014 $688,241,000
2015 $482,019,600
2016 $586,317,200
2017 $675,734,300
2018 $779,496,100
2019 $701,945,200
2020 $865,431,200

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Cabo Verde was 83,770,020,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 83,770,020,000 in 2020 and a minimum value of 47,905,860,000 in 2015.

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
2007 60,730,370,000
2008 65,376,110,000
2009 59,500,670,000
2010 66,024,190,000
2011 70,276,890,000
2012 55,920,940,000
2013 48,622,000,000
2014 57,147,750,000
2015 47,905,860,000
2016 58,449,200,000
2017 66,146,350,000
2018 72,815,460,000
2019 69,138,240,000
2020 83,770,020,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Cabo Verde was 769,943,200 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 769,943,200 in 2020 and 482,019,600 in 2015.

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 2010 U.S. dollars.

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

See also:

Year Value
2007 680,711,700
2008 706,785,700
2009 642,751,400
2010 706,996,400
2011 722,492,800
2012 570,050,300
2013 496,366,000
2014 586,399,900
2015 482,019,600
2016 585,957,300
2017 658,273,700
2018 686,754,000
2019 643,158,000
2020 769,943,200

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Cabo Verde was 19.71 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 21.56 in 2016 and a minimum value of -21.10 in 2012.

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
2008 3.83
2009 -9.06
2010 10.00
2011 2.19
2012 -21.10
2013 -12.93
2014 18.14
2015 -17.80
2016 21.56
2017 12.34
2018 4.33
2019 -6.35
2020 19.71

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Cabo Verde was 68,691,250,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 68,691,250,000 in 2020 and a minimum value of 43,003,850,000 in 2015.

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
2007 60,730,370,000
2008 63,056,580,000
2009 57,343,710,000
2010 63,075,380,000
2011 64,457,910,000
2012 50,857,600,000
2013 44,283,790,000
2014 52,316,240,000
2015 43,003,850,000
2016 52,276,760,000
2017 58,728,540,000
2018 61,269,440,000
2019 57,379,970,000
2020 68,691,250,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Cabo Verde was 50.80 as of 2020. Its highest value over the past 13 years was 50.80 in 2020, while its lowest value was 30.19 in 2015.

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.

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

See also:

Year Value
2007 49.79
2008 48.54
2009 43.79
2010 47.65
2011 47.51
2012 37.19
2013 31.63
2014 37.00
2015 30.19
2016 35.26
2017 38.21
2018 39.64
2019 35.42
2020 50.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts