Central African Republic - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Central African Republic was 141,464,000,000 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 191,572,000,000 in 2016 and a minimum value of 57,736,000,000 in 2013.

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
2009 100,776,000,000
2010 132,707,000,000
2011 101,734,000,000
2012 78,946,000,000
2013 57,736,000,000
2014 111,003,000,000
2015 129,029,000,000
2016 191,572,000,000
2017 138,003,000,000
2018 173,851,000,000
2019 157,223,000,000
2020 141,464,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts