Gabon - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Gabon was 3,121,370,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,745,750,000,000 in 2019 and a minimum value of 256,403,000,000 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
1960 284,620,000,000
1961 356,182,000,000
1962 359,435,000,000
1963 297,631,000,000
1964 265,103,000,000
1965 258,598,000,000
1966 367,042,000,000
1967 256,403,000,000
1968 265,623,000,000
1969 291,087,000,000
1970 324,016,000,000
1971 370,554,000,000
1972 442,997,000,000
1973 510,610,000,000
1974 1,434,800,000,000
1975 1,774,620,000,000
1976 2,538,990,000,000
1977 1,983,170,000,000
1978 754,280,000,000
1979 931,655,000,000
1980 956,032,000,000
1981 1,397,490,000,000
1982 1,302,640,000,000
1983 1,243,020,000,000
1984 1,307,870,000,000
1985 1,433,540,000,000
1986 1,198,920,000,000
1987 562,301,000,000
1988 1,094,590,000,000
1989 707,508,000,000
1990 707,508,000,000
1991 836,615,000,000
1992 731,285,000,000
1993 742,730,000,000
1994 741,800,000,000
1995 777,459,000,000
1996 908,906,000,000
1997 1,177,030,000,000
1998 1,345,310,000,000
1999 823,857,000,000
2000 755,722,000,000
2001 836,812,000,000
2002 1,028,210,000,000
2003 849,581,000,000
2004 855,397,000,000
2005 883,577,000,000
2006 957,320,000,000
2007 1,073,290,000,000
2008 1,150,510,000,000
2009 1,053,680,000,000
2010 1,362,850,000,000
2011 1,587,800,000,000
2012 1,935,200,000,000
2013 1,972,870,000,000
2014 2,238,960,000,000
2015 1,932,740,000,000
2016 1,917,480,000,000
2017 1,695,710,000,000
2018 3,082,530,000,000
2019 3,745,750,000,000
2020 3,121,370,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts