Libya - Gross capital formation
Gross capital formation (current US$)
The latest value for Gross capital formation (current US$) in Libya was $25,993,790,000 as of 2008. Over the past 18 years, the value for this indicator has fluctuated between $25,993,790,000 in 2008 and $2,768,504,000 in 2002.
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 |
|---|---|
| 1990 | $5,380,297,000 |
| 1991 | $4,195,226,000 |
| 1992 | $4,116,833,000 |
| 1993 | $4,991,130,000 |
| 1994 | $4,671,929,000 |
| 1995 | $3,106,434,000 |
| 1996 | $4,322,573,000 |
| 1997 | $3,794,749,000 |
| 1998 | $3,259,196,000 |
| 1999 | $3,410,953,000 |
| 2000 | $4,531,433,000 |
| 2001 | $3,665,510,000 |
| 2002 | $2,768,504,000 |
| 2003 | $5,084,761,000 |
| 2004 | $3,855,088,000 |
| 2005 | $4,504,595,000 |
| 2006 | $11,558,310,000 |
| 2007 | $17,622,680,000 |
| 2008 | $25,993,790,000 |
Gross capital formation (current LCU)
The value for Gross capital formation (current LCU) in Libya was 31,806,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 31,806,000,000 in 2008 and a minimum value of 1,159,300,000 in 1992.
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 |
|---|---|
| 1990 | 1,523,700,000 |
| 1991 | 1,177,600,000 |
| 1992 | 1,159,300,000 |
| 1993 | 1,519,300,000 |
| 1994 | 1,627,700,000 |
| 1995 | 1,298,800,000 |
| 1996 | 1,888,100,000 |
| 1997 | 1,749,000,000 |
| 1998 | 1,524,000,000 |
| 1999 | 1,582,000,000 |
| 2000 | 2,321,000,000 |
| 2001 | 2,218,000,000 |
| 2002 | 3,516,000,000 |
| 2003 | 6,508,494,000 |
| 2004 | 5,011,614,000 |
| 2005 | 5,893,812,000 |
| 2006 | 15,183,000,000 |
| 2007 | 22,250,400,000 |
| 2008 | 31,806,000,000 |
Gross capital formation (% of GDP)
Gross capital formation (% of GDP) in Libya was 29.83 as of 2008. Its highest value over the past 18 years was 29.83 in 2008, while its lowest value was 9.48 in 1999.
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 |
|---|---|
| 1990 | 18.62 |
| 1991 | 13.11 |
| 1992 | 12.15 |
| 1993 | 16.28 |
| 1994 | 16.33 |
| 1995 | 12.16 |
| 1996 | 15.50 |
| 1997 | 12.36 |
| 1998 | 11.96 |
| 1999 | 9.48 |
| 2000 | 11.84 |
| 2001 | 10.75 |
| 2002 | 13.52 |
| 2003 | 19.36 |
| 2004 | 11.64 |
| 2005 | 9.52 |
| 2006 | 21.03 |
| 2007 | 26.10 |
| 2008 | 29.83 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
