Libya - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Libya was 6,726,000,000 as of 2008. As the graph below shows, over the past 6 years this indicator reached a maximum value of 6,726,000,000 in 2008 and a minimum value of 510,000,000 in 2002.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

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

Year Value
2002 510,000,000
2003 586,500,000
2004 674,475,000
2005 1,011,713,000
2006 2,892,000,000
2007 4,555,200,000
2008 6,726,000,000

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Libya was 6.31 as of 2008. Its highest value over the past 6 years was 6.31 in 2008, while its lowest value was 1.57 in 2004.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

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

See also:

Year Value
2002 1.96
2003 1.74
2004 1.57
2005 1.63
2006 4.01
2007 5.34
2008 6.31

Gross fixed capital formation (current US$)

The latest value for Gross fixed 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 $2,350,386,000 in 2003.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 $4,008,828,000
1991 $3,684,717,000
1992 $3,578,835,000
1993 $4,940,867,000
1994 $4,655,568,000
1995 $2,977,756,000
1996 $3,754,579,000
1997 $3,655,891,000
1998 $2,987,596,000
1999 $3,311,772,000
2000 $4,453,339,000
2001 $3,566,353,000
2002 $2,650,394,000
2003 $2,350,386,000
2004 $4,624,318,000
2005 $7,179,618,000
2006 $11,393,190,000
2007 $17,345,160,000
2008 $25,993,790,000

Gross fixed capital formation (current LCU)

The value for Gross fixed 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 1,007,800,000 in 1992.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 1,135,300,000
1991 1,034,300,000
1992 1,007,800,000
1993 1,504,000,000
1994 1,622,000,000
1995 1,245,000,000
1996 1,640,000,000
1997 1,685,000,000
1998 1,397,000,000
1999 1,536,000,000
2000 2,281,000,000
2001 2,158,000,000
2002 3,366,000,000
2003 3,008,495,000
2004 6,011,614,000
2005 9,393,811,000
2006 14,966,100,000
2007 21,900,000,000
2008 31,806,000,000

Gross fixed capital formation (% of GDP)

Gross fixed 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 8.95 in 2003.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 13.87
1991 11.52
1992 10.56
1993 16.12
1994 16.27
1995 11.66
1996 13.46
1997 11.91
1998 10.96
1999 9.21
2000 11.64
2001 10.46
2002 12.94
2003 8.95
2004 13.96
2005 15.17
2006 20.73
2007 25.69
2008 29.83

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts