Morocco - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Morocco was 298,295,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 349,405,000,000 in 2018 and a minimum value of 13,684,550,000 in 1966.

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
1966 13,684,550,000
1967 19,020,950,000
1968 17,641,300,000
1969 25,837,670,000
1970 36,628,850,000
1971 37,191,150,000
1972 30,651,440,000
1973 32,282,070,000
1974 42,567,360,000
1975 55,666,690,000
1976 65,749,520,000
1977 82,390,070,000
1978 56,598,530,000
1979 56,046,850,000
1980 62,095,890,000
1981 57,112,300,000
1982 62,487,500,000
1983 52,482,230,000
1984 62,876,610,000
1985 68,020,500,000
1986 68,193,810,000
1987 65,382,430,000
1988 69,539,830,000
1989 82,750,500,000
1990 84,190,510,000
1991 86,433,510,000
1992 87,633,140,000
1993 84,235,890,000
1994 84,916,420,000
1995 91,617,330,000
1996 95,581,500,000
1997 102,626,000,000
1998 121,078,000,000
1999 118,634,000,000
2000 120,784,000,000
2001 132,120,000,000
2002 138,960,000,000
2003 164,857,000,000
2004 180,328,000,000
2005 178,689,000,000
2006 193,526,000,000
2007 219,418,000,000
2008 269,611,000,000
2009 262,416,000,000
2010 257,849,000,000
2011 284,367,000,000
2012 281,716,000,000
2013 295,803,000,000
2014 289,305,000,000
2015 291,811,000,000
2016 317,273,000,000
2017 330,399,000,000
2018 349,405,000,000
2019 347,861,000,000
2020 298,295,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts