Senegal - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Senegal was 4,904,660,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 4,904,660,000,000 in 2020 and a minimum value of 299,801,000,000 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
1965 352,797,000,000
1966 299,801,000,000
1967 325,850,000,000
1968 349,427,000,000
1969 366,275,000,000
1970 444,876,000,000
1971 468,452,000,000
1972 548,994,000,000
1973 514,614,000,000
1974 527,781,000,000
1975 552,745,000,000
1976 518,293,000,000
1977 484,173,000,000
1978 448,201,000,000
1979 453,922,000,000
1980 572,873,000,000
1981 836,295,000,000
1982 593,469,000,000
1983 418,117,000,000
1984 611,194,000,000
1985 853,085,000,000
1986 697,826,000,000
1987 762,905,000,000
1988 645,239,000,000
1989 512,199,000,000
1990 650,835,000,000
1991 745,675,000,000
1992 794,250,000,000
1993 741,910,000,000
1994 427,051,000,000
1995 569,211,000,000
1996 566,233,000,000
1997 750,174,000,000
1998 759,199,000,000
1999 934,415,000,000
2000 891,856,000,000
2001 1,269,320,000,000
2002 979,328,000,000
2003 1,308,690,000,000
2004 1,299,540,000,000
2005 1,528,630,000,000
2006 1,457,140,000,000
2007 1,643,420,000,000
2008 1,558,620,000,000
2009 1,535,980,000,000
2010 1,622,110,000,000
2011 1,713,370,000,000
2012 1,841,260,000,000
2013 2,090,530,000,000
2014 2,529,860,000,000
2015 2,826,330,000,000
2016 3,184,280,000,000
2017 4,040,260,000,000
2018 4,541,480,000,000
2019 4,661,350,000,000
2020 4,904,660,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts