Togo - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Togo was 15.00 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 87.10 in 1994 and a minimum value of -62.20 in 1993.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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
1961 -21.51
1962 27.40
1963 29.03
1964 82.50
1965 24.01
1966 -13.92
1967 -20.00
1968 -10.64
1969 25.60
1970 11.37
1971 10.64
1972 10.00
1973 4.90
1974 2.33
1975 46.58
1976 -18.22
1977 77.45
1978 17.55
1979 -5.55
1980 -34.21
1981 -2.96
1982 -17.09
1983 -20.41
1984 2.05
1985 21.11
1986 29.78
1987 -4.12
1988 -2.80
1989 2.43
1990 25.53
1991 -36.12
1992 -9.20
1993 -62.20
1994 87.10
1995 13.80
1996 19.85
1997 -6.90
1998 25.30
1999 -6.70
2000 3.20
2001 1.88
2002 8.72
2003 11.11
2004 3.31
2005 -24.01
2006 -10.92
2007 -10.62
2008 10.10
2009 12.70
2010 6.78
2011 23.06
2012 -2.21
2013 35.65
2014 -1.14
2015 24.58
2016 2.27
2017 -9.77
2018 6.34
2019 20.38
2020 15.00

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts