Angola - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Angola was 395,532,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 527,557,000,000 in 2014 and a minimum value of 88,193,420,000 in 2000.

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
2000 88,193,420,000
2001 189,643,000,000
2002 202,897,000,000
2003 231,234,000,000
2004 270,867,000,000
2005 303,902,000,000
2006 316,787,000,000
2007 355,214,000,000
2008 449,115,000,000
2009 465,580,000,000
2010 423,427,000,000
2011 468,146,000,000
2012 501,695,000,000
2013 509,955,000,000
2014 527,557,000,000
2015 517,497,000,000
2016 416,394,000,000
2017 428,886,000,000
2018 405,118,000,000
2019 401,276,000,000
2020 395,532,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts