Senegal - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Senegal was 5.22 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 46.18 in 1984 and a minimum value of -42.44 in 1994.

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
1966 -15.02
1967 8.69
1968 7.24
1969 4.82
1970 21.46
1971 5.30
1972 17.19
1973 -6.26
1974 2.56
1975 4.73
1976 -6.23
1977 -6.58
1978 -7.43
1979 1.28
1980 26.20
1981 45.98
1982 -29.04
1983 -29.55
1984 46.18
1985 39.58
1986 -18.20
1987 9.33
1988 -15.42
1989 -20.62
1990 27.07
1991 14.57
1992 6.51
1993 -6.59
1994 -42.44
1995 33.29
1996 -0.52
1997 32.49
1998 1.20
1999 23.08
2000 -4.55
2001 42.32
2002 -22.85
2003 33.63
2004 -0.70
2005 17.63
2006 -4.68
2007 12.78
2008 -5.16
2009 -1.45
2010 5.61
2011 5.63
2012 7.46
2013 13.54
2014 21.02
2015 11.72
2016 12.66
2017 26.88
2018 12.41
2019 2.64
2020 5.22

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts