Gabon - Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Gabon was reported at 29.5 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 gabon gross capital formation percent of gdp wb data
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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.


Gabon | Economy & Growth