Lesotho LS: GDP: Real: Gross Capital Formation

Lesotho LS: GDP: Real: Gross Capital Formation data was reported at 7,690.595 LSL mn in 2016. This records an increase from the previous number of 7,651.277 LSL mn for 2015. Lesotho LS: GDP: Real: Gross Capital Formation data is updated yearly, averaging 574.440 LSL mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 7,690.595 LSL mn in 2016 and a record low of 0.654 LSL mn in 1960. Lesotho LS: GDP: Real: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Lesotho – Table LS.World Bank.WDI: Gross Domestic Product: Real. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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What was Lesotho's Lesotho LS: GDP: Real: Gross Capital Formation in 2016?

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