Mali ML: GDP: USD: Gross Capital Formation

Mali ML: GDP: USD: Gross Capital Formation data was reported at 3.049 USD bn in 2017. This records an increase from the previous number of 2.443 USD bn for 2016. Mali ML: GDP: USD: Gross Capital Formation data is updated yearly, averaging 525.592 USD mn from Dec 1967 (Median) to 2017, with 46 observations. The data reached an all-time high of 3.049 USD bn in 2017 and a record low of 47.914 USD mn in 1967. Mali ML: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mali – Table ML.World Bank.WDI: Gross Domestic Product: Nominal. 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 current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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What was Mali's Mali ML: GDP: USD: Gross Capital Formation in 2017?

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