Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation

1986 - 2023 | Yearly | % | World Bank

Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation data was reported at 8.601 % in 2023. This records a decrease from the previous number of 9.957 % for 2022. Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 1.165 % from Dec 1986 (Median) to 2023, with 38 observations. The data reached an all-time high of 108.252 % in 2007 and a record low of -50.033 % in 2017. Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Congo, Republic of – Table CG.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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Congo Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation
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Congo Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation

What was Congo's Congo, Republic of CG: GDP: Growth: Gross Fixed Capital Formation in 2023?

Last Previous Min Max Unit Frequency Range
8.601 2023 9.957 2022 -50.033 2017 108.252 2007 % yearly 1986 - 2023

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Congo Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,116.301 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 2,938.810 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.980 2028 yearly 1980 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XAF bn) 2,406.260 2029 yearly 1989 - 2029
Forecast: Government Net Debt (XAF bn) 7,504.234 2029 yearly 1989 - 2029
Forecast: Government Revenue (XAF bn) 2,986.414 2029 yearly 1989 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 5.704 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 3.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.221 2029 yearly 1980 - 2029

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