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

Congo, Republic of CG: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 24.905 % in 2023. This records an increase from the previous number of 20.691 % for 2022. Congo, Republic of CG: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 27.764 % from Dec 1974 (Median) to 2023, with 50 observations. The data reached an all-time high of 78.001 % in 2015 and a record low of 14.509 % in 1989. Congo, Republic of CG: GDP: % of GDP: 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: Share of GDP. 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 1993 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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