Seychelles SC: GDP: Gross Capital Formation

Seychelles SC: GDP: Gross Capital Formation data was reported at 6,465.000 SCR mn in 2015. This records a decrease from the previous number of 6,767.000 SCR mn for 2014. Seychelles SC: GDP: Gross Capital Formation data is updated yearly, averaging 681.350 SCR mn from Dec 1976 (Median) to 2015, with 38 observations. The data reached an all-time high of 6,767.000 SCR mn in 2014 and a record low of 142.300 SCR mn in 1976. Seychelles SC: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Seychelles – Table SC.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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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What was Seychelles's Seychelles SC: GDP: Gross Capital Formation in 2015?

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