Angola AO: GDP: Gross Fixed Capital Formation

Angola AO: GDP: Gross Fixed Capital Formation data was reported at 16,478,456.259 AOA mn in 2023. This records an increase from the previous number of 13,701,439.500 AOA mn for 2022. Angola AO: GDP: Gross Fixed Capital Formation data is updated yearly, averaging 2,280,680.000 AOA mn from Dec 1985 (Median) to 2023, with 28 observations. The data reached an all-time high of 16,478,456.259 AOA mn in 2023 and a record low of 0.000 AOA mn in 1990. Angola AO: 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 Angola – Table AO.World Bank.WDI: Gross Domestic Product: Nominal. 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. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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