Burkina Faso BF: GDP: Growth: Gross Capital Formation

1966 - 2023 | Yearly | % | World Bank

Burkina Faso BF: GDP: Growth: Gross Capital Formation data was reported at 13.362 % in 2023. This records an increase from the previous number of 12.756 % for 2022. Burkina Faso BF: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.145 % from Dec 1966 (Median) to 2023, with 58 observations. The data reached an all-time high of 76.872 % in 1985 and a record low of -16.812 % in 1979. Burkina Faso BF: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 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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Burkina Faso Burkina Faso BF: GDP: Growth: Gross Capital Formation
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Burkina Faso Burkina Faso BF: GDP: Growth: Gross Capital Formation

What was Burkina Faso's Burkina Faso BF: GDP: Growth: Gross Capital Formation in 2023?

Last Previous Min Max Unit Frequency Range
13.362 2023 12.756 2022 -16.812 1979 76.872 1985 % yearly 1966 - 2023

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Burkina Faso Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 3,411.313 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 1,140.527 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.258 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XOF bn) 5,183.536 2029 yearly 1985 - 2029
Forecast: Government Net Debt (XOF bn) 9,025.183 2029 yearly 2002 - 2029
Forecast: Government Revenue (XOF bn) 4,605.984 2029 yearly 1985 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 26.880 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.678 2029 yearly 1980 - 2029

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