Burkina Faso BF: GDP: Real: Gross Capital Formation

1965 - 2023 | Yearly | XOF mn | World Bank

Burkina Faso BF: GDP: Real: Gross Capital Formation data was reported at 2,567,756.601 XOF mn in 2023. This records an increase from the previous number of 2,265,095.038 XOF mn for 2022. Burkina Faso BF: GDP: Real: Gross Capital Formation data is updated yearly, averaging 356,872.696 XOF mn from Dec 1965 (Median) to 2023, with 59 observations. The data reached an all-time high of 2,567,756.601 XOF mn in 2023 and a record low of 60,254.895 XOF mn in 1967. Burkina Faso BF: GDP: Real: 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: Real. 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 constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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Burkina Faso Burkina Faso BF: GDP: Real: Gross Capital Formation
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Burkina Faso Burkina Faso BF: GDP: Real: Gross Capital Formation

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

Last Previous Min Max Unit Frequency Range
2,567,756.601 2023 2,265,095.038 2022 60,254.895 1967 2,567,756.601 2023 XOF mn yearly 1965 - 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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