Cape Verde CV: GDP: Gross Capital Formation

Cape Verde CV: GDP: Gross Capital Formation data was reported at 64,001.143 CVE mn in 2017. This records an increase from the previous number of 58,917.217 CVE mn for 2016. Cape Verde CV: GDP: Gross Capital Formation data is updated yearly, averaging 59,500.671 CVE mn from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 70,276.890 CVE mn in 2011 and a record low of 47,905.858 CVE mn in 2015. Cape Verde CV: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cabo Verde – Table CV.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 Cape Verde's Cape Verde CV: GDP: Gross Capital Formation in 2014?

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