Libya LY: GDP: Gross Fixed Capital Formation

Libya LY: GDP: Gross Fixed Capital Formation data was reported at 31,806.000 LYD mn in 2008. This records an increase from the previous number of 21,900.000 LYD mn for 2007. Libya LY: GDP: Gross Fixed Capital Formation data is updated yearly, averaging 1,685.000 LYD mn from Dec 1990 (Median) to 2008, with 19 observations. The data reached an all-time high of 31,806.000 LYD mn in 2008 and a record low of 1,007.800 LYD mn in 1992. Libya LY: 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 Libya – Table LY.World Bank: 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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What was Libya's Libya LY: GDP: Gross Fixed Capital Formation in 2008?

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