Namibia NA: GDP: Real: Gross Fixed Capital Formation

Namibia NA: GDP: Real: Gross Fixed Capital Formation data was reported at 23,149.840 NAD mn in 2017. This records a decrease from the previous number of 30,616.051 NAD mn for 2016. Namibia NA: GDP: Real: Gross Fixed Capital Formation data is updated yearly, averaging 8,333.115 NAD mn from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 42,913.168 NAD mn in 2015 and a record low of 3,087.505 NAD mn in 1986. Namibia NA: GDP: Real: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Namibia – Table NA.World Bank: Gross Domestic Product: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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