Somalia - Gross fixed capital formation (annual % growth)

Gross fixed capital formation (annual % growth) in Somalia was at 27.53 % in 1985, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 somalia gross fixed capital formation annual percent growth wb data




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Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.


Somalia | Economy & Growth

GDP (current US$)
5925000000 USD
GDP (current LCU)
131813475000000 LCU
GDP (constant LCU)
92802973696 LCU
GNI (current US$)
5458000000 USD
GNI (current LCU)
121424126000000 LCU
GNI (constant LCU)
87873889754 LCU
Gross savings (current LCU)
89738839034 LCU