Gross Capital Formation (Percent of GDP) of Cape Verde
Updated on May 15, 2023.

According to the World Bank, the Gross Capital Formation (Percent of GDP) of Cape Verde was 45.60% in 2021, a difference of -5.2 points compared to 2020.

Use the interactive visualization and table below to explore the values for each year between 2007-2021.

The World Bank defines Gross Capital Formation (Percent of GDP) as "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'" .

See also: GDP of Cape Verde.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of Cape Verde (US$)
Gross Capital Formation (Percent of GDP) of Cape Verde
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Year Gross Capital Formation (% GDP)
2007 49.79
2008 48.54
2009 43.79
2010 47.65
2011 47.51
2012 37.19
2013 31.63
2014 37.00
2015 30.19
2016 35.26
2017 38.21
2018 39.64
2019 35.42
2020 50.80
2021 45.60