In 2016, real gross capital formation for Democratic Republic of the Congo was 2,465,700 million LCU. Before real gross capital formation of Democratic Republic of the Congo started to increase to reach a level of 2,465,700 million LCU in 2016, it went through a trough reaching a low of 317,106 million LCU in 2001.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross capital formation (also known as 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.