Algeria - Gross fixed capital formation in % of GDP

41.4 (%) in 2017

In 2017, gross fixed capital formation for Algeria was 41.4 %. Gross fixed capital formation of Algeria increased from 25.8 % in 1998 to 41.4 % in 2017 growing at an average annual rate of 3.05%.

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What is gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realized by the productive activity of institutional units.

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What is Algeria gross fixed capital formation?