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Gross fixed capital formation in current prices growth rate

(%)

In 2016, gross fixed capital formation growth in Democratic Republic of the Congo was 1.2 %. In the ranking by gross fixed capital formation growth including 195 countries, Democratic Republic of the Congo has the 48th rank that is close to the positions of such countries as Czech Republic and the Denmark. Compared to Afghanistan which at the top of the ranking with gross fixed capital formation growth of 2.7 % in 2016, Democratic Republic of the Congo has 53.42 % percent lower gross fixed capital formation growth.

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What is gross fixed capital formation growth?

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) realised by the productive activity of institutional units.