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Gross capital formation in % of GDP

(%)

In 2016, gross capital formation in Democratic Republic of the Congo was 17.6 %. In the ranking by gross capital formation 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 capital formation of 17.2 % in 2016, Democratic Republic of the Congo has 2.20 % percent higher gross capital formation.

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What is gross capital formation?

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.