Somalia SO: GDP: % of GDP: Gross Fixed Capital Formation

Somalia SO: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 9.534 % in 2017. This records an increase from the previous number of 9.458 % for 2016. Somalia SO: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 17.832 % from Dec 1970 to 2017, with 26 observations. The data reached an all-time high of 43.081 % in 1980 and a record low of 8.535 % in 2015. Somalia SO: GDP: % of GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Somalia – Table SO.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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