Bahamas, The | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source
Bahamas, The | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
-3.09379275 1990
-4.05084863 1991
-7.66855596 1992
-18.59005898 1993
16.49162645 1994
12.30634594 1995
15.11184297 1996
35.5090516 1997
26.5411193 1998
-9.94947252 1999
19.45551394 2000
-11.48330519 2001
3.81078026 2002
5.02066141 2003
-8.03903131 2004
22.04933284 2005
19.67765306 2006
-3.17832838 2007
-7.67623789 2008
-13.28390545 2009
-7.49804758 2010
14.48069174 2011
27.41682366 2012
-10.63472601 2013
12.95037786 2014
-18.01278358 2015
5.30876065 2016
10.07314939 2017
-4.01762608 2018
2.7617314 2019
-31.55316022 2020
13.11390003 2021
-8.33052491 2022
Bahamas, The | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source