Bahamas, The | Gross capital formation (constant LCU)
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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source
Bahamas, The | Gross capital formation (constant LCU)
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
1384959060.1561 1989
1342111297.1103 1990
1287744400 1991
1188993000 1992
967958500 1993
1127590600 1994
1266355800 1995
1457725500 1996
1975350000 1997
2499630000 1998
2250930000 1999
2688860000 2000
2380090000 2001
2470790000 2002
2594840000 2003
2386240000 2004
2912390000 2005
3485480000 2006
3374700000 2007
3115650000 2008
2701770000 2009
2499190000 2010
2861090000 2011
3645510000 2012
3257820000 2013
3679720000 2014
3016900000 2015
3177060000 2016
3497090000 2017
3356590000 2018
3449290000 2019
2360930000 2020
2670540000 2021
2448070000 2022
Bahamas, The | Gross capital formation (constant LCU)
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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source