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
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1986
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1988
1989 1384959060.1561
1990 1342111297.1103
1991 1287744400
1992 1188993000
1993 967958500
1994 1127590600
1995 1266355800
1996 1457725500
1997 1975350000
1998 2499630000
1999 2250930000
2000 2688860000
2001 2380090000
2002 2470790000
2003 2594840000
2004 2386240000
2005 2912390000
2006 3485480000
2007 3374700000
2008 3115650000
2009 2701770000
2010 2499190000
2011 2861090000
2012 3645510000
2013 3257820000
2014 3679720000
2015 3016900000
2016 3177060000
2017 3497090000
2018 3356590000
2019 3449290000
2020 2360930000
2021 2670540000
2022 2448070000

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