Belgium | 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
Kingdom of Belgium
Records
63
Source
Belgium | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
-2.04688592 1971
-0.0803933 1972
11.83557882 1973
10.28879585 1974
-13.34446297 1975
8.28817469 1976
0.75537263 1977
2.28593704 1978
0.32133431 1979
15.18253524 1980
-18.3056895 1981
-7.52734958 1982
-11.10869147 1983
12.68473986 1984
-3.15568283 1985
5.56677671 1986
9.23878471 1987
18.86780188 1988
10.86214945 1989
7.67090808 1990
-3.62621989 1991
1.82913747 1992
-2.95652522 1993
3.76443539 1994
4.11374059 1995
0.41543862 1996
7.67936209 1997
1.53592826 1998
3.81136063 1999
7.189729 2000
-2.70387845 2001
-4.71402317 2002
0.30300384 2003
10.61884607 2004
8.16133495 2005
3.6926485 2006
8.72658454 2007
2.03589093 2008
-8.73376679 2009
2.2206297 2010
7.74828698 2011
-1.85436044 2012
-3.78596619 2013
5.41127913 2014
5.50522125 2015
5.15255236 2016
1.4226643 2017
4.67658375 2018
1.93695833 2019
-7.34473009 2020
6.43100228 2021
1.31993129 2022
Belgium | 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
Kingdom of Belgium
Records
63
Source