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