Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | Gross capital formation (annual % growth)
1960
10.085212 1961
-6.67597079 1962
-3.42663178 1963
13.19950306 1964
-3.19238396 1965
29.73447029 1966
-9.26014518 1967
14.52378223 1968
-2.21572827 1969
29.25860728 1970
4.26933553 1971
-2.43909847 1972
9.08340857 1973
19.82789377 1974
-18.0177927 1975
9.30735931 1976
16.24426872 1977
6.91452874 1978
-0.31652337 1979
10.87534864 1980
13.23458271 1981
5.33335612 1982
-2.1504068 1983
-5.89166694 1984
-9.64314973 1985
4.35198003 1986
9.21448458 1987
8.00934124 1988
-7.32671228 1989
-1.17251929 1990
-8.73738553 1991
42.98492472 1992
38.20161429 1993
26.71266705 1994
6.0658982 1995
-12.01993985 1996
-0.64483438 1997
-6.30813595 1998
-38.6299754 1999
12.26330423 2000
8.42395912 2001
10.07036747 2002
11.3551032 2003
11.18320333 2004
11.47280672 2005
16.93380996 2006
15.79705143 2007
9.08332198 2008
-6.29557342 2009
9.56209488 2010
18.51592739 2011
2.88671304 2012
7.80662422 2013
11.95356021 2014
-1.15122486 2015
-0.16256763 2016
-3.22837367 2017
1.50410111 2018
2.95243273 2019
-21.07462192 2020
12.55231498 2021
16.81448194 2022
Colombia | 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
Republic of Colombia
Records
63
Source