Dominican Republic | 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
Dominican Republic
Records
63
Source
Dominican Republic | Gross capital formation (annual % growth)
1960
1961 -25.82417764
1962 72.74074389
1963 42.02400956
1964 23.73188426
1965 -52.95265763
1966 76.56943196
1967 -0.98017393
1968 0.39420067
1969 31.70639686
1970 11.6426862
1971 17.15878478
1972 12.47589512
1973 26.876356
1974 16.9775655
1975 10.06100993
1976 -5.79492791
1977 7.31712128
1978 2.68658987
1979 8.19958118
1980 3.3505072
1981 -13.54299418
1982 -12.21944983
1983 11.13827932
1984 -11.57904991
1985 -4.84589451
1986 26.48409466
1987 27.69885544
1988 -5.44231408
1989 13.72073802
1990 -8.56309559
1991 -5.36859736
1992 22.80309059
1993 15.10144131
1994 15.00478893
1995 4.16302475
1996 8.32533466
1997 21.39569539
1998 43.55714162
1999 -1.29271361
2000 9.57122304
2001 0.91409717
2002 3.87387735
2003 -21.14945042
2004 -1.48972351
2005 14.93212472
2006 16.90791973
2007 13.87082104
2008 7.98842818
2009 -17.75276934
2010 19.57102759
2011 -5.18775376
2012 -0.5690035
2013 -2.07757518
2014 8.84681269
2015 18.6873709
2016 11.70503405
2017 -0.84793881
2018 18.00636162
2019 7.90900119
2020 -26.41017483
2021 16.30848424
2022 4.34336078

Dominican Republic | 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
Dominican Republic
Records
63
Source