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