East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source
East Asia & Pacific | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
-9.72594561 1996
-3.28707774 1997
-24.41132533 1998
-7.31750867 1999
-3.11831434 2000
-3.17471325 2001
38.80414847 2002
-17.59597217 2003
36.93571004 2004
0.75052881 2005
13.12744347 2006
30.95309627 2007
5.57792852 2008
7.81397236 2009
12.92152382 2010
6.70841218 2011
6.00486821 2012
7.11809131 2013
6.19857858 2014
3.91730301 2015
6.00860583 2016
5.92442503 2017
5.48399118 2018
2.97975251 2019
1.65397727 2020
3.8718603 2021
3.20871514 2022
East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source