Ecuador | Gross capital formation (current LCU)
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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Ecuador
Records
63
Source
Ecuador | Gross capital formation (current LCU)
438074935.51 1960
408562502.78 1961
360124096.59 1962
436179294.51 1963
552629058.86 1964
581323000 1965
543478000 1966
584598000 1967
473802000 1968
699405000 1969
559635000 1970
616618000 1971
740499000 1972
798416000 1973
1625489000 1974
1590018000 1975
1913456000 1976
2699023000 1977
3170253000 1978
3228298000 1979
4535238000 1980
5630226000 1981
4335617000 1982
3543039000 1983
3174958000 1984
3248471000 1985
3607637000 1986
3541500000 1987
3406228000 1988
3761210000 1989
3666641000 1990
3743327000 1991
4099923000 1992
3989799000 1993
4831413000 1994
4841340000 1995
4674084000 1996
5716556000 1997
6711083000 1998
3854137000 1999
3897964000 2000
5468473000 2001
6766779000 2002
6353452000 2003
7391152000 2004
8980930000 2005
10511652000 2006
11581228000 2007
16297620000 2008
16029588000 2009
19501456000 2010
22310355000 2011
24439362000 2012
27080615000 2013
28803239000 2014
26679423000 2015
24963472000 2016
27409223000 2017
28770433000 2018
28006467000 2019
21889374000 2020
23726652000 2021
25590826000 2022
Ecuador | Gross capital formation (current LCU)
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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Ecuador
Records
63
Source