Estonia | Gross capital formation (constant 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 constant local currency.
Publisher
The World Bank
Origin
Republic of Estonia
Records
63
Source
Estonia | Gross capital formation (constant LCU)
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
1211722000 1993
1253708000 1994
1332273000 1995
1618202000 1996
2127713000 1997
2459992000 1998
2084015000 1999
2542208000 2000
2910191000 2001
3602454000 2002
4248277000 2003
4550825000 2004
4871381000 2005
6402735000 2006
7142114000 2007
5737032000 2008
3308832000 2009
3544652000 2010
4576326000 2011
5430315000 2012
5246447000 2013
5469920000 2014
5177284000 2015
5468442000 2016
6197291000 2017
6947429000 2018
6650213000 2019
8158211000 2020
8808236000 2021
8830714000 2022
Estonia | Gross capital formation (constant 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 constant local currency.
Publisher
The World Bank
Origin
Republic of Estonia
Records
63
Source