Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source
Europe & Central Asia | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971 -0.04129847
1972 2.97995838
1973 9.21478344
1974 -0.53921818
1975 -12.16065306
1976 8.13179947
1977 -0.12732852
1978 0.0161829
1979 7.21894963
1980 1.34361436
1981 -9.30962077
1982 0.2277324
1983 0.79869728
1984 3.44369191
1985 2.77876053
1986 6.26799382
1987 4.19194125
1988 9.23548086
1989 7.10142358
1990 4.19237881
1991 -2.8746348
1992 -9.3209469
1993 -10.68735425
1994 1.13653016
1995 3.05221905
1996 -0.36010894
1997 3.62255275
1998 3.98950291
1999 3.85854814
2000 7.17724912
2001 1.81506637
2002 -1.42530516
2003 2.16761873
2004 3.82749647
2005 3.46089719
2006 8.19839102
2007 7.6322443
2008 -0.34632107
2009 -17.99514921
2010 6.22316231
2011 5.71306051
2012 -4.22871291
2013 -0.4703989
2014 3.87115154
2015 2.88795188
2016 2.37529189
2017 4.84415702
2018 3.07542304
2019 4.32517095
2020 -6.50436438
2021 7.25432588
2022 3.3657514
Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source