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
-0.04129847 1971
2.97995838 1972
9.21478344 1973
-0.53921818 1974
-12.16065306 1975
8.13179947 1976
-0.12732852 1977
0.0161829 1978
7.21894963 1979
1.34361436 1980
-9.30962077 1981
0.2277324 1982
0.79869728 1983
3.44369191 1984
2.77876053 1985
6.26799382 1986
4.19194125 1987
9.23548086 1988
7.10142358 1989
4.19237881 1990
-2.8746348 1991
-9.3209469 1992
-10.68735425 1993
1.13653016 1994
3.05221905 1995
-0.36010894 1996
3.62255275 1997
3.98950291 1998
3.85854814 1999
7.17724912 2000
1.81506637 2001
-1.42530516 2002
2.16761873 2003
3.82749647 2004
3.46089719 2005
8.19839102 2006
7.6322443 2007
-0.34632107 2008
-17.99514921 2009
6.22316231 2010
5.71306051 2011
-4.22871291 2012
-0.4703989 2013
3.87115154 2014
2.88795188 2015
2.37529189 2016
4.84415702 2017
3.07542304 2018
4.32517095 2019
-6.50436438 2020
7.25432588 2021
3.3657514 2022
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