European Union | 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
European Union
Records
63
Source
European Union | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
-0.7130248 1971
4.06087946 1972
8.28013012 1973
-0.13334595 1974
-11.30389179 1975
8.63360491 1976
-0.4788452 1977
0.03854011 1978
7.4740707 1979
2.48421012 1980
-9.85128193 1981
-1.13826662 1982
-0.37235642 1983
3.35307284 1984
2.67251381 1985
5.86356751 1986
4.06430982 1987
9.04244649 1988
8.0689832 1989
5.47814629 1990
0.12948949 1991
-1.41709851 1992
-7.77772321 1993
6.01189687 1994
5.21733793 1995
0.08112274 1996
4.24978832 1997
6.95774276 1998
4.92035962 1999
5.68872671 2000
0.52804838 2001
-1.97637294 2002
1.44045214 2003
3.31850008 2004
2.09230192 2005
7.28681205 2006
7.0266199 2007
-1.17663074 2008
-16.37340507 2009
4.40525623 2010
4.05993028 2011
-7.08665969 2012
-0.79053716 2013
4.04934786 2014
5.05862232 2015
3.24971155 2016
5.38509439 2017
3.97112105 2018
4.76418055 2019
-6.56324461 2020
7.42441665 2021
4.30758636 2022
European Union | 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
European Union
Records
63
Source