Greece | 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
Hellenic Republic
Records
63
Source
Greece | Gross capital formation (annual % growth)
1960
40.66521517 1961
-7.71898177 1962
35.04380013 1963
14.51499721 1964
20.53705479 1965
-0.16093336 1966
2.15057422 1967
12.15547103 1968
25.13358735 1969
12.00622095 1970
11.26436805 1971
17.30399905 1972
14.93825694 1973
-23.71628988 1974
-1.03067311 1975
8.56419018 1976
-7.93628561 1977
4.68192726 1978
-7.08910792 1979
0.86353738 1980
-9.93162131 1981
-3.43872876 1982
-8.5828983 1983
-2.07397633 1984
10.32020876 1985
7.7108684 1986
-20.65634255 1987
16.46710592 1988
2.05716487 1989
1.80705422 1990
9.80574365 1991
-8.24371013 1992
-4.38841966 1993
-0.64349883 1994
5.46178273 1995
7.87939358 1996
2.8573224 1997
17.13395086 1998
-0.46358867 1999
12.36372547 2000
4.46531585 2001
2.23343911 2002
18.60438323 2003
-0.65367316 2004
-10.6383697 2005
23.88106553 2006
8.53100858 2007
-9.21431666 2008
-26.88298698 2009
-10.77092627 2010
-31.83435536 2011
-21.10178092 2012
-3.08166639 2013
4.32891327 2014
4.4413172 2015
6.62059821 2016
-4.93204626 2017
7.77462871 2018
-4.21790573 2019
6.50493385 2020
22.55134521 2021
5.45986511 2022
Greece | 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
Hellenic Republic
Records
63
Source