High income | 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
High income
Records
63
Source
High income | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
2.06765926 1971
5.49116232 1972
9.79122041 1973
-2.14677809 1974
-10.52375878 1975
9.10171246 1976
3.86544051 1977
4.94138215 1978
6.47060238 1979
-2.28794696 1980
-1.36407215 1981
-4.0251011 1982
2.9672836 1983
10.67427798 1984
3.95673226 1985
4.47781655 1986
4.88856639 1987
8.22756363 1988
6.5138486 1989
3.07464281 1990
-1.01339963 1991
0.51795316 1992
-1.01799972 1993
5.84521353 1994
4.40139939 1995
4.51307223 1996
4.90543716 1997
3.93300021 1998
4.59142641 1999
5.44308038 2000
-1.64241687 2001
-0.81495271 2002
2.69726881 2003
5.221988 2004
4.21351598 2005
4.7815642 2006
2.53248985 2007
-2.704797 2008
-15.27098522 2009
7.69739318 2010
4.36188122 2011
1.20688225 2012
2.36955636 2013
4.3294156 2014
4.21292601 2015
0.78206094 2016
4.29095815 2017
3.32550893 2018
2.86415384 2019
-5.00912875 2020
6.41066963 2021
2022
High income | 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
High income
Records
63
Source