Latin America & Caribbean (excluding 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
6.98223324 1971
9.26290043 1972
14.84999724 1973
14.26104216 1974
5.11400406 1975
1.71614272 1976
2.21961936 1977
3.23685987 1978
6.28515799 1979
13.48668213 1980
-0.62136575 1981
-15.84281286 1982
-20.22262218 1983
2.01505051 1984
13.03992756 1985
-0.50472777 1986
3.59469524 1987
0.51884562 1988
-0.88167955 1989
-2.61247752 1990
8.16748624 1991
6.20274095 1992
7.09553672 1993
15.281896 1994
-8.19147762 1995
-0.2315384 1996
11.20456085 1997
6.02056083 1998
-5.06578995 1999
3.49761251 2000
-4.00157886 2001
-4.44837693 2002
3.25836577 2003
10.52929076 2004
3.4119093 2005
10.39000364 2006
13.96725679 2007
10.17553826 2008
-14.28409217 2009
19.12818884 2010
9.30677028 2011
-0.60957645 2012
3.06537905 2013
-0.88788459 2014
-5.7417078 2015
-4.9622885 2016
2.51081462 2017
1.15837692 2018
-2.07407085 2019
-13.1544331 2020
19.00503992 2021
2.34586823 2022
Latin America & Caribbean (excluding 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
Latin America & Caribbean (excluding high income)
Records
63
Source