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
1971 6.98223324
1972 9.26290043
1973 14.84999724
1974 14.26104216
1975 5.11400406
1976 1.71614272
1977 2.21961936
1978 3.23685987
1979 6.28515799
1980 13.48668213
1981 -0.62136575
1982 -15.84281286
1983 -20.22262218
1984 2.01505051
1985 13.03992756
1986 -0.50472777
1987 3.59469524
1988 0.51884562
1989 -0.88167955
1990 -2.61247752
1991 8.16748624
1992 6.20274095
1993 7.09553672
1994 15.281896
1995 -8.19147762
1996 -0.2315384
1997 11.20456085
1998 6.02056083
1999 -5.06578995
2000 3.49761251
2001 -4.00157886
2002 -4.44837693
2003 3.25836577
2004 10.52929076
2005 3.4119093
2006 10.39000364
2007 13.96725679
2008 10.17553826
2009 -14.28409217
2010 19.12818884
2011 9.30677028
2012 -0.60957645
2013 3.06537905
2014 -0.88788459
2015 -5.7417078
2016 -4.9622885
2017 2.51081462
2018 1.15837692
2019 -2.07407085
2020 -13.1544331
2021 19.00503992
2022 2.34586823

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