Latin America & Caribbean | 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
Records
63
Source
Latin America & Caribbean | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971 6.86615005
1972 8.00463233
1973 13.83015559
1974 13.69529039
1975 4.9909164
1976 1.79799502
1977 2.11157012
1978 3.53621763
1979 6.42556856
1980 13.41111775
1981 -0.53329141
1982 -16.34997235
1983 -20.42628662
1984 2.38656906
1985 12.56264823
1986 -0.42619078
1987 4.35549025
1988 0.96759278
1989 -0.21745298
1990 -2.39210815
1991 7.87620562
1992 6.6099526
1993 7.44459605
1994 14.68305847
1995 -6.66323537
1996 0.14451405
1997 11.19132477
1998 5.85378328
1999 -5.00955447
2000 3.72240424
2001 -3.64835377
2002 -4.30834245
2003 3.51164845
2004 10.26732689
2005 4.28797701
2006 10.40877862
2007 13.29221569
2008 10.8020142
2009 -14.85510383
2010 18.97554949
2011 9.6376907
2012 0.41491789
2013 2.58217782
2014 -1.38909026
2015 -5.32474108
2016 -4.90046082
2017 2.30351386
2018 2.11342567
2019 -1.74316681
2020 -13.58433863
2021 19.35134893
2022 2.48028035
Latin America & Caribbean | 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
Records
63
Source