Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source
Latin America & the Caribbean (IDA & IBRD countries) | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
6.6573757 1971
8.25129969 1972
14.41437694 1973
14.60381014 1974
4.91959539 1975
1.74185826 1976
2.39188887 1977
3.48111009 1978
6.71310122 1979
13.74510929 1980
-0.76666038 1981
-16.56455671 1982
-21.14564747 1983
1.82189557 1984
12.78603874 1985
0.00130835 1986
4.40462655 1987
0.51123747 1988
-0.65398534 1989
-2.45163285 1990
8.97345014 1991
7.60106972 1992
7.88852745 1993
15.12440705 1994
-6.99131433 1995
-0.12595688 1996
11.10546831 1997
6.04167078 1998
-5.63529524 1999
3.71440205 2000
-3.74848386 2001
-4.23473339 2002
3.66713958 2003
10.38582097 2004
4.23289344 2005
10.46483111 2006
13.75924012 2007
11.06558185 2008
-14.85505278 2009
19.54853036 2010
9.6469537 2011
0.24897691 2012
2.7319011 2013
-1.36664547 2014
-5.48608189 2015
-5.00667916 2016
2.28808025 2017
1.55266908 2018
-1.87456594 2019
-13.34595531 2020
19.91596485 2021
2.25896888 2022

Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source