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
1971 6.6573757
1972 8.25129969
1973 14.41437694
1974 14.60381014
1975 4.91959539
1976 1.74185826
1977 2.39188887
1978 3.48111009
1979 6.71310122
1980 13.74510929
1981 -0.76666038
1982 -16.56455671
1983 -21.14564747
1984 1.82189557
1985 12.78603874
1986 0.00130835
1987 4.40462655
1988 0.51123747
1989 -0.65398534
1990 -2.45163285
1991 8.97345014
1992 7.60106972
1993 7.88852745
1994 15.12440705
1995 -6.99131433
1996 -0.12595688
1997 11.10546831
1998 6.04167078
1999 -5.63529524
2000 3.71440205
2001 -3.74848386
2002 -4.23473339
2003 3.66713958
2004 10.38582097
2005 4.23289344
2006 10.46483111
2007 13.75924012
2008 11.06558185
2009 -14.85505278
2010 19.54853036
2011 9.6469537
2012 0.24897691
2013 2.7319011
2014 -1.36664547
2015 -5.48608189
2016 -5.00667916
2017 2.28808025
2018 1.55266908
2019 -1.87456594
2020 -13.34595531
2021 19.91596485
2022 2.25896888
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