Lower middle 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
Lower middle income
Records
63
Source
Lower middle income | Gross capital formation (annual % growth)
1960
5.85395504 1961
4.95801699 1962
6.55510094 1963
10.5525998 1964
12.83012078 1965
3.69218455 1966
5.90560387 1967
9.45860757 1968
5.30394786 1969
6.05073969 1970
2.82163544 1971
12.75826498 1972
7.91508961 1973
26.9713229 1974
21.71344554 1975
22.34403965 1976
6.98870974 1977
-7.96053462 1978
-22.16143645 1979
12.23473624 1980
-3.96872169 1981
-0.51690451 1982
15.03215075 1983
-11.38422656 1984
-1.8456372 1985
-2.85251254 1986
1.09728576 1987
-8.95830447 1988
9.98363332 1989
13.64843819 1990
-1.72243549 1991
-0.88557696 1992
-11.31147929 1993
-4.05542548 1994
7.25949466 1995
7.83098494 1996
6.22915586 1997
2.20553324 1998
6.37317399 1999
0.62295007 2000
9.32101317 2001
9.24459739 2002
12.98842016 2003
15.50165855 2004
8.59278386 2005
9.59859982 2006
16.48534897 2007
4.2020338 2008
5.80245293 2009
11.04473406 2010
1.33727689 2011
3.7140691 2012
-1.65496233 2013
5.81616436 2014
-1.64477594 2015
8.57852765 2016
9.04346911 2017
7.20335307 2018
-1.91917594 2019
-6.11238581 2020
12.21027417 2021
6.54623815 2022
Lower middle 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
Lower middle income
Records
63
Source