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
Middle income
Records
63
Source
Middle income | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996 -15.88373173
1997 -0.04301759
1998 -25.66950889
1999 -9.47156532
2000 -2.75544921
2001 1.36053379
2002 52.06966447
2003 -15.23930755
2004 47.2766862
2005 3.63701388
2006 19.36435796
2007 37.31032407
2008 9.46538528
2009 6.62292793
2010 14.88830009
2011 7.77627825
2012 5.59678074
2013 5.21148979
2014 5.04209135
2015 0.87492328
2016 5.31755506
2017 6.31937976
2018 5.9374612
2019 2.26276944
2020 -0.47928033
2021 6.88945763
2022 3.83072241
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
Middle income
Records
63
Source