North Macedonia | Gross capital formation (constant LCU)

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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Macedonia
Records
63
Source
North Macedonia | Gross capital formation (constant LCU)
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 45198768500
1991 38374155300
1992 30402263200
1993 33063749300
1994 31714157200
1995 31930900000
1996 33540000000
1997 39371800000
1998 40287300000
1999 35929600000
2000 54044000000
2001 50721000000
2002 59859000000
2003 56834000000
2004 67434000000
2005 61213000000
2006 67019000000
2007 75881000000
2008 92829000000
2009 92279000000
2010 88768000000
2011 104682000000
2012 115340000000
2013 115909000000
2014 128280000000
2015 138890000000
2016 156294000000
2017 152849000000
2018 155406000000
2019 170189000000
2020 141774266700
2021 145787192700
2022 167694973000

North Macedonia | Gross capital formation (constant LCU)

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 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Macedonia
Records
63
Source