Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Gross capital formation (annual % growth)
1960
-2.54787264 1961
9.37131837 1962
-0.17451263 1963
35.50369357 1964
-0.42107357 1965
-11.0226639 1966
3.87008384 1967
31.19266545 1968
1.8124718 1969
31.98765943 1970
-20.56074544 1971
8.55614803 1972
2.21675112 1973
0.4819261 1974
24.1007222 1975
20.28985432 1976
26.74699097 1977
-1.2674265 1978
-20.53915802 1979
-16.07431209 1980
-0.19249283 1981
6.65381081 1982
-50.6329122 1983
34.65751246 1984
4.18100367 1985
4.60984156 1986
14.09993911 1987
15.24183648 1988
-52.57353337 1989
-7.85086601 1990
80.20674799 1991
38.19205022 1992
-18.67287519 1993
-29.33077428 1994
36.50461068 1995
-11.04355028 1996
33.99477697 1997
4.34885107 1998
-10.6049346 1999
6.70617304 2000
13.56776425 2001
-33.98507914 2002
-35.49803338 2003
91.33468161 2004
30.46616557 2005
36.25990792 2006
28.1641956 2007
2.19137664 2008
-19.07951471 2009
1.04011818 2010
15.19261786 2011
24.06029142 2012
-13.950301 2013
-22.92432193 2014
2015
2016
2017
2018
2019
2020
2021
2022
Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source