Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Gross capital formation (constant LCU)
4356566155.4 1960
4245566398.3 1961
4643431942.3 1962
4635328567 1963
6281041417.5 1964
6254593612.4 1965
5565170780 1966
5780547555.2 1967
7583654415.5 1968
7721106013.4 1969
10190907109 1970
8095580639.9 1971
8788250503.4 1972
8983064145 1973
9026355875.7 1974
11201772830 1975
13474596218 1976
17078645251 1977
16862185976 1978
13398834952 1979
11245064406 1980
11223418463 1981
11970203494 1982
5909340869.1 1983
7957371416.9 1984
8290069407.7 1985
8672228472.8 1986
9895007407.3 1987
11403188256 1988
5408129273.1 1989
4983544290.2 1990
8980683100 1991
12410590100 1992
10093176100 1993
7132769400 1994
9736559100 1995
8661297300 1996
11605686000 1997
12110400000 1998
10826100000 1999
11552117000 2000
13119481000 2001
8660815000 2002
5586396000 2003
10688713000 2004
13945154000 2005
19001654000 2006
24353317000 2007
24886989900 2008
20138673000 2009
20348139000 2010
23439554000 2011
29079179000 2012
25022546000 2013
19286297000 2014
2015
2016
2017
2018
2019
2020
2021
2022
Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source