Venezuela, RB | Gross capital formation (current 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 current local currency.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Gross capital formation (current LCU)
6306900 1960
6431500 1961
7099100 1962
7191000 1963
10339100 1964
10605900 1965
10770400 1966
11186500 1967
14660500 1968
15724900 1969
19015100 1970
20708500 1971
23224500 1972
25934000 1973
32611100 1974
44126600 1975
56222700 1976
78286000 1977
87672500 1978
79447200 1979
76060300 1980
79156900 1981
91156200 1982
41223500 1983
71147300 1984
83203800 1985
99107700 1986
165590800 1987
236253300 1988
185627700 1989
225412300 1990
549011000 1991
948374000 1992
989616800 1993
1188405100 1994
2398908400 1995
4715867100 1996
11606729000 1997
15334177000 1998
15736276000 1999
19253093000 2000
24481535000 2001
22817780000 2002
20426043000 2003
46361646000 2004
69952233000 2005
106052479000 2006
150059261000 2007
181772122000 2008
182452138000 2009
223415453000 2010
313204805000 2011
434976739000 2012
612418142500 2013
752057395000 2014
2015
2016
2017
2018
2019
2020
2021
2022
Venezuela, RB | Gross capital formation (current 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 current local currency.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source