European Union - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in European Union was $3,374,880,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $3,914,180,000,000 in 2008 and $217,901,000,000 in 1970.

Definition: 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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $217,901,000,000
1971 $236,497,000,000
1972 $279,640,000,000
1973 $369,098,000,000
1974 $418,807,000,000
1975 $434,340,000,000
1976 $472,949,000,000
1977 $517,172,000,000
1978 $611,414,000,000
1979 $766,162,000,000
1980 $877,716,000,000
1981 $695,989,000,000
1982 $655,336,000,000
1983 $616,818,000,000
1984 $595,738,000,000
1985 $610,334,000,000
1986 $849,564,000,000
1987 $1,054,680,000,000
1988 $1,212,030,000,000
1989 $1,282,760,000,000
1990 $1,618,570,000,000
1991 $1,637,700,000,000
1992 $1,727,230,000,000
1993 $1,449,570,000,000
1994 $1,564,470,000,000
1995 $1,849,080,000,000
1996 $1,832,310,000,000
1997 $1,698,410,000,000
1998 $1,810,140,000,000
1999 $1,822,110,000,000
2000 $1,720,840,000,000
2001 $1,701,640,000,000
2002 $1,784,500,000,000
2003 $2,189,370,000,000
2004 $2,545,470,000,000
2005 $2,682,720,000,000
2006 $2,994,930,000,000
2007 $3,600,000,000,000
2008 $3,914,180,000,000
2009 $3,045,550,000,000
2010 $3,084,590,000,000
2011 $3,425,750,000,000
2012 $2,972,070,000,000
2013 $3,042,800,000,000
2014 $3,176,520,000,000
2015 $2,811,260,000,000
2016 $2,910,230,000,000
2017 $3,185,020,000,000
2018 $3,538,640,000,000
2019 $3,598,250,000,000
2020 $3,374,880,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in European Union was 3,067,800,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 3,342,030,000,000 in 2019 and 1,331,340,000,000 in 1975.

Definition: 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 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 1,343,490,000,000
1971 1,333,920,000,000
1972 1,388,090,000,000
1973 1,503,020,000,000
1974 1,501,020,000,000
1975 1,331,340,000,000
1976 1,446,290,000,000
1977 1,439,360,000,000
1978 1,439,920,000,000
1979 1,547,540,000,000
1980 1,585,980,000,000
1981 1,429,880,000,000
1982 1,413,600,000,000
1983 1,408,330,000,000
1984 1,455,570,000,000
1985 1,494,430,000,000
1986 1,582,150,000,000
1987 1,646,370,000,000
1988 1,795,340,000,000
1989 1,940,110,000,000
1990 2,046,000,000,000
1991 2,048,360,000,000
1992 2,019,330,000,000
1993 1,862,290,000,000
1994 1,974,270,000,000
1995 2,077,280,000,000
1996 2,078,980,000,000
1997 2,167,260,000,000
1998 2,317,830,000,000
1999 2,431,660,000,000
2000 2,570,050,000,000
2001 2,583,740,000,000
2002 2,532,730,000,000
2003 2,569,230,000,000
2004 2,654,570,000,000
2005 2,710,110,000,000
2006 2,907,890,000,000
2007 3,112,350,000,000
2008 3,076,020,000,000
2009 2,572,300,000,000
2010 2,687,830,000,000
2011 2,794,870,000,000
2012 2,597,690,000,000
2013 2,575,700,000,000
2014 2,677,150,000,000
2015 2,811,260,000,000
2016 2,905,010,000,000
2017 3,061,270,000,000
2018 3,179,050,000,000
2019 3,342,030,000,000
2020 3,067,800,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in European Union was -8.21 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 9.05 in 1988 and a minimum value of -16.38 in 2009.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 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 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 -0.71
1972 4.06
1973 8.28
1974 -0.13
1975 -11.30
1976 8.63
1977 -0.48
1978 0.04
1979 7.47
1980 2.48
1981 -9.84
1982 -1.14
1983 -0.37
1984 3.35
1985 2.67
1986 5.87
1987 4.06
1988 9.05
1989 8.06
1990 5.46
1991 0.12
1992 -1.42
1993 -7.78
1994 6.01
1995 5.22
1996 0.08
1997 4.25
1998 6.95
1999 4.91
2000 5.69
2001 0.53
2002 -1.97
2003 1.44
2004 3.32
2005 2.09
2006 7.30
2007 7.03
2008 -1.17
2009 -16.38
2010 4.49
2011 3.98
2012 -7.06
2013 -0.85
2014 3.94
2015 5.01
2016 3.33
2017 5.38
2018 3.85
2019 5.13
2020 -8.21

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in European Union was 22.07 as of 2020. Its highest value over the past 50 years was 30.02 in 1970, while its lowest value was 19.89 in 2013.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 30.02
1971 28.81
1972 28.23
1973 28.79
1974 28.85
1975 25.69
1976 26.72
1977 25.80
1978 25.03
1979 25.95
1980 26.57
1981 24.17
1982 23.60
1983 22.83
1984 22.88
1985 22.79
1986 22.69
1987 22.77
1988 23.84
1989 24.70
1990 24.91
1991 24.31
1992 23.32
1993 21.44
1994 21.84
1995 22.29
1996 21.73
1997 21.96
1998 22.71
1999 22.99
2000 23.65
2001 23.01
2002 22.07
2003 22.04
2004 22.29
2005 22.52
2006 23.56
2007 24.44
2008 24.02
2009 20.63
2010 21.19
2011 21.74
2012 20.31
2013 19.89
2014 20.29
2015 20.74
2016 20.95
2017 21.57
2018 22.15
2019 22.93
2020 22.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts