Argentina - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Argentina was 105,706,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 158,723,000,000 in 2011 and a minimum value of 34,499,900,000 in 1963.

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 local currency.

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

Year Value
1960 41,941,090,000
1961 45,999,880,000
1962 41,941,090,000
1963 34,499,900,000
1964 44,308,690,000
1965 45,999,880,000
1966 44,308,740,000
1967 46,000,050,000
1968 50,058,940,000
1969 61,559,000,000
1970 62,932,230,000
1971 69,811,880,000
1972 70,522,000,000
1973 67,207,430,000
1974 67,951,590,000
1975 69,169,320,000
1976 73,972,020,000
1977 89,429,530,000
1978 75,189,740,000
1979 82,867,790,000
1980 89,585,890,000
1981 76,169,560,000
1982 60,979,150,000
1983 61,222,770,000
1984 58,691,580,000
1985 50,413,310,000
1986 55,979,330,000
1987 63,220,770,000
1988 60,995,570,000
1989 47,819,570,000
1990 39,761,930,000
1991 51,667,320,000
1992 68,533,330,000
1993 78,377,410,000
1994 88,280,810,000
1995 77,126,130,000
1996 87,232,160,000
1997 101,706,000,000
1998 106,689,000,000
1999 88,635,750,000
2000 85,260,580,000
2001 75,085,970,000
2002 46,857,780,000
2003 65,690,640,000
2004 85,143,880,000
2005 97,742,050,000
2006 104,454,000,000
2007 125,689,000,000
2008 134,089,000,000
2009 103,153,000,000
2010 136,721,000,000
2011 158,723,000,000
2012 140,970,000,000
2013 147,552,000,000
2014 138,369,000,000
2015 144,674,000,000
2016 137,319,000,000
2017 158,538,000,000
2018 142,926,000,000
2019 119,050,000,000
2020 105,706,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts