Canada - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Canada was 445,409,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 508,271,000,000 in 2014 and a minimum value of 97,351,540,000 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 constant local currency.

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

Year Value
1970 97,351,540,000
1971 105,635,000,000
1972 111,962,000,000
1973 125,894,000,000
1974 139,781,000,000
1975 139,513,000,000
1976 148,822,000,000
1977 149,350,000,000
1978 149,984,000,000
1979 170,642,000,000
1980 164,935,000,000
1981 179,183,000,000
1982 139,494,000,000
1983 151,670,000,000
1984 169,302,000,000
1985 184,023,000,000
1986 188,853,000,000
1987 204,483,000,000
1988 227,457,000,000
1989 239,108,000,000
1990 220,050,000,000
1991 203,676,000,000
1992 196,696,000,000
1993 203,861,000,000
1994 222,118,000,000
1995 229,036,000,000
1996 230,375,000,000
1997 267,147,000,000
1998 271,427,000,000
1999 286,078,000,000
2000 309,901,000,000
2001 300,035,000,000
2002 306,910,000,000
2003 335,975,000,000
2004 365,210,000,000
2005 405,920,000,000
2006 429,051,000,000
2007 441,743,000,000
2008 449,354,000,000
2009 387,214,000,000
2010 434,978,000,000
2011 469,665,000,000
2012 486,444,000,000
2013 504,139,000,000
2014 508,271,000,000
2015 474,155,000,000
2016 451,586,000,000
2017 484,705,000,000
2018 489,501,000,000
2019 493,901,000,000
2020 445,409,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts