Colombia - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Colombia was -20.32 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 42.98 in 1992 and a minimum value of -38.63 in 1999.

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
1961 10.09
1962 -6.68
1963 -3.43
1964 13.20
1965 -3.19
1966 29.73
1967 -9.26
1968 14.52
1969 -2.22
1970 29.26
1971 4.27
1972 -2.44
1973 9.08
1974 19.83
1975 -18.02
1976 9.31
1977 16.24
1978 6.91
1979 -0.32
1980 10.88
1981 13.23
1982 5.33
1983 -2.15
1984 -5.89
1985 -9.64
1986 4.35
1987 9.21
1988 8.01
1989 -7.33
1990 -1.17
1991 -8.74
1992 42.98
1993 38.20
1994 26.71
1995 6.07
1996 -12.02
1997 -0.64
1998 -6.31
1999 -38.63
2000 12.26
2001 8.42
2002 10.07
2003 11.36
2004 11.18
2005 11.47
2006 16.93
2007 15.80
2008 9.08
2009 -6.30
2010 9.56
2011 18.52
2012 2.89
2013 7.81
2014 11.95
2015 -1.15
2016 -0.16
2017 -3.23
2018 1.50
2019 3.80
2020 -20.32

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts