Ecuador - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Ecuador was $22,841,900,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $28,803,240,000 in 2014 and $360,296,800 in 1962.

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
1960 $525,942,000
1961 $445,918,300
1962 $360,296,800
1963 $436,388,500
1964 $552,894,100
1965 $581,601,800
1966 $543,738,600
1967 $584,878,300
1968 $474,029,200
1969 $699,740,400
1970 $559,903,400
1971 $616,913,700
1972 $740,854,100
1973 $798,798,900
1974 $1,626,269,000
1975 $1,590,781,000
1976 $1,914,374,000
1977 $2,700,317,000
1978 $3,171,773,000
1979 $3,229,846,000
1980 $4,537,413,000
1981 $5,632,926,000
1982 $4,337,696,000
1983 $3,544,738,000
1984 $3,176,481,000
1985 $3,250,029,000
1986 $3,609,367,000
1987 $3,543,198,000
1988 $3,407,862,000
1989 $3,763,014,000
1990 $3,668,399,000
1991 $3,745,200,000
1992 $4,101,974,000
1993 $3,991,795,000
1994 $4,833,830,000
1995 $4,843,762,000
1996 $4,676,422,000
1997 $5,719,416,000
1998 $6,714,440,000
1999 $3,856,065,000
2000 $3,899,914,000
2001 $5,468,473,000
2002 $6,766,779,000
2003 $6,353,452,000
2004 $7,391,152,000
2005 $8,980,930,000
2006 $10,511,650,000
2007 $11,581,230,000
2008 $16,297,620,000
2009 $16,029,590,000
2010 $19,501,460,000
2011 $22,310,350,000
2012 $24,439,360,000
2013 $27,080,620,000
2014 $28,803,240,000
2015 $26,679,420,000
2016 $24,963,470,000
2017 $27,409,220,000
2018 $28,770,430,000
2019 $28,006,470,000
2020 $22,841,900,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Ecuador was 22,841,900,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 28,803,240,000 in 2014 and a minimum value of 360,124,100 in 1962.

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 local currency.

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

Year Value
1960 438,074,900
1961 408,562,500
1962 360,124,100
1963 436,179,300
1964 552,629,100
1965 581,323,000
1966 543,478,000
1967 584,598,000
1968 473,802,000
1969 699,405,000
1970 559,635,000
1971 616,618,000
1972 740,499,000
1973 798,416,000
1974 1,625,489,000
1975 1,590,018,000
1976 1,913,456,000
1977 2,699,023,000
1978 3,170,253,000
1979 3,228,298,000
1980 4,535,238,000
1981 5,630,226,000
1982 4,335,617,000
1983 3,543,039,000
1984 3,174,958,000
1985 3,248,471,000
1986 3,607,637,000
1987 3,541,500,000
1988 3,406,228,000
1989 3,761,210,000
1990 3,666,641,000
1991 3,743,327,000
1992 4,099,923,000
1993 3,989,799,000
1994 4,831,413,000
1995 4,841,340,000
1996 4,674,084,000
1997 5,716,556,000
1998 6,711,083,000
1999 3,854,137,000
2000 3,897,964,000
2001 5,468,473,000
2002 6,766,779,000
2003 6,353,452,000
2004 7,391,152,000
2005 8,980,930,000
2006 10,511,650,000
2007 11,581,230,000
2008 16,297,620,000
2009 16,029,590,000
2010 19,501,460,000
2011 22,310,350,000
2012 24,439,360,000
2013 27,080,620,000
2014 28,803,240,000
2015 26,679,420,000
2016 24,963,470,000
2017 27,409,220,000
2018 28,770,430,000
2019 28,006,470,000
2020 22,841,900,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Ecuador was 21,345,460,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 29,379,810,000 in 2014 and 4,564,139,000 in 1962.

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
1960 4,616,520,000
1961 4,769,029,000
1962 4,564,139,000
1963 4,705,986,000
1964 5,009,613,000
1965 5,129,209,000
1966 5,013,515,000
1967 5,734,812,000
1968 5,781,433,000
1969 5,984,923,000
1970 6,227,001,000
1971 7,341,794,000
1972 7,089,249,000
1973 6,782,786,000
1974 6,509,008,000
1975 8,760,941,000
1976 9,154,621,000
1977 9,990,063,000
1978 10,914,410,000
1979 10,540,120,000
1980 10,789,340,000
1981 10,643,300,000
1982 10,645,980,000
1983 9,009,902,000
1984 9,054,420,000
1985 9,764,543,000
1986 10,263,810,000
1987 10,840,650,000
1988 9,868,502,000
1989 10,029,890,000
1990 9,849,136,000
1991 9,968,735,000
1992 10,454,980,000
1993 9,531,120,000
1994 10,269,140,000
1995 9,995,032,000
1996 9,516,939,000
1997 10,588,100,000
1998 11,743,720,000
1999 8,204,095,000
2000 9,118,330,000
2001 12,189,370,000
2002 14,368,370,000
2003 12,847,580,000
2004 13,704,770,000
2005 15,859,300,000
2006 17,091,930,000
2007 17,816,670,000
2008 21,822,230,000
2009 20,226,990,000
2010 22,342,690,000
2011 24,918,800,000
2012 25,962,970,000
2013 28,422,680,000
2014 29,379,810,000
2015 26,679,420,000
2016 23,612,910,000
2017 26,384,140,000
2018 26,831,770,000
2019 25,979,880,000
2020 21,345,460,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Ecuador was -17.84 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 34.60 in 1975 and a minimum value of -30.14 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 3.30
1962 -4.30
1963 3.11
1964 6.45
1965 2.39
1966 -2.26
1967 14.39
1968 0.81
1969 3.52
1970 4.04
1971 17.90
1972 -3.44
1973 -4.32
1974 -4.04
1975 34.60
1976 4.49
1977 9.13
1978 9.25
1979 -3.43
1980 2.36
1981 -1.35
1982 0.03
1983 -15.37
1984 0.49
1985 7.84
1986 5.11
1987 5.62
1988 -8.97
1989 1.64
1990 -1.80
1991 1.21
1992 4.88
1993 -8.84
1994 7.74
1995 -2.67
1996 -4.78
1997 11.26
1998 10.91
1999 -30.14
2000 11.14
2001 33.68
2002 17.88
2003 -10.58
2004 6.67
2005 15.72
2006 7.77
2007 4.24
2008 22.48
2009 -7.31
2010 10.46
2011 11.53
2012 4.19
2013 9.47
2014 3.37
2015 -9.19
2016 -11.49
2017 11.74
2018 1.70
2019 -3.17
2020 -17.84

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Ecuador was 13,875,020,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 19,097,530,000 in 2014 and a minimum value of 2,966,792,000 in 1962.

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 3,000,841,000
1961 3,099,975,000
1962 2,966,792,000
1963 3,058,995,000
1964 3,256,360,000
1965 3,334,100,000
1966 3,258,896,000
1967 3,727,755,000
1968 3,758,060,000
1969 3,890,333,000
1970 4,047,689,000
1971 4,772,329,000
1972 4,608,169,000
1973 4,408,961,000
1974 4,231,000,000
1975 5,694,806,000
1976 5,950,707,000
1977 6,493,763,000
1978 7,094,611,000
1979 6,851,310,000
1980 7,013,312,000
1981 6,918,384,000
1982 6,920,120,000
1983 5,856,636,000
1984 5,885,574,000
1985 6,347,170,000
1986 6,671,703,000
1987 7,046,665,000
1988 6,414,745,000
1989 6,519,651,000
1990 6,402,157,000
1991 6,479,899,000
1992 6,795,969,000
1993 6,195,439,000
1994 6,675,169,000
1995 6,496,992,000
1996 6,186,222,000
1997 6,882,501,000
1998 7,633,680,000
1999 5,332,844,000
2000 5,927,117,000
2001 7,923,360,000
2002 9,339,760,000
2003 8,351,212,000
2004 8,908,403,000
2005 10,308,900,000
2006 11,110,130,000
2007 11,581,230,000
2008 14,184,930,000
2009 13,147,990,000
2010 14,523,250,000
2011 16,197,770,000
2012 16,876,510,000
2013 18,475,370,000
2014 19,097,530,000
2015 17,342,220,000
2016 15,348,920,000
2017 17,150,280,000
2018 17,441,250,000
2019 16,887,500,000
2020 13,875,020,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Ecuador was 23.12 as of 2020. Its highest value over the past 60 years was 28.47 in 2013, while its lowest value was 18.36 in 1968.

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
1960 25.41
1961 25.43
1962 23.73
1963 23.92
1964 24.64
1965 24.36
1966 22.38
1967 22.90
1968 18.36
1969 22.48
1970 19.56
1971 22.40
1972 23.25
1973 20.53
1974 24.64
1975 20.57
1976 21.06
1977 24.49
1978 26.60
1979 22.79
1980 25.37
1981 25.83
1982 21.76
1983 20.67
1984 18.78
1985 18.95
1986 23.57
1987 25.41
1988 26.11
1989 27.09
1990 24.07
1991 22.05
1992 22.67
1993 21.08
1994 21.29
1995 19.82
1996 18.54
1997 20.31
1998 24.00
1999 19.63
2000 21.28
2001 22.35
2002 23.70
2003 19.59
2004 20.20
2005 21.64
2006 22.46
2007 22.70
2008 26.39
2009 25.64
2010 28.04
2011 28.14
2012 27.80
2013 28.47
2014 28.31
2015 26.87
2016 24.98
2017 26.28
2018 26.75
2019 25.91
2020 23.12

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts