European Union - Gross fixed capital formation
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in European Union was $3,355,660,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $3,787,270,000,000 in 2008 and $197,612,000,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | $197,612,000,000 |
| 1971 | $224,584,000,000 |
| 1972 | $269,540,000,000 |
| 1973 | $346,191,000,000 |
| 1974 | $381,273,000,000 |
| 1975 | $425,838,000,000 |
| 1976 | $436,537,000,000 |
| 1977 | $492,795,000,000 |
| 1978 | $594,607,000,000 |
| 1979 | $723,168,000,000 |
| 1980 | $830,941,000,000 |
| 1981 | $700,684,000,000 |
| 1982 | $648,001,000,000 |
| 1983 | $615,242,000,000 |
| 1984 | $577,602,000,000 |
| 1985 | $592,779,000,000 |
| 1986 | $824,488,000,000 |
| 1987 | $1,037,270,000,000 |
| 1988 | $1,173,350,000,000 |
| 1989 | $1,233,330,000,000 |
| 1990 | $1,566,710,000,000 |
| 1991 | $1,593,150,000,000 |
| 1992 | $1,705,380,000,000 |
| 1993 | $1,461,600,000,000 |
| 1994 | $1,539,390,000,000 |
| 1995 | $1,783,560,000,000 |
| 1996 | $1,804,470,000,000 |
| 1997 | $1,654,180,000,000 |
| 1998 | $1,741,590,000,000 |
| 1999 | $1,773,200,000,000 |
| 2000 | $1,658,960,000,000 |
| 2001 | $1,652,930,000,000 |
| 2002 | $1,750,560,000,000 |
| 2003 | $2,140,750,000,000 |
| 2004 | $2,473,060,000,000 |
| 2005 | $2,623,000,000,000 |
| 2006 | $2,894,190,000,000 |
| 2007 | $3,451,550,000,000 |
| 2008 | $3,787,270,000,000 |
| 2009 | $3,140,290,000,000 |
| 2010 | $3,016,720,000,000 |
| 2011 | $3,280,750,000,000 |
| 2012 | $2,978,250,000,000 |
| 2013 | $3,024,680,000,000 |
| 2014 | $3,097,920,000,000 |
| 2015 | $2,739,550,000,000 |
| 2016 | $2,838,730,000,000 |
| 2017 | $3,066,250,000,000 |
| 2018 | $3,375,710,000,000 |
| 2019 | $3,478,460,000,000 |
| 2020 | $3,355,660,000,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in European Union was 3,034,580,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 3,239,500,000,000 in 2019 and 1,239,600,000,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 1,239,600,000,000 |
| 1971 | 1,293,600,000,000 |
| 1972 | 1,359,810,000,000 |
| 1973 | 1,425,930,000,000 |
| 1974 | 1,393,040,000,000 |
| 1975 | 1,335,960,000,000 |
| 1976 | 1,365,800,000,000 |
| 1977 | 1,400,090,000,000 |
| 1978 | 1,429,540,000,000 |
| 1979 | 1,482,560,000,000 |
| 1980 | 1,526,640,000,000 |
| 1981 | 1,474,500,000,000 |
| 1982 | 1,438,930,000,000 |
| 1983 | 1,437,810,000,000 |
| 1984 | 1,445,530,000,000 |
| 1985 | 1,485,610,000,000 |
| 1986 | 1,547,920,000,000 |
| 1987 | 1,616,970,000,000 |
| 1988 | 1,739,770,000,000 |
| 1989 | 1,863,510,000,000 |
| 1990 | 1,959,580,000,000 |
| 1991 | 1,968,500,000,000 |
| 1992 | 1,968,680,000,000 |
| 1993 | 1,847,480,000,000 |
| 1994 | 1,899,060,000,000 |
| 1995 | 1,968,290,000,000 |
| 1996 | 2,020,280,000,000 |
| 1997 | 2,086,200,000,000 |
| 1998 | 2,214,260,000,000 |
| 1999 | 2,339,770,000,000 |
| 2000 | 2,453,120,000,000 |
| 2001 | 2,479,180,000,000 |
| 2002 | 2,450,700,000,000 |
| 2003 | 2,482,560,000,000 |
| 2004 | 2,550,710,000,000 |
| 2005 | 2,632,540,000,000 |
| 2006 | 2,791,840,000,000 |
| 2007 | 2,963,170,000,000 |
| 2008 | 2,958,270,000,000 |
| 2009 | 2,627,370,000,000 |
| 2010 | 2,621,180,000,000 |
| 2011 | 2,677,470,000,000 |
| 2012 | 2,606,390,000,000 |
| 2013 | 2,554,540,000,000 |
| 2014 | 2,608,180,000,000 |
| 2015 | 2,739,550,000,000 |
| 2016 | 2,830,070,000,000 |
| 2017 | 2,945,910,000,000 |
| 2018 | 3,047,040,000,000 |
| 2019 | 3,239,500,000,000 |
| 2020 | 3,034,580,000,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in European Union was -6.33 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 7.60 in 1988 and a minimum value of -11.19 in 2009.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 4.36 |
| 1972 | 5.12 |
| 1973 | 4.86 |
| 1974 | -2.31 |
| 1975 | -4.10 |
| 1976 | 2.23 |
| 1977 | 2.51 |
| 1978 | 2.10 |
| 1979 | 3.71 |
| 1980 | 2.97 |
| 1981 | -3.42 |
| 1982 | -2.41 |
| 1983 | -0.08 |
| 1984 | 0.54 |
| 1985 | 2.77 |
| 1986 | 4.19 |
| 1987 | 4.46 |
| 1988 | 7.60 |
| 1989 | 7.11 |
| 1990 | 5.16 |
| 1991 | 0.46 |
| 1992 | 0.01 |
| 1993 | -6.16 |
| 1994 | 2.79 |
| 1995 | 3.65 |
| 1996 | 2.64 |
| 1997 | 3.26 |
| 1998 | 6.14 |
| 1999 | 5.67 |
| 2000 | 4.84 |
| 2001 | 1.06 |
| 2002 | -1.15 |
| 2003 | 1.30 |
| 2004 | 2.74 |
| 2005 | 3.21 |
| 2006 | 6.05 |
| 2007 | 6.14 |
| 2008 | -0.17 |
| 2009 | -11.19 |
| 2010 | -0.24 |
| 2011 | 2.15 |
| 2012 | -2.65 |
| 2013 | -1.99 |
| 2014 | 2.10 |
| 2015 | 5.04 |
| 2016 | 3.30 |
| 2017 | 4.09 |
| 2018 | 3.43 |
| 2019 | 6.32 |
| 2020 | -6.33 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in European Union was 21.94 as of 2020. Its highest value over the past 50 years was 27.36 in 1971, while its lowest value was 19.77 in 2013.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 27.22 |
| 1971 | 27.36 |
| 1972 | 27.21 |
| 1973 | 27.00 |
| 1974 | 26.26 |
| 1975 | 25.18 |
| 1976 | 24.66 |
| 1977 | 24.58 |
| 1978 | 24.34 |
| 1979 | 24.49 |
| 1980 | 25.16 |
| 1981 | 24.33 |
| 1982 | 23.33 |
| 1983 | 22.77 |
| 1984 | 22.19 |
| 1985 | 22.14 |
| 1986 | 22.02 |
| 1987 | 22.40 |
| 1988 | 23.08 |
| 1989 | 23.75 |
| 1990 | 24.11 |
| 1991 | 23.65 |
| 1992 | 23.03 |
| 1993 | 21.62 |
| 1994 | 21.49 |
| 1995 | 21.50 |
| 1996 | 21.40 |
| 1997 | 21.39 |
| 1998 | 21.85 |
| 1999 | 22.37 |
| 2000 | 22.80 |
| 2001 | 22.36 |
| 2002 | 21.66 |
| 2003 | 21.55 |
| 2004 | 21.66 |
| 2005 | 22.02 |
| 2006 | 22.76 |
| 2007 | 23.43 |
| 2008 | 23.24 |
| 2009 | 21.27 |
| 2010 | 20.72 |
| 2011 | 20.82 |
| 2012 | 20.35 |
| 2013 | 19.77 |
| 2014 | 19.79 |
| 2015 | 20.22 |
| 2016 | 20.43 |
| 2017 | 20.77 |
| 2018 | 21.13 |
| 2019 | 22.17 |
| 2020 | 21.94 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
