France - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in France was 516,362,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 567,610,000,000 in 2019 and a minimum value of 109,074,000,000 in 1960.

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 109,074,000,000
1961 113,197,000,000
1962 123,624,000,000
1963 132,146,000,000
1964 149,157,000,000
1965 153,761,000,000
1966 167,313,000,000
1967 177,130,000,000
1968 187,246,000,000
1969 208,724,000,000
1970 219,417,000,000
1971 225,560,000,000
1972 237,414,000,000
1973 258,573,000,000
1974 266,602,000,000
1975 227,323,000,000
1976 248,384,000,000
1977 251,018,000,000
1978 252,455,000,000
1979 266,486,000,000
1980 274,621,000,000
1981 253,778,000,000
1982 262,469,000,000
1983 246,327,000,000
1984 245,456,000,000
1985 251,732,000,000
1986 269,250,000,000
1987 282,924,000,000
1988 310,571,000,000
1989 336,903,000,000
1990 351,290,000,000
1991 340,807,000,000
1992 331,944,000,000
1993 299,440,000,000
1994 320,072,000,000
1995 332,020,000,000
1996 321,487,000,000
1997 329,530,000,000
1998 363,745,000,000
1999 389,906,000,000
2000 423,244,000,000
2001 426,389,000,000
2002 418,021,000,000
2003 419,487,000,000
2004 447,186,000,000
2005 459,890,000,000
2006 477,537,000,000
2007 506,759,000,000
2008 506,017,000,000
2009 437,714,000,000
2010 452,432,000,000
2011 484,030,000,000
2012 471,923,000,000
2013 473,112,000,000
2014 488,435,000,000
2015 499,315,000,000
2016 503,001,000,000
2017 530,243,000,000
2018 546,771,000,000
2019 567,610,000,000
2020 516,362,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts