Greece - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Greece was $22,011,450,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $84,755,140,000 in 2008 and $974,132,700 in 1960.

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
1960 $974,132,700
1961 $1,101,171,000
1962 $1,267,398,000
1963 $1,249,305,000
1964 $1,542,024,000
1965 $1,846,714,000
1966 $2,148,813,000
1967 $2,219,458,000
1968 $2,750,305,000
1969 $3,321,072,000
1970 $3,629,227,000
1971 $4,210,386,000
1972 $5,602,727,000
1973 $7,487,181,000
1974 $6,520,796,000
1975 $7,305,962,000
1976 $8,158,424,000
1977 $10,774,850,000
1978 $14,681,050,000
1979 $19,293,420,000
1980 $17,422,660,000
1981 $14,639,480,000
1982 $13,826,390,000
1983 $13,408,680,000
1984 $10,535,790,000
1985 $11,270,460,000
1986 $13,815,380,000
1987 $15,217,330,000
1988 $17,615,260,000
1989 $19,147,330,000
1990 $24,262,990,000
1991 $25,445,630,000
1992 $26,554,150,000
1993 $23,648,530,000
1994 $23,321,650,000
1995 $27,316,910,000
1996 $30,327,260,000
1997 $28,908,930,000
1998 $34,252,190,000
1999 $34,936,600,000
2000 $32,146,380,000
2001 $33,718,550,000
2002 $36,481,010,000
2003 $51,249,750,000
2004 $58,783,110,000
2005 $51,629,850,000
2006 $64,791,940,000
2007 $82,952,530,000
2008 $84,755,140,000
2009 $68,883,940,000
2010 $49,201,710,000
2011 $38,702,950,000
2012 $27,905,090,000
2013 $26,750,210,000
2014 $25,510,210,000
2015 $21,075,190,000
2016 $21,262,020,000
2017 $23,559,920,000
2018 $23,638,740,000
2019 $21,700,240,000
2020 $22,011,450,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Greece was 19,271,170,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 60,528,170,000 in 2007 and a minimum value of 85,763,700 in 1960.

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 local currency.

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

Year Value
1960 85,763,700
1961 96,948,300
1962 111,583,100
1963 109,990,200
1964 135,761,500
1965 162,586,700
1966 189,183,800
1967 195,403,500
1968 242,139,800
1969 292,390,800
1970 319,372,000
1971 370,514,000
1972 493,040,000
1973 650,636,000
1974 573,830,000
1975 687,491,000
1976 874,583,000
1977 1,164,761,000
1978 1,582,617,000
1979 2,097,195,000
1980 2,179,575,000
1981 2,380,379,000
1982 2,709,972,000
1983 3,464,802,000
1984 3,485,241,000
1985 4,567,918,000
1986 5,675,357,000
1987 6,047,368,000
1988 7,333,232,000
1989 9,125,618,000
1990 11,287,150,000
1991 13,610,870,000
1992 14,854,390,000
1993 15,910,730,000
1994 16,605,020,000
1995 18,572,770,000
1996 21,423,180,000
1997 23,164,730,000
1998 29,706,930,000
1999 32,780,420,000
2000 34,805,050,000
2001 37,647,880,000
2002 38,580,820,000
2003 45,307,230,000
2004 47,257,010,000
2005 41,500,080,000
2006 51,602,420,000
2007 60,528,170,000
2008 57,626,940,000
2009 49,386,870,000
2010 37,113,290,000
2011 27,804,740,000
2012 21,719,590,000
2013 20,141,440,000
2014 19,202,250,000
2015 18,995,000,000
2016 19,208,560,000
2017 20,855,380,000
2018 20,016,640,000
2019 19,384,310,000
2020 19,271,170,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Greece was 21,573,450,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 61,815,830,000 in 2007 and 11,362,280,000 in 1960.

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
1960 11,362,280,000
1961 12,860,730,000
1962 13,488,380,000
1963 12,599,630,000
1964 14,958,940,000
1965 17,250,310,000
1966 18,100,780,000
1967 17,838,010,000
1968 22,008,870,000
1969 25,474,290,000
1970 23,130,010,000
1971 25,910,760,000
1972 32,207,140,000
1973 34,083,250,000
1974 22,661,320,000
1975 25,306,470,000
1976 27,031,500,000
1977 30,372,590,000
1978 34,099,850,000
1979 35,560,950,000
1980 29,915,710,000
1981 26,999,700,000
1982 26,128,960,000
1983 27,790,170,000
1984 23,277,450,000
1985 25,453,730,000
1986 25,480,770,000
1987 24,045,500,000
1988 24,664,240,000
1989 26,170,990,000
1990 27,337,980,000
1991 28,499,670,000
1992 27,505,990,000
1993 26,407,410,000
1994 25,593,150,000
1995 26,650,320,000
1996 29,062,730,000
1997 30,080,710,000
1998 36,875,810,000
1999 39,604,010,000
2000 40,738,350,000
2001 42,924,990,000
2002 42,781,790,000
2003 49,243,300,000
2004 50,702,000,000
2005 44,678,490,000
2006 53,341,420,000
2007 61,815,830,000
2008 57,369,150,000
2009 49,376,850,000
2010 39,824,380,000
2011 29,720,470,000
2012 23,275,620,000
2013 21,734,500,000
2014 21,040,370,000
2015 21,075,190,000
2016 21,566,060,000
2017 23,390,040,000
2018 22,374,310,000
2019 21,638,110,000
2020 21,573,450,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Greece was -0.30 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 24.30 in 1972 and a minimum value of -33.51 in 1974.

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
1961 13.19
1962 4.88
1963 -6.59
1964 18.73
1965 15.32
1966 4.93
1967 -1.45
1968 23.38
1969 15.75
1970 -9.20
1971 12.02
1972 24.30
1973 5.83
1974 -33.51
1975 11.67
1976 6.82
1977 12.36
1978 12.27
1979 4.28
1980 -15.87
1981 -9.75
1982 -3.22
1983 6.36
1984 -16.24
1985 9.35
1986 0.11
1987 -5.63
1988 2.57
1989 6.11
1990 4.46
1991 4.25
1992 -3.49
1993 -3.99
1994 -3.08
1995 4.13
1996 9.05
1997 3.50
1998 22.59
1999 7.40
2000 2.86
2001 5.37
2002 -0.33
2003 15.10
2004 2.96
2005 -11.88
2006 19.39
2007 15.89
2008 -7.19
2009 -13.93
2010 -19.35
2011 -25.37
2012 -21.68
2013 -6.62
2014 -3.19
2015 0.17
2016 2.33
2017 8.46
2018 -4.34
2019 -3.29
2020 -0.30

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Greece was 19,444,070,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 55,714,390,000 in 2007 and a minimum value of 10,240,780,000 in 1960.

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 local currency.

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

Year Value
1960 10,240,780,000
1961 11,591,330,000
1962 12,157,030,000
1963 11,356,000,000
1964 13,482,440,000
1965 15,547,640,000
1966 16,314,170,000
1967 16,077,340,000
1968 19,836,520,000
1969 22,959,880,000
1970 20,847,000,000
1971 23,353,280,000
1972 29,028,180,000
1973 30,719,110,000
1974 20,424,560,000
1975 22,808,630,000
1976 24,363,390,000
1977 27,374,710,000
1978 30,734,070,000
1979 32,050,950,000
1980 26,962,920,000
1981 24,334,730,000
1982 23,549,940,000
1983 25,047,180,000
1984 20,979,880,000
1985 22,941,360,000
1986 22,965,730,000
1987 21,672,120,000
1988 22,229,790,000
1989 23,587,820,000
1990 24,639,620,000
1991 25,686,650,000
1992 24,791,050,000
1993 23,800,900,000
1994 23,067,010,000
1995 24,019,840,000
1996 26,194,130,000
1997 27,111,640,000
1998 33,236,040,000
1999 35,694,950,000
2000 36,717,330,000
2001 38,688,130,000
2002 38,559,080,000
2003 44,382,810,000
2004 45,697,530,000
2005 40,268,560,000
2006 48,076,430,000
2007 55,714,390,000
2008 51,706,610,000
2009 44,503,180,000
2010 35,893,570,000
2011 26,786,950,000
2012 20,978,240,000
2013 19,589,230,000
2014 18,963,610,000
2015 18,995,000,000
2016 19,437,410,000
2017 21,081,360,000
2018 20,165,880,000
2019 19,502,350,000
2020 19,444,070,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Greece was 11.66 as of 2020. Its highest value over the past 60 years was 35.41 in 1979, while its lowest value was 10.58 in 2019.

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
1960 22.47
1961 22.19
1962 24.31
1963 21.19
1964 23.12
1965 24.02
1966 25.01
1967 23.93
1968 27.26
1969 28.59
1970 27.62
1971 28.85
1972 33.18
1973 33.50
1974 25.72
1975 25.61
1976 26.19
1977 29.78
1978 33.16
1979 35.41
1980 30.66
1981 27.97
1982 25.31
1983 27.13
1984 21.94
1985 23.57
1986 24.50
1987 23.18
1988 23.10
1989 24.19
1990 24.79
1991 24.20
1992 22.85
1993 21.73
1994 20.00
1995 19.96
1996 20.79
1997 20.19
1998 23.72
1999 24.50
2000 24.64
2001 24.74
2002 23.60
2003 25.32
2004 24.40
2005 20.83
2006 23.69
2007 26.01
2008 23.81
2009 20.79
2010 16.56
2011 13.68
2012 11.53
2013 11.20
2014 10.83
2015 10.77
2016 11.01
2017 11.79
2018 11.15
2019 10.58
2020 11.66

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts