Low income - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Low income was $119,397,000,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $123,667,000,000 in 2019 and $12,504,660,000 in 1994.

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
1994 $12,504,660,000
1995 $12,550,670,000
1996 $14,340,310,000
1997 $13,063,120,000
1998 $13,976,300,000
1999 $15,176,030,000
2000 $20,373,260,000
2001 $18,684,880,000
2002 $21,529,380,000
2003 $25,893,230,000
2004 $30,537,180,000
2005 $37,646,900,000
2006 $45,980,380,000
2007 $56,687,550,000
2008 $68,210,540,000
2009 $68,372,300,000
2010 $78,288,900,000
2011 $79,561,280,000
2012 $85,216,090,000
2013 $97,706,170,000
2014 $113,506,000,000
2015 $113,963,000,000
2016 $111,192,000,000
2017 $115,972,000,000
2018 $114,823,000,000
2019 $123,667,000,000
2020 $119,397,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Low income was 150,715,000,000 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 638,106,000,000 in 2008 and 112,247,000,000 in 2017.

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
2007 609,880,000,000
2008 638,106,000,000
2009 470,396,000,000
2010 422,399,000,000
2011 403,689,000,000
2012 210,076,000,000
2013 159,613,000,000
2014 125,368,000,000
2015 113,963,000,000
2016 116,907,000,000
2017 112,247,000,000
2018 121,828,000,000
2019 139,159,000,000
2020 150,715,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Low income was 8.30 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 14.23 in 2019 and a minimum value of -47.96 in 2012.

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
2008 4.63
2009 -26.28
2010 -10.20
2011 -4.43
2012 -47.96
2013 -24.02
2014 -21.46
2015 -9.10
2016 2.58
2017 -3.99
2018 8.54
2019 14.23
2020 8.30

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Low income was 25.97 as of 2020. Its highest value over the past 26 years was 28.72 in 2016, while its lowest value was 8.46 in 1997.

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
1994 10.88
1995 9.68
1996 9.98
1997 8.46
1998 8.82
1999 9.42
2000 10.81
2001 9.93
2002 10.67
2003 11.74
2004 11.80
2005 12.21
2006 12.86
2007 13.16
2008 13.22
2009 13.10
2010 13.54
2011 19.70
2012 22.17
2013 24.71
2014 26.78
2015 27.25
2016 28.72
2017 28.35
2018 26.98
2019 27.58
2020 25.97

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts