Mongolia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Mongolia was $2,979,924,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $6,871,489,000 in 2012 and $161,871,200 in 1993.

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
1981 $1,616,050,000
1982 $1,792,535,000
1983 $1,581,099,000
1984 $1,213,076,000
1985 $1,372,950,000
1986 $1,849,287,000
1987 $1,535,420,000
1988 $1,499,777,000
1989 $1,709,829,000
1990 $744,351,900
1991 $736,647,800
1992 $338,031,600
1993 $161,871,200
1994 $176,521,800
1995 $388,962,300
1996 $352,592,400
1997 $295,643,200
1998 $342,566,600
1999 $335,072,900
2000 $329,822,000
2001 $319,205,200
2002 $344,135,200
2003 $514,687,400
2004 $621,189,300
2005 $947,022,500
2006 $1,225,140,000
2007 $1,639,162,000
2008 $2,449,818,000
2009 $1,575,513,000
2010 $3,025,834,000
2011 $6,053,373,000
2012 $6,871,489,000
2013 $6,703,215,000
2014 $4,300,713,000
2015 $2,848,483,000
2016 $2,530,274,000
2017 $3,146,470,000
2018 $5,189,260,000
2019 $5,056,305,000
2020 $2,979,924,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Mongolia was 8,383,390,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 13,467,700,000,000 in 2019 and a minimum value of 3,721,759,000 in 1990.

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
1981 4,848,150,000
1982 5,377,605,000
1983 4,743,297,000
1984 4,852,302,000
1985 5,491,801,000
1986 5,547,862,000
1987 4,606,261,000
1988 4,499,332,000
1989 5,129,488,000
1990 3,721,759,000
1991 6,998,154,000
1992 14,400,150,000
1993 47,962,420,000
1994 72,854,090,000
1995 174,492,000,000
1996 193,363,000,000
1997 233,555,000,000
1998 288,040,000,000
1999 342,400,000,000
2000 355,109,000,000
2001 350,391,000,000
2002 382,097,000,000
2003 590,110,000,000
2004 736,283,000,000
2005 1,141,400,000,000
2006 1,445,300,000,000
2007 1,918,480,000,000
2008 2,856,010,000,000
2009 2,265,260,000,000
2010 4,106,250,000,000
2011 7,660,640,000,000
2012 9,328,600,000,000
2013 10,215,200,000,000
2014 7,818,430,000,000
2015 5,612,390,000,000
2016 5,415,520,000,000
2017 7,676,690,000,000
2018 12,830,400,000,000
2019 13,467,700,000,000
2020 8,383,390,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Mongolia was 3,330,124,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 5,611,938,000 in 2019 and 2,798,582,000 in 2016.

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
2010 2,859,307,000
2011 4,653,854,000
2012 5,464,642,000
2013 5,538,497,000
2014 3,873,400,000
2015 2,848,483,000
2016 2,798,582,000
2017 3,682,436,000
2018 5,601,936,000
2019 5,611,938,000
2020 3,330,124,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Mongolia was -40.66 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 62.76 in 2011 and a minimum value of -40.66 in 2020.

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
2011 62.76
2012 17.42
2013 1.35
2014 -30.06
2015 -26.46
2016 -1.75
2017 31.58
2018 52.13
2019 0.18
2020 -40.66

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Mongolia was 6,561,370,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 11,057,300,000,000 in 2019 and a minimum value of 5,514,070,000,000 in 2016.

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
2010 5,633,720,000,000
2011 9,169,530,000,000
2012 10,767,000,000,000
2013 10,912,600,000,000
2014 7,631,790,000,000
2015 5,612,390,000,000
2016 5,514,070,000,000
2017 7,255,540,000,000
2018 11,037,500,000,000
2019 11,057,300,000,000
2020 6,561,370,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Mongolia was 22.38 as of 2020. Its highest value over the past 39 years was 70.23 in 1982, while its lowest value was 19.07 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.

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

See also:

Year Value
1981 69.96
1982 70.23
1983 58.01
1984 57.80
1985 62.79
1986 63.85
1987 50.83
1988 46.80
1989 47.80
1990 29.07
1991 30.96
1992 25.65
1993 21.07
1994 19.07
1995 26.79
1996 26.20
1997 25.03
1998 30.47
1999 31.69
2000 29.01
2001 25.17
2002 24.64
2003 32.26
2004 31.18
2005 37.53
2006 35.89
2007 38.71
2008 43.57
2009 34.37
2010 42.09
2011 58.15
2012 55.90
2013 53.28
2014 35.18
2015 24.51
2016 22.63
2017 27.41
2018 39.38
2019 35.59
2020 22.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts