Portugal - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Portugal was 34,314,890,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 45,435,850,000 in 2001 and a minimum value of 9,085,637,000 in 1975.

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
1970 13,532,640,000
1971 13,054,550,000
1972 14,999,040,000
1973 18,162,440,000
1974 16,611,670,000
1975 9,085,637,000
1976 11,779,790,000
1977 15,784,460,000
1978 16,821,390,000
1979 18,077,500,000
1980 20,011,130,000
1981 20,734,080,000
1982 21,001,480,000
1983 16,992,070,000
1984 13,527,060,000
1985 13,257,510,000
1986 15,634,020,000
1987 20,107,570,000
1988 24,487,020,000
1989 24,974,320,000
1990 27,631,440,000
1991 27,575,470,000
1992 28,453,650,000
1993 25,976,130,000
1994 29,131,330,000
1995 30,883,980,000
1996 32,167,570,000
1997 36,361,690,000
1998 40,846,970,000
1999 43,925,450,000
2000 44,602,010,000
2001 45,435,850,000
2002 42,862,790,000
2003 38,639,350,000
2004 40,473,570,000
2005 40,240,750,000
2006 40,160,830,000
2007 41,705,940,000
2008 42,059,540,000
2009 37,083,220,000
2010 38,166,070,000
2011 32,959,740,000
2012 27,229,580,000
2013 25,852,920,000
2014 26,904,040,000
2015 28,494,100,000
2016 29,215,350,000
2017 32,688,910,000
2018 35,251,060,000
2019 36,407,960,000
2020 34,314,890,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts