Serbia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Serbia was $12,905,140,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $13,789,610,000 in 2008 and $630,169,200 in 2000.

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
1995 $2,300,593,000
1996 $3,276,127,000
1997 $3,836,849,000
1998 $1,716,374,000
1999 $1,379,325,000
2000 $630,169,200
2001 $2,241,829,000
2002 $3,241,415,000
2003 $4,473,438,000
2004 $6,837,715,000
2005 $6,286,411,000
2006 $7,060,086,000
2007 $10,787,620,000
2008 $13,789,610,000
2009 $8,425,843,000
2010 $7,360,228,000
2011 $9,028,651,000
2012 $8,345,224,000
2013 $8,409,826,000
2014 $7,775,803,000
2015 $7,408,100,000
2016 $7,356,423,000
2017 $8,648,132,000
2018 $11,472,580,000
2019 $12,923,560,000
2020 $12,905,140,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Serbia was 1,331,340,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,360,200,000,000 in 2019 and a minimum value of 8,144,100,000 in 1995.

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
1995 8,144,100,000
1996 17,592,800,000
1997 22,684,600,000
1998 17,216,600,000
1999 16,085,000,000
2000 39,805,200,000
2001 150,009,000,000
2002 208,742,000,000
2003 257,605,000,000
2004 399,195,000,000
2005 419,390,000,000
2006 474,055,000,000
2007 630,574,000,000
2008 768,405,000,000
2009 569,424,000,000
2010 572,102,000,000
2011 662,102,000,000
2012 734,157,000,000
2013 716,172,000,000
2014 687,422,000,000
2015 806,086,000,000
2016 818,607,000,000
2017 931,913,000,000
2018 1,149,270,000,000
2019 1,360,200,000,000
2020 1,331,340,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Serbia was 11,759,450,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 11,811,090,000 in 2019 and 1,302,991,000 in 1999.

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
1995 1,387,669,000
1996 2,484,585,000
1997 3,011,758,000
1998 1,471,108,000
1999 1,302,991,000
2000 1,620,708,000
2001 3,835,775,000
2002 4,263,091,000
2003 4,727,959,000
2004 6,724,733,000
2005 6,124,979,000
2006 6,649,268,000
2007 9,773,086,000
2008 10,939,690,000
2009 7,702,783,000
2010 6,383,369,000
2011 7,143,349,000
2012 6,876,229,000
2013 7,377,106,000
2014 7,000,155,000
2015 7,408,100,000
2016 7,495,352,000
2017 8,328,356,000
2018 10,059,030,000
2019 11,811,090,000
2020 11,759,450,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Serbia was -0.44 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 136.67 in 2001 and a minimum value of -51.15 in 1998.

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
1996 79.05
1997 21.22
1998 -51.15
1999 -11.43
2000 24.38
2001 136.67
2002 11.14
2003 10.90
2004 42.23
2005 -8.92
2006 8.56
2007 46.98
2008 11.94
2009 -29.59
2010 -17.13
2011 11.91
2012 -3.74
2013 7.28
2014 -5.11
2015 5.83
2016 1.18
2017 11.11
2018 20.78
2019 17.42
2020 -0.44

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Serbia was 1,279,570,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,285,190,000,000 in 2019 and a minimum value of 141,781,000,000 in 1999.

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
1995 150,995,000,000
1996 270,353,000,000
1997 327,715,000,000
1998 160,074,000,000
1999 141,781,000,000
2000 176,352,000,000
2001 417,378,000,000
2002 463,875,000,000
2003 514,459,000,000
2004 731,732,000,000
2005 666,471,000,000
2006 723,520,000,000
2007 1,063,430,000,000
2008 1,190,370,000,000
2009 838,155,000,000
2010 694,587,000,000
2011 777,282,000,000
2012 748,216,000,000
2013 802,718,000,000
2014 761,701,000,000
2015 806,090,000,000
2016 815,584,000,000
2017 906,225,000,000
2018 1,094,540,000,000
2019 1,285,190,000,000
2020 1,279,570,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Serbia was 24.20 as of 2020. Its highest value over the past 25 years was 26.42 in 2008, while its lowest value was 7.11 in 1999.

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
1995 13.67
1996 15.02
1997 14.94
1998 8.82
1999 7.11
2000 9.16
2001 17.30
2002 18.93
2003 19.90
2004 26.16
2005 22.71
2006 21.74
2007 24.99
2008 26.42
2009 18.66
2010 17.60
2011 18.33
2012 19.27
2013 17.38
2014 16.52
2015 18.68
2016 18.08
2017 19.58
2018 22.65
2019 25.09
2020 24.20

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts