Uruguay - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Uruguay was 283,539,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 344,817,000,000 in 2014 and a minimum value of 67,716,830,000 in 1966.

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
1965 70,123,000,000
1966 67,716,830,000
1967 77,742,110,000
1968 70,628,510,000
1969 90,280,390,000
1970 101,072,000,000
1971 103,286,000,000
1972 80,528,290,000
1973 68,679,570,000
1974 83,549,750,000
1975 113,730,000,000
1976 142,260,000,000
1977 162,481,000,000
1978 185,342,000,000
1979 222,343,000,000
1980 238,674,000,000
1981 223,745,000,000
1982 187,131,000,000
1983 97,497,100,000
1984 81,482,240,000
1985 72,807,030,000
1986 85,287,470,000
1987 100,969,000,000
1988 103,579,000,000
1989 101,381,000,000
1990 92,449,850,000
1991 122,756,000,000
1992 140,105,000,000
1993 153,333,000,000
1994 172,993,000,000
1995 180,620,000,000
1996 178,743,000,000
1997 193,461,000,000
1998 206,718,000,000
1999 174,025,000,000
2000 161,589,000,000
2001 155,337,000,000
2002 123,199,000,000
2003 133,389,000,000
2004 155,778,000,000
2005 169,971,000,000
2006 190,580,000,000
2007 204,634,000,000
2008 255,791,000,000
2009 227,108,000,000
2010 261,597,000,000
2011 287,415,000,000
2012 329,072,000,000
2013 344,781,000,000
2014 344,817,000,000
2015 313,636,000,000
2016 301,340,000,000
2017 290,823,000,000
2018 276,915,000,000
2019 262,565,000,000
2020 283,539,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts