Gross capital formation (current US$)

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.
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Country Gross capital formation (current US$) Rank Year

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Sources

Data published by
World Bank – World Development Indicators

Data publisher's source
World Bank national accounts data, and OECD National Accounts data files.

Link
https://datatopics.worldbank.org/world-development-indicators/

Last update by data publisher
2020-12-16

Variable time span
1960 : 2020