Barbados - Gross capital formation
Gross capital formation (current US$)
The latest value for Gross capital formation (current US$) in Barbados was $601,150,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $824,257,000 in 2008 and $18,083,290 in 1962.
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 |
|---|---|
| 1960 | $21,116,610 |
| 1961 | $19,949,950 |
| 1962 | $18,083,290 |
| 1963 | $21,408,280 |
| 1964 | $21,174,950 |
| 1965 | $20,241,620 |
| 1966 | $25,549,940 |
| 1967 | $28,134,170 |
| 1968 | $32,550,000 |
| 1969 | $37,100,000 |
| 1970 | $47,400,000 |
| 1971 | $47,090,990 |
| 1972 | $51,944,000 |
| 1973 | $63,240,100 |
| 1974 | $77,683,620 |
| 1975 | $77,322,900 |
| 1976 | $117,726,300 |
| 1977 | $118,895,800 |
| 1978 | $126,485,400 |
| 1979 | $157,758,700 |
| 1980 | $210,958,100 |
| 1981 | $261,025,200 |
| 1982 | $223,984,500 |
| 1983 | $209,466,500 |
| 1984 | $185,949,400 |
| 1985 | $184,855,600 |
| 1986 | $210,659,800 |
| 1987 | $232,039,000 |
| 1988 | $270,123,800 |
| 1989 | $326,306,400 |
| 1990 | $322,279,100 |
| 1991 | $288,569,600 |
| 1992 | $150,500,000 |
| 1993 | $208,820,200 |
| 1994 | $231,193,700 |
| 1995 | $281,360,300 |
| 1996 | $282,702,700 |
| 1997 | $365,783,300 |
| 1998 | $437,080,500 |
| 1999 | $489,782,700 |
| 2000 | $473,450,000 |
| 2001 | $500,919,300 |
| 2002 | $514,631,000 |
| 2003 | $557,668,500 |
| 2004 | $666,870,100 |
| 2005 | $720,912,400 |
| 2006 | $691,300,900 |
| 2007 | $749,589,000 |
| 2008 | $824,257,000 |
| 2009 | $807,049,300 |
| 2010 | $601,150,000 |
Gross capital formation (current LCU)
The value for Gross capital formation (current LCU) in Barbados was 1,202,300,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,648,514,000 in 2008 and a minimum value of 31,000,000 in 1962.
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 |
|---|---|
| 1960 | 36,200,000 |
| 1961 | 34,200,000 |
| 1962 | 31,000,000 |
| 1963 | 36,700,000 |
| 1964 | 36,300,000 |
| 1965 | 34,700,000 |
| 1966 | 43,800,000 |
| 1967 | 48,900,000 |
| 1968 | 65,100,000 |
| 1969 | 74,200,000 |
| 1970 | 94,800,000 |
| 1971 | 93,000,000 |
| 1972 | 99,800,000 |
| 1973 | 123,900,000 |
| 1974 | 159,500,000 |
| 1975 | 156,200,000 |
| 1976 | 235,900,000 |
| 1977 | 238,600,000 |
| 1978 | 254,400,000 |
| 1979 | 317,300,000 |
| 1980 | 424,300,000 |
| 1981 | 525,000,000 |
| 1982 | 450,500,000 |
| 1983 | 421,300,000 |
| 1984 | 374,000,000 |
| 1985 | 371,800,000 |
| 1986 | 423,700,000 |
| 1987 | 466,700,000 |
| 1988 | 543,300,000 |
| 1989 | 656,300,000 |
| 1990 | 648,200,000 |
| 1991 | 580,400,000 |
| 1992 | 301,000,000 |
| 1993 | 420,000,000 |
| 1994 | 465,000,000 |
| 1995 | 565,900,000 |
| 1996 | 568,599,900 |
| 1997 | 735,700,000 |
| 1998 | 879,100,000 |
| 1999 | 985,100,000 |
| 2000 | 946,900,000 |
| 2001 | 1,001,839,000 |
| 2002 | 1,029,262,000 |
| 2003 | 1,115,337,000 |
| 2004 | 1,333,740,000 |
| 2005 | 1,441,825,000 |
| 2006 | 1,382,602,000 |
| 2007 | 1,499,178,000 |
| 2008 | 1,648,514,000 |
| 2009 | 1,614,099,000 |
| 2010 | 1,202,300,000 |
Gross capital formation (constant 2000 US$)
The latest value for Gross capital formation (constant 2000 US$) in Barbados was 458,111,700 as of 2002. Over the past 11 years, the value for this indicator has fluctuated between 533,062,300 in 1999 and 206,388,200 in 1992.
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 2000 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1991 | 392,109,500 |
| 1992 | 206,388,200 |
| 1993 | 279,905,200 |
| 1994 | 306,219,900 |
| 1995 | 351,324,500 |
| 1996 | 337,040,400 |
| 1997 | 419,646,400 |
| 1998 | 484,048,700 |
| 1999 | 533,062,300 |
| 2000 | 473,450,000 |
| 2001 | 467,106,000 |
| 2002 | 458,111,700 |
Gross capital formation (annual % growth)
The value for Gross capital formation (annual % growth) in Barbados was -1.93 as of 2002. As the graph below shows, over the past 10 years this indicator reached a maximum value of 35.62 in 1993 and a minimum value of -47.36 in 1992.
Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 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 |
|---|---|
| 1992 | -47.36 |
| 1993 | 35.62 |
| 1994 | 9.40 |
| 1995 | 14.73 |
| 1996 | -4.07 |
| 1997 | 24.51 |
| 1998 | 15.35 |
| 1999 | 10.13 |
| 2000 | -11.18 |
| 2001 | -1.34 |
| 2002 | -1.93 |
Gross capital formation (constant LCU)
The value for Gross capital formation (constant LCU) in Barbados was 197,869,700 as of 2002. As the graph below shows, over the past 11 years this indicator reached a maximum value of 230,242,700 in 1999 and a minimum value of 89,144,130 in 1992.
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 |
|---|---|
| 1991 | 169,361,700 |
| 1992 | 89,144,130 |
| 1993 | 120,897,900 |
| 1994 | 132,263,900 |
| 1995 | 151,745,700 |
| 1996 | 145,576,000 |
| 1997 | 181,255,600 |
| 1998 | 209,072,500 |
| 1999 | 230,242,700 |
| 2000 | 204,494,700 |
| 2001 | 201,754,600 |
| 2002 | 197,869,700 |
Gross capital formation (% of GDP)
Gross capital formation (% of GDP) in Barbados was 14.63 as of 2010. Its highest value over the past 50 years was 27.56 in 1981, while its lowest value was 9.47 in 1992.
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 |
|---|---|
| 1960 | 24.17 |
| 1961 | 21.40 |
| 1962 | 18.65 |
| 1963 | 19.63 |
| 1964 | 19.54 |
| 1965 | 17.65 |
| 1966 | 20.67 |
| 1967 | 20.52 |
| 1968 | 23.71 |
| 1969 | 24.03 |
| 1970 | 26.12 |
| 1971 | 23.08 |
| 1972 | 22.26 |
| 1973 | 22.21 |
| 1974 | 22.82 |
| 1975 | 19.23 |
| 1976 | 27.01 |
| 1977 | 24.01 |
| 1978 | 22.88 |
| 1979 | 23.54 |
| 1980 | 24.52 |
| 1981 | 27.56 |
| 1982 | 22.64 |
| 1983 | 19.94 |
| 1984 | 16.24 |
| 1985 | 15.43 |
| 1986 | 16.01 |
| 1987 | 16.02 |
| 1988 | 17.53 |
| 1989 | 19.15 |
| 1990 | 18.84 |
| 1991 | 17.10 |
| 1992 | 9.47 |
| 1993 | 12.72 |
| 1994 | 13.39 |
| 1995 | 15.13 |
| 1996 | 14.26 |
| 1997 | 16.68 |
| 1998 | 18.48 |
| 1999 | 19.84 |
| 2000 | 18.50 |
| 2001 | 19.61 |
| 2002 | 20.78 |
| 2003 | 20.69 |
| 2004 | 23.61 |
| 2005 | 23.99 |
| 2006 | 21.66 |
| 2007 | 21.99 |
| 2008 | 22.46 |
| 2009 | 22.45 |
| 2010 | 14.63 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
