Colombia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Colombia was $51,602,190,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $91,479,540,000 in 2014 and $816,501,500 in 1960.

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 $816,501,500
1961 $930,454,500
1962 $898,271,200
1963 $853,797,200
1964 $1,046,179,000
1965 $848,285,700
1966 $1,034,593,000
1967 $990,163,100
1968 $1,137,819,000
1969 $1,153,120,000
1970 $1,456,393,000
1971 $1,518,364,000
1972 $1,571,842,000
1973 $1,884,675,000
1974 $2,654,086,000
1975 $2,225,786,000
1976 $2,694,365,000
1977 $3,651,201,000
1978 $4,253,562,000
1979 $5,071,460,000
1980 $6,369,032,000
1981 $7,504,735,000
1982 $7,983,438,000
1983 $7,704,606,000
1984 $7,254,693,000
1985 $6,644,211,000
1986 $6,290,055,000
1987 $7,273,748,000
1988 $8,622,738,000
1989 $7,898,429,000
1990 $9,859,103,000
1991 $9,395,219,000
1992 $12,007,730,000
1993 $16,573,250,000
1994 $20,865,800,000
1995 $23,865,710,000
1996 $21,521,880,000
1997 $22,317,170,000
1998 $19,421,060,000
1999 $11,100,890,000
2000 $14,878,730,000
2001 $15,745,550,000
2002 $16,900,130,000
2003 $17,680,730,000
2004 $22,761,810,000
2005 $31,535,640,000
2006 $37,073,630,000
2007 $48,358,470,000
2008 $57,448,980,000
2009 $51,098,670,000
2010 $62,725,120,000
2011 $77,022,320,000
2012 $81,990,840,000
2013 $84,763,080,000
2014 $91,479,540,000
2015 $69,771,440,000
2016 $65,523,260,000
2017 $67,364,940,000
2018 $70,834,900,000
2019 $69,567,730,000
2020 $51,602,190,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Colombia was 190,663,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 228,240,000,000,000 in 2019 and a minimum value of 5,417,487,000 in 1960.

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 5,417,487,000
1961 6,234,045,000
1962 6,199,150,000
1963 7,684,175,000
1964 9,415,608,000
1965 8,907,000,000
1966 13,967,000,000
1967 14,364,000,000
1968 18,537,000,000
1969 19,974,000,000
1970 26,862,000,000
1971 30,266,000,000
1972 34,371,000,000
1973 44,425,000,000
1974 69,170,000,000
1975 68,838,000,000
1976 93,481,000,000
1977 134,270,000,000
1978 166,293,000,000
1979 215,782,000,000
1980 301,117,000,000
1981 408,927,000,000
1982 511,625,000,000
1983 607,566,000,000
1984 731,400,000,000
1985 945,549,000,000
1986 1,221,910,000,000
1987 1,764,660,000,000
1988 2,579,690,000,000
1989 3,021,680,000,000
1990 4,951,830,000,000
1991 5,947,640,000,000
1992 8,166,460,000,000
1993 13,037,700,000,000
1994 17,246,800,000,000
1995 21,784,200,000,000
1996 22,308,500,000,000
1997 25,465,800,000,000
1998 27,714,700,000,000
1999 19,521,800,000,000
2000 31,062,000,000,000
2001 36,209,000,000,000
2002 42,322,000,000,000
2003 50,879,000,000,000
2004 59,832,000,000,000
2005 73,189,000,000,000
2006 87,536,000,000,000
2007 100,503,000,000,000
2008 113,043,000,000,000
2009 110,284,000,000,000
2010 119,088,000,000,000
2011 142,348,000,000,000
2012 147,329,000,000,000
2013 158,404,000,000,000
2014 183,122,000,000,000
2015 191,305,000,000,000
2016 200,116,000,000,000
2017 198,816,000,000,000
2018 209,367,000,000,000
2019 228,240,000,000,000
2020 190,663,000,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Colombia was 56,592,170,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 71,025,330,000 in 2019 and 4,105,916,000 in 1963.

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
1960 4,138,379,000
1961 4,555,743,000
1962 4,251,603,000
1963 4,105,916,000
1964 4,647,877,000
1965 4,499,498,000
1966 5,837,401,000
1967 5,296,849,000
1968 6,066,151,000
1969 5,931,742,000
1970 7,667,288,000
1971 7,994,630,000
1972 7,799,633,000
1973 8,508,105,000
1974 10,195,080,000
1975 8,358,154,000
1976 9,136,078,000
1977 10,620,170,000
1978 11,354,500,000
1979 11,318,560,000
1980 12,549,490,000
1981 14,210,370,000
1982 14,968,260,000
1983 14,646,380,000
1984 13,783,460,000
1985 12,454,300,000
1986 12,996,310,000
1987 14,193,860,000
1988 15,330,690,000
1989 14,207,450,000
1990 14,040,870,000
1991 12,814,060,000
1992 18,322,180,000
1993 25,321,550,000
1994 32,085,610,000
1995 34,031,890,000
1996 29,941,280,000
1997 29,748,210,000
1998 27,871,650,000
1999 17,104,840,000
2000 19,202,460,000
2001 20,820,060,000
2002 22,916,720,000
2003 25,518,940,000
2004 28,372,770,000
2005 31,627,920,000
2006 36,983,730,000
2007 42,826,080,000
2008 46,716,100,000
2009 43,775,060,000
2010 47,960,870,000
2011 56,841,270,000
2012 58,482,120,000
2013 63,047,600,000
2014 70,584,030,000
2015 69,771,440,000
2016 69,658,030,000
2017 67,409,200,000
2018 68,423,100,000
2019 71,025,330,000
2020 56,592,170,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Colombia was -20.32 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 42.98 in 1992 and a minimum value of -38.63 in 1999.

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
1961 10.09
1962 -6.68
1963 -3.43
1964 13.20
1965 -3.19
1966 29.73
1967 -9.26
1968 14.52
1969 -2.22
1970 29.26
1971 4.27
1972 -2.44
1973 9.08
1974 19.83
1975 -18.02
1976 9.31
1977 16.24
1978 6.91
1979 -0.32
1980 10.88
1981 13.23
1982 5.33
1983 -2.15
1984 -5.89
1985 -9.64
1986 4.35
1987 9.21
1988 8.01
1989 -7.33
1990 -1.17
1991 -8.74
1992 42.98
1993 38.20
1994 26.71
1995 6.07
1996 -12.02
1997 -0.64
1998 -6.31
1999 -38.63
2000 12.26
2001 8.42
2002 10.07
2003 11.36
2004 11.18
2005 11.47
2006 16.93
2007 15.80
2008 9.08
2009 -6.30
2010 9.56
2011 18.52
2012 2.89
2013 7.81
2014 11.95
2015 -1.15
2016 -0.16
2017 -3.23
2018 1.50
2019 3.80
2020 -20.32

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Colombia was 155,169,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 194,743,000,000,000 in 2019 and a minimum value of 11,257,900,000,000 in 1963.

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
1960 11,346,900,000,000
1961 12,491,300,000,000
1962 11,657,400,000,000
1963 11,257,900,000,000
1964 12,743,900,000,000
1965 12,337,100,000,000
1966 16,005,500,000,000
1967 14,523,300,000,000
1968 16,632,700,000,000
1969 16,264,100,000,000
1970 21,022,800,000,000
1971 21,920,300,000,000
1972 21,385,700,000,000
1973 23,328,200,000,000
1974 27,953,700,000,000
1975 22,917,100,000,000
1976 25,050,000,000,000
1977 29,119,200,000,000
1978 31,132,700,000,000
1979 31,034,100,000,000
1980 34,409,200,000,000
1981 38,963,100,000,000
1982 41,041,200,000,000
1983 40,158,600,000,000
1984 37,792,600,000,000
1985 34,148,200,000,000
1986 35,634,300,000,000
1987 38,917,900,000,000
1988 42,034,900,000,000
1989 38,955,100,000,000
1990 38,498,400,000,000
1991 35,134,600,000,000
1992 50,237,200,000,000
1993 69,428,700,000,000
1994 87,974,900,000,000
1995 93,311,400,000,000
1996 82,095,400,000,000
1997 81,566,000,000,000
1998 76,420,700,000,000
1999 46,899,400,000,000
2000 52,650,800,000,000
2001 57,086,100,000,000
2002 62,834,900,000,000
2003 69,969,900,000,000
2004 77,794,800,000,000
2005 86,720,000,000,000
2006 101,405,000,000,000
2007 117,424,000,000,000
2008 128,090,000,000,000
2009 120,026,000,000,000
2010 131,503,000,000,000
2011 155,852,000,000,000
2012 160,351,000,000,000
2013 172,869,000,000,000
2014 193,533,000,000,000
2015 191,305,000,000,000
2016 190,994,000,000,000
2017 184,828,000,000,000
2018 187,608,000,000,000
2019 194,743,000,000,000
2020 155,169,000,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Colombia was 19.01 as of 2020. Its highest value over the past 60 years was 25.80 in 1995, while its lowest value was 12.88 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
1960 20.25
1961 20.49
1962 18.13
1963 17.65
1964 17.51
1965 14.73
1966 19.06
1967 17.00
1968 19.09
1969 17.88
1970 20.23
1971 19.42
1972 18.13
1973 18.27
1974 21.46
1975 16.99
1976 17.56
1977 18.75
1978 18.28
1979 18.15
1980 19.07
1981 20.62
1982 20.49
1983 19.89
1984 18.96
1985 19.04
1986 18.00
1987 20.00
1988 21.99
1989 19.98
1990 20.61
1991 19.11
1992 20.55
1993 24.94
1994 25.54
1995 25.80
1996 22.15
1997 20.92
1998 19.73
1999 12.88
2000 14.90
2001 16.03
2002 17.25
2003 18.68
2004 19.44
2005 21.66
2006 22.94
2007 23.45
2008 23.72
2009 21.99
2010 21.89
2011 23.00
2012 22.10
2013 22.18
2014 24.00
2015 23.77
2016 23.17
2017 21.60
2018 21.20
2019 21.51
2020 19.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts