Dominican Republic - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Dominican Republic was $20,012,100,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $23,127,840,000 in 2019 and $58,000,000 in 1961.

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 $84,800,000
1961 $58,000,000
1962 $98,100,000
1963 $150,700,000
1964 $187,900,000
1965 $86,800,000
1966 $156,000,000
1967 $160,700,000
1968 $165,900,000
1969 $223,100,000
1970 $284,376,000
1971 $297,600,000
1972 $391,680,000
1973 $518,132,000
1974 $683,067,000
1975 $882,166,000
1976 $881,732,000
1977 $999,478,000
1978 $1,130,184,000
1979 $1,394,225,000
1980 $1,665,300,000
1981 $1,716,700,000
1982 $1,590,500,000
1983 $1,822,225,000
1984 $2,072,749,000
1985 $876,342,200
1986 $1,198,231,000
1987 $1,331,057,000
1988 $1,247,876,000
1989 $1,722,716,000
1990 $1,651,679,000
1991 $1,635,589,000
1992 $2,180,798,000
1993 $2,584,570,000
1994 $3,076,033,000
1995 $3,335,716,000
1996 $3,658,238,000
1997 $4,424,144,000
1998 $6,083,261,000
1999 $6,001,851,000
2000 $6,779,512,000
2001 $6,853,757,000
2002 $7,315,392,000
2003 $4,154,176,000
2004 $4,604,518,000
2005 $8,863,203,000
2006 $10,199,860,000
2007 $12,464,810,000
2008 $14,448,180,000
2009 $11,376,810,000
2010 $14,208,300,000
2011 $14,522,670,000
2012 $14,743,030,000
2013 $14,243,690,000
2014 $15,527,250,000
2015 $16,682,560,000
2016 $17,391,030,000
2017 $17,977,050,000
2018 $22,069,580,000
2019 $23,127,840,000
2020 $20,012,100,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Dominican Republic was 1,131,170,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,186,340,000,000 in 2019 and a minimum value of 58,000,000 in 1961.

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 84,800,000
1961 58,000,000
1962 98,100,000
1963 150,700,000
1964 187,900,000
1965 86,800,000
1966 156,000,000
1967 160,700,000
1968 165,900,000
1969 223,100,000
1970 284,376,000
1971 297,600,000
1972 391,680,000
1973 518,132,000
1974 683,067,000
1975 882,166,000
1976 881,732,000
1977 999,478,000
1978 1,130,184,000
1979 1,394,225,000
1980 1,665,300,000
1981 1,716,700,000
1982 1,590,500,000
1983 1,822,225,000
1984 2,072,749,000
1985 2,727,703,000
1986 3,480,021,000
1987 5,117,649,000
1988 7,627,645,000
1989 10,922,020,000
1990 14,081,060,000
1991 20,569,010,000
1992 27,259,980,000
1993 32,307,130,000
1994 38,809,690,000
1995 42,930,660,000
1996 47,177,730,000
1997 61,964,120,000
1998 89,442,790,000
1999 95,035,720,000
2000 109,703,000,000
2001 114,396,000,000
2002 128,700,000,000
2003 122,008,000,000
2004 193,069,000,000
2005 268,403,000,000
2006 339,655,000,000
2007 413,481,000,000
2008 498,887,000,000
2009 409,245,000,000
2010 523,168,000,000
2011 553,134,000,000
2012 579,700,000,000
2013 595,308,000,000
2014 676,207,000,000
2015 751,474,000,000
2016 801,107,000,000
2017 854,528,000,000
2018 1,092,670,000,000
2019 1,186,340,000,000
2020 1,131,170,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Dominican Republic was 21,553,460,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 22,841,020,000 in 2019 and 309,638,700 in 1961.

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 417,438,800
1961 309,638,700
1962 534,872,200
1963 759,647,000
1964 939,925,500
1965 442,210,000
1966 780,807,600
1967 773,154,400
1968 776,202,100
1969 1,022,308,000
1970 1,141,332,000
1971 1,337,171,000
1972 1,503,995,000
1973 1,908,214,000
1974 2,232,182,000
1975 2,456,762,000
1976 2,314,394,000
1977 2,483,741,000
1978 2,550,469,000
1979 2,759,597,000
1980 2,852,058,000
1981 2,465,804,000
1982 2,164,496,000
1983 2,405,584,000
1984 2,127,040,000
1985 2,023,966,000
1986 2,559,995,000
1987 3,269,084,000
1988 3,091,170,000
1989 3,515,301,000
1990 3,214,283,000
1991 2,947,862,000
1992 3,615,558,000
1993 4,161,215,000
1994 4,786,268,000
1995 4,991,605,000
1996 5,373,572,000
1997 6,536,532,000
1998 9,291,095,000
1999 9,247,960,000
2000 10,045,820,000
2001 10,184,270,000
2002 10,506,790,000
2003 7,980,803,000
2004 8,254,134,000
2005 9,789,047,000
2006 11,501,950,000
2007 13,100,410,000
2008 14,146,930,000
2009 11,653,260,000
2010 14,074,130,000
2011 13,251,800,000
2012 13,166,950,000
2013 12,938,850,000
2014 14,061,670,000
2015 16,682,560,000
2016 18,530,550,000
2017 18,009,660,000
2018 20,726,070,000
2019 22,841,020,000
2020 21,553,460,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Dominican Republic was -5.64 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 76.57 in 1966 and a minimum value of -52.95 in 1965.

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 -25.82
1962 72.74
1963 42.02
1964 23.73
1965 -52.95
1966 76.57
1967 -0.98
1968 0.39
1969 31.71
1970 11.64
1971 17.16
1972 12.48
1973 26.88
1974 16.98
1975 10.06
1976 -5.79
1977 7.32
1978 2.69
1979 8.20
1980 3.35
1981 -13.54
1982 -12.22
1983 11.14
1984 -11.58
1985 -4.85
1986 26.48
1987 27.70
1988 -5.44
1989 13.72
1990 -8.56
1991 -8.29
1992 22.65
1993 15.09
1994 15.02
1995 4.29
1996 7.65
1997 21.64
1998 42.14
1999 -0.46
2000 8.63
2001 1.38
2002 3.17
2003 -24.04
2004 3.42
2005 18.60
2006 17.50
2007 13.90
2008 7.99
2009 -17.63
2010 20.77
2011 -5.84
2012 -0.64
2013 -1.73
2014 8.68
2015 18.64
2016 11.08
2017 -2.81
2018 15.08
2019 10.20
2020 -5.64

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Dominican Republic was 680,280,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 720,919,000,000 in 2019 and a minimum value of 9,772,961,000 in 1961.

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 13,175,400,000
1961 9,772,961,000
1962 16,881,880,000
1963 23,976,330,000
1964 29,666,360,000
1965 13,957,240,000
1966 24,644,210,000
1967 24,402,660,000
1968 24,498,850,000
1969 32,266,560,000
1970 36,023,250,000
1971 42,204,400,000
1972 47,469,780,000
1973 60,227,920,000
1974 70,453,160,000
1975 77,541,460,000
1976 73,047,980,000
1977 78,392,990,000
1978 80,499,090,000
1979 87,099,680,000
1980 90,017,960,000
1981 77,826,830,000
1982 68,316,820,000
1983 75,926,140,000
1984 67,134,620,000
1985 63,881,340,000
1986 80,799,740,000
1987 103,180,000,000
1988 97,564,940,000
1989 110,952,000,000
1990 101,451,000,000
1991 93,041,800,000
1992 114,116,000,000
1993 131,338,000,000
1994 151,066,000,000
1995 157,547,000,000
1996 169,603,000,000
1997 206,309,000,000
1998 293,250,000,000
1999 291,888,000,000
2000 317,071,000,000
2001 321,441,000,000
2002 331,620,000,000
2003 251,894,000,000
2004 260,521,000,000
2005 308,966,000,000
2006 363,030,000,000
2007 413,481,000,000
2008 446,512,000,000
2009 367,805,000,000
2010 444,214,000,000
2011 418,260,000,000
2012 415,581,000,000
2013 408,382,000,000
2014 443,821,000,000
2015 526,543,000,000
2016 584,870,000,000
2017 568,429,000,000
2018 654,166,000,000
2019 720,919,000,000
2020 680,280,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Dominican Republic was 25.38 as of 2020. Its highest value over the past 60 years was 30.02 in 2008, while its lowest value was 8.87 in 1961.

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 12.61
1961 8.87
1962 11.90
1963 16.02
1964 18.32
1965 9.77
1966 15.86
1967 15.53
1968 15.37
1969 18.13
1970 19.14
1971 17.86
1972 19.71
1973 22.10
1974 23.35
1975 24.51
1976 22.31
1977 21.79
1978 23.87
1979 25.36
1980 24.63
1981 22.70
1982 19.24
1983 19.76
1984 17.88
1985 17.37
1986 19.57
1987 22.84
1988 23.22
1989 25.76
1990 23.35
1991 16.65
1992 18.79
1993 19.76
1994 21.00
1995 20.05
1996 20.05
1997 22.10
1998 28.07
1999 27.11
2000 27.89
2001 26.77
2002 26.96
2003 19.41
2004 20.63
2005 24.77
2006 26.93
2007 28.35
2008 30.02
2009 23.57
2010 26.38
2011 25.03
2012 24.30
2013 22.72
2014 23.11
2015 23.44
2016 22.97
2017 22.47
2018 25.80
2019 26.00
2020 25.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts