Serbia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Serbia was 21.45 as of 2020. Its highest value over the past 25 years was 23.77 in 2007, while its lowest value was 10.83 in 1996.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1995 11.14
1996 10.83
1997 11.70
1998 11.98
1999 11.14
2000 12.20
2001 12.20
2002 15.12
2003 17.15
2004 19.54
2005 19.44
2006 21.20
2007 23.77
2008 23.71
2009 18.69
2010 17.68
2011 17.51
2012 20.21
2013 16.47
2014 15.95
2015 16.97
2016 17.06
2017 17.74
2018 20.04
2019 22.46
2020 21.45

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts