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Investment (gross fixed): 24.5% of GDP (2012 est.) Definition: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of December 6, 2013 See Also
Related Data From the International Monetary FundVariable: Investment Note: Expressed as a ratio of total investment in current local currency and GDP in current local currency. Investment or gross capital formation is measured by the total value of the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables for a unit or sector. [SNA 1993] Units: Percent of GDP Country-specific Note: Source: National Statistical Office Latest actual data: 2009 Notes: Data from 1995 onwards reflect methodological revisions that have not been incorporated in data for 1993-94. Hence there is a series break in that year. National accounts manual used: ESA 1995 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2000 Chain-weighted: Yes, from 1995 Primary domestic currency: Estonian krooni Data last updated: 09/2011 Source: International Monetary Fund - 2011 World Economic Outlook
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