Antigua and Barbuda - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Antigua and Barbuda was 2,132,984,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 2,132,984,000 in 2020 and a minimum value of 324,000,000 in 1993.

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
1993 324,000,000
1994 347,000,000
1995 379,000,000
1996 433,000,000
1997 477,000,000
1998 543,000,000
1999 598,000,000
2000 647,000,000
2001 443,000,000
2002 487,000,000
2003 536,000,000
2004 584,000,000
2005 743,000,000
2006 1,131,000,000
2007 1,324,000,000
2008 1,384,000,000
2009 1,250,000,000
2010 872,000,000
2011 637,000,000
2012 717,000,000
2013 757,000,000
2014 842,346,600
2015 863,594,000
2016 1,054,352,000
2017 1,290,814,000
2018 1,603,192,000
2019 1,908,199,000
2020 2,132,984,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts