Argentina - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Argentina was 3,816,720,000,000.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,816,720,000,000.00 in 2020 and a minimum value of 0.03 in 1960.

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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 0.03
1961 0.05
1962 0.05
1963 0.05
1964 0.06
1965 0.09
1966 0.12
1967 0.17
1968 0.20
1969 0.26
1970 0.29
1971 0.40
1972 0.66
1973 0.99
1974 1.45
1975 5.71
1976 31.45
1977 87.85
1978 197.15
1979 462.07
1980 970.00
1981 1,696.00
1982 4,754.00
1983 22,870.00
1984 157,900.00
1985 933,100.00
1986 1,743,400.00
1987 4,562,600.00
1988 20,702,000.00
1989 503,303,000.00
1990 9,647,000,000.00
1991 26,478,000,000.00
1992 37,854,000,000.00
1993 45,069,410,000.00
1994 51,330,900,000.00
1995 46,285,080,000.00
1996 49,210,610,000.00
1997 56,727,150,000.00
1998 59,595,220,000.00
1999 51,073,900,000.00
2000 46,020,120,000.00
2001 38,098,830,000.00
2002 37,386,590,000.00
2003 56,903,330,000.00
2004 77,103,180,000.00
2005 101,077,000,000.00
2006 131,234,000,000.00
2007 175,055,000,000.00
2008 218,550,000,000.00
2009 194,449,000,000.00
2010 276,535,000,000.00
2011 375,844,000,000.00
2012 418,308,000,000.00
2013 545,423,000,000.00
2014 731,736,000,000.00
2015 926,804,000,000.00
2016 1,174,350,000,000.00
2017 1,616,330,000,000.00
2018 2,248,740,000,000.00
2019 3,060,540,000,000.00
2020 3,816,720,000,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts