Austria - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Austria was 90,325,640,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 94,893,060,000 in 2018 and a minimum value of 33,114,040,000 in 1970.

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
1970 33,114,040,000
1971 34,119,620,000
1972 37,462,610,000
1973 40,972,870,000
1974 41,420,940,000
1975 36,341,400,000
1976 40,848,970,000
1977 45,184,430,000
1978 40,741,910,000
1979 47,399,220,000
1980 46,853,420,000
1981 44,027,480,000
1982 40,967,250,000
1983 39,679,370,000
1984 41,747,320,000
1985 44,427,300,000
1986 44,491,880,000
1987 45,980,350,000
1988 50,744,670,000
1989 54,219,630,000
1990 57,273,300,000
1991 60,022,490,000
1992 59,531,070,000
1993 57,871,210,000
1994 61,330,830,000
1995 65,271,150,000
1996 65,769,560,000
1997 66,931,100,000
1998 68,831,440,000
1999 71,184,230,000
2000 72,967,530,000
2001 72,345,280,000
2002 69,574,850,000
2003 72,808,820,000
2004 74,020,680,000
2005 75,178,770,000
2006 76,851,920,000
2007 82,584,640,000
2008 82,138,350,000
2009 73,631,510,000
2010 73,500,310,000
2011 79,972,490,000
2012 79,410,810,000
2013 78,827,380,000
2014 79,381,870,000
2015 81,955,100,000
2016 85,615,580,000
2017 89,448,500,000
2018 94,893,060,000
2019 94,727,020,000
2020 90,325,640,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts