Belarus - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Belarus was 38,621,000,000.00 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 39,274,400,000.00 in 2019 and a minimum value of 114.80 in 1990.

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
1990 114.80
1991 300.00
1992 2,900.00
1993 40,400.00
1994 586,000.00
1995 3,004,700.00
1996 4,511,900.00
1997 9,844,600.00
1998 18,756,100.00
1999 71,738,200.00
2000 231,986,400.00
2001 408,050,000.00
2002 579,665,200.00
2003 912,450,000.00
2004 1,433,130,000.00
2005 1,851,840,000.00
2006 2,551,140,000.00
2007 3,312,550,000.00
2008 4,885,540,000.00
2009 5,238,060,000.00
2010 6,930,520,000.00
2011 11,434,920,000.00
2012 19,218,210,000.00
2013 26,021,390,000.00
2014 28,074,650,000.00
2015 26,105,040,000.00
2016 25,140,200,000.00
2017 29,641,600,000.00
2018 34,346,000,000.00
2019 39,274,400,000.00
2020 38,621,000,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts