Belgium - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Belgium was $126,087,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $137,822,000,000 in 2018 and $7,920,174,000 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 current U.S. dollars.

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

See also:

Year Value
1970 $7,920,174,000
1971 $8,516,198,000
1972 $9,882,649,000
1973 $13,174,220,000
1974 $16,974,110,000
1975 $17,491,570,000
1976 $19,183,380,000
1977 $22,063,810,000
1978 $26,750,690,000
1979 $30,192,670,000
1980 $33,679,670,000
1981 $23,640,710,000
1982 $19,891,610,000
1983 $16,354,970,000
1984 $16,518,430,000
1985 $16,371,350,000
1986 $22,282,200,000
1987 $29,333,130,000
1988 $35,480,170,000
1989 $38,634,430,000
1990 $49,990,830,000
1991 $48,081,290,000
1992 $53,043,110,000
1993 $49,285,730,000
1994 $53,905,780,000
1995 $62,763,000,000
1996 $60,393,350,000
1997 $56,354,760,000
1998 $57,777,620,000
1999 $58,593,410,000
2000 $56,316,260,000
2001 $53,584,710,000
2002 $53,607,880,000
2003 $66,685,070,000
2004 $83,690,120,000
2005 $91,341,360,000
2006 $97,862,120,000
2007 $115,862,000,000
2008 $134,178,000,000
2009 $107,153,000,000
2010 $111,337,000,000
2011 $128,252,000,000
2012 $117,538,000,000
2013 $117,028,000,000
2014 $123,869,000,000
2015 $109,240,000,000
2016 $115,456,000,000
2017 $122,958,000,000
2018 $137,822,000,000
2019 $133,634,000,000
2020 $126,087,000,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Belgium was 110,390,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 119,372,000,000 in 2019 and a minimum value of 9,817,055,000 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 current local currency.

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

Year Value
1970 9,817,055,000
1971 10,356,550,000
1972 10,782,960,000
1973 12,728,930,000
1974 16,390,200,000
1975 15,947,070,000
1976 18,358,500,000
1977 19,603,700,000
1978 20,884,260,000
1979 21,944,030,000
1980 24,414,390,000
1981 21,758,910,000
1982 22,529,230,000
1983 20,729,920,000
1984 23,661,000,000
1985 24,097,000,000
1986 24,675,310,000
1987 27,147,810,000
1988 32,340,170,000
1989 37,738,110,000
1990 41,412,410,000
1991 40,700,810,000
1992 42,275,350,000
1993 42,267,450,000
1994 44,709,450,000
1995 45,867,200,000
1996 46,351,900,000
1997 49,975,400,000
1998 51,988,300,000
1999 54,977,200,000
2000 60,973,900,000
2001 59,829,100,000
2002 56,693,500,000
2003 58,952,800,000
2004 67,280,300,000
2005 73,420,200,000
2006 77,940,600,000
2007 84,541,500,000
2008 91,230,800,000
2009 76,824,400,000
2010 83,982,600,000
2011 92,138,200,000
2012 91,484,500,000
2013 88,115,900,000
2014 93,239,600,000
2015 98,458,000,000
2016 104,305,000,000
2017 108,843,000,000
2018 116,704,000,000
2019 119,372,000,000
2020 110,390,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Belgium was 115,382,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 124,521,000,000 in 2019 and 36,023,310,000 in 1983.

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 2010 U.S. dollars.

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

See also:

Year Value
1970 39,764,680,000
1971 38,950,740,000
1972 38,919,430,000
1973 43,525,760,000
1974 48,004,040,000
1975 41,598,160,000
1976 45,045,890,000
1977 45,386,150,000
1978 46,423,650,000
1979 46,572,830,000
1980 53,643,760,000
1981 43,823,900,000
1982 40,525,120,000
1983 36,023,310,000
1984 40,592,770,000
1985 39,311,790,000
1986 41,500,200,000
1987 45,334,310,000
1988 53,887,900,000
1989 59,741,280,000
1990 64,323,980,000
1991 61,991,450,000
1992 63,125,360,000
1993 61,259,040,000
1994 63,565,100,000
1995 66,180,000,000
1996 66,454,940,000
1997 71,558,260,000
1998 72,657,340,000
1999 75,426,570,000
2000 80,849,530,000
2001 78,663,470,000
2002 74,955,250,000
2003 75,182,370,000
2004 83,165,870,000
2005 89,953,310,000
2006 93,274,970,000
2007 101,415,000,000
2008 103,479,000,000
2009 94,441,730,000
2010 96,538,940,000
2011 104,019,000,000
2012 102,090,000,000
2013 98,225,060,000
2014 103,540,000,000
2015 109,240,000,000
2016 114,869,000,000
2017 116,503,000,000
2018 121,943,000,000
2019 124,521,000,000
2020 115,382,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Belgium was -7.34 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 18.87 in 1988 and a minimum value of -18.31 in 1981.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1971 -2.05
1972 -0.08
1973 11.84
1974 10.29
1975 -13.34
1976 8.29
1977 0.76
1978 2.29
1979 0.32
1980 15.18
1981 -18.31
1982 -7.53
1983 -11.11
1984 12.68
1985 -3.16
1986 5.57
1987 9.24
1988 18.87
1989 10.86
1990 7.67
1991 -3.63
1992 1.83
1993 -2.96
1994 3.76
1995 4.11
1996 0.42
1997 7.68
1998 1.54
1999 3.81
2000 7.19
2001 -2.70
2002 -4.71
2003 0.30
2004 10.62
2005 8.16
2006 3.69
2007 8.73
2008 2.04
2009 -8.73
2010 2.22
2011 7.75
2012 -1.85
2013 -3.79
2014 5.41
2015 5.51
2016 5.15
2017 1.42
2018 4.67
2019 2.11
2020 -7.34

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Belgium was 103,993,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 112,230,000,000 in 2019 and a minimum value of 32,467,680,000 in 1983.

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 35,839,760,000
1971 35,106,160,000
1972 35,077,940,000
1973 39,229,620,000
1974 43,265,870,000
1975 37,492,270,000
1976 40,599,700,000
1977 40,906,380,000
1978 41,841,470,000
1979 41,975,920,000
1980 48,348,930,000
1981 39,498,330,000
1982 36,525,150,000
1983 32,467,680,000
1984 36,586,120,000
1985 35,431,580,000
1986 37,403,980,000
1987 40,859,650,000
1988 48,568,970,000
1989 53,844,600,000
1990 57,974,970,000
1991 55,872,670,000
1992 56,894,660,000
1993 55,212,560,000
1994 57,291,000,000
1995 59,647,800,000
1996 59,895,600,000
1997 64,495,200,000
1998 65,485,800,000
1999 67,981,700,000
2000 72,869,400,000
2001 70,899,100,000
2002 67,556,900,000
2003 67,761,600,000
2004 74,957,100,000
2005 81,074,600,000
2006 84,068,400,000
2007 91,404,700,000
2008 93,265,600,000
2009 85,120,000,000
2010 87,010,200,000
2011 93,752,000,000
2012 92,013,500,000
2013 88,529,900,000
2014 93,320,500,000
2015 98,458,000,000
2016 103,531,000,000
2017 105,004,000,000
2018 109,907,000,000
2019 112,230,000,000
2020 103,993,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Belgium was 24.16 as of 2020. Its highest value over the past 50 years was 30.29 in 1974, while its lowest value was 18.57 in 1986.

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.

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

See also:

Year Value
1970 29.66
1971 28.56
1972 26.56
1973 27.59
1974 30.29
1975 26.63
1976 26.98
1977 26.63
1978 26.42
1979 25.96
1980 26.56
1981 22.57
1982 21.60
1983 18.76
1984 19.82
1985 18.98
1986 18.57
1987 19.63
1988 21.86
1989 23.53
1990 24.35
1991 22.84
1992 22.59
1993 21.93
1994 22.01
1995 21.79
1996 21.63
1997 22.30
1998 22.35
1999 22.69
2000 23.78
2001 22.63
2002 20.75
2003 20.96
2004 22.67
2005 23.68
2006 23.97
2007 24.60
2008 25.94
2009 22.17
2010 23.13
2011 24.51
2012 23.69
2013 22.43
2014 23.14
2015 23.63
2016 24.25
2017 24.46
2018 25.37
2019 24.96
2020 24.16

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts