Belgium - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Belgium was 109,321,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 115,493,000,000 in 2019 and a minimum value of 8,911,874,000 in 1970.

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
1970 8,911,874,000
1971 9,492,002,000
1972 10,268,660,000
1973 11,695,950,000
1974 14,554,430,000
1975 15,917,690,000
1976 17,710,950,000
1977 18,776,790,000
1978 20,164,720,000
1979 20,587,430,000
1980 22,818,930,000
1981 20,780,770,000
1982 21,169,940,000
1983 20,687,370,000
1984 21,928,280,000
1985 23,899,720,000
1986 24,808,160,000
1987 26,420,460,000
1988 31,178,380,000
1989 36,632,380,000
1990 40,789,860,000
1991 39,901,440,000
1992 41,350,280,000
1993 41,084,530,000
1994 42,243,150,000
1995 44,690,500,000
1996 45,396,000,000
1997 48,975,800,000
1998 50,666,600,000
1999 53,711,200,000
2000 57,702,800,000
2001 59,185,300,000
2002 56,554,200,000
2003 57,629,700,000
2004 63,703,000,000
2005 68,685,400,000
2006 72,591,500,000
2007 80,039,200,000
2008 84,833,900,000
2009 78,942,100,000
2010 80,337,800,000
2011 86,511,600,000
2012 88,673,000,000
2013 87,113,300,000
2014 91,908,300,000
2015 95,688,900,000
2016 100,114,000,000
2017 103,601,000,000
2018 108,530,000,000
2019 115,493,000,000
2020 109,321,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts