Belgium - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Belgium was 102,095,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 108,798,000,000 in 2019 and a minimum value of 36,286,120,000 in 1971.

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 constant local currency.

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

Year Value
1970 36,989,120,000
1971 36,286,120,000
1972 37,517,970,000
1973 40,152,990,000
1974 42,938,870,000
1975 42,137,080,000
1976 43,819,810,000
1977 43,838,190,000
1978 45,049,980,000
1979 43,824,030,000
1980 49,341,540,000
1981 41,676,910,000
1982 40,009,830,000
1983 37,884,410,000
1984 38,771,750,000
1985 40,503,100,000
1986 41,745,380,000
1987 43,810,710,000
1988 50,828,360,000
1989 56,802,160,000
1990 61,676,230,000
1991 59,120,420,000
1992 59,761,820,000
1993 58,256,840,000
1994 58,480,420,000
1995 60,464,700,000
1996 60,799,200,000
1997 64,872,200,000
1998 66,333,100,000
1999 69,049,600,000
2000 72,480,800,000
2001 73,659,400,000
2002 70,617,000,000
2003 70,523,800,000
2004 76,892,000,000
2005 81,303,900,000
2006 82,853,100,000
2007 88,886,400,000
2008 90,581,400,000
2009 84,582,500,000
2010 84,588,400,000
2011 89,004,100,000
2012 89,581,500,000
2013 87,548,300,000
2014 92,237,800,000
2015 95,688,900,000
2016 99,665,100,000
2017 101,063,000,000
2018 104,125,000,000
2019 108,798,000,000
2020 102,095,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts