Belize - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Belize was 729,832,100 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 761,128,600 in 2016 and a minimum value of 70,246,980 in 1982.

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
1980 92,297,620
1981 98,453,770
1982 70,246,980
1983 75,155,110
1984 99,653,150
1985 92,130,660
1986 93,267,380
1987 117,948,400
1988 154,035,200
1989 218,308,700
1990 205,272,000
1991 244,100,000
1992 270,355,100
1993 317,530,200
1994 238,757,800
1995 269,231,600
1996 261,118,700
1997 264,000,400
1998 262,726,000
1999 360,353,500
2000 527,653,200
2001 432,254,600
2002 444,418,300
2003 405,881,200
2004 413,668,900
2005 465,736,300
2006 469,826,400
2007 506,113,300
2008 700,539,900
2009 510,062,900
2010 369,591,900
2011 502,486,500
2012 454,416,300
2013 571,396,300
2014 642,026,800
2015 740,506,500
2016 761,128,600
2017 670,600,100
2018 654,407,600
2019 704,475,800
2020 729,832,100

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts