Bulgaria - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Bulgaria was 22,488,370,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 26,898,440,000 in 2008 and a minimum value of 8,768,000 in 1980.

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 8,768,000
1981 9,872,000
1982 9,902,000
1983 9,806,000
1984 10,515,800
1985 10,494,800
1986 12,350,000
1987 12,020,200
1988 13,197,400
1989 13,104,300
1990 11,614,900
1991 30,665,000
1992 39,937,000
1993 45,678,000
1994 49,360,000
1995 226,162,000
1996 25,313,000
1997 1,851,352,000
1998 4,950,305,000
1999 4,969,446,000
2000 5,356,705,000
2001 6,615,990,000
2002 6,993,973,000
2003 8,087,516,000
2004 9,654,845,000
2005 13,042,430,000
2006 17,184,900,000
2007 21,338,110,000
2008 26,898,440,000
2009 20,884,690,000
2010 16,863,170,000
2011 17,327,110,000
2012 18,088,110,000
2013 17,278,160,000
2014 18,098,350,000
2015 18,809,930,000
2016 18,080,570,000
2017 20,348,680,000
2018 23,328,130,000
2019 25,280,460,000
2020 22,488,370,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts