Bulgaria - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Bulgaria was 20,786,660,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 29,565,270,000 in 2008 and a minimum value of 434,655,000 in 1996.

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
1980 1,043,197,000
1981 1,162,135,000
1982 1,133,980,000
1983 1,127,316,000
1984 1,192,910,000
1985 1,168,784,000
1986 1,387,770,000
1987 1,321,764,000
1988 1,590,873,000
1989 1,561,543,000
1990 997,630,200
1991 829,072,300
1992 730,554,000
1993 580,538,400
1994 512,486,900
1995 528,721,000
1996 434,655,000
1997 4,292,545,000
1998 7,840,164,000
1999 8,679,823,000
2000 9,142,612,000
2001 10,727,580,000
2002 11,511,630,000
2003 13,411,990,000
2004 14,856,700,000
2005 18,449,200,000
2006 22,277,120,000
2007 25,351,530,000
2008 29,565,270,000
2009 22,419,050,000
2010 18,409,770,000
2011 17,807,080,000
2012 18,356,490,000
2013 17,379,250,000
2014 18,573,350,000
2015 18,809,930,000
2016 17,960,030,000
2017 19,122,160,000
2018 21,117,240,000
2019 21,945,260,000
2020 20,786,660,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts