Canada - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Canada was 491,161,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 531,195,000,000 in 2019 and a minimum value of 9,407,000,000 in 1961.

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
1961 9,407,000,000
1962 10,494,000,000
1963 11,209,000,000
1964 12,810,000,000
1965 15,563,000,000
1966 17,883,000,000
1967 17,337,000,000
1968 18,225,000,000
1969 20,677,000,000
1970 20,388,000,000
1971 23,231,000,000
1972 25,975,000,000
1973 32,058,000,000
1974 40,692,000,000
1975 44,063,000,000
1976 51,331,000,000
1977 54,844,000,000
1978 58,792,000,000
1979 71,828,000,000
1980 76,342,000,000
1981 93,180,000,000
1982 77,341,000,000
1983 85,196,000,000
1984 96,834,000,000
1985 107,674,000,000
1986 114,175,000,000
1987 127,375,000,000
1988 147,358,000,000
1989 158,560,000,000
1990 148,171,000,000
1991 135,732,000,000
1992 132,030,000,000
1993 138,015,000,000
1994 154,562,000,000
1995 161,171,000,000
1996 162,747,000,000
1997 192,425,000,000
1998 197,939,000,000
1999 208,480,000,000
2000 228,009,000,000
2001 225,146,000,000
2002 235,626,000,000
2003 256,804,000,000
2004 285,616,000,000
2005 321,731,000,000
2006 353,130,000,000
2007 377,185,000,000
2008 398,891,000,000
2009 345,057,000,000
2010 391,221,000,000
2011 428,462,000,000
2012 454,381,000,000
2013 473,806,000,000
2014 496,145,000,000
2015 474,155,000,000
2016 461,034,000,000
2017 504,131,000,000
2018 517,638,000,000
2019 531,195,000,000
2020 491,161,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts