Chile - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Chile was 39,748,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 45,148,900,000,000 in 2019 and a minimum value of 636,414 in 1960.

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
1960 636,414
1961 786,648
1962 758,636
1963 1,387,964
1964 2,013,378
1965 2,981,417
1966 4,644,261
1967 5,952,931
1968 8,383,213
1969 11,313,500
1970 17,663,940
1971 20,225,850
1972 31,579,600
1973 103,113,200
1974 2,128,791,000
1975 5,237,410,000
1976 18,317,770,000
1977 46,020,390,000
1978 95,757,570,000
1979 152,219,000,000
1980 250,297,000,000
1981 315,405,000,000
1982 151,084,000,000
1983 194,979,000,000
1984 373,116,000,000
1985 485,394,000,000
1986 687,688,000,000
1987 1,091,590,000,000
1988 1,476,840,000,000
1989 2,058,380,000,000
1990 2,619,920,000,000
1991 3,115,520,000,000
1992 4,196,840,000,000
1993 5,608,060,000,000
1994 6,163,620,000,000
1995 8,063,490,000,000
1996 8,960,180,000,000
1997 9,895,320,000,000
1998 10,117,200,000,000
1999 7,982,070,000,000
2000 9,290,180,000,000
2001 10,080,300,000,000
2002 10,729,800,000,000
2003 11,004,400,000,000
2004 11,960,700,000,000
2005 15,033,000,000,000
2006 17,085,700,000,000
2007 18,907,400,000,000
2008 25,169,400,000,000
2009 20,360,600,000,000
2010 25,803,100,000,000
2011 30,065,700,000,000
2012 34,370,300,000,000
2013 35,331,600,000,000
2014 34,536,400,000,000
2015 37,950,900,000,000
2016 37,657,500,000,000
2017 38,210,000,000,000
2018 42,339,000,000,000
2019 45,148,900,000,000
2020 39,748,200,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts