Colombia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Colombia was 188,786,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 227,058,000,000,000 in 2019 and a minimum value of 5,077,871,000 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 5,077,871,000
1961 5,854,772,000
1962 6,437,476,000
1963 7,519,592,000
1964 9,073,509,000
1965 8,068,000,000
1966 10,972,000,000
1967 13,040,000,000
1968 16,244,000,000
1969 19,497,000,000
1970 23,919,000,000
1971 27,302,000,000
1972 30,486,000,000
1973 38,416,000,000
1974 52,843,000,000
1975 62,129,000,000
1976 84,571,000,000
1977 104,041,000,000
1978 139,897,000,000
1979 183,325,000,000
1980 264,894,000,000
1981 350,048,000,000
1982 436,091,000,000
1983 524,847,000,000
1984 654,459,000,000
1985 870,466,000,000
1986 1,204,110,000,000
1987 1,537,240,000,000
1988 2,287,690,000,000
1989 2,733,480,000,000
1990 4,578,350,000,000
1991 5,452,440,000,000
1992 7,590,550,000,000
1993 11,944,500,000,000
1994 15,727,300,000,000
1995 18,911,100,000,000
1996 21,749,500,000,000
1997 24,591,800,000,000
1998 26,602,600,000,000
1999 20,079,100,000,000
2000 29,464,000,000,000
2001 34,780,000,000,000
2002 41,031,000,000,000
2003 49,321,000,000,000
2004 57,957,000,000,000
2005 70,823,000,000,000
2006 86,157,000,000,000
2007 103,173,000,000,000
2008 104,431,000,000,000
2009 113,590,000,000,000
2010 119,927,000,000,000
2011 135,664,000,000,000
2012 140,801,000,000,000
2013 152,376,000,000,000
2014 172,954,000,000,000
2015 188,095,000,000,000
2016 191,152,000,000,000
2017 199,952,000,000,000
2018 209,687,000,000,000
2019 227,058,000,000,000
2020 188,786,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts