Colombia - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Colombia was -20.55 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 36.26 in 1993 and a minimum value of -34.56 in 1999.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1966 13.84
1967 8.79
1968 13.78
1969 9.47
1970 12.10
1971 4.86
1972 -1.97
1973 8.70
1974 8.68
1975 -3.83
1976 9.51
1977 0.70
1978 9.35
1979 3.81
1980 13.17
1981 6.27
1982 2.96
1983 1.18
1984 1.24
1985 -5.22
1986 7.64
1987 0.82
1988 10.87
1989 -5.24
1990 -3.34
1991 -6.17
1992 12.42
1993 36.26
1994 21.43
1995 0.91
1996 -1.40
1997 -2.01
1998 -6.30
1999 -34.56
2000 -2.02
2001 9.72
2002 11.12
2003 11.49
2004 11.13
2005 13.03
2006 18.77
2007 19.89
2008 -2.72
2009 4.46
2010 7.10
2011 12.21
2012 3.33
2013 8.48
2014 9.21
2015 2.81
2016 -2.89
2017 1.85
2018 1.04
2019 3.09
2020 -20.55

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts