Colombia - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Colombia was 153,946,000,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 193,776,000,000,000 in 2019 and a minimum value of 14,700,300,000,000 in 1965.

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 constant local currency.

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

Year Value
1965 14,700,300,000,000
1966 16,735,300,000,000
1967 18,205,500,000,000
1968 20,714,400,000,000
1969 22,675,400,000,000
1970 25,419,900,000,000
1971 26,655,000,000,000
1972 26,129,900,000,000
1973 28,402,400,000,000
1974 30,868,400,000,000
1975 29,685,800,000,000
1976 32,509,600,000,000
1977 32,738,500,000,000
1978 35,798,900,000,000
1979 37,161,600,000,000
1980 42,057,200,000,000
1981 44,693,800,000,000
1982 46,016,300,000,000
1983 46,559,600,000,000
1984 47,138,700,000,000
1985 44,677,500,000,000
1986 48,091,500,000,000
1987 48,483,700,000,000
1988 53,754,500,000,000
1989 50,939,700,000,000
1990 49,236,300,000,000
1991 46,197,000,000,000
1992 51,933,000,000,000
1993 70,763,500,000,000
1994 85,925,800,000,000
1995 86,703,800,000,000
1996 85,493,400,000,000
1997 83,774,500,000,000
1998 78,495,900,000,000
1999 51,370,600,000,000
2000 50,333,500,000,000
2001 55,226,900,000,000
2002 61,367,000,000,000
2003 68,415,600,000,000
2004 76,030,400,000,000
2005 85,938,000,000,000
2006 102,070,000,000,000
2007 122,373,000,000,000
2008 119,050,000,000,000
2009 124,354,000,000,000
2010 133,189,000,000,000
2011 149,454,000,000,000
2012 154,437,000,000,000
2013 167,533,000,000,000
2014 182,957,000,000,000
2015 188,095,000,000,000
2016 182,659,000,000,000
2017 186,046,000,000,000
2018 187,975,000,000,000
2019 193,776,000,000,000
2020 153,946,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts