Colombia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Colombia was 18.82 as of 2020. Its highest value over the past 60 years was 24.08 in 2007, while its lowest value was 13.25 in 1999.

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.

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

See also:

Year Value
1960 18.99
1961 19.25
1962 18.82
1963 17.28
1964 16.88
1965 13.34
1966 14.97
1967 15.43
1968 16.73
1969 17.45
1970 18.02
1971 17.51
1972 16.08
1973 15.80
1974 16.39
1975 15.34
1976 15.89
1977 14.53
1978 15.38
1979 15.42
1980 16.77
1981 17.65
1982 17.46
1983 17.18
1984 16.97
1985 17.53
1986 17.74
1987 17.42
1988 19.50
1989 18.07
1990 19.05
1991 17.51
1992 19.10
1993 22.85
1994 23.29
1995 22.40
1996 21.60
1997 20.21
1998 18.94
1999 13.25
2000 14.13
2001 15.40
2002 16.73
2003 18.11
2004 18.83
2005 20.96
2006 22.58
2007 24.08
2008 21.91
2009 22.65
2010 22.04
2011 21.92
2012 21.13
2013 21.34
2014 22.67
2015 23.37
2016 22.13
2017 21.72
2018 21.23
2019 21.40
2020 18.82

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts