Costa Rica - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Costa Rica was 5,992,130,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 6,615,850,000,000 in 2018 and a minimum value of 500,600,000 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 500,600,000
1961 553,000,000
1962 619,900,000
1963 639,800,000
1964 577,100,000
1965 766,200,000
1966 817,300,000
1967 897,000,000
1968 924,200,000
1969 1,132,700,000
1970 1,339,900,000
1971 1,736,900,000
1972 1,809,700,000
1973 2,438,300,000
1974 3,533,700,000
1975 3,636,700,000
1976 4,892,300,000
1977 6,390,400,000
1978 7,083,900,000
1979 8,754,700,000
1980 11,003,400,000
1981 16,575,000,000
1982 24,070,200,000
1983 31,270,400,000
1984 37,002,600,000
1985 51,239,800,000
1986 62,162,000,000
1987 77,169,700,000
1988 85,569,000,000
1989 113,233,000,000
1990 142,857,000,000
1991 162,128,000,000
1992 235,377,000,000
1993 286,499,000,000
1994 342,120,000,000
1995 406,443,000,000
1996 430,578,000,000
1997 588,428,000,000
1998 797,571,000,000
1999 858,439,000,000
2000 957,184,000,000
2001 1,056,880,000,000
2002 1,186,300,000,000
2003 1,305,850,000,000
2004 1,542,820,000,000
2005 1,816,200,000,000
2006 2,448,740,000,000
2007 3,234,310,000,000
2008 3,989,150,000,000
2009 3,252,540,000,000
2010 3,927,510,000,000
2011 4,335,120,000,000
2012 4,715,940,000,000
2013 4,988,310,000,000
2014 5,382,740,000,000
2015 5,688,530,000,000
2016 6,055,090,000,000
2017 6,204,140,000,000
2018 6,615,850,000,000
2019 6,287,060,000,000
2020 5,992,130,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts