Costa Rica - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Costa Rica was 0.66 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 45.83 in 1964 and a minimum value of -37.73 in 1981.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 -37.58
1962 8.79
1963 -23.89
1964 45.83
1965 -2.88
1966 21.26
1967 6.79
1968 -1.67
1969 15.42
1970 13.94
1971 23.60
1972 -6.99
1973 18.66
1974 8.58
1975 -8.91
1976 26.52
1977 22.76
1978 -0.41
1979 9.25
1980 7.00
1981 -37.73
1982 -25.45
1983 33.06
1984 10.94
1985 7.74
1986 31.10
1987 3.44
1988 -7.07
1989 6.84
1990 7.27
1991 -12.66
1992 28.73
1993 14.82
1994 3.68
1995 5.67
1996 -5.63
1997 18.35
1998 26.27
1999 -1.85
2000 -4.58
2001 2.83
2002 5.02
2003 5.43
2004 1.04
2005 4.59
2006 7.68
2007 18.98
2008 9.69
2009 -12.62
2010 4.28
2011 3.24
2012 8.59
2013 4.84
2014 3.89
2015 3.54
2016 6.00
2017 -0.54
2018 2.25
2019 -6.49
2020 0.66

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts