Croatia - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Croatia was 90,459,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 106,549,000,000 in 2008 and a minimum value of 20,308,480,000 in 1995.

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
1995 20,308,480,000
1996 26,610,450,000
1997 37,687,850,000
1998 35,583,920,000
1999 35,644,360,000
2000 36,194,050,000
2001 41,227,670,000
2002 52,183,530,000
2003 65,415,530,000
2004 67,517,020,000
2005 72,894,440,000
2006 85,940,150,000
2007 93,679,090,000
2008 106,549,000,000
2009 83,231,080,000
2010 69,568,850,000
2011 66,665,120,000
2012 62,301,290,000
2013 64,380,470,000
2014 62,923,270,000
2015 70,027,250,000
2016 73,794,830,000
2017 80,779,620,000
2018 90,592,660,000
2019 93,937,100,000
2020 90,459,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts