Croatia - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Croatia was 88,213,310,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 105,105,000,000 in 2008 and a minimum value of 34,114,560,000 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 constant local currency.

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

Year Value
1995 34,114,560,000
1996 42,602,050,000
1997 56,349,920,000
1998 51,010,420,000
1999 48,199,930,000
2000 46,721,850,000
2001 51,045,400,000
2002 61,098,930,000
2003 73,588,670,000
2004 74,698,300,000
2005 79,106,630,000
2006 90,896,710,000
2007 95,707,110,000
2008 105,105,000,000
2009 81,679,150,000
2010 68,659,430,000
2011 65,835,120,000
2012 62,354,750,000
2013 64,926,430,000
2014 62,925,550,000
2015 70,027,250,000
2016 74,224,550,000
2017 80,687,430,000
2018 89,276,560,000
2019 90,767,420,000
2020 88,213,310,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts