Czech Republic - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Czech Republic was 1,475,990,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,598,860,000,000 in 2019 and a minimum value of 179,538,000,000 in 1990.

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
1990 179,538,000,000
1991 197,858,000,000
1992 252,132,000,000
1993 318,225,000,000
1994 414,012,000,000
1995 545,466,000,000
1996 660,472,000,000
1997 650,003,000,000
1998 667,273,000,000
1999 671,974,000,000
2000 762,331,000,000
2001 828,436,000,000
2002 823,899,000,000
2003 838,385,000,000
2004 924,535,000,000
2005 970,935,000,000
2006 1,072,780,000,000
2007 1,250,270,000,000
2008 1,266,670,000,000
2009 1,059,790,000,000
2010 1,092,440,000,000
2011 1,104,580,000,000
2012 1,077,830,000,000
2013 1,036,250,000,000
2014 1,130,340,000,000
2015 1,294,330,000,000
2016 1,248,340,000,000
2017 1,347,790,000,000
2018 1,471,560,000,000
2019 1,598,860,000,000
2020 1,475,990,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts