Denmark - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Denmark was 534,075,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 534,075,000,000 in 2020 and a minimum value of 21,134,480,000 in 1966.

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
1966 21,134,480,000
1967 22,851,260,000
1968 25,368,880,000
1969 31,258,900,000
1970 34,252,740,000
1971 36,726,980,000
1972 43,118,540,000
1973 51,192,750,000
1974 56,081,150,000
1975 52,262,560,000
1976 68,481,320,000
1977 72,941,660,000
1978 77,012,120,000
1979 85,582,140,000
1980 80,672,020,000
1981 74,992,850,000
1982 91,975,000,000
1983 101,848,000,000
1984 126,115,000,000
1985 146,732,000,000
1986 169,500,000,000
1987 164,817,000,000
1988 163,792,000,000
1989 175,220,000,000
1990 177,942,000,000
1991 174,651,000,000
1992 174,815,000,000
1993 161,348,000,000
1994 186,087,000,000
1995 214,411,000,000
1996 218,298,000,000
1997 252,858,000,000
1998 268,687,000,000
1999 259,326,000,000
2000 296,585,000,000
2001 299,338,000,000
2002 300,995,000,000
2003 300,593,000,000
2004 326,671,000,000
2005 352,191,000,000
2006 408,760,000,000
2007 439,542,000,000
2008 432,066,000,000
2009 328,729,000,000
2010 327,344,000,000
2011 353,247,000,000
2012 368,889,000,000
2013 379,969,000,000
2014 398,036,000,000
2015 420,125,000,000
2016 458,984,000,000
2017 483,615,000,000
2018 509,233,000,000
2019 509,144,000,000
2020 534,075,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts