Dominican Republic - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Dominican Republic was -12.07 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 73.06 in 1962 and a minimum value of -47.38 in 1965.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 -21.64
1962 73.06
1963 36.77
1964 27.45
1965 -47.38
1966 55.69
1967 4.57
1968 8.26
1969 9.97
1970 26.58
1971 33.92
1972 18.82
1973 18.58
1974 7.60
1975 14.50
1976 -7.96
1977 9.81
1978 -0.55
1979 13.72
1980 6.43
1981 -16.08
1982 -16.39
1983 15.61
1984 -8.64
1985 -4.92
1986 27.15
1987 28.11
1988 -5.60
1989 13.93
1990 -8.62
1991 -8.50
1992 23.49
1993 16.34
1994 16.14
1995 5.59
1996 14.11
1997 20.96
1998 35.68
1999 -6.54
2000 15.61
2001 -2.59
2002 6.59
2003 -15.28
2004 1.53
2005 13.80
2006 22.23
2007 13.19
2008 6.31
2009 -14.60
2010 17.28
2011 -2.24
2012 -0.46
2013 -2.47
2014 9.35
2015 18.88
2016 12.32
2017 -0.26
2018 13.33
2019 8.13
2020 -12.07

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts