Dominican Republic - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Dominican Republic was 625,374,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 711,179,000,000 in 2019 and a minimum value of 6,918,305,000 in 1961.

Definition: 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. Data are in constant local currency.

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

Year Value
1960 8,828,409,000
1961 6,918,305,000
1962 11,973,090,000
1963 16,375,650,000
1964 20,871,380,000
1965 10,983,100,000
1966 17,099,860,000
1967 17,880,510,000
1968 19,358,110,000
1969 21,287,360,000
1970 26,945,950,000
1971 36,086,710,000
1972 42,877,170,000
1973 50,845,380,000
1974 54,709,990,000
1975 62,641,680,000
1976 57,653,310,000
1977 63,311,760,000
1978 62,965,120,000
1979 71,602,650,000
1980 76,204,630,000
1981 63,951,890,000
1982 53,469,180,000
1983 61,814,660,000
1984 56,476,230,000
1985 53,695,820,000
1986 68,274,220,000
1987 87,468,740,000
1988 82,572,950,000
1989 94,071,420,000
1990 85,958,070,000
1991 78,651,630,000
1992 97,129,080,000
1993 113,004,000,000
1994 131,242,000,000
1995 138,584,000,000
1996 158,141,000,000
1997 191,291,000,000
1998 259,538,000,000
1999 242,555,000,000
2000 280,408,000,000
2001 273,137,000,000
2002 291,141,000,000
2003 246,659,000,000
2004 250,441,000,000
2005 285,010,000,000
2006 348,367,000,000
2007 394,318,000,000
2008 419,209,000,000
2009 358,006,000,000
2010 419,872,000,000
2011 410,484,000,000
2012 408,612,000,000
2013 398,536,000,000
2014 435,796,000,000
2015 518,064,000,000
2016 581,874,000,000
2017 580,348,000,000
2018 657,727,000,000
2019 711,179,000,000
2020 625,374,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts