Estonia - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Estonia was $9,403,838,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between $9,403,838,000 in 2020 and $977,594,600 in 1993.

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 current U.S. dollars.

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

See also:

Year Value
1993 $977,594,600
1994 $1,115,391,000
1995 $1,193,495,000
1996 $1,293,668,000
1997 $1,473,967,000
1998 $1,778,075,000
1999 $1,491,328,000
2000 $1,517,589,000
2001 $1,715,706,000
2002 $2,251,779,000
2003 $3,234,679,000
2004 $3,852,866,000
2005 $4,635,876,000
2006 $6,264,465,000
2007 $8,169,780,000
2008 $7,577,715,000
2009 $4,452,427,000
2010 $4,145,658,000
2011 $6,141,897,000
2012 $6,608,817,000
2013 $7,007,374,000
2014 $6,856,661,000
2015 $5,606,906,000
2016 $5,881,115,000
2017 $6,978,328,000
2018 $7,529,407,000
2019 $7,894,105,000
2020 $9,403,838,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Estonia was 8,233,121,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 8,233,121,000 in 2020 and a minimum value of 369,433,000 in 1993.

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 current local currency.

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

Year Value
1993 369,433,000
1994 563,607,000
1995 758,466,000
1996 994,701,000
1997 1,307,704,000
1998 1,598,312,000
1999 1,400,655,000
2000 1,647,039,000
2001 1,916,615,000
2002 2,390,714,000
2003 2,864,632,000
2004 3,101,557,000
2005 3,727,708,000
2006 4,993,405,000
2007 5,968,841,000
2008 5,173,306,000
2009 3,204,857,000
2010 3,130,158,000
2011 4,412,424,000
2012 5,143,894,000
2013 5,276,168,000
2014 5,161,202,000
2015 5,053,484,000
2016 5,313,125,000
2017 6,177,254,000
2018 6,375,696,000
2019 7,051,616,000
2020 8,233,121,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Estonia was 8,532,512,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between 8,532,512,000 in 2020 and 1,300,828,000 in 1993.

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 2010 U.S. dollars.

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

See also:

Year Value
1993 1,300,828,000
1994 1,420,961,000
1995 1,500,314,000
1996 1,795,840,000
1997 2,217,602,000
1998 2,725,833,000
1999 2,336,776,000
2000 2,668,095,000
2001 3,015,423,000
2002 3,726,276,000
2003 4,387,149,000
2004 4,628,793,000
2005 5,342,844,000
2006 6,558,937,000
2007 7,234,992,000
2008 6,286,771,000
2009 3,948,326,000
2010 3,861,300,000
2011 5,236,053,000
2012 5,861,359,000
2013 5,948,904,000
2014 5,790,012,000
2015 5,606,906,000
2016 5,893,446,000
2017 6,709,188,000
2018 6,708,502,000
2019 7,117,088,000
2020 8,532,512,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Estonia was 19.89 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 35.60 in 2011 and a minimum value of -37.20 in 2009.

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
1994 9.24
1995 5.58
1996 19.70
1997 23.49
1998 22.92
1999 -14.27
2000 14.18
2001 13.02
2002 23.57
2003 17.74
2004 5.51
2005 15.43
2006 22.76
2007 10.31
2008 -13.11
2009 -37.20
2010 -2.20
2011 35.60
2012 11.94
2013 1.49
2014 -2.67
2015 -3.16
2016 5.11
2017 13.84
2018 -0.01
2019 6.09
2020 19.89

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Estonia was 7,690,323,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 7,690,323,000 in 2020 and a minimum value of 1,172,432,000 in 1993.

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
1993 1,172,432,000
1994 1,280,707,000
1995 1,352,228,000
1996 1,618,584,000
1997 1,998,717,000
1998 2,456,784,000
1999 2,106,128,000
2000 2,404,745,000
2001 2,717,790,000
2002 3,358,479,000
2003 3,954,122,000
2004 4,171,915,000
2005 4,815,486,000
2006 5,911,546,000
2007 6,520,872,000
2008 5,666,244,000
2009 3,558,612,000
2010 3,480,176,000
2011 4,719,236,000
2012 5,282,822,000
2013 5,361,726,000
2014 5,218,517,000
2015 5,053,484,000
2016 5,311,742,000
2017 6,046,967,000
2018 6,046,349,000
2019 6,414,606,000
2020 7,690,323,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Estonia was 30.68 as of 2020. Its highest value over the past 25 years was 36.80 in 2006, while its lowest value was 21.23 in 2010.

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.

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

See also:

Year Value
1995 26.50
1996 27.03
1997 28.60
1998 31.34
1999 25.90
2000 26.69
2001 27.43
2002 30.56
2003 32.76
2004 31.72
2005 32.86
2006 36.80
2007 36.39
2008 31.13
2009 22.68
2010 21.23
2011 26.46
2012 28.71
2013 27.90
2014 25.74
2015 24.49
2016 24.43
2017 25.92
2018 24.70
2019 25.43
2020 30.68

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts