Estonia - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts