Finland - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Finland was 57,193,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 57,193,000,000 in 2020 and a minimum value of 2,239,377,000 in 1970.

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
1970 2,239,377,000
1971 2,576,719,000
1972 3,051,920,000
1973 3,835,763,000
1974 5,012,937,000
1975 6,104,368,000
1976 6,190,745,000
1977 6,627,900,000
1978 6,500,440,000
1979 7,345,255,000
1980 9,195,000,000
1981 10,325,000,000
1982 11,735,000,000
1983 13,272,000,000
1984 14,072,000,000
1985 15,524,000,000
1986 16,384,000,000
1987 18,228,000,000
1988 21,616,000,000
1989 26,246,000,000
1990 26,996,000,000
1991 22,485,000,000
1992 18,844,000,000
1993 16,413,000,000
1994 16,927,000,000
1995 18,999,000,000
1996 20,930,000,000
1997 23,670,000,000
1998 26,757,000,000
1999 28,485,000,000
2000 31,460,000,000
2001 33,084,000,000
2002 32,076,000,000
2003 33,056,000,000
2004 35,336,000,000
2005 37,743,000,000
2006 39,358,000,000
2007 45,263,000,000
2008 47,583,000,000
2009 41,720,000,000
2010 41,949,000,000
2011 44,780,000,000
2012 46,395,000,000
2013 44,967,000,000
2014 44,425,000,000
2015 44,877,000,000
2016 49,474,000,000
2017 52,839,000,000
2018 56,183,000,000
2019 57,122,000,000
2020 57,193,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts