Finland - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Finland was 51,864,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 53,079,000,000 in 2018 and a minimum value of 20,459,360,000 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 constant local currency.

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

Year Value
1970 20,459,360,000
1971 21,203,720,000
1972 22,593,940,000
1973 24,516,010,000
1974 25,295,820,000
1975 26,807,480,000
1976 24,846,030,000
1977 23,999,880,000
1978 22,161,560,000
1979 23,059,240,000
1980 25,549,000,000
1981 26,224,000,000
1982 27,837,000,000
1983 28,973,000,000
1984 28,794,000,000
1985 30,230,000,000
1986 30,810,000,000
1987 32,561,000,000
1988 36,082,000,000
1989 40,315,000,000
1990 38,873,000,000
1991 32,298,000,000
1992 27,857,000,000
1993 24,370,000,000
1994 24,576,000,000
1995 27,657,000,000
1996 30,424,000,000
1997 33,735,000,000
1998 37,335,000,000
1999 39,028,000,000
2000 41,455,000,000
2001 42,186,000,000
2002 40,940,000,000
2003 42,085,000,000
2004 44,047,000,000
2005 45,479,000,000
2006 46,096,000,000
2007 50,843,000,000
2008 51,165,000,000
2009 45,010,000,000
2010 46,047,000,000
2011 47,836,000,000
2012 47,700,000,000
2013 45,502,000,000
2014 44,668,000,000
2015 44,877,000,000
2016 48,909,000,000
2017 51,237,000,000
2018 53,079,000,000
2019 52,292,000,000
2020 51,864,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts